Monday, August 30, 2021 9:36:39 AM
Although the company has struggled to generate revenue, one thing I find quite interesting is the ability of QGSI to attract some significant amounts of investment at relatively favorable-to-the-company terms. That $1M investment at 20 cents is hard to ignore. And the continued loyalty of the convertible note holders (1-year strike price at 25 cents) is pretty impressive. It looks like David Daniels (who now has about $450K of those 25-45 cent notes) added another $100k when the stock was trading below 10 cents.
One of the more interesting convertible additions during the last quarter was that $100K amount from Hybrid Financial (the Canadian investor relations/marketing firm). In the explanatory column QGSI did not mark this as "services". Whether this note was actually an investment by Hybrid or it was for services, I view this as a somewhat bullish sign by Hybrid.
Definitely getting a "gut feeling" that something significant is approaching (either a major corporate development/announcement and/or a sustained push to a much higher price range). The investments, Govin Misir's involvement, etc., all seem to be pointing toward that. Leonardo Cardoso made a another comment last week about anyone shorting the stock......
https://www.linkedin.com/posts/leocardoso_quantgate-significantly-strengthens-balance-activity-6836710092100964352-468E
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM