It's just one after another with these clowns...
(QTNT) - trades on the OTC BB. watch as the story unfolds.
near the end of July 1998 the stock was trading for about $1.00 with a avg. daily volume of less
than 100,000 shares.
Then suddenly in Aug. the stock starts to move down and volume picks up.
view chart: bigcharts.com
weekly report:
==============
week of 7/26 start $1.00 end of week at $.80 volume was 363,800
week of 8/2 start $.75 end of week at $.46 volume was 553,100
week of 8/9 start $.51 end of week at $.25 volume was 984,600
week of 8/16 start $.25 end of week at $.18 volume was 2,210,400!
week of 8/23 start $.19 end of week at $.21 volume was 670,500
week of 8/30 start $.19 end of week at $.13 volume was 448,400
what could be going on ??? why did the volume surge and the stock srart tanking ????
Well, I'll give you one guess .......
================================================================
link: biz.yahoo.com
SALT LAKE CITY, Sept. 9 /PRNewswire/ -- Quick Tent Inc. (OTC Bulletin Board: QTNT -
news), an emerging company, announced today that it has received a cash infusion totaling
approximately $230,000 through a private placement offering with Toronto-based Thomson
Kernaghan Co. Ltd. and the issuance of a convertible debenture with New York City-based
GEM Advisors Inc.
================================================================
any questions now as to who was shorting the stock in preperation for receiving the debentures
?
For a lousy $250,000 the company lost more than 85% of its value in a matter of a few weeks.
It should be clear that Thomson was shorting the stock in Aug. knowing that they are going to
get the
debenture deal that was announced in Sept.
It ever gets better.... are you ready ?
Guess which NASD member (i.e) Market Maker is now sitting on the BID on QTNT at $.11
looking to obviously cover ?
That's right ...... NITE (Knight Securities)
the sad thing is that GTNT is probably not even aware of what the
hell happened to their stock.... well, that is until now.
GTNT contact info:
Quick Tent, Inc.
4035 South 300 West #6
Salt Lake City, UT 84107
Phone:
(801) 269-6050
Fax:
(801) 269-6052
Hey Mr. Valentine .... gotcha again huh ?
Man, I bet by now you wish you had never heard of CSGI.
well, you ain't seen nothing yet.
more to come.... stay tuned.
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