Hi Brooklyn Strong,
Yes it is hard to imagine this company under the old leadership. They had a handful of half-ass projects (phase-out, sunglasses and one patent) It was an absolute mess with massive debt and no plan at all. Jon Scahill had to turn around a sinking oil tanker and reinvent the business. In Jon Scahills time, I believe he is building a long term company and not a flash in the pan. Two side point I hold on to.
1. QPRC is staying under the radar they are not pumping they are working their plan and I believe it will pay off. With their last settlements they could have put a press release out (it costs a bunch to put it on the wires) and the shares would have moved. They are thinking long-term and not a quick hit and run.
2. The old leadership would constantly file that they planned to sell shares, every quarter, like clock work. No plan as far as I could see but rather if the shares spiked they were going to take the money and run!
I don't see that with the current leadership. They own a lot of shares and if anyone should be motivated to raise the value of the stock it would be them.
Lastly, on a funny note. When you logged onto their old website you would also hear a car peeling out and revving its engine the whole time you were on the site. Constant car noises? At one point the shares were selling at about .20.
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