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Not getting paid by anyone Sir. I'm not negative, unfortunately, the facts are. If all sides of the story are not represented, then it can be misleading.
If you can point out any errors in anything I've said, I'll acknowledge and correct myself instantly,
I'm happy to hear your questions on the facts
I'm also thrilled when people make money. If everyone wants to buy this stock on the facts, that's awesome. I would hope that you or someone else would do me the good deed of revealing the ups and downs of any stock I'm looking to buy.
Possible upside is being well represented here by many.
The truth has no agenda.. just keeping the story straight.
they've sold off the only 2 patents to show any market value.
The other 8 have never had a revenue producing product associated with them... even by QSIM
Such a dirty game OTC is... it's not news that the signal for another jump will be another jump in new faces on the board...
Funny thing is all the people that got excited about QSIM getting royalties but no spike in VIVK.. the compnay that will be so succusfull with Fenix going forward that they will make QSIM rich with a 5% royalty.
Answer is easy IMO, VIVK is not converting massive numbers of shares so no need for huge promotion.
VERY misleading article with some out right errors, i.e. the company did not merge with anyone in 2017 and "sales have not lived up to expectations" in reality, there have been ZERO SALES, NONE, NATTA of the FeNix product in the over 2 years since market validation and the deal with Casale SA.
However, most people will not do their own DD and this article will likely make the PPS jump, at least in the short run.
There are a lot of shares that have been converted, according to fillings as many as 1.5 Billion. I know many have said the A/S has not increased but it's extremely unlikely, statically speaking, that every possible outstanding share has traded over 2 times in the last 3 trading days. I don't see how it could still be at 500 million. They approved raising the A/S to 5 Billion back in July. *** read the sticky
QSIM has told us they will not file 10Q's going forward so hard to tell what's really going on but where they left off is pretty bleak.
I'm going to take that at face value my friend and take you up on the offer to follow you.
I'm sticking around to see this to the end though. I do have a lot invested in the company (money and time). My relationship goes back to 2010 and I personally knew the co founders.
Not a very good use of my time I suppose but I want to help keep the story straight.
Remaining 8 patents have never been put forward with any revenue producing product by QSIM and by default have questionable value. The only patents that have shown market value, they just sold... for stock in another company... not money.
Make your own mind up on the Royalties. I personally don't see much coming from it because of the following...
Possible future royalties would be paid at 5% of gross sales of the product Fenix. However, QSIM had proof of concept in early 2015, backing from a huge company in the industry, and in despite having more than 2 years, QSIM was not able to get one sale... not one commercial installation of the product.
This during the time they had all of their talent in place (They are now gone) and millions of dollars to put behind the effort.. with no sales of the product the royalties would come from.
To answer the "why didn't VIVK just purchase the company?" IMO, They would have had to also purchase the debt (considerable) and legal issues. They recently settled one big investor law suit described in their fillings. I don't know if there are any others but they said in their recent fillings that they burned through over $49 million dollars with virtually no sales to show for it... Less than $50 thousand over their more than 10 year history.
If you read what I wrote, I completely agree that it could go back up again and likely will before it's all over.
My point is that it's not because QSIM looks like a winning company going forward, it will be market forces that drives it and it will be temporary.
I gave a lot of details to back up my opinion. If you can find fault or error, point it out. I'm all ears and happy if you do it. I just look at the facts as they are presented.
This is why, IMO, it's going back to where it was or lower...
I've been watching this stock for a long time.
This is a cycle I've seen repeated at least 4 times since March. Although this is the biggest volume episode by far. It was expected.
Leaders come in with a lot of followers, the stock runs up nicely then, by default, a lot of good people get left holding. If you time it right, you make a killing.
there's nothing good for QSIM in the 8K everyone reacted to other than retiring debt. Company is controlled by the preferred stock holders/note holders. (In the fillings)
Instead of backing QSIM with more capital to continue their wonderful product and keeping the R&D team together, they preferred to get VIVK restricted stock. QSIM paid for their last audit with stock because they have no money.
