| Latest Forum Topics / QT Vascular |
|
|
QT Vascular Going BIG
|
|||||
|
sheerluck
Supreme |
02-Jul-2015 23:44
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
QTV' s NTA is USD24.7mil of which USD10mil is intangible assets so NTA is only USD14.7mil.   The courts rules pretty heavily against QTV with the USD20mil damage.   It is almost like handing QTV a death sentence! QTV best year only see USD13.1mil in revenue and they are not even making profit or generating cash.   QTV finance cannot withstand this loses.   I think QTV needs to put some of its catheter into its cash flow for cash to flow liao....... Admin expenses for this year will probably " balloon" up as well..... Anyway, if QTV is prudent, they should raise that USD20mil asap.   Don' t last minute ganna being rule against than lanlan have to accept any terms and condidtion of those who can throw them the money.   |
||||
| Useful To Me Not Useful To Me | |||||
|
Sunstar
Senior |
02-Jul-2015 23:23
|
||||
|
x 0
x 0 Alert Admin |
Announcement says trial court denied injunction. Also mentioned Qt will appeal against trial court's decision. If Qt wins the appeal, the higher courts may overrule the damages. Qt doesn't need to pay damages now, they have time to fight the case back in the higher courts..
"More pleasingly, as part of its findings of facts and conclusions of law, the trial court has denied AngioScore?s application for an injunction to enjoin the sale of Chocolate® by the Group. Accordingly, defendants can continue to sell Chocolate® without any interruption from AngioScore."
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
sheerluck
Supreme |
02-Jul-2015 23:10
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
The 29 April announcement said " Patent Claim and the State Law Claims" .   Wouldn' t QTV lose it if they lose the case?
|
||||
| Useful To Me Not Useful To Me | |||||
|
sharenewbie0301
Veteran |
02-Jul-2015 22:07
|
||||
|
x 0
x 0 Alert Admin |
Where does it state that if lose appeal then lose chocolate patent also?
|
||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
02-Jul-2015 20:55
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
there' s a good qn. shareholder should email qtv mgmt. also if they lose the appeal, it will be a double whammy.   Lose usd20mil and patent for chocolate.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
HVRRVH
Elite |
02-Jul-2015 20:46
|
||||
|
x 0
x 0 Alert Admin |
I cut loss long time ago. I could have held on to it as I think medical sector is the sector to be in now, however, really pissed when I see the company selling shares to insiders at 0.000xxx something. Now want to raise 12m but lose law suit 20m, how? | ||||
| Useful To Me Not Useful To Me | |||||
|
edwinjup
Supreme |
02-Jul-2015 20:34
|
||||
|
x 0
x 0 Alert Admin |
That why should halt....result should be known to mgt b4 trading start..unless angmo court.like to work after 9pm...eastern time..
|
||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
02-Jul-2015 20:30
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
Now this can be really bad for QTV as it might also affect the USD12mill funding raising exercise. ********************************************************************************************************************** 3.2. Conditions Precedent The obligation of the Purchasers to subscribe and pay for the Bonds is subject to the following conditions precedent: (a) at the Closing Date (i) all the representations and warranties of the Company set forth in the Agreement shall be accurate and correct and not misleading in all respects at, and as if made on, the Closing Date (ii) the Company shall have performed all of its undertakings or obligations under the Agreement required to be performed by it on or before the Closing Date (b) the results of the due diligence exercise being to the satisfaction of the Purchasers (at their sole discretion) (c) the Purchasers being reasonably satisfied that, on the Closing Date, there is no material adverse change occurring in the prospects, results of operations or financial conditions of the Company, or the Group taken as a whole and (d) the approval of the Singapore Exchange Securities Trading Limited (" SGX-ST" ) for the listing and quotation of the Conversion Shares (as defined below) on the SGX-ST and all other consents, approvals and authorizations having been obtained by the Company and the same continuing to be in full force and effect. ********************************************************************************************************************** The investor may pull out or demand an even more protective clause and hence more damages to existing shareholders.   As usual no impact to the coy so long as they can get the $$$ to keep operation going.   New investors must be saying heng ah.   |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
RoundRound
Elite |
02-Jul-2015 20:30
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
Bro Edwin, USA date 01 July was this morning in SG, you didn't factor in the time zone difference and they also needed time to file up this in SGXnet
|
||||
| Useful To Me Not Useful To Me | |||||
|
edwinjup
Supreme |
02-Jul-2015 20:21
|
||||
|
x 0
x 0 Alert Admin |
Why never halt trading today...trial result out 1 july...
