Quest Pharmatech Inc V.QPT

News

[PosNeg1]

Certainly wasn't the news I was hoping for. SP dropping accordingly I suppose. Onco Therapeutics in Korea trading halted or delisted but hasnt traded for a week. It would appear Quest and OncoQuest hold a bunch of paper they cant do anything with?

[ARIMA11]

We'll see. Maybe a cross incoming too. :)

[ARIMA11]

100,000 on the ask at 0.14 cents dissappeared. LOL :)

[ARIMA11]

Apr 01 01:14:42 PM 0.135 13000   85 1 Apr 01 01:14:42 PM 0.135 1500   80 1 Apr 01 01:09:40 PM 0.135 234500   85 1 Apr 01 01:09:40 PM 0.135 14500   7

[G1945V]

Yes exactly (bunch of paper) and here is why as in bold and underlined.   ($300MIL US)   "Pending regulatory approval for the final share payment, OncoQuest has received a 1% interest-bearing unsecured OQP corporate bond with a face value of USD$175 million which is due on February 24, 2022 and can be extended annually for up to five years. OncoQuest

[G1945V]

Per QPT share: QPT will own 35,615,798 shares @ $4.29 = $152 + Mil CAN. Outstanding QPT shares 168 Mil. $152 Mil / 168 Mil shares = ~ $0.90 G1945V

[MPM013]

This is a fair accounting validation, this 0.90$ (and we can say US price...). But in reality QPT will be the holder of the shares and not the shareholders (so, if QPT sell all shares when they will receive them, 90 cents, this is a fair value).  Take the example of Metro who hold a lot of "ATD.A", this is never a "dividend" for the shareholder, but at least, this push the