Remaining 8 patents have never been put forward with any revenue producing product by QSIM. The only ones that have, they just sold... for stock in another company.
The Royalties aren’t much of an issue because I personally don't see much coming from it. They had proof of concept in 2015, backing from a huge company in the industry, and not one sale... not one commercial installation of the product that they will get Royalties from.
QSIM's backers have no or very little faith in QSIM or they would back them continuing the marketing and development rather than force the sale of the IP and related hard assets to another company for restricted stock.
Kevin, the only remaining board member, should get royalties if any develop. he put in many years of hard work. I'd like to see him get a payoff. The odds are against it, that's all.
If you have a different logical read, that's fine. This is mine based on my long history with the company (since 2011) and reading every word of every filling.
My 2 cents, good luck for some, my sympathies to the rest.
If they got in at .0004 and sold above .002, that's a lot of cheer in anyone's book. Pretty awesome.
Some want to play limbo with a stock that has very little compelling public reason to own.. It's a game of timing like most in OTC.
IMO it will definitely go back to or below where it started because there is nothing to keep it up. If you want to know details that back up my opinion, just ask.
Do I know when it will drop? Definitely not.... the promotional strength of some stock analysts are very powerful. IMO, this is the only driving force here but certainly not anything QSIM has within the company any longer.
Not QSIM's market any longer. QSIM's sale of the related IP (patents), hard assets (production and R&D equipment), and Sales partner agreement with Casale SA takes them out of the industry.
Possible royalties of 5% down the road on something that they have not been able to sell at all, not even one location in over 2 years since proof of concept.
This is great for VIVK, but it takes QSIM out of the market except for a possible small royalty down the road.
Volume today is still historically high for this stock. Just nothing compared to the last 2 trading days, but nothing compares to the last 2 trading days...
Let me give you some unsolicited help... This is why, IMO, it's going back to where it was or lower...
I've been watching this stock for a long time.
This is a cycle I've seen repeated at least 4 times since March. Although this is the biggest volume episode by far. It was expected.
Leaders come in with a lot of followers, the stock runs up nicely then, by default, a lot of good people get left holding. If you time it right, you make a killing.
there's nothing good for QSIM in the 8K everyone reacted to other than retiring debt. Company is controlled by the preferred stock holders/note holders. (In the fillings)
Instead of backing QSIM with more capital to continue their wonderful product and keeping the R&D team together, they preferred to get VIVK restricted stock. QSIM paid for their last audit with stock because they have no money.
Remaining 8 patents have never been put forward with any revenue producing product by QSIM. The only ones that have, they just sold... for stock in another company.
The Royalties issue out because I personally don't see much coming from it. They had proof of concept in 2015, backing from a huge company in the industry, and not one sale... not one commercial installation of the product that they will get Royalties from.
QSIM's backers have no or very little faith in QSIM or they would back them continuing the marketing and development rather than force the sale of the IP and related hard assets to another company for restricted stock.
Kevin, the only remaining board member, should get royalties if any develop. he put in many years of hard work. I'd like to see him get a payoff. The odds are against it, that's all.
If you have a different logical read, that's fine. This is mine based on my long history with the company (since 2011) and reading every word of every filling.
My 2 cents, good luck for some, my sympathies to the rest.
You're correct, I left The Royalties issue out because I personally don't see much coming from it. They had proof of concept in 2015, backing from a huge company in the industry, and not one sale... not one commercial installation of the product that they will get Royalties from.
QSIM's backers have no or very little faith in QSIM or they would back them continuing the marketing and development rather than force the sale of the IP and related hard assets to another company for restricted stock.
Kevin, the only remaining board member, should get royalties if any develop. he put in many years of hard work. I'd like to see him get a payoff. The odds are against it, that's all.
If you have a different logical read, that's fine. This is mine based on my long history with the company (since 2011) and reading every word of every filling.
I've been watching this stock for a long time.
This is a cycle I've seen repeated at least 4 times since March. Although this is the biggest volume episode by far. It was expected.
