![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, December 06, 2004 10:58:47 PM
watch when one of the 7,000 hedge funds get wind of SCMI and QTIG.
These stocks will get squared away quickly.
Qtig will get listed, after a few moves.
1]-A buyback program of 200 million shares. Current market value 279 million x .05 = 14 million.
This will move pps to .18 [if no gain], but more likely .36 cents
2] reverse split 1 for 5,and raise pps
to [.36 x 5 = $1.80
LISTING ON AMEX: THEN;
3] buy- out of SCMI for .50 cents a share.
[hedge fund money req...[1]= 10 million
[2]= 10 thousand
[3]= 40 million
They have to admit over 5% investment in QTIG, but not SCMI.
The rules are changing on reporting of holdings of hedge funds.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM