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QTV - Trending in Year 2017 Post Reply Rate topic
Stocky901 Supreme	23-Apr-2018 19:56        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Notice of compliance soon? sheerluck      ( Date: 23-Apr-2018 19:36) Posted: SGX agreed to QTV extension of time to held AGM, release AR and FY18Q1.  However, the following seems worrying... The Company had applied to the SGX-ST for the Waiver on the following bases:- (a) The Company has been working closely with its Auditors to address the going concern assumption of the Company. This assessment requires the Company to gather and finalise relevant data in order to conclude a cash flow forecast that will facilitate meaningful discussions with its Auditors in respect of the going concern assumptions and complete the audit of the Company for FY2017. As at the date of the application, the Auditors have substantially completed their audit but has not signed off the Independent Auditor&rsquo s Report in respect of the Company&rsquo s and Group&rsquo s financial statements for FY2017 (&ldquo FY2017 FS&rdquo ).  I thought with the sale proceed, QTV cash should be able to last them for a while.  However, auditor seems to express doubt on it.  So what is going on with that US$28mil?  All used up to pay toxic bondholders, short-term loan and super fatty mgmt pay and bonus?  Somemore still issuing shares to repay debt means they havent got enough cash to do so.  Really strange.  US$28mil.  Where is it?
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sheerluck Supreme	23-Apr-2018 19:36        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	SGX agreed to QTV extension of time to held AGM, release AR and FY18Q1.  However, the following seems worrying... The Company had applied to the SGX-ST for the Waiver on the following bases:- (a) The Company has been working closely with its Auditors to address the going concern assumption of the Company. This assessment requires the Company to gather and finalise relevant data in order to conclude a cash flow forecast that will facilitate meaningful discussions with its Auditors in respect of the going concern assumptions and complete the audit of the Company for FY2017. As at the date of the application, the Auditors have substantially completed their audit but has not signed off the Independent Auditor&rsquo s Report in respect of the Company&rsquo s and Group&rsquo s financial statements for FY2017 (&ldquo FY2017 FS&rdquo ).  I thought with the sale proceed, QTV cash should be able to last them for a while.  However, auditor seems to express doubt on it.  So what is going on with that US$28mil?  All used up to pay toxic bondholders, short-term loan and super fatty mgmt pay and bonus?  Somemore still issuing shares to repay debt means they havent got enough cash to do so.  Really strange.  US$28mil.  Where is it?
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sheerluck Supreme	23-Apr-2018 15:13        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	QTV just issued more shares to repay the short-term loan they got.  What happened to the proceed from the sale of their asset.
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Stanton Veteran	07-Apr-2018 17:35        Stanton About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, now that they have cashflow, QTV must stop using GEM or continue diluting shareholders. Otherwise something is amiss.
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sheerluck Supreme	07-Apr-2018 16:41        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	I think the crucial point here is with this type of agreement with GEM, it means there will be big load of new issued share to be dumped for cash in the market and GErM knows exactly when it will happen. And when there is a big dumping coming, what will happen to the share price if you knew for sure when a big dump is coming, wouldn't you capitalise on the opportunity? There are already two cases as evidence that when GErM is in, the price will slowly but surely collapse because of the mechanism due to this sort of agreement. Since now QTV can demonstrate the value of their assets, they should have end the agreement with GErM and seek alt funding means. They didn't even go the right issue route. Right issue route need major SSH support so it says something. Stanton      ( Date: 07-Apr-2018 11:29) Posted: The announcements on the GEM deal has details of the mechanics of how it is done. But I guess most people did not read in details. According to the agreement it is not what you have presented. To give a simplified illustration, here is how it works: 1. Substantial shareholders loan shares to GEM. 2. When co needs money the issue a Sales Notice to GEM for $XXX. Issue price will be 10% discount with reference to the share price preceding the Sales Notice as determined by the co and not GEM. So it should be around current market price. Lets say 10c, so the issue price will be 9c. 3. There will be a evaluation period eg 2 weeks or more depending on how much the co need to raise. During this period, if price is 10c or higher GEM will keep selling using the loaned shares until they raised the amount of cash requested by the co. There is also some restrictions on how much shares they can sell per day. (But nobody knows if GEM breaks the restrictions). 4. If during this evaluation period, shares price goes below 10c, GEM does not sell. Co can either extend evaluation period, revise the sales price or call off the Sales Notice. 5. Once sales is completed, GEM issues a Closing Notice to the co to confirm the share sale and gives co the money. 6. Co issue new shares based on 10% discount to the Sales Notice price as predetermined by the co. In this example it is 9c 7. The new shares are returned to the share lending pool with GEM. This is what I meant by GEM is guaranteed min 10% profit without any upfront cash. Anyone of us can also act like GEM and make easy money. This explanation is based on the agreement with GEM as announced by the co not my own guess work on how the deal works. The agreement is a little more complex but the above is a gist of how it works. Please go read the announcement to verify if you want to understand better. sheerluck      ( Date: 06-Apr-2018 21:44) Posted: GErM cannot be guaranteed min 10% profit unless they do something beforehand. My speculation on how GErM can germinates.... COM inform GErM they needs how much fund.  