Effect of listing downgraded to Pink on December 1
Post# of 22456
(Total Views: 328)
Posted On: 12/07/2019 6:02:05 PM
Effect of listing downgraded to Pink on December 13, 2017 was broker restriction in trading QTMM and very thin daily trade volume. So those want to accumulate share better do it soon before it will happen again.
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Posted On: 05/05/2018 12:18:13 PM
Posted By: AustinInvestor
Hello Everyone,
I hope you are all doing well. It's been a while, since I've posted on the board.
I was curious if anyone was able to place a trade to purchase QTMM shares in their brokerage account. I recently tried to buy some shares online through Fidelity & was told by Fidelity that because Quantum is trading on the pink sheets that they would not recognize the stock & hence I was unable to place a trade. They said that this was for "investor protection."
Has anyone experienced this problem with Fidelity & other brokerage houses?
This could explain why there is such low trading volume on the stock.
I hope the company files their 10-K soon, so they can go back to the OTCQB, & we won't experience this issue anymore.
Posted On: 05/05/2018 3:24:47 PM
Posted By: pnj1204
Re: Crunch55 #9728
I'm on Fidelity too. Been restricted from purchasing for months. Just waiting to get off the pinks.
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I think listing will remain in Pink until sustainable revenues flow in and share price is trading in $$. But if the delinquent 10K and 10Q are filed before February 14, it will be a good news, that means something big is coming in the counterfeiting operation and the fiscal Q2 10Q due on February 14 will be filed on time and will report revenue of at least $2 million, if all these will happen then the rocket will be launched.
https://investorshangout.com/post/view?id=5610116
~~~~~~~~~~~~~~~~~~~~~~~~
Posted On: 05/05/2018 12:18:13 PM
Posted By: AustinInvestor
Hello Everyone,
I hope you are all doing well. It's been a while, since I've posted on the board.
I was curious if anyone was able to place a trade to purchase QTMM shares in their brokerage account. I recently tried to buy some shares online through Fidelity & was told by Fidelity that because Quantum is trading on the pink sheets that they would not recognize the stock & hence I was unable to place a trade. They said that this was for "investor protection."
Has anyone experienced this problem with Fidelity & other brokerage houses?
This could explain why there is such low trading volume on the stock.
I hope the company files their 10-K soon, so they can go back to the OTCQB, & we won't experience this issue anymore.
Posted On: 05/05/2018 3:24:47 PM
Posted By: pnj1204
Re: Crunch55 #9728
I'm on Fidelity too. Been restricted from purchasing for months. Just waiting to get off the pinks.
~~~~~~~~~~~~~~~~~~~~~~~
I think listing will remain in Pink until sustainable revenues flow in and share price is trading in $$. But if the delinquent 10K and 10Q are filed before February 14, it will be a good news, that means something big is coming in the counterfeiting operation and the fiscal Q2 10Q due on February 14 will be filed on time and will report revenue of at least $2 million, if all these will happen then the rocket will be launched.
https://investorshangout.com/post/view?id=5610116
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