The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It's like the Prince Andrew interview with bbc.. Sometimes it's probably better to keep quiet...
Another proactive interview which says absolutely nothing, essentially.
Exploring "oppoprtunites" in South America, Mexico and Europe...
Morocco is now QFI's main, "Flagship" project - the only active project for a trial - although it's potential is "small scale" ?
There is no misquoting.. or incorrect facts there..
Well that's why we're in the 2p region...
@AcesandEights Don't worry buddy it's obvious to all posters on here you ARE a shareholder but what happens when you criticise the shockingly inept QFI management who have delivered 0 value to long term shareholders is very low IQ posters accusing you of not being a shareholder or a shorter.
The fact of the matter is this company has done nothing over the last decade, the shareprice is almost down to 2p and there are shareholders who have ALREADY invested on the back of false promises such as MK almost as close to guaranteeing KSA signing by end 0f 2017 and then watching the SP tank even further.
It's all well and good saying just sit back and wait - but there are some shareholders on here in their 60's and 70's who can't wait forever and furthermore @Indigo22 when you say "if you are along termer with high book cost buy more at a lower rate to reduce your average book cost" What a ridiculous and irresponsible thing to say, shareholders are not morons pumping more and more into this company as SP dives further down, many, including myself have a limit and refuse to throw another dime at this company until they show some CLEAR progression. This is an EXTREMELY high risk company to invest in and anyone who does so should ensure they are are ONLY investing risk capital
@GButts I would 100% support you there selling on a commission only basis - at this stage what do we have to lose?
It's funny when I suggested the company needs to increase it's sales people at the beginning of 2019 I was laughed at by members on here asking what experience I have in this industry saying how ' complicated ' and 'specialist' our product is and to leave it to the 'experts' at QFI and 'partners' .. well hows that working out for QFI so far?????
But in fact the truth is (and anyone who has any knowledge about sales) that commercial professionals who can sell - as long as they're trained fully, can sell - in fact the only people who can't sell it is evidently QFI!
An as for the argument that we have signed partners to sell it for us JGC, Freepoint etc this is also clearly not working and additionally they are working on many other projects - not exclusively QFI. What QFI need is specialist Business Development Executives who can focus on specific areas eg Middle East, Latam etc and work on a reasonable salary but (mostly) on a commission basis.
Indigo22 and these other so called 'Shareholders' call posters like me Shorters because they can't get their tiny brains around why real shareholders are calling out Mike Kirk et al for their BS and demanding answers to exactly what QFI are doing with shareholder funds?
Can you imagine a normal business operating for 16 years without ever signing a client BUT operating under the guise of being "pre commercial "
PRE COMMERCIAL????? IS THAT A JOKE?
If we let these charlatans continue what they're doing we'll be sitting here in 2029 - with QFI being in business for 25 years - telling shareholders to stop complaining about their 0 revenue number because we are still a pre commerical company so we need to accept that = this is AIM after all!
No.
What we need now is to get rid of this shifty, aging, and quite franky unimpressive chairman and bring in someone who can ensure the managment team close some deals. Enough is Enough. Enough Hot Air. Enough Proactive Investors videos, Enough RNS's, Enough MOU's. Enough MOA's... Enough.
And REAL shareholders, you know who you are, the ones who have invested large chunks of cash into QFI, need to stop pussyfooting around on here and calling out the BS now. It's 2020, why the F aren't more of you letting this joke of a management team know how fuming we all are wit their constant delays, excuses, and LACK of results.
The time is now guys, unless there's a change all our shareholding will be worth 0.
And Lying Indigo22 who told EVERYONE confidently that the Share price by Dec 25th 2019 would be 15p perhaps you should wind your neck in. There are some shareholders here who have invested 10'S of thousand pounds in this company and we have serius issues with the management.
Mike Kirk wasting valuable time giving paid for interviews with Proactive ( which is a waste of valuable marketing money) to essentially say Sweet FA is delusional. Sorry to p on everyones bonfire but we are in a money making industry and MK and these silver foxes need to pull their fingers out now and give us REAL news otherwise silence is golden - they are not pulling the same BS they've done over the last few years anymore - we have wisened up
so what's the point in saying anything at all?