Say Co say they need $1mil. So GErM will give them $1mil in exchange for shares on agreed date.  Price is based on 10% discount on some VWAP. So what can GErM do?  Just wait for that day to do the deal?  No! No! GErM can start shorting COM shares to depress its price.  Say sell it down from $0.10 to $0.05. Now if GErM didn' t do anything initially, they can get 11.1mil shares priced at $0.09.  And if they start selling price will start going down from $0.10.  Say ended up $0.08.  So assuming average selling price $0.09.  Then GErM earned nothing.  If average price lower, then GErM lugi. Now if GErM started shorting 22.2mil COM share down to say $0.05.  When COM calculate price to issue share, they have to issue at $0.045, then they can get 22.2mil shares to cover. Now assuming the average short sell price of $0.75, then the proceed is $1.667mil.  After paying COM $1 million to cover short, they net a gain of $667k. Now if you are GErM, you short or not? Next question.  Who foot the bills?  This is a MCQ. 1) GErM 2) COM 3) Major shareholders who exit while sweet talking minor shareholders to hold 4) Shareholders who are given false hope
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Stanton Veteran	07-Apr-2018 11:29        Stanton About Contact  Quote this Post!
x 0   x 0  Alert Admin	The announcements on the GEM deal has details of the mechanics of how it is done. But I guess most people did not read in details. According to the agreement it is not what you have presented. To give a simplified illustration, here is how it works: 1. Substantial shareholders loan shares to GEM. 2. When co needs money the issue a Sales Notice to GEM for $XXX. Issue price will be 10% discount with reference to the share price preceding the Sales Notice as determined by the co and not GEM. So it should be around current market price. Lets say 10c, so the issue price will be 9c. 3. There will be a evaluation period eg 2 weeks or more depending on how much the co need to raise. During this period, if price is 10c or higher GEM will keep selling using the loaned shares until they raised the amount of cash requested by the co. There is also some restrictions on how much shares they can sell per day. (But nobody knows if GEM breaks the restrictions). 4. If during this evaluation period, shares price goes below 10c, GEM does not sell. Co can either extend evaluation period, revise the sales price or call off the Sales Notice. 5. Once sales is completed, GEM issues a Closing Notice to the co to confirm the share sale and gives co the money. 6. Co issue new shares based on 10% discount to the Sales Notice price as predetermined by the co. In this example it is 9c 7. The new shares are returned to the share lending pool with GEM. This is what I meant by GEM is guaranteed min 10% profit without any upfront cash. Anyone of us can also act like GEM and make easy money. This explanation is based on the agreement with GEM as announced by the co not my own guess work on how the deal works. The agreement is a little more complex but the above is a gist of how it works. Please go read the announcement to verify if you want to understand better. sheerluck      ( Date: 06-Apr-2018 21:44) Posted: GErM cannot be guaranteed min 10% profit unless they do something beforehand. My speculation on how GErM can germinates.... COM inform GErM they needs how much fund.  Say Co say they need $1mil. So GErM will give them $1mil in exchange for shares on agreed date.  Price is based on 10% discount on some VWAP. So what can GErM do?  Just wait for that day to do the deal?  No! No! GErM can start shorting COM shares to depress its price.  Say sell it down from $0.10 to $0.05. Now if GErM didn' t do anything initially, they can get 11.1mil shares priced at $0.09.  And if they start selling price will start going down from $0.10.  Say ended up $0.08.  So assuming average selling price $0.09.  Then GErM earned nothing.  If average price lower, then GErM lugi. Now if GErM started shorting 22.2mil COM share down to say $0.05.  When COM calculate price to issue share, they have to issue at $0.045, then they can get 22.2mil shares to cover. Now assuming the average short sell price of $0.75, then the proceed is $1.667mil.  After paying COM $1 million to cover short, they net a gain of $667k. Now if you are GErM, you short or not? Next question.  Who foot the bills?  This is a MCQ. 1) GErM 2) COM 3) Major shareholders who exit while sweet talking minor shareholders to hold 4) Shareholders who are given false hope
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sheerluck Supreme	06-Apr-2018 21:44        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	GErM cannot be guaranteed min 10% profit unless they do something beforehand. My speculation on how GErM can germinates.... COM inform GErM they needs how much fund.  Say Co say they need $1mil. So GErM will give them $1mil in exchange for shares on agreed date.  Price is based on 10% discount on some VWAP. So what can GErM do?  Just wait for that day to do the deal?  No! No! GErM can start shorting COM shares to depress its price.  Say sell it down from $0.10 to $0.05. Now if GErM didn' t do anything initially, they can get 11.1mil shares priced at $0.09.  And if they start selling price will start going down from $0.10.  Say ended up $0.08.  So assuming average selling price $0.09.  Then GErM earned nothing.  If average price lower, then GErM lugi. Now if GErM started shorting 22.2mil COM share down to say $0.05.  When COM calculate price to issue share, they have to issue at $0.045, then they can get 22.2mil shares to cover. Now assuming the average short sell price of $0.75, then the proceed is $1.667mil.  After paying COM $1 million to cover short, they net a gain of $667k. Now if you are GErM, you short or not? Next question.  Who foot the bills?  This is a MCQ. 1) GErM 2) COM 3) Major shareholders who exit while sweet talking minor shareholders to hold 4) Shareholders who are given false hope
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Stanton Veteran	06-Apr-2018 20:08        Stanton About Contact  Quote this Post!