Leaders come in with a lot of followers, the stock runs up nicely then, by default, a lot of good people get left holding. If you time it right, you make a killing.
there's nothing good for QSIM in the 8K everyone reacted to other than retiring debt. Company is controlled by the preferred stock holders/note holders. (In the fillings)
Instead of backing QSIM with more capital to continue their wonderful product and keeping the R&D team together, they preferred to get VIVK restricted stock. QSIM paid for their last audit with stock because they have no money.
Remaining 8 patents have never been put forward with any revenue producing product by QSIM. The only ones that have, they just sold... for stock in another company.
My 2 cents, good luck for some, my sympathies to the rest.
they have 2.5 million in restricted stock.
THEY SOLD OFF THE ONLY PATENTS along with the equipment TO SHOW ANY MARKETABILITY.
POSSIBLE ROYALTIES down the road if VIVK is able to sell what they couldn't for many years.
ALL 3 resolutions were approved. It came out in a PR over a month ago.
they approved raising the A/S to 5 Billion
How anyone can watch this volume and think the A/S is still 500 Million is ignoring simple math
I'm not saying that anyone should abandon the run, just have your eyes open to the facts
Royalties ONLY if VIVK sells any product. ALL up front restricted stock = money for SALE of HARD ASSETS AND IP
On September 5, 2017, QuantumSphere, Inc., a Nevada corporation (the “Registrant”), entered into an Equipment Purchase and Sale Agreement (the “September 2017 Agreement”) with Vivakor, Inc. (“Vivakor”) in which the Registrant agreed to sell to Vivakor: 1. Two patents relating to the manufacture and production of nano-particles for use in conjunction with ammonia, methanol, hydrogen, light olefins and other chemical applications which may be improved through the use of FeNIX and other nano-particles; 2. Reactors related to nanomaterials production, passivation equipment, ammonia bench-test and ammonia lab analysis equipment, nanomaterials inventory, computer equipment, and related property of the Registrant related to nanomaterials and ammonia processes; and 3. The Joint Development Agreement by and between Casale, S.A. and the Registrant dated May 2015, and the Commercialization Partnership Agreement by and between Casale, S.A. and the Registrant dated March 2016.
In return, the Registrant shall receive from Vivakor up to $5.0 million in Vivakor convertible Preferred Series C Shares (“the Preferred Shares”) as follows:
1. The Registrant shall receive $2.5 million in Preferred Shares upon execution of the September 2017 Agreement;
2. The Registrant shall receive an additional $2.5 million in Preferred Shares should a purchase order for a minimum of $450,000 be received for nano iron from an ammonia plant within six months of the signing of the September 2017 Agreement, or;
3. The Registrant shall receive an additional $1.5 million in Preferred Shares should a purchase order for a minimum of $450,000 be received for nano iron from an ammonia plant within six months and one day to one year of the signing of the September 2017 Agreement, or:
4. The Registrant shall receive an additional $0.5 million in Preferred Shares should a purchase order for a minimum of $450,000 be received for nano iron from an ammonia plant within one year and one day to two years of the signing of the September 2017 Agreement,
The Preferred Shares shall convert to common shares on a 1-for-1 basis over a four year period at twenty-five percent per year, or will automatically vest upon such time that the purchase orders from Casale, S.A. or others exceed $3.0 million worth of annual orders.
In addition, the Registrant shall be entitled to receive a royalty payable within ninety days after the end of each calendar year from the prior year’s activities with respect to all Casale, S.A. or other definitive purchase orders. The royalty shall continue for a ten year period and shall equal five percent of gross revenues from the FeNIX orders.
Vivakor will also grant to the Registrant warrants to purchase 11 million shares of Vivakor Restricted Common Stock, which shall be subject to a lock-up agreement pursuant to which during the two year period after the date of conversion, the holder may sell only a number of shares equal to twenty percent of the ten day average volume of Vivakor common stock as reported on its trading market during any ninety day period, at $0.50 per share as of the closing date of the transactions contemplated by the September 2017 Agreement. The warrants shall have an expiration date of two years from the closing date, may not be transferred or assigned without the prior written consent of Vivakor, which consent will not be unreasonably withheld. If warrants are exercised within ninety days of the close of the September 2017 Agreement, the warrant price will be $0.35 per share.
The eight remaining patents shall remain with the Registrant.
The above sale by the Registrant to Vivakor has been approved by the Registrant’s senior secured lender, Novus Capital, and all Series O-2 junior secured note holders.
Volume equaling more than every authorized share trading in 2 days and you think 500 Mil A/S is still valid
Statistically not likely.
Wrong, restricted Stock/money up front is from SALE alone. and only 2.5 million in stock up front. Rest is contingent on a contract for sale of product. Possible royalties if VIVK is able to sell anything.
I don't need to copy and paste, it's a short 8K and there in black and white.
Not royalties, sold equipment and 2 patents for a POSSIBLE $5mil in stock from VIVK.
read the 8K
500 Mil A/S??? Statistically VERY improbable. Diluting in a HUGE WAY but most are making a killing now.
Way to go!
So their only substantial income EVER is from the sale of hard assets and IP the proceeds of which will surely go to the secured investors IMO and this gets everyone excited?
Beautiful ride up from the lows though. Got to hand it to those that get this cycle's timing right. I missed it.
What's your interpretation of this?
Are they finally done?? Even the message board is dead.
5 Billion was approved about 2 months ago. The debt they converted around the same time needed about 1.5 billion shares to accomplish so don't know how they couldn't have raised it by now.
This stock is flirting hard with .0003
I'm going to Santa Anna tomorrow for business. I'm curious if they are still in their building so I'll swing by and see.
New all time low of .00038 for that after hours trade but I don't think it will show up in the PPS
Ironically, it needs a "Catalyst" to get it moving. Seems to be treading water in mid Trips for now...
A wish for a great weekend to all. Thoughts and prayers for our friends in TX.
Very true, I bought a lottery ticket today with near zero chance of winning just for the fun of it LOL.
Not making a direct comparison of course. IMO it will take some news in that direction to drive the stock.
We've all blown more than a thousand bucks when picking up the check for dinner that'll just be crapped out the next day so what the hell.
I wish nothing other than for it to pay off for you.
This is the 1st stock I've been involved with from a Pre IPO investment to where it is now. I'm vetting my logic with what is a new world of penny stocks. Like going from Newtonian physics to quantum physics.
No reason to own common stock in #QSIM other than a flip play IMO
Preferred stock holders are in control of what's left in the company with a majority vote as per QSIM's official fillings.
Essentially, the only assets QSIM have at this point, again as QSIM told us, is the patents. It's only logical that the preferred stock holders would want to sell those outright and get their money out they are owed rather than to allow them to be acquired in a merger. Very unlikely common stock holders would receive any benefits IMO
QSIM has value as a shell but any reverse merger would also be acquiring the debt and possible legal issues associated with QSIM as well. I'm not an expert at this, just using my own logic with the facts as I understand them.
Agreed, but you can't dump a stock without a buyer. That's my point.
There is no business/investment reason why anyone would buy this stock other than a flip and this has been true for a while, and yet people are still buying.
PPS has not responded to the buying pressure at all. I'm at a loss for why it continues but will keep watching.
a lot of buying Roberts, this thing is still very liquid although at a much lower price.
I don't get it but the proof is in the trades.
It took a few days to sell into the 6's, let's see how long the 5's hold out.
I was watching and you hit this one pretty much dead on and those that followed your lead made money for sure.
And you did it without misleading anyone from what I saw. Nice job.
Now that my daughter is out of collage and that money is freed up, I may start following you closely with $$ I can lose without bitterness.
Whomever you heard that from about a contract is not your friend.
You need to read their official fillings.
Roberts is not misleading you in his posts. It's all there in black and white in the official SEC fillings and PR's
I"m not saying that it won't bounce again but from what #QSIM has published themselves, it certainly won't be because of a contract for production as they no longer have the ability to produce.
No one wants to sell into the bid at 6. Might be bottom for now.
Hmmm, looks like the word has gone out to a lot of new people.
Good luck all, I sincerely hope you make some money!
Explain why it will bounce
True that it might. I'd like to hear your reasoning