ADVFN Logo
Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
QuantGate Systems Inc (QB)

QuantGate Systems Inc (QB) (QGSI)

0.006
-0.0016
(-21.05%)
Closed September 19 4:00PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
0.006
Bid
0.006
Ask
0.0089
Volume
500
0.006 Day's Range 0.006
0.0046 52 Week Range 0.14
Market Cap
Previous Close
0.0076
Open
0.006
Last Trade
500
@
0.006
Last Trade Time
Financial Volume
$ 3
VWAP
0.006
Average Volume (3m)
179,336
Shares Outstanding
282,806,297
Dividend Yield
-
PE Ratio
-2.22
Earnings Per Share (EPS)
-0
Revenue
50k
Net Profit
-1.26M

About QuantGate Systems Inc (QB)

QuantGate researches and develops proprietary financial technology solutions to behavioral biases in the capital markets. QuantGate researches and develops proprietary financial technology solutions to behavioral biases in the capital markets.

Sector
Prepackaged Software
Industry
Prepackaged Software
Headquarters
Henderson, Nevada, USA
Founded
-
QuantGate Systems Inc (QB) is listed in the Prepackaged Software sector of the OTCMarkets with ticker QGSI. The last closing price for QuantGate Systems (QB) was $0.01. Over the last year, QuantGate Systems (QB) shares have traded in a share price range of $ 0.0046 to $ 0.14.

QuantGate Systems (QB) currently has 282,806,297 shares outstanding. The market capitalization of QuantGate Systems (QB) is $2.15 million. QuantGate Systems (QB) has a price to earnings ratio (PE ratio) of -2.22.

QGSI Latest News

(OTCQB:QGSI) The Booming Algorithmic Trading Market is "Pillaging the Pockets of Regular Investors''... But One Company Aims to Even the Score

(OTCQB:QGSI) The Booming Algorithmic Trading Market is "Pillaging the Pockets of Regular Investors'' But One Company Aims to Even the Score"As machines profit from the market, can the average...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0016-21.05263157890.00760.00760.0061950.0076CS
40.001430.43478260870.00460.01080.0046712370.00942762CS
12-0.005-45.45454545450.0110.0180.00461793360.01021516CS
26-0.03276-84.5201238390.038760.040.00461642340.01775406CS
52-0.134-95.71428571430.140.140.0046978930.02835895CS
156-0.184-96.84210526320.190.2590.0046953090.06600126CS
260-0.0767-92.74486094320.08270.332650.0046888950.08891804CS

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
JUVAFJuva Life Inc (CE)
$ 0.002
(199,900.00%)
15.5k
BLSTFBlackstone Minerals Ltd (PK)
$ 0.0271
(27,000.00%)
30k
TLSSTransportation and Logistics Systems Inc (CE)
$ 0.0001
(9,900.00%)
3.1M
GOSYGeckosystems International Corp (CE)
$ 0.0001
(9,900.00%)
1.15M
MMEXMMEX Resources Corporation (PK)
$ 0.0001
(9,900.00%)
745.41k
TEVNFTevano Systems Holdings Inc (CE)
$ 0.000001
(-99.99%)
10k
SNSTSunset Capital Assets Omc (CE)
$ 0.000001
(-99.99%)
85.03k
PNDDFPender Growth Fund Inc (PK)
$ 0.0012
(-99.98%)
100
HLLPFHello Pal International Inc (CE)
$ 0.000001
(-99.90%)
5k
ELOXEloxx Pharmaceuticals Inc (CE)
$ 0.000001
(-99.83%)
297
IMTLImage Protect Inc (PK)
$ 0.0002
(100.00%)
591.38M
TMGIMarquie Group Inc (PK)
$ 0.0001
(0.00%)
244.01M
SINCSincerity Applied Materials Holdings Corporation (PK)
$ 0.001
(42.86%)
214.48M
SIRCSolar Integrated Roofing Corporation (PK)
$ 0.0002
(0.00%)
167.08M
HMBLHUMBL Inc (PK)
$ 0.0001
(-33.33%)
118.85M

QGSI Discussion

View Posts
Involuntary-Recluse Involuntary-Recluse 2 weeks ago
305 million and counting 😂
πŸ‘οΈ0
BurgerKing82 BurgerKing82 3 weeks ago
What is the O/S here?
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 1 month ago
.0046 😂
Company now has 90 days to get over a penny for a 10 day period
Question remains what the ratio for the RS will be...

