| Latest Forum Topics / QT Vascular |
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QT Vascular Going BIG
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Summerday
Member |
04-Jul-2015 00:10
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Hmm, with such news, how to sell if nobody buy?
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gravity8888
Supreme |
04-Jul-2015 00:02
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Wow .. the Ceo request for trading halt even before mkt start .. | ||||
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FairView
Member |
03-Jul-2015 23:54
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QTV is part of defendants (there are 4) so shouldn' t   it amount   to about US$5million or   amount well under US$20mil?  
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KepoChicken
Master |
03-Jul-2015 23:46
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sell la
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Summerday
Member |
03-Jul-2015 23:13
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Sorry I missed the story... what now? Release or accumulate? I have 10lots at 0.199. I tot they will fly....
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HuathuatLeo
Elite |
03-Jul-2015 23:13
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monday come sure toh. Run first.   http://www.nasdaq.com/press-release/fede...0702-00240 Federal Court in California Awards AngioScore $20 Million Plus Disgorgement in Breach of Fiduciary Duty Case Read more:  http://www.nasdaq.com/press-release/fede...z3eq4l0tu9 COLORADO SPRINGS, Colo., July 2, 2015 (GLOBE NEWSWIRE) -- The Spectranetics Corporation (Nasdaq:SPNC) today announced that the U.S. District Court for the Northern District of California has ruled in favor of its wholly-owned subsidiary, AngioScore Inc., in a lawsuit filed by AngioScore seeking damages for breach of fiduciary duty against Eitan Konstantino, a former board member of AngioScore and founder of TriReme Medical, LLC, Quattro Vascular Pte Ltd. and QT Vascular Ltd. (SGX:5I0). The Court found that Konstantino breached his fiduciary duties to AngioScore, that TriReme and Quattro aided and abetted that breach, and that QT Vascular is liable for the acts of TriReme and Quattro. The Court awarded AngioScore $20.034 million against all defendants plus disgorgement from Konstantino of all benefits he accrued from his breach of fiduciary duties, including amounts he received for assigning his intellectual property rights to the Chocolate balloon, a royalty on past and future sales of the Chocolate balloon, and all of his shares and options in QT Vascular. Under the indemnification agreement between AngioScore and Konstantino, AngioScore will seek to recover attorney fees and costs previously advanced to Konstantino. In its ruling, the Court found that Konstantino, a former co-founder, officer and member of the board of directors of AngioScore, breached his fiduciary duties to AngioScore by developing the Chocolate balloon catheter while serving on the AngioScore board and failing to present that corporate opportunity to AngioScore. Konstantino subsequently launched the product through TriReme, Quattro and QT Vascular. Spectranetics acquired AngioScore in June 2014. About Spectranetics SPNC develops, manufactures, markets and distributes medical devices used in minimally invasive procedures within the cardiovascular system. The Company' s products are sold in over 65 countries and are used to treat arterial blockages in the heart and legs and in the removal of pacemaker and defibrillator leads. The Company' s Vascular Intervention (VI) products include a range of laser catheters for ablation of blockages in arteries above and below the knee, the AngioSculpt  scoring balloon used in both peripheral and coronary procedures and Stellarex  drug-coated balloon peripheral angioplasty platform, which received European CE mark approval in December 2014. The Company also markets support catheters to facilitate crossing of peripheral and coronary arterial blockages, and retrograde access and guidewire retrieval devices used in the treatment of peripheral arterial blockages, including chronic total occlusions. The Company markets aspiration and cardiac laser catheters to treat blockages in the heart. The Lead Management (LM) product line includes excimer laser sheaths, dilator sheaths, mechanical sheaths and accessories for the removal of pacemaker and defibrillator cardiac leads. For more information, visit  http://www.spectranetics.com. |
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RoundRound
Elite |
03-Jul-2015 20:56
Yells: "Tikam Tikam can also" |
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For any trading Halt, a firm have up to 3 full trading days before the Halt have to be lifted, excluding the day of announcement.
