Member Info for mhw2

and if you get it to 2p i will chuck a bird in as well lol

a lot of buys been going through in last 20 mins so we must be due another leg up v soon ;-)

you carry on mate a beer is in for you if you can get it to 1p in the next week lol

you wouldnt be ramping this up would you lol i am not complaining because i average 1p so if you can pump it all the way to above my average i will be very please ;-)

Thats nearly 100% up in a couple of days something must be coming ;-)

on the up ;-)

seems to be moving up nicely maybe you are right builder and a few buys now coming in at .30p ;-) long mayb it continue !

It is Leak frog and it went up to 3p jan 08 after they put the news of the new leakfrog product which was supposed to be the next big thing for finding water leaks and this was followed a £200k order from thames. I was in back then and have averaged down although still need 1p to break even ;-(.

I hope you are right mate as had written these off. I think the .18p were buys this moring thats why the move up. A few buys just starting to come in now at .23p so maybe something is happening. I spoke to Barbera ferrier or whatever her name is the other day and she seemed pretty confident of turning qti around. Time will tell !

You are f.cking joking i will lose 90% of the shares defered and my average is 1p so i am well down to say the least!!

Strange how there has been a couple of trades today but many of us cant buy or sell. My barclays account is v healthy today have over £100k s worth of qti lol wish i could sell now ;-(

same here mate my account was updated today would have prefered last week when it went over .1p aaarrgh

thsi shoul;d put your minds at rest ;-) Ok people, I was getting as confused as everyone... so I called Barbara at QTI... who was incredibly helpful. Goes like this. QTI needed to be able to issue warrants and the like. To do this the nominal share value has to be below the market share value. At .2p (ish) it wasn't. So they needed to reduce the nominal share value to .1p. To do this you issue 10 shares for every 9. Then you 'defer' 90% of the shares... this gets you to 0.1p nominal value shares. They had to do this, for legal reasons, in 2 stages. 1) Issue the shares as normal shares. The market value drops by 90%, but your share holding increases 10 times... so you are on a par. - This stage happened last week. 2) Defer 90% of your shareholding, so that you now have 10% normal 'tradeable' shares, and 90% 'deferred', which can't really ever be traded... BUT.. and please note the BUT... the MARKET value will increase by 10 times. This will happen on 25th June. The end result of this is that after 25th June you will have the same number of tradeable shares as you had 2 weeks ago, and the market price will be on a par with what it should be....the nominal value of all shares will also be at 10% of what it was, so that QTI may issue warrants, go for loans, and do all those things they need to do as a company to raise capital. In laymans terms: sit tight...and all will be back to normal after the 25th. For the gamblers I am sure there are a couple of

same as mate, i think i will just keep hold for now see what happeneds you never know may come good in the future after re financing ;-)

morning mate, i have just checked my account and it has not changed either just saying phone trades only. Dont forget you can you can trade all your shares including the new 9 for one shares. I think new kid has hit the nail on the head but what a strange was of doing things !!

dont you mean more buys than sells ? There is plenty to go here yet mate just wait and see ;-)

We have until the 26th of june and i can see plenty of up days in the meantime to sort out your exit point. I thought we have to vote first to allow them to do this and why would any shareholder want to lose 90% of their holding ?

i had just about written these off and would have loved to have sold yesterday at 0.01p as would have broken even. With over 20 mil of these i would have to drip feed them in if i was selling i supose. Might just hold on now as if they did get a small contract i could make a killing ;-)

i hope you get it sorted mate strange how they tell me one thing and you the other. The lad on the phone had to go and find out what was happening and def said i can sell over the phone all my new shares. Somebody just brought over 9 mil at .6p so must be confident with this spread ;-) he could have minefor .9p

the person i spoke to was not sure but they spoke to somebody else and told me what i could do. It is poor as i could have gotten out with a profit yestarday as my average was 1p. so .01p now.