I say 1:20 imho

Gross incompetence at its finest!!

imho
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 1 month ago
.005 😂

R/S anytime imho
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 2 months ago
New 52 week low 😂, R/S in the next 10-14 days IMHO lol

imho
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 2 months ago
LMAO 😂

Possible delist and most certain R/S

imho
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 2 months ago
Subbies almost here and then a R/S imho 😂


Tread carefully..

imho
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 3 months ago
Then again .00's inevitable 😂
πŸ‘οΈ0
PMtrader45 PMtrader45 3 months ago
What happened to the CEO?
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 3 months ago
The pump part 52 😂
Just don't overstay your welcome folks, as the RS is inevitable here imho
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 4 months ago
.00's inevitable imho
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 6 months ago
Fluff Pr's persist 😂
πŸ‘οΈ0
MarketMavenX MarketMavenX 7 months ago
What is this dogshit 💩
I'd short it if it wasn't already close to 0 lol
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 10 months ago
Ditto 😂
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 10 months ago
The fluff PR's persist 😂
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 11 months ago
Add another 13,333,333 shares to the already bloated share structure on todays news 😂
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 12 months ago
Going absolutely nowhere without a RS, 300 mil/OS is not acceptable anymore, especially with 0 revs and a Disney cast of characters at the helm!!!

The AI theme cannot create miracles
πŸ‘οΈ0
rawsteel rawsteel 1 year ago
High today .259....next resistance .269 then the highest high of .3327......wonder how high they will let it go before squashing it again....GLTA
πŸ‘οΈ0
Involuntary-Recluse Involuntary-Recluse 1 year ago
Wait till they decide to R/S this pos, only a matter of time imho
πŸ‘οΈ0
hondaboost hondaboost 1 year ago
QGSI Scam, O/S: 283 M. Revenue: $0, Deficits; $12 M (huge), cash; $62k,
Good Pump and Dump Scam by the insiders who have been dumping their Worthless shares to the idiots..

https://www.otcmarkets.com/otcapi/company/financial-report/372899/content
👍️ 1
Huntewr7 Huntewr7 1 year ago
Good gains today. Dollar coming
πŸ‘οΈ0
surf1944 surf1944 1 year ago
Outstanding Shares 284,224,219 04/03/2023
Restricted 252,099,519 04/03/2023
Unrestricted 32,124,700 04/03/2023
πŸ‘οΈ0
surf1944 surf1944 1 year ago
https://stockcharts.com/h-sc/ui?s=QGSI&p=D&yr=0&mn=6&dy=0&id=p38090673899

https://www.barchart.com/stocks/quotes/QGSI/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(20);SMA(50);SMA(100);SMA(200);CHKMF(20)&sym=SYSX&grid=1&height=210&studyheight=100

https://www.barchart.com/stocks/quotes/QGSI/opinion
πŸ‘οΈ0
kaylex13 kaylex13 2 years ago
07 200ma
πŸ‘οΈ0
kaylex13 kaylex13 2 years ago
Ai theme not going away like to get some 03s but not sure bid was present all day.
πŸ‘οΈ0
price_and_volume price_and_volume 2 years ago
Quiet board, but quarterly & stock-scans ignited interest...

AI & crypto been running - will it stick?

Can we get 7s next?

Who knows - $CEOS showed similar action earlier this month & got a 2nd push.

We never ever know...

Trade 'em well!
πŸ‘οΈ0
kaylex13 kaylex13 2 years ago
looks ok
πŸ‘οΈ0
Potse Potse 2 years ago
QGSI...position status.....

Regarding the private message I received asking about my current thoughts on QGSI.....