So for QTv, a Friday morning Halt can last till latest next week Thursday morning to lift Halt & commence trading. In a worse case scenario, a Halt can be extended indefinitely by way of Suspension. But looking at this situation, they are appealing the judgment, so we are likely to see trading early next week after management announce their clarification statement. Expect to see sharp plunge upon opening, as there will be mass exit & selling from contra traders, shareholders and short-sellers joining the crowd. It will then pare it its losses to recover just a bit before continuing its downward spiral if nothing great come out from the clarification from the management. |
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sheerluck
Supreme |
03-Jul-2015 20:38
Yells: "Work for your money first then let your money work for you" |
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A bit long for a clarification announcement to come out.   Maybe they are scambling to release some other news together to stabilise the market.   Damage control.   Damage control. |
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halleluyah
Supreme |
03-Jul-2015 18:53
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Hallelujah !! tis bugger best play fifo only...
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saisai
Veteran |
03-Jul-2015 17:23
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without actual trading going, it simply means the price that buyer and sellers are willing to deal at currently. just like the 30mins before market opens every day. people starts to put in their buy queues and sell queues at whatever price they think is good. gap ups and gap downs happen in these situations.  but these pre-market opening set up can also be used to put fake impressions about the price direction it is going to when market opens. large buy/sell queues can be suddenly removed at the last moment before trading starts, causing unaware traders to buy or sell at a price that is not advantegous.  for example, i tot sincap today will gap up when i see buy queues and sell queues at 0.063 (away from previous close of 0.060), then the buy queue is suddenly removed a few minutes before market opens. but judging from the negative news of the lawsuit, most likely QT is going to gap down when it starts trading again. things are looking bad for those who bought yesterday at 0.180+..
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rayoflight
Veteran |
03-Jul-2015 17:16
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got alot of bluechip stocks out there trading at good bargains but u all want to invest/trade with something which doesn' t have good financials and a lawsuit liability.. buy with care..dont waste good $$ on bad chips. how QT gonna get USD20mil to pay? possible to do a rights issue? The recent placement, someone already mentioned that the buyer is protected since it is a convertible bond. They can don' t convert to shares and also get 8% p.a |
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sheerluck
Supreme |
03-Jul-2015 17:05
Yells: "Work for your money first then let your money work for you" |
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Most likely unaware buyer now becomes aware seller.
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ronleech
Elite |
03-Jul-2015 17:04
Yells: "Believe in yourself. Ride with the waves......" |
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meaning ppl pressed the price and willing to trade at this price...... but without lifting the halt also cant trade. |
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ONONONON
Senior |
03-Jul-2015 17:03
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QT 0.167  is it refering to got buyer and seller at this price now??? how about the previous 0.169 Q for buy and sell? |
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sheerluck
Supreme |
03-Jul-2015 16:00
Yells: "Work for your money first then let your money work for you" |
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Looks like QTV is going to give shareholders a weekend of pondering. | ||||
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jim1978
Member |
03-Jul-2015 15:45
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frankly speaking, jj sxxx cxxx la...make so many ppls lose money de la....believe yourself, unless u are super rich, can hold the stocks..other wise better dont follow, i listen many times until trouser drop.....all got tipers can give u so many counter at one time....bro it time to wake up...when share go up...he posted so many...aft drop....he mia.....see the post know the ans,,,,no need to ask ppls |
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Jimmykohkk
Master |
03-Jul-2015 15:13
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he wun answer u one.. those he got wrong, he keep quiet one.. He only " shout" or self praise  for those correct ones and u notice the correct ones are getting lesser and lesser nowadays becos now is a bearish market. I hope u dun listen to his calls, all his calls are tikam and gambling only. He really spoil the reputation of this forum.  
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sheerluck
Supreme |
03-Jul-2015 15:12
Yells: "Work for your money first then let your money work for you" |
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Already felt that this QTV listing was out to get money and transfer risk to the public. The coy got the money to do r&d, pay directors and CEO fees. The preipo people cash out on the raise. All they left now is a coy with financial liabilities for retailers.
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HVRRVH
Elite |
03-Jul-2015 14:56
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And he said the law suit already made known in IPO prospectus. I guess investors all believe the plaintiff has no case but now proved otherwise.
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jim1978
Member |
03-Jul-2015 14:54
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even is safe, at the moment many ppls die on his hand already....bad news  la....no link already |
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