I mentioned this one a couple of times already... QTEK.
This is a real company. I know the individual who is trying to buy the float. Also, Celsius has quietly offered $10 a share for the company.... this according to sources "close to the company" file that in the FWIW dept.
Price: 1 7/8 X 2 1/16 currently.
Shares O/S: 13.8M
Float: 1.4M
Earnings will be filed by end of next week.
One individual owns 600K of the public float. He tells me he wants to control the float and is going to buy up the rest of it... We will see about this...
From the NR: -- Quintek has a patented, one of a kind product offering which utilizes laser imaging technology combined with dry silver microfilm to produce a chemical free, efficient, and cost effective means of long-term data
storage. Thus, alleviating many problems currently associated with other digital storage mediums. For example, the Year 2000 bug,software obsolescence, age degradation of storage medium, and computer viruses among others.
-- QTEK's aggressive Internet growth strategy Web Shuttle offers an Internet based archiving service with the combined advantages of both digital and microfiche technologies. This service provides a means of archiving data without the customary problems associated with data storage such as; expensive equipment, storage concerns, and security issues. Because this service is provided completely independent of location, the potential market for this service is tremendous.
Web site: quintek.com
Not a rec to buy, do your own DD.
Tom |
