QuantGate Systems Inc. (QGSI)

[Potse]

Last couple/few months have been interesting......

Interesting to see that they put up financial projections on their corporate presentation. It was there earlier in the year then removed it and now it's back.

I find the restoration of the financial projections in the corporate presentations to be eye-brow raising. After QSGI removed those projections many months ago, I just assumed it was because they did not have confidence in those numbers. But the company appears to be reiterating its subscriber/revenue targets now. Quite interesting.

Since the adjustments to the management/advisory team began in May, Wayne Welter appears to have taken a much more active role in the company now.

One thing I have found a bit interesting/intriguing is the Co-Pilot product that started appearing on the website a couple/few months ago. It appears to be a feature that brokers can embed directly into their trading platforms. The product overview presentation that can be downloaded from the QGSI website shows Co-Pilot embedded into a CGQ trading platform. As far as I am aware, QGSI has not mentioned anything about this product.

Last year (I think it was around September/October) I had mentioned that Vikal Kapoor's Seven Train Ventures firm had apparently done some type of advisory work for QuantGate. It is possible this is nothing more than just some late updating/housekeeping on the part of Seven Train, but it is interesting to note that within the last two months or so Seven Train started including QuantGate in the venture development (strategic advisory) section of website. Again, it might not actually be something meaningful at this point, but I do find the timing to be kind of interesting.......

https://seventrainventures.com/lab/

Interesting to note that Leonardo Cardoso's tweet from June 8 seemed to basically mark a bottom in the stock (within a couple of cents or so)......

I hear you loud and clear. Rest assured, the team is focused on building long term value. We have organized the house and we have an amazing tech. Short term fluctuations is inevitable... anyone shorting out stock will probably have a traumatic experience.

I hear you loud and clear. Rest assured, the team is focused on building long term value. We have organized the house and we have an amazing tech. Short term fluctuations is inevitable... anyone shorting out stock will probably have a traumatic experience. 😉👊🏼🚀

— Leonardo Cardoso, CFA 🇺🇸🇧🇷 (@leocardoso) June 9, 2021