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Microcap & Penny Stocks : QTNT

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To: sunset who wrote (736)3/15/1999 9:05:00 AM
From: Jon Siegal  Read Replies (3) of 789
 
3 questions...so 3 answers Dave, I do not expect Dave Taylor to leave the company. Juanita, I am not sure if I had spoken with you about this on the phone, but I don't look for the December financials to come out, period. The reason is simple -- with the exception of a few local stores, there were no sales for QTNT in 1998. However, QTNT knows the importance of not only filing their financials, but also announcing them on time to their shareholders. Because revenue in this quarter *ending 3/31) is a real possibility, my firm has recommended to QTNT that this quarters numbers be released in a timely fashion. Zonkie, I see that some others have already posted their thoughts. The truth is, if there is anything in the works that would impact the companies bottom line, it is illegal for me to disclose it in anything other than a company news release, as telling just this thread would constitute selected disclosure, and the SEC would get very unhappy with both me and QTNT.
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