This could end up being a very bad investment decision on my part, but I sold my position in QGSI. I was not comfortable with this proposed merger with CoinAnalyst, and I was growing increasingly uncomfortable about the lack of transparency on a couple of major press releases (corporate developments). Neither QGSI nor CoinAnalyst would respond to emails, so at this point I am just more comfortable moving my money into other opportunities.

Regarding the CoinAnalyst merger:

1) It looks like the burn rate of the combined company will be fairly high.

2) The exact details of how this will be implemented have not been disclosed yet, but it looks like this could turn out to be a bit of a messy or complicated situation. I have zero interest in owning a stock that trades on the Canadian exchange. As far as I am aware TD Ameritrade does not allow trading of foreign stocks, so I don't want to deal with the headaches of trying to get my position moved to a platform that allows me to trade it. Maybe QGSI will set up a "F" equivalent stock for United States shareholders, but I don't know how the mechanics of that would work out.

If anything about this merger were to make it more difficult (and/or more expensive) to trade my shares, I just don't think I would be interested in dealing with it.

Lack of transparency on corporate developments:

I am a generally patient investor and realize that things might not always materialize exactly how the company expects. But I do have some limits on what I find acceptable or not. The company issued two press releases in the last year or so disclosing very major transactions (a $1M investment from a third party -- 8/25/2021, and the CEO acquiring 90M shares -- 7/6/2022). Subsequent quarterly filings from QGSI do not appear to show any evidence these transactions actually occurred. The first press release was a red flag for me, but I was willing to give the company some leeway on it. This second press release was the final straw for me. The lack of transparency on these two items does not sit well with me.

Part of me wonders if instead of the CEO actually acquiring those 90M shares, maybe the sisters who owned those shares are just going to return those shares to treasury and the company will cancel them. If the share numbers and percentages disclosed in the merger press release are accurate, the only way this merger can be completed is if QGSI cancels around 90M shares. Otherwise the percentages (QGSI = 97%, CoinAnalyst = 3%) simply do not work.

No matter what the situation is, QGSI needs to provide better transparency on issues where filings seem to directly contradict information the company has issued in press releases.
πŸ‘οΈ0
rawsteel rawsteel 2 years ago
Amateur traders piling on the bid
πŸ‘οΈ0
Potse Potse 2 years ago
QGSI...Misir's share purchase, MetaTrading Investments......

Picked up some more shares of QGSI at 9 cents and below for a possible short-term trade. I think these last two press releases would seem to bode well for some tradeable opportunities. That looks like a pretty nice personal/financial commitment that Govin Misir has made here: purchase of 90M shares at 20 cents, and apparently a more visible/tangible relationship with his own software company.

I'm not sure if these last two press releases are an indication they are proceeding with development of the MetaTrading Investments subsidiary they formed earlier this year, or if there are other things currently under development. But I would certainly think these PRs are a good sign we will probably be seeing some potentially interesting corporate developments.

The 25-page investment deck for the MetaTrading subsidiary.......

https://www.canva.com/design/DAE5pYK33w4/zVEIzAbeHBwopfuPosKlXA/view/
πŸ‘οΈ0
rawsteel rawsteel 2 years ago
Reason to be buying...GLTA
https://www.newsfilecorp.com/release/130089/QuantGate-CEO-Acquires-90-Million-Shares-At-USD-0.20-Per-Share-From-Founders?src=stocktwits
πŸ‘οΈ0
PMtrader45 PMtrader45 2 years ago
??????????????
πŸ‘οΈ0
shnitz shnitz 2 years ago
Well...well...well...looks like there's some percolation going on with this stock over the past week. Finally broke the 10cent mark...let's see if there's finally momentum with this.
πŸ‘οΈ0
shnitz shnitz 2 years ago
Can't believe this pig is still under $1 nevermind 10 cents...oh well...was checking in to see if there's still anything going on here on the board...the only decent thing is that the stock looks like it's percolating a little over the past month but we've been here before...oh well
πŸ‘οΈ0
rawsteel rawsteel 3 years ago
QuantGate Systems Enters into Joint Venture with Darkhorse Technologies