|
||||
| Useful To Me Not Useful To Me | |||||
|
RoundRound
Elite |
02-Jul-2015 20:02
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
Like it or not, tomorrow there will be a gap down before some stability set it.
Sold off most recently but still holding a smaller portion. May even add some if price drop to an attractive level again. Good Luck all vested... |
||||
| Useful To Me Not Useful To Me | |||||
|
tomhanks
Master |
02-Jul-2015 19:58
|
||||
|
x 0
x 0 Alert Admin |
Subsequent to the close of the trial phase for the State Law Claims, the trial court in California has on 1 July 2015 issued its findings of facts and conclusions of law, and awarded damage of US$20.034 million against Dr. Konstantino, TriReme Medical LLC, Quattro Vascular Pte. Ltd., and QT Vascular Ltd. (collectively " Defendants" ). The Defendants are obviously disappointed with the trial court' s decision. The Defendants fully intend to file an appeal, to challenge and overturn the trial court' sdecision, once judgment has been entered by the trial court. The judgment is expected to beentered in the later part of this year. Since there is no specific date mentioned, Is there going to be a big pump and dump or just dump from here on?   |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
anthony22793
Member |
02-Jul-2015 19:53
|
||||
|
x 0
x 0 Alert Admin |
similanjiao you wanna say lose court case then show the link can? 
|
||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
02-Jul-2015 19:38
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
This is indeed a bad news for QTV.   Does the CEO need to bear some of it since it is against him as well?   Well if he starts selling his shares......
|
||||
| Useful To Me Not Useful To Me | |||||
|
edwinjup
Supreme |
02-Jul-2015 19:23
|
||||
|
x 0
x 0 Alert Admin |
Lost court case.....kanna fines usd $20m.... | ||||
| Useful To Me Not Useful To Me | |||||
|
notsostupid
Veteran |
02-Jul-2015 12:01
|
||||
|
x 0
x 0 Alert Admin |
Ban shortselling and share prices will fly!
|
||||
| Useful To Me Not Useful To Me | |||||
|
yoyoyoyo
Veteran |
02-Jul-2015 11:46
|
||||
|
x 0
x 0 Alert Admin |
everywhere also can smell... can eat or not is one thing... when they put into your mouth? 1 yr? 2yr? 3yr? I am not talking down, as i mentioned, i longed @ $0.205... just finding healthy and useful discussions 
|
||||
| Useful To Me Not Useful To Me | |||||
|
notsostupid
Veteran |
02-Jul-2015 11:28
|
||||
|
x 0
x 0 Alert Admin |
Where is your vision my friend? Don't you know the domino effect? Put on your thinking cap. Why would the investors want to come in now? I guess there must be something good they smell coming. If not why they bother? I can smell chocolate.
|
||||
| Useful To Me Not Useful To Me | |||||
|
yoyoyoyo
Veteran |
02-Jul-2015 11:11
|
||||
|
x 0
x 0 Alert Admin |
2 years maturity then $0.192.... now $0.184.... not much difference, why baby 2 years? I rather take profit or minimum loss... then move on other counters... unfortunately... i bought at $0.205... must baby long time liao... LOL
|
||||
| Useful To Me Not Useful To Me | |||||
|
notsostupid
Veteran |
02-Jul-2015 10:57
|
||||
|
x 0
x 0 Alert Admin |
It's foolish to sell with good news. Those sold yesterday regret leh
|
||||
| Useful To Me Not Useful To Me | |||||

