Member Info for BarkingCrazy

If you were to tell a friend about QFI and what has occurred over the past 19 years then they would tell you its some sort of scam. Your friend would question your sanity investing in a company for so long that has achieved no revenues but keep asking for more money. A company that pays its directors a salary that should only be paid to companies offering healthy profits and dividends.
So many false hopes, MOU's that mean didley squat. KSA, Mearsk, Japan, South America, Morocco, Utah, MSC, when will we ever stop testing and actually get a contract to sell these wonder fuels.
I've been here so long now I have to see it through whether its success or just failure, but I have to say when I look in the mirror I can't help thinking to myself What a MUG you've been well and truly scammed.

1/ probably
2/ unlikely

Better be first half of next month not next year.

So who and why as asked for this mornings posts (Thread Re SP) to be removed.

Paying a divi would be a mistake IMO. Whenever a share goes ex div the SP nearly always drops by the amount that is being paid out so you may get some cash but your portfolio has devalued by that amount.
Share buybacks don't always do the SP a favour, look at UJO they have one ongoing and the SP has gone nowhere. Reabold cash position isn't that strong and WN is going to cost a few bob, I would much prefer them to spend it wisely on gaining the big prize rather than try and pacify folk with a divi sweetener.
Last thing we want is for them to need to raise cash later because of a divi payment now.

I'm not defending or attacking anyone here but I do think QFI have let us down on numerous occasions with expectation of either trials or test results which seem to be delayed time and time again. HF is simply pointing out the fact we were told some news on progress should be with us before months end if the last information given by QFI is to believed.
I like him, think this won't happen and it frustrates me no end that every time I cling onto the fact that surely we must be close.
This is not the actions of someone trying to trade the stock it's just highlighting the companies continual missed timelines. Meanwhile the SP slides as folk get frustrated.

I'm wondering if he was the recent seller of stock which seems to have stopped now.

Blimey as soon as I post 2 more trades appear

Well with nearly 4 hours of trading this morning only just over £1000 worth of stock in QFI has been either bought or sold. Can't help but think expectations of anything happening this month are pretty low.

I thought Santa used a Sleigh

Need to get rid of this seller first. They are obviously releasing stock in a controlled manner with several trades close together at each batch. Biggest worry is it being an institution with many millions to offload.

So annoyingly we seem to have a seller again, deep joy. Offloaded a batch yesterday and again today. 1,000,000 trades as well as 750,000, 500,000 , and 250,000.
I thought we had passed that months ago but I guess the underwhelming delay message from the AGM has pushed them to move on. Lets just hope they don't have many millions to get rid of.

Blimey last 10 mins has seen a spike in sales.

I don't know about £1 a share. At the moment it's teetering on going back into the 1's.

Tick Boxes, LoL.
Having worked on import, export before I can tell you there is amble provision to give detailed description of goods.
You don't just tick a box !!

Come on Fyoz.
Its a fuel type not a secret weapon. if you're having problems clearing customs then you get a local import agent on the case. You pay your duties and any other brown envelope required.
You can't have delays like this that wipe hundreds of thousands of pounds of the companies market cap and yet again frustrate shareholders.

So those posters this morning that were adamant that the Morocco trial had started should apologise for the rather harsh responses they gave to anyone that questioned that .

Doing wonders for the share price.

This statement, although positive in content, is a bit dejavu. Defo got the QFI kick the can down the road slant to it. I can't see the SP doing much on the back of this in fact it may even go red as folk that bought in expecting a more dynamic statement may not hang around.
AGM is going to need for clarity then hopefully a more positive reaction.

It would have been a lot clearer if they had stated the trials are in progress and due to be completed next month. As I
understand it the trial is fairly short in time frame so could start Dec 1st and be completed by end of December, so there is doubt. I guess the question can be asked at the AGM