x 0   x 0  Alert Admin	GEM is guaranteed min 10% profit. They loan shares from substantial shareholders and sell at a price that guarantees them the margin. Once done, the pay the money less their profits of min 10% to the co. After that the co issue them new shares to be return back to the shareholders. If SGX approve me, I can also be like GEM, zero capital required. Guaranteed profits. SGX should never approve this kind of scheme.
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huathuat88888 Elite	06-Apr-2018 19:41        huathuat88888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ok thanks your detailed explanation. Not sure how GEM fund make their profits. Sell high 1st then share placement at huge discount ? Was that how they do to YUUZOO ? Not concerned of qtv but more concerms on Gem Fund kind of roles and arrangements. Stanton      ( Date: 06-Apr-2018 19:32) Posted: As much as we don?t like GEM, they are a hedge fund and an opportunist that take advantage of listcos that are desperate for cash flow. Just like the high interest money lenders for desperate individuals. CAD raided Yuuzoo because of their virtual franchise revenues and possible infringement of SFA. Those who follow Yuuzoo closely, knows that they reported multi million profits yet with negative cash flows and huge write offs. They have been announcing mega deals and over blown prospects of their ecommerce model that none has crystallized after so many years of operations. No one really knowns if is is real or phantom, only Yuuzoo knows best. They even dare to say regulators don?t understand their business. QTV on the other hand has been reporting losses year after year, burning cash and desperate for money. To tie over the difficult period, they issued convertible bonds and turn to GEM buy diluting shareholders interests. This year they sold their peripheral Choc PTA to Medtronics for US$28 million. With this their cashflow should start to turn around. Recently they announced the co is engaged in negotiations to sell coronary asset and other drug coated products. If and when the deal does go thru, it will be another multi million dollar deaI. I don?t see the correlation between GEM and CAD. Unless QTV blow their trumpet like Yuuzoo and all announced potential deals come to zero, then I definitely agree with you that they will end up like Yuuzoo. huathuat88888      ( Date: 06-Apr-2018 15:54) Posted: Now CAD raided YUUZOO. Not sure what is Gem Fund roles in yuuzoo. If negative, then Gem Fund also linked to QT V ? Avoid QT V now.
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Stanton Veteran	06-Apr-2018 19:32        Stanton About Contact  Quote this Post!
