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Microcap & Penny Stocks : QTNT -- Ignore unavailable to you. Want to Upgrade?


To: steveK. who wrote (698)3/4/1999 12:17:00 AM
From: Moonglow  Read Replies (1) | Respond to of 789
 
Excellent post, Steve. QTNT never stated that they had already sold 50,000 tents. They said earlier that their GOAL was to sell 50,000 tents. Looks like that's still their goal...that and a lot more in the future.

I LOVED the part of the release that mentioned the Boy Scouts and the military. That's EXACTLY what I had been thinking when I mentioned the other day about other uses besides just leisure....but I was reluctant to mention it because I didn't want people to think I was trying to hype the stock....and then the news release mentioned it for me!

But can you just IMAGINE the revenue that could result if QTNT manages to sell to either or both of those groups? YOWEE!!

Cheers! Juanita



To: steveK. who wrote (698)3/4/1999 12:49:00 AM
From: Swingdr1  Read Replies (1) | Respond to of 789
 
I have done the DD and it was stated that QTNT received a line of credit to fill purchase orders. ''This is a very significant milestone for Quick Tent,'' said David L. Taylor, President and Chief Executive Officer. ''We now are poised to jettison out of the development stage, and we should soon be seeing significant sales of our very unique product. When the production molds are delivered to our manufacturing partner this month, we will soon be able to begin filling firm purchase orders that we already have in hand. J Segal or D Taylor have never reported any numbers like est cost.

A business plan is more involved than saying "we hope to expand our worldwide market share to four percent within the next four years, ultimately capturing at least 10 percent of the market, or 1.5 million tents worldwide per year." So this company is going from $0 to $90,000,000 in sales in four years. I have talked with David Taylor and he seems like a nice guy but has shown no indications that he is qualified or posseses the ability to take QTNT to over $200 mil(10% market share).
I think they have a great product, they just need some great leadership to go with it.

MAK