Post by
retiredcf on Feb 01, 2021 1:27pm
Assessment
QUIS has tripled this year, market cap is now $193M. Insiders own 14% and have been buying. Sales more than doubled last quarter, as did profits. Business is good, though growth is coming from a small base. It has $12M cash. It has really good partnerships, and the digital payment space is a hot sector. It does not have a long history, but has some solid qualities in a small cap. Debt is being reduced: Numbers are solid, momentum is excellent, and the stronger balance sheet should appease some. Risky, but getting more interesting.
So said 5iResearch on 22 Dec when the SP was $1.03. When considering this together with Echelon, QUIS seems like a good deal at this point so got back in a few minutes ago. GLTA
Comment by
kaydeeh on Feb 01, 2021 8:21pm
I quickly went on sedi and figured insiders own about 63 mill common shares which would put them at over 30% ownership... additionally, there are warrants and options.