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Microcap & Penny Stocks : QTNT

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To: Dave Gore who wrote (711)3/4/1999 9:46:00 AM
From: Jon Siegal  Read Replies (3) of 789
 
Last year's PR - Folks, in my opinion, it was not the convertibles that drove this stock price down. If you remember correctly, when we announced that in September, the price was already around or beloe $0.20. Many people are referencing announcements made in news releases last year that the company would sell $3 million worth of tents in 1 quarter, or $18 million for the year. I have to be very careful here, but the reason that my firm was brought aboard was because their previous PR firm was ALLEGEDLY issuing news releases on behalf of QTNT without QTNT's knowledge or approval. I obviously wasn't around back then, but that would sure explain why this stock plumetted once the truth came out. I really can't say anything further about that, but if that were true, it sure would explain a lot.
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