posted
I have owned and watched this company for a long time..
I have a few gripes about the website not being updated, but the Sobiks and Wing Way franchises seem to be going as they predicted.. The latest on opening in Orlando Fla