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Micro Penny Stocks, Penny Stocks $0.10 & Under
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QRVI - A solid LT-Sub-penny * .0012 !
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[QUOTE]Originally posted by upekha: [QB] I started a thread for this stock this morning without using the symbol hence I take the liberty to post it again, this time under the correct ticker and hope for some feedback..( I hope Bob will forgive me and wont delete the post) My pick for a Long term play highly undervalued, non-pumped company is QRVI. Ok, here I go: (QRVI) http://www.qualityrestaurantventures.com Here the numbers: Share Structure & Fundamentals AS 895,073,582 and the OS is 900M. Sales 1994: 12600000 Gross Profit 18% My Estimated Gross Profit per share/: 18% of 12 600 000= 2270000) / 895073582 = .0025 Current share price: .0012 Company summary: http://www.investorshub.com/boards/board.asp?board_id=3529 All the PR Releases: http://www.qualityrestaurantventures.com/InvestorRelations.php#29 From my discussions, debt is taken care of, cash flow is positive, profit is growing, and this is based on 18% GP off of sales.... Cafe's will expect to recieve higher G.P. http://ragingbull.lycos.com/mboard/boards.cgi?board=QRVI&read=776 Recent summary of Business Activities Quality Restaurant Ventures (OTC Pink Sheets: QRVI) today released a financial review showing that during 2004, QRVI had a 269%+ increase in system-wide sales compared to sales made in 2003. This report is the first announcement revealing the financial impact of investments QRVI made last year in two fast-growing, regional fast-food chains, Westshore Pizza and Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG). The report shows that in 2003, QRVI's system-wide sales were $4,677,502 compared with $12,599,913 for 2004. While the majority of the 2004 increase can be attributed to the company's new affiliations, Sobik's Sub Shops posted a sales increase of $207,803 which is 4%+ gain in system-wide sales for 2003. According to recent phone calls with the president, a PR update is in the works and is very positive in nature! Drawback: lack of liquidity in the market so patience, P-A-T-I-E-N-C-E is required. [/QB][/QUOTE]
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