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   Microcap & Penny StocksQuantum Fuel Sys (NAS.GM: QTWW)


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To: The Ox who wrote (261)3/15/2016 1:48:16 PM
From: robert b furman
2 Recommendations   of 271
 
Some one will be wanting to buy this company.

The bond holders now hold the marbles.

This oil price and natural gas decline no doubt deferred the demand for QTWW's products.

It is good technology and will prevail - but with different owners.

I've never held a position in this stock - but I sure did like what it did.

The first makers of autos were scoffed at and went broke - it did not mean that cars were not the future.

Bob

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To: robert b furman who wrote (262)3/15/2016 5:46:00 PM
From: Hawkmoon
   of 271
 
I concur.. that bond holder is Kevin Douglas.. a major player who has been compared to Warren Buffet in years past..

I'm not sure he wants to bankrupt the company, or take them over.. But I do kind of believe he's going to shuffle up the BOD and possibly management as well...

But UPS was a major customer last year, and it appears that they will be again this year.. And with their virtual pipeline orders pending future approval and an initial $8.4 million sale, there is a future for their technology..

However, I'm hesitant to add more, and I'm wondering whether I should sell what I have and just not look back. I've been waiting for years to see these guys get their financial act together.. And it hasn't happened yet.

Hawk

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To: Hawkmoon who wrote (263)3/15/2016 5:58:26 PM
From: robert b furman
1 Recommendation   of 271
 
Those fleet deals are sometimes legislated and have stability and repeatability - especially with utilities.

They keep the concept alive and result in R&D with product enhancements.

Who ends up with the technology long term is a big question.

Certainly the bondholders will have some say - but how big a haircut they have to take will beexpensive with time and attorneys.

I think it is beyond this small time investors desire and influence.

It could well be that Paccar or Mercedes would have interest as well?

Bob

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From: The Ox3/23/2016 10:07:52 AM
   of 271
 
Has obtained $6.0 million debtor-in-possession financing commitment to allow it to continue its operations uninterrupted during a court supervised 363 sale process

LAKE FOREST, Calif., March 23, 2016 (GLOBE NEWSWIRE) -- Quantum Fuel Systems Technologies Worldwide, Inc. (“Quantum” or the “Company”) ( QTWW), a global leader in natural gas storage and delivery systems, integration and vehicle system technologies, today announced that that it filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Central District of California. The Company intends for the Chapter 11 filing to enable it to seek an acquirer through an expeditious 363 sale process.

The Company, subject to obtaining court approval, has secured a $6.0 million debtor-in-possession financing commitment from Douglas Acquisitions, LLC, an affiliate of existing second position secured creditors of the Company.

The Company has filed customary first-day motions with the Bankruptcy Court intended to support the continuation of its day-to-day operations for customers, employees, vendors and suppliers, and other business partners.

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To: The Ox who wrote (265)3/23/2016 11:41:16 AM
From: Hawkmoon
1 Recommendation   of 271
 
It's over for QTWW.. I can only assume that the assets, patents.. etc will be auctioned off to an acquiring company and any existing shareholders will be wiped out..

I'm out, and right now I never want to hear the name Quantum again..

Someone could write a novel about this company and its history of failed opportunities and mismanagement..

Hawk

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To: Hawkmoon who wrote (266)4/14/2016 1:26:50 PM
From: FJB
1 Recommendation   of 271
 
I have bought a bunch of stocks that went bust. Which led me to adopt a one to two year due diligence period where I wait and see what is going on before buying. That has saved me a lot of financial pain, although I never bet the farm on any of the previous companies that went bust. I had a Solar watchlist/portfolio I cleaned out the other day, where more than half the companies were no longer listed or were now trading under 10 cents...

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To: FJB who wrote (267)4/14/2016 1:43:27 PM
From: Hawkmoon
   of 271
 
This was so sad because I was pushing to see Quantum exploit their tank storage solutions for CNG years before they actually did it.. And then the oil market put them down..

There seemed to be so much promise in this company and technology, but they couldn't seem to get their crap together..

Now, it appears, that Kevin Douglas, the major creditor (via convertibles) will wind up owning the company and selling it off..

Nothing left for current shareholders that I can see.. The company owes him too much money for anything to be left for those who are crazy enough to hold, or buy, the shares now.

Hawk

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To: Hawkmoon who wrote (268)4/14/2016 2:01:07 PM
From: FJB
1 Recommendation   of 271
 
Great products and technology are not enough is another expensive lesson I have learned over the years.

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To: FJB who wrote (269)4/14/2016 8:16:50 PM
From: robert b furman
2 Recommendations   of 271
 
Hi Hawk and FUBHO,

I have dropped more than I want to recall on the same lesson.

There is perhaps a very real need for a thread that we can document the crash and burn dreams of really good products - or bad - or just before their time and/or under capitalized.

Then again if we truly documented those dashed dreams we may just chase off the guy who's going to buy my stock bought low - at the top. <smile>

It would have value, only in that it would sell more Prozac.lmao

Bob

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To: Hawkmoon who wrote (268)3/9/2020 9:59:50 AM
From: Sdgla
   of 271
 
Interesting Hydrogen development

video.foxbusiness.com

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