R/S everyone please read.
In reply to ‘prince’: Yeah, I honestly don’t know what the PPS will be by then. But it is sure fun to throw out numbers.
For everyone:
In all honesty though, people think that a reverse split will take place and in my opinion I don’t think it is necessary. Q has a viable product and a potential subscriber base. Q has come a long way and I think we will see a lot of advances in the upcoming months. What needs to happen though as I have stated before, is that Q needs to get their filings in order. This will help boost the PPS and insure investor confidence. By that time though, the soft launch should be completed and we should be well into the hard launch. People need to realize that reverse splits are a last resort for a company to get it's PPS up in order to attract new investors. The problem with reverse splits is that this is an artificial method of increasing share price verses increasing price though the natural buying and selling of a security. While it may increase the price temporally, the price will just fall back to original levels. Why? Well the reason is simple; nothing about the company has changed in order for the artificially inflated price to hold. A lot of times you will see Bio tech firms use this tactic to draw new investors in with the artificial price, the price falls, and the Bio tech firm now has more money to get themselves by for another quarter or so. I can guarantee you however, if an R/S is announced, most investors will back their bags and leave QBID. Frank has stated he has plenty of funding, so that is also why I say an R/S is pointless.
Do any of you agree with this? Please explain your agreement or disagreement so that we all may learn from this discussion.
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