deet49
2 years ago
$2 Buyout courtesy of BIP Brookfield Infrastructure Partners L.P.
NYSE: BIP
Metergy Solutions Inc. is a portfolio company of Brookfield Infrastructure. Brookfield is one of the world’s largest investors, owners and operators of infrastructure assets across the utilities, transport, energy, data and sustainable resources sectors. This sponsorship provides Metergy with access to large-scale capital, infrastructure investment expertise and global reach.
QDLC PR https://www.otcmarkets.com/otcapi/company/dns/news/document/58370/content
https://www.metergysolutions.com/about-metergy
https://bip.brookfield.com/
https://www.dnb.com/business-directory/company-profiles.metergy_solutions_inc.d30b7085ba1f423dc2be8b8d022419d2.html
Expert Market full of buried treasure ...
Congrats
Jim Sirius
6 years ago
Sayre,
I understand why you would feel offended but if you saw things from an "outside" shareholders perspective, you would be slow to judgement.
You were Quadlogic's CEO from 1982 to early 2017.
That is 35 years as the head of this company.
That to me and any other true outsiders, is a wealth of knowledge about the company and the industry that none of us have.
Therefore, as much as you label yourself an outsider, you ran this company for a majority of it's life.
You called this blog a useless tool, yet you could provide the most insight since you are the brains of the company.
Insight is all I am asking for.
It is rare to have a former CEO on any message board so I am just trying to understand as much about Quadlogic as I can.
There is no way everything has changed since your departure. That would be too costly to implement for a company that is the size of Quadlogic.
So pardon me, if my skepticism offends you.
Jim Sirius
6 years ago
I think you should revisit this at the upcoming shareholders meeting.
I am currently in San Francisco, but if possible, I will try to attend it.
It is time to get clear and concise answers from this company as to why they are operating like the crooks from the Den of Thieves.
You type in QDLC in Google and you get no chart.
Lifeless.
No movement.
Just how the company likes to operate.
Currently the OTC market has 537,117,388 traded. QDLC has 0 shares moving.
Management can tell you all they want, that they are trying to increase shareholder value.
How? By remaining silent and keeping the stock illiquid?
Demand an explanation as to what the company and the board is doing to create shareholder value. Clearly it has not been working at all.
Food for thought.
Jim Sirius
6 years ago
my....my....my...
Scools what you present sounds like a purely dysfunctional company. This explains why they would want to continue running a "blackops" operation.
Why even change the former manager if they were profitable. Too many questions.
The more questions I ask, the more I realize this is shady business.
From what I gather, you raised some legitimate concerns and nothing was done about it.
Company with high turnover, means the need to higher new people and train them.
I'm curious, was this John b a tremendous asset to the company?
From what I gather, am I wrong to assume that his department had alot of turnover?
For a tiny company, how can Quadlogic afford such turnover?
Jim Sirius
6 years ago
Wow.......I must say I am speechless.
Seems like you were really in the company and have had dealings with Sayre and this John B guy.
From what I gather, this John B guy didn't have much experience in the industry since you were explaining things to him.
When you say bled talent, did you feel like your talents weren't properly used? Also, when you say "toxic", how was the turnover rate in your department while you were there?
The head of billing didn't know what HVAC was? Is this some sort of joke? I hope he wasn't on calls with any clients.
Now I am curious about this link you say Sayre and this John B guy has.
From the financials, the billing revenue looks ok. So maybe he is doing a decent job?
I don't know......
you seem to have alot of insight...
.........highly disturbing stuff.
I appreciate your honesty about the company.
sayre43
6 years ago
They posted a $7,000 profit compared to $287,000. But they transferred $1,000,000 of royalties from FY 2017 to FY 2018. These were the 5 months of revenues from shipments made by Mexico in FY 2017 (CY 2016) and paid in March through July of 2017, which is FY 2018 at $200,000 per month. Changing the accounting to a cash basis based upon the fact that Mexico stopped paying unexpectedly after July 2017 moves $1 million into the FY 2018. The $1 million belongs in 2017 and if it's in 2018 it should not be considered anything but a one time item. The profit from continuing operations should be considered a $1 million loss in FY 2018
Jim Sirius
6 years ago
This is OTC market, little 2 - 3 people operations get more attention. My thing is this, good numbers on a few eyes never reach the entire market.
I heard back from Michael, apparently a press release was given out yesterday. Do you have it?
This company really needs alot more than numbers. At this point in time, there is alot of wishing upon a star for a miracle.
I do not doubt that the company can produce profit but I doubt this company's ability to be a good stock for shareholders.
It has yet to be proven.
Even the spikes in the past....have had little to no volume for an OTC stock.
That's saying something, since this is little to no regulation field.
This isn't Nasdaq, NYSE, or AMEX lol
tsoprano-1
6 years ago
Thus the reason they are getting numbers up to date. Without current numbers, what can they promote? I guess if one thinks that recent business has been good, now would be the time to accumulate. Once numbers are out, everyone will be on a level playing ground. Also, should the money from Mexico ever make its way up here, it is a $1+ stock.
T
Jim Sirius
6 years ago
What good are earnings if no one seems them?
According to Yahoo Finance
The average volume of QDLC is 5,142
Today's volume is currently 3,190
At a current price of .24, a measly $765.60 - $1,234.08 are being exchanged.
Quite simply, this is not a stock someone can load up on, in hopes of future gains.
That's why I had suggested a promoter. The overall otc market/pinksheets doesn't even know this exist.
This is borderline criminal.