GREY:QSLRF - Post by User
Comment by
mercurysmithon Nov 30, 2013 4:43pm
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Post# 21956578
RE:RE:Next News....
RE:RE:Next News....It is a "wait and see" given a total of only 4K shares have traded hands these past four trading days.A total of 469K shares traded in November with houses 009 and 007 doing most of the buying.
It is noteworthy that CEO Tapakoudes signed a form 45 on Nov 19th (filed Nov 21st) confirming he owns 4,901,585 shares but is in the process of selling 1M of those shares privately. The document certifies he has "no knowledge of a material fact or material change" with respect to Q that has not been generally disclosed. It remains to be seen whether this private sale is to a new investor. There haven't been any other insider trades the past couple of months and it isn't showing up on canadianinsider yet.
Given the MD&A came out on November 18th, I doubt the November monththy CNSX update coming out next week will be able to add much other than to confirm the test panels have now been sent to California for certification--I have no idea how long that certification will take but I doubt it would dake less than two months. Q needs that certification to nail down any bigger contracts in the US may well be conditional on that certification. .
Wouldn't it be great if Q could give us all a nice Christmas gift by way of nailing some contract that could shoot the s/p back up over a dollar again. We are currently still paying the price of the EU tariff which lost us the 25MW of contracts signed last April, only to be abandoned with the imposition of the tariff. Q has lots of irons in the fire for new contracts in multiple countries, but it would be a great Christmas gift for one of those opportunities to materialize.