x 0   x 0  Alert Admin	As much as we don?t like GEM, they are a hedge fund and an opportunist that take advantage of listcos that are desperate for cash flow. Just like the high interest money lenders for desperate individuals. CAD raided Yuuzoo because of their virtual franchise revenues and possible infringement of SFA. Those who follow Yuuzoo closely, knows that they reported multi million profits yet with negative cash flows and huge write offs. They have been announcing mega deals and over blown prospects of their ecommerce model that none has crystallized after so many years of operations. No one really knowns if is is real or phantom, only Yuuzoo knows best. They even dare to say regulators don?t understand their business. QTV on the other hand has been reporting losses year after year, burning cash and desperate for money. To tie over the difficult period, they issued convertible bonds and turn to GEM buy diluting shareholders interests. This year they sold their peripheral Choc PTA to Medtronics for US$28 million. With this their cashflow should start to turn around. Recently they announced the co is engaged in negotiations to sell coronary asset and other drug coated products. If and when the deal does go thru, it will be another multi million dollar deaI. I don?t see the correlation between GEM and CAD. Unless QTV blow their trumpet like Yuuzoo and all announced potential deals come to zero, then I definitely agree with you that they will end up like Yuuzoo. huathuat88888      ( Date: 06-Apr-2018 15:54) Posted: Now CAD raided YUUZOO. Not sure what is Gem Fund roles in yuuzoo. If negative, then Gem Fund also linked to QT V ? Avoid QT V now. huathuat88888      ( Date: 01-Apr-2018 17:07) Posted: AVOID QT V if you can. Same GEM FUND who has arrangments with YUUZOO And Same Gem Fund in QT V now How they make $ ? Simple biz model : )
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huathuat88888 Elite	06-Apr-2018 15:54        huathuat88888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now CAD raided YUUZOO. Not sure what is Gem Fund roles in yuuzoo. If negative, then Gem Fund also linked to QT V ? Avoid QT V now. huathuat88888      ( Date: 01-Apr-2018 17:07) Posted: AVOID QT V if you can. Same GEM FUND who has arrangments with YUUZOO And Same Gem Fund in QT V now How they make $ ? Simple biz model : )
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huathuat88888 Elite	01-Apr-2018 17:07        huathuat88888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	AVOID QT V if you can. Same GEM FUND who has arrangments with YUUZOO And Same Gem Fund in QT V now How they make $ ? Simple biz model : )
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sheerluck Supreme	01-Apr-2018 12:32        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Next known event will be Q1 resutls in May.  Should see the proceed from the sale of their asset.
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Berani Elite	23-Mar-2018 11:54        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	so strong? Amazing Ramster      ( Date: 21-Mar-2018 10:56) Posted: Moving now
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Ramster Master	21-Mar-2018 10:56        Ramster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Moving now
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huathuat88888 Elite	20-Mar-2018 21:37        huathuat88888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is the same GEM Fund that did some "arrangement" with yuuzoo and also do "some arrangement" with QT V also ? GEM Fund ....hmmmmm
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tch77_pt75 Veteran	20-Mar-2018 21:05        tch77_pt75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on the current low share price, there should be a high chance of M&A if this company products have the potential. Unfortunately, it is not the case and they will have to close shop or keep selling their asset to keep the business running. They will be dried one day... Just my personal view... Stanton      ( Date: 20-Mar-2018 20:38) Posted: Agree they have a bad track record but I believe this is a turning point. Their assets certainly worth more than their market cap. Currently price is low si risk is also low. If now price high then different story. If sale if coronary product will be much much more than market cap. tch77_pt75      ( Date: 20-Mar-2018 20:30) Posted: Just a reminder of the history and hopefully there isn?t a correlation to the management talk! Just my personal view
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Stanton Veteran	20-Mar-2018 20:38        Stanton About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree they have a bad track record but I believe this is a turning point. Their assets certainly worth more than their market cap. Currently price is low si risk is also low. If now price high then different story. If sale if coronary product will be much much more than market cap. tch77_pt75      ( Date: 20-Mar-2018 20:30) Posted: Just a reminder of the history and hopefully there isn?t a correlation to the management talk! Just my personal view! tch77_pt75      ( Date: 16-Apr-2017 16:58) Posted: Ever since I monitored this stock, my observations are: -- Share price has been trending from about 30 cents to the current level of 3.4 cents -- every drop seems to be linked with the following activities i. Selling of shares by QTV CEO at around 30 cents ii. Selling of shares by QTV CEO at around 7.6 cents iii. Payment of loans via shares iv. Issue of new shares The above seems perfectly normal for a company but with a falling share price and at current share price of 3.4 cents, how much do you think are their patents, potential of M&A, ability to create a new arena when compete with the big boys? No one know but one thing is for sure, their future looks bleak now. Just my personal view...
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tch77_pt75 Veteran	20-Mar-2018 20:30        tch77_pt75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just a reminder of the history and hopefully there isn?t a correlation to the management talk! Just my personal view! tch77_pt75      ( Date: 16-Apr-2017 16:58) Posted: Ever since I monitored this stock, my observations are: -- Share price has been trending from about 30 cents to the current level of 3.4 cents -- every drop seems to be linked with the following activities i. Selling of shares by QTV CEO at around 30 cents ii. Selling of shares by QTV CEO at around 7.6 cents iii. Payment of loans via shares iv. Issue of new shares The above seems perfectly normal for a company but with a falling share price and at current share price of 3.4 cents, how much do you think are their patents, potential of M&A, ability to create a new arena when compete with the big boys? No one know but one thing is for sure, their future looks bleak now. Just my personal view...
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Stanton Veteran	20-Mar-2018 14:55        Stanton About Contact  Quote this Post!
x 0   x 0  Alert Admin	Here is the link: https://www.investor-one.com/editorial/2126-QT-Vascular-on-a-comeback-trail-asset-sold-off-was-not-its-most-valuable
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