why

Why when a human is faced with decisions do they not choose the optimal path?

When one can grow, deliver, produce, achieve, climb, succeed, set an example, yield...........why would one just run the race for themself.

I have heard that the human species is the only species on the planet that can know what the right decision is to do..but then can turn it on its head and take the other path....even though they know its wrong.

We all know things catch us with us at some time on our life journey.....but seriously...why would one in such a golden and position of opportunity would one suck all the profits to buying a boat, Ferrari, houses all for self financial gain?

It is hard to understand, as we have seen with say a company like FMG.

FMG and companies like BHP, RIO, PDN has made that many millionaires in Australia, its scary.

You know...Smuggler could have been right at one stage in his posts.

QTK possibly did have a chance at seriously taking on a market primed for success.

Why then did the main person in control choose the path of self gratification. Why would you be so selfish and self involved or self directed that you would after having 160 million shares in the company...over 50% of the whole company....why would you still draw all the life out of the company to the point where its so DEAD...that you are the only one who can put some funds back into it to prop it up.

Propping it up at its current cash burn rate has a definitive expiry date. This date would have already been set by those in the know.

Why would you ramp this share knowing its past, its personality, its psychology, the facts, the history, their potential and how they have always failed to deliver when opportunity was staring them right in the face.

the market was primed for this company.

Some wrong decisions were made. Quiktrak did decide to use the cheaper equipment then their competitors and thus offered an inferior service.

All contracts, all work stated to the ASX have fallen through the floor.

We are now faced with the end of a company who has been listed on the ASX for a specific purpose. Yes they satisfied the listing rules....but only just.

When Pallister brought QTK out of administration buying 150 million shares at 0.007 cents....yes thats right...not even one tenth of one cent....I suppose you could say the writing is on the wall. If QTk ever got to 1 cents....the Pallister was already sitting on a massive profit.

Imagine that time when it was 40 cents.

Now at 6 cents...pallister is still sitting on a huge profit.

China fell through. The Australian domestic market shows reducing revenue by 50%.

Their product and service are inferior and competitors are embracing where QTk is failing and focusing now on another distant land that by their history...will likely fail again.

three scenarios exit for QTK now.

1: QTK could earn profit and become a real company.
2: QTK could offer more smoke and mirror announcements like they have for 2 years and Pallister could drip feed his 160 million shares into the market then close it down...walking with a very tidy profit but likely to suffer the wrath of ASIC. Pallister knows this wrath all too well. Next time he may not be so lucky.

3: Pallister could run this share down easily below 1 cent per shares....force existing holders to sell out to him and privatise the company and hopefully offload it (thanks ocker).

Whichever way it goes...Quiktrak is another example of a failure of a company.

Its sad and they had some believers.

its all but gone now and in the hands of the man who brought it out of administrations.

He will do whatever is best for his financial position at the end of the day.

And then one day...he will enter the market again.

Watch for this name...follow it...remember this situation.