Hi Pete,Not so sure about dumping Kevin Russeth, I believe he is...

Hi Pete,

Not so sure about dumping Kevin Russeth, I believe he is important to QRS. He has been the driver for a long time and has been a true believer in the company (apart from a few of us suffering shareholders!). I agree lots of free shares looks ordinary however I would much prefer he has a lot of skin in the game than not much skin in the game. He has been putting his own money into QRS by buying on-market for some time now.

Kevin will make a lot of money when we make a lot of money, and I hope he gets filthy rich!

Security products look the go at the moment (IMO) and QRS is amongst the world's best in what they do.

I have stayed with my shareholding, in fact I bought again today at 3.5 cents, because I believe IF the market starts valuing these type of companies for their potential they are worth many times what they are today. Hence my largish share and options holding.

I may be completly wrong, however the last quarterly told me that this business is cash positive and has the potential to continue to be cash positive.

At 3.3 cents (today's price?) there is little downside IMHO.

I don't have contacts in QRS so don't know if Jim Lim is coming back or not. Quick call to the company may tell us.

QRS is not a stock to put the house on, but I believe may be a good performer after the quarterly comes out.


Cheers, Tony.