BioQuest Corp. (BQST)

[Big Brother]

Progressus technology is pretty cool, as it would allow hydrogen to travel through existing natural gas lines to peoples homes....where it would then get separated at the home from the natural gas..... thus making hydrogen more accessible for folks to use.

However, I thought 90M shares issuance was way too extreme...... especially with a couple of dirt cheap penny stocks owning the bulk of the shares. When these companies are done diluting their own shareholders into oblivion, the next thing would have been to start dumping their shares of BQST.

So as a BQST shareholder, longer term I just didn't like it, .....and it would never have been appealing to others @ $1.00+, when folks saw the majority shareholders were cheap penny stocks...it just didn't look good IMO.

I think they can find a better merger/acquisition, this is a very solid shell, though not technically classified as a 'shell' per se.......an SEC filer, with a high insider ownership % and tiny amount shares held @ DTC. If someone wanted to merge in, become penny stock exempt and prepare for uplisting, it would be pretty easy to do with this share structure, they could also potentially buy out the bulk of the float as well, as the share are still in cert form. So to me this is one of the better OTC merger vehicles out there.