market is beginning to lose patience with this stock now i...

market is beginning to lose patience with this stock now i think. how long can they keep silent on this fiasco in china? either they got a contract or they havent, 18 months later is ridiculous and not one cent out of $380 US million has been announced to have flowed back to qtk.

without china how can this be valued at $60 million? it is obvious they gloss up their financials to read better than they are, the facts are that qtk now owe $4 million to bell potter clients (if those clients choose to not exercise their notes for the privilege of 20c shares), and the last quarterly showed a dramatic reduction in cash associated with "infrastructure costs" in south africa. similar "infrastructure costs" in china have not netted qtk very much at all, i hope for holders they have better luck in south africa.

people laugh when 5cps is mentioned but it is quite possible if things continue like this for much longer.