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I think QRCP is about to break out.
Quarterly Earnings Report coming out after close today....gapper in the AM. And then they just announce other big news on Friday: Loan amendments and capital infusion, along with a land partnership.
Going back to $'s
I just sold what I picked up at .0011 Sry but I'm not getting caught in the Friday afternoon dump. This didn't get any news just pics posted by an investor. (but good job on those pics).
QRCP= 10x's I've been trying to tell everyone!
Thanks legalegaltx!
I see QRCP as a 10 bagger...check it out and tell me what you think
anyone in QRCP? up over 37%
anyone in QRCP? up over 37%
QRCP comments welcome.
QRCP is moving!
QRCP..Called @ .55 Watch it go now!
QRCP is on the move!
Quest Energy Partners Announces Loan Amendments and Borrowing Base Confirmation
Nov 7, 2008 7:30:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesOKLAHOMA CITY, OK -- (MARKET WIRE) -- 11/07/08 -- Quest Energy Partners L.P. (NASDAQ: QELP) ("QELP") today announced that it had finalized agreements with its lenders to amend the terms of its senior credit agreement and second lien senior term loan agreement. Among other terms of the amendments, the lenders agreed to waive any potential non-compliance in prior periods that was a direct or indirect consequence of the questionable transfer of approximately $10 million of funds from the Quest entities to an entity controlled by QELP's former chief executive officer.
QELP's senior credit agreement consists of a $250 million revolving credit facility with availability tied to a borrowing base that is re-determined by the lenders every six months based on third party reserve reports. On November 5, 2008, the lenders reviewed and affirmed the existing borrowing base of $190 million, consistent with the borrowing base at the time of the PetroEdge acquisition in July 2008. With the reconfirmation of the borrowing base, QELP has $7 million of availability under the revolving senior credit facility. QELP has not borrowed on the facility since the Quest entities announced the questionable transfer of funds on August 25, 2008.
QELP's $45 million second lien senior term loan was amended to extend its maturity from January 11, 2009 to September 30, 2009. The amended second lien senior term loan limits fiscal 2009 capital expenditures to $30 million and, for as long as the second lien senior term loan is outstanding, limits the maximum quarterly distribution QELP may declare and pay on its outstanding common units to $0.40 per common unit. The amendments also require QELP to make quarterly principal payments of $3.8 million beginning November 15, 2008 on the second lien senior term loan.
The interest rate payable under QELP's credit facilities is a variable rate equal to, at QELP's option, either the Eurodollar rate or the base rate, plus an applicable margin. The amendments increased the margins payable under each credit facility. After giving effect to the amendments, the current interest on the revolving credit facility was increased from 5.75% to 6.875% and the interest rate on the second lien senior term loan was increased from 9.875% to 12.5%.
QELP paid a 25 basis point amendment fee on the committed amounts of the credit agreements. The full amendments to the loan agreements were filed with the Securities and Exchange Commission on November 7, 2008.
Management Comment
David Lawler, president of QELP said, "We are pleased to complete these amendments that give us additional time to repay our second lien senior term loan and allow us to continue to make distributions to our common unit holders. We are committed to limiting capital expenditures in 2009 to a maintenance level and using excess cash flow generated by our operations to reduce debt."
you'll see why
Posted by: Stock RN Date: Tuesday, November 04, 2008 3:12:10 PM
In reply to: hershel who wrote msg# 27579 Post # of 27621
I still think they will take this down on some small trades. I do notice that nobody is willing to sell @ .0011 so they will just induce a little panic. IMHO.
I've got my order in @ .0008 for 11.7 mil I hope for everyone's sake it doesn't get there
Bid thinning
And now let's see if they take it down on news
Will there be another EOD run?
I still think they will take this down on some small trades. I do notice that nobody is willing to sell @ .0011 so they will just induce a little panic. IMHO.
I agree. I find this fact very troubling: This company just keeps raising the Authorized month after month it went from 5 mil (in Sept.) to 1.4 Billion(Oct 23). Does this not concern anyone?
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=1HPIymKMftfyWUJ3lBGuLQ%253d%253d&CorpName=BEBIDA+BEVERAGE+COMPANY
I've seen this before and it's never good.
I'm waiting for triple 0's to get in. If it doesn't bounce @ .0009 we will see .0005-6 by the end of the week. 50% haircut from here I'm afraid might happen.
going down to .0009 then back up imo
I've been watching this one for awhile. I have followed and verified most of this DD. Great job posting that interview (which was only a small part of the overall DD. available).
This one's now on the rise imo.
"Trade it...don't marry it...but don't trade it till .014 -.018"
Best post!
lovely...another film library....Are you F'ing Kidding Me !!!
When this madness ever end!
remember the good old days...lol
http://investorshub.advfn.com/boards/read_msg.asp?message_id=19955106
This is looking Very interesting ! I just made a bundle last month and am starting to settle down into this one.
From my current DD I am satisfied to play this one a bit. I've been in for about 4 days. In @ .0016 but just wanted to stop by and boardmark this place, pop my head in and say hello..I've been reading.
Happy trading all.
repeat...Damn these guys are PATHETIC < LOOK >
Produce Safety & Security International Announces Roll Out for Import & Export Floral Process Distribution Centers
Market Wire, November, 2006
Produce Safety and Security International, Inc. (PINKSHEETS: PDSC), an ozone and chemical sanitation disinfectant process supplier to the food and medical industries, announces the selection of three locations for Floral Distribution.
Produce Safety & Security International will finalize leases for three distribution centers for Floral Distribution Centers located in Dallas, Texas, South Florida and Los Angeles area.
Clarence W. Karney, CEO of Produce Safety & Security International, states, "The selection of these facilities will create increased sales, providing the Floral Industry with a cost-effective process giving a higher return to the grower, packer, distributor and retailer. These distribution centers will give PDSC the eighth revenue center in the multi-billion-dollar floral industry. The three locations will provide a more effective delivery process giving the end customer better product with longer shelf-life."
About Produce Safety & Security International, Inc. (PDSC)
PDSC has developed and patented products for extending the shelf life of perishables. The EPA-registered products sanitize and disinfect against food-borne illness pathogens and disease-causing bacteria. PDSC provides a range of options for retail stores, restaurants, cruise ship lines, disaster cleanups and municipal programs. Furthermore, the process incorporates a complete audit trail, an essential component for complying with government regulations in the USA, Canada and Mexico.
Posted by: Always Faithful
In reply to: None Date:5/31/2007 10:15:49 AM
Post #of 5006
inside scoop says this is going subpenny fast...beware!
sorry to say..but he is right. Sell and cut your loses. Get your couple hundred or thousand out...whatever you have left. I've done quite a bit of DD on these guys. And from what I've got they ARE setting up for a R/S. This will R/S by September if all goes according to plan. Not here to bash just passing on info. Take it or leave it. I won't mention it again so don't bother calling me basher please.
inside scoop says this is going subpenny fast...beware!
unfortunately, bids are dropping. This may print .0004 today it seems.
Then why do you keep repeating it?
Level 2 screen shot >>>>
at least if they R/S then everyone could sell. They must have made a killing on this one a couple weeks ago.
it's a long long line to sell unfortunately
they would laugh at that.....
"They need to know we're getting killed out here"
...so many comments, so little time.
so what's the deal here? Why such the decline?
yes, I think you are exactly right DTL. I see a low of .001 coming unfortunately by end of next week at the latest. But at that point it will bounce back to .002 - .0025 probably before mid May.
that's possible but let's just watch and wait. I think anyone who owns this right now HOPES it will go up. So...let's not bash it before it happens...if you own it.
just keep selling for us then... please.....just kidding