SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : QuesTec.com (QSTI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: recycle who wrote (996)4/26/1998 8:54:00 PM
From: R. Dolan  Read Replies (2) of 2393
 
<Now the bad news, QSTI issued them 150,000 shares of common stock and 800,000 options at a share price of an average of $0.31. The disclaimer also states SBR can sell this stock at any time it so desires.>

That is bad news. I can't imagine how many shares are outstanding at this point. This company isn't going to work for free, I would imagine they'll dump these shares on the market when the stock pops (or if) with the contract news. May even exersise some of the options to sell also if they don't kill the price too badly with the 150K. That will kill off the stock for another season.

If I were a bettin' man I would say there is a reverse split on down the road that won't be a good thing for us current shareholders. They can't expect to ever get listed with a gazzillion shares in the market.

Rick
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News