https://www.newsfilecorp.com/release/114511/QuantGate-Systems-Enters-into-Joint-Venture-with-Darkhorse-Technologies?src=stocktwits
πŸ‘οΈ0
KeepOn KeepOn 3 years ago
Cheap? Interesting stock.
πŸ‘οΈ0
PMtrader45 PMtrader45 3 years ago
Pilot Trading Expands Its Suite of Broker Integrations by going Live with TradeStation
December 06 2019
Pilot Trading, the machine learning market trading application from QuantGate Systems Inc, in collaboration with TradeStation Securities, Inc. ("TradeStation Securities"), has officially launched its API-powered integration that is now available to TradeStation Securities customers.

December of 2019.......
πŸ‘οΈ0
PMtrader45 PMtrader45 3 years ago
Laughable because if you go through their previous press releases they said months ago they integrated with tradestation......this should get the share price to 5 cents
πŸ‘οΈ0
02opida 02opida 3 years ago
oronto, Ontario and New York, New York--(Newsfile Corp. - February 8, 2022) - QuantGate Systems Inc. (OTCQB: QGSI) (the "QuantGate" or "Company"), an Artificial Intelligence ("AI"), Machine Learning ("ML") SaaS-based Fintech solutions provider extends Pilot to all TradeStation users. Pilot now supports and integrates with two of the top eleven brokerage trading platforms: (i) Interactive Brokers and (ii) TradeStation.
πŸ‘οΈ0
PMtrader45 PMtrader45 3 years ago
No new press releases?
πŸ‘οΈ0
Potse Potse 3 years ago
Reply to private message regarding position status.....

I did not get a chance to read through the Q1 report until Friday afternoon, and sent the company an email late Friday afternoon expressing my concern that the report provides no information about the $1 million financing that was completed during the quarter. I was planning to purchase one final block for trading purposes after the price broke under the 13-cent level, but decided to wait until the company provides an explanation/clarification on this matter. I still have not received any response from the company at the time I am writing this.

Regarding the private message I received inquiring about my position status: I have not sold any of my position yet since I made the above post. I did not receive any response to my email. So, I really don't know if that financing was actually completed or abandoned.

The only thing I have seen/heard regarding financing and QGSI recently is the audio interview that new ceo Govin Misir did around the middle of December. According to Govin QGSI's capital raises have been done "internally", which suggests to me that the $1M was not completed because the press release clearly stated that the $1M financing was from an arms-length strategic investor......

"We've raised capital internally. It's funded by us. We have not entered the market very much for any capital."

https://wallstreetanalyzer.com/2021/12/16/quantgate-systems-inc-otcqb-qgsi/

The next quarterly report should be out in around 2 weeks or so. If there is no information/explanation in that report regarding that financing, my mood toward this investment probably will not be very good. Again, maybe I am jumping the gun here and there is some perfectly acceptable/logical explanation. But if that particular financing was never completed, I think the company had an obligation to let its investors know.

I am definitely planning to sell a significant percentage of my position during calendar 2022. But the idea of selling at current prices is not something I find particularly appealing. My guess is there will be far better opportunities to sell at some point this year.

Govin Misir has a very successful background, so I would like to give him an opportunity to show what he can do now that he is officially in management control of the company. He mentioned in the interview that he has been bringing in new operational people to the company (design, development, marketing). It sounds like he is also bringing in additional advisors and board members. At the time of the interview QGSI was priced around 8 cents. Govin described QGSI as being "underpriced".
πŸ‘οΈ0
PMtrader45 PMtrader45 3 years ago
What happened to the crypto app they were building with Alt5, or the app for 8topuz?

Look at all the press releases and tell him if any of them have ever been conceived.

Just another press release to get the stock higher.

I wonder if interactive brokers even knows about this.
πŸ‘οΈ0
shnitz shnitz 3 years ago
https://www.newsfilecorp.com/release/107562/QuantGate-Systems-Inc.-Rolls-Out-Pilot-Pro-to-Interactive-Brokers-Expanding-Its-Reach-to-1.6-Million-Active-Users-in-More-than-200-Countries

πŸ‘οΈ0
etime0510 etime0510 3 years ago
Yeah - not sure how anyone can take this company seriously. They have shown no ability to generate revenue, do product announcements but do no marketing to promote them after, are absent from twitter, don't respond to messages mostly. I'm just watching from afar given how heavily I used to be invested but sad they never lived up to hype. All in my opinion.
πŸ‘οΈ0
shnitz shnitz 3 years ago
Like I said...one month later...this company and it's stock price is garbage. I was hoping I was wrong...I would love it if I was wrong. Apparently one of the director's picture is gone. I had higher hopes but nothing but sellers and nosedive on the stock price. Wonder if anyone reached out to them to find out what's going on? No news for past 2 months.
πŸ‘οΈ0
shnitz shnitz 3 years ago
As I said...this has become a shitty stock and company. Can't keep any momentum going.
πŸ‘οΈ0
1hot toddy 1hot toddy 3 years ago
on their website, they dont even have prices. i had to email them for prices. just did today. they r trying to get clients
πŸ‘οΈ0
etime0510 etime0510 3 years ago
I also am just baffled how they continue to have 0 revenue. I gave them a pass a year ago but to still be in the same place makes me pretty convinced they can’t survive as a business. I’ve been saying this for a while but selling their technology in a buyout seems like their best play. They have a weird org structure, orange flag financials and have not proven they can make generate more revenue in year that most people make in a week or less.
πŸ‘οΈ0
Potse Potse 3 years ago
My concern with the quarterly report......

Accumulated a few shares around the 16-17 cent area for another possible short-term trade back over the 20-cent level. The OTC market has somewhat cooled off recently, but I am anticipating we have not seen the last of some moves/spikes in the QGSI share price in the near-to-mid term. Quarterly report should be appearing sometime within the next week or so, and I wanted a few extra shares just in case anything interesting shows up in that report or if any important corporate development materializes shortly after.

I did not get a chance to read through the Q1 report until Friday afternoon, and sent the company an email late Friday afternoon expressing my concern that the report provides no information about the $1 million financing that was completed during the quarter. I was planning to purchase one final block for trading purposes after the price broke under the 13-cent level, but decided to wait until the company provides an explanation/clarification on this matter. I still have not received any response from the company at the time I am writing this.

Here are the key things that concern me......

1) The August 25 press release seems to definitively state that the financing was completed during the quarter (money was received and shares were issued). However, there is no information in the Q1 financials that indicate this occurred.......

QuantGate is also delighted to announce the completion of a non-brokered Private Placement financing (the "Financing") in the amount of USD $1 Million. Pursuant to the offering, the Company received Gross proceeds of USD $1 Million, via a Secondary Offering (the "Offering") by the issuance of 5 million shares at USD $.20 per share. The entire financing was subscribed by an arms-length, Strategic Investor.

2) I have considered the possibility that maybe I am just misinterpreting that paragraph, or maybe there is something in the terms/conditions of the financing that pushes actual delivery of money/shares to a date past the end of that quarter. However, at a minimum I would certainly think the "subsequent events" section of the quarterly report would mention this financing. It does not. It seems almost inconceivable to me that neither the financials nor the subsequent events section contained any kind of information about the $1 million financing.

3) During the quarter the shares outstanding only increased by a little over 100K (one of the note holders converted his loan at 25 cents). If the most recent verified share count (October 15) from the transfer agent is accurate, the shares outstanding has only increased by 1.12M since the end of the quarter. It is possible some or all of that increase could be from note holders converting at 25 cents. I would think by now (almost 2 months since the completion of the financing) the 5 million shares from that financing should have showed up in the most recent verified share counts on QGSI's OTC Markets profile.

There could be a simple/logical explanation for all of above, but until the company provides some confirmation/clarification on the status of that financing I probably will not entertain the thought of purchasing any more shares and may have to seriously rethink my commitment to this investment.
πŸ‘οΈ0
shnitz shnitz 3 years ago
Wow. This stock is such shit. Low volume and all selling!
πŸ‘οΈ0

Your Recent History

Delayed Upgrade Clock