A 4 minute video which essentially says very little.
When he says Morocco is on track before the end of March - is he referring to a contract or just another trial?
LOL
You're obviously not that confident if you're hedging your bets Wonga lol
Indigo i will advise you don't dish out share price predictions.. you sounded very confident when you said SP 15p by Xmas? Is that still happening? Or shall we perhaps disregard your predictions as mere wishful thinking?
#NotSurprised
Who wants to bet that as of Dec 2020 QFI still wont have a commercial client?
I will offer odds that they do sign a contract at 100/1
Odds they don't have a contract at 1/10
I have got to make my money back on this company somehow!!!!!
This is really all a distraction on the real take home from that call.
I didn't agree with that caller and as I stated in my previous posts I didn't believe the financing deal signed was death spiral financing (although I had to google that term) so my knowledge on the subject is limited. I thought , however, the caller was genuine in his concern on Bergen being able to dilute the SP - if he is a shorter then my mistake.
One thing all this BS about the caller does is drown out the rest of the call which was a let down.
Everyone has their own opinion but there was nothing solid on that call, and anyone who says there was is wearing a very solid pair of rose tinted specs.
I cannot see anything happening this year in terms of commercial deals so am expecting a sidewards trading market until we have something concrete.
Indigo I am buying the drinks if your prediction is right 15p by Xmas. I will be back on here then to see how close you were
Well if that's the case then Fyoz my apologies and yes I think we can disregard what he is saying on the call
I am just stating my opinion that the caller was concerned over the Bergen funding deal and that it will dilute us, whether he is shorting QFI or not was not disclosed on the call and we have no evidence of that, it's purely hearsay from those wishing to discredit his point of view.
indigo I actually like your confidence on SP prediction by Xmas and your bullishness has rubbed off on me - I wish you'd hosted the call yesterday instead, I think it would have had a much more positive effect.
Petergar re the caller you are referring to save you the time of listening to whole call - https://www.quadrisefuels.com/sites/default/files/2019-08/20190828_1500_QuadriseFuels_MP3.mp3
Go to 14 mins 30 seconds.
I am taking a contrarian opinion but I don't think he was crazy, I think he strongly felt the financing deal is risky for QFI - that's my opinion anyway, I thought he came across as quite knowledgeable on this type of deal and his concerns seemed valid enough.
1. It seems that you're the only one who has thus far stated that you're disappointed or deflated, yes.
Well myself, Foxm and BarkingCrazy all felt the call left investors a little less confident actually.
Indigo - "commercial progress' is such a vague phrase and has no meaning whatsoever.
Name one part of the call where he led us to believe we would sign a commercial deal in 2019?
"None of us are deflated"
Ok Indigo (who strangely popped up 2 weeks ago after being banned from the forum?? hmmm)
So I am the ONLY one who has come off the call feeling this way? I guess it all comes down to expectations - I was expecting by this stage we would be close to a commercial contract being signed. We are not.
The only positive I can take is the funding has been secured to keep us afloat to "explore opportunities". Anyway else notice how many MK referenced "exploring opportunities" - I would have hoped by now we would be somewhat past looking at opportunities on onto the business end.
The timeline mentioned re the European Refiner was very vague and it doesn't sound like it would be close to getting commercial for at least 12 months - and that seems to be our best bet for the moment too. Depressing.
I think the rest of us are pretty deflated after that call. There was nothing really bullish in Mike's tone or anything to lead us to believe we are on the cusp of any deals.. a bit of a damp squib.
I think 2019 can pretty much be written off. Oh well let's see what happens next year.
Thanks Fyoz I was calling in on speakerphone from my car and missed large chunks due to the signal.
Correct me if I am wrong but in terms of signing a commercial deal there is nothing for 2019 at the moment - but subject to testing going well and agreements being found - 2020 QFI could finally commercialize?
Lol The BOD obviously don't read these boards as they don't seem to have taken my idea on board.. lol
It's a shame I would have thought by ploughing more resources into boosting the business development team (as opposed to overpaid exec salaries) it may result in, say, an actual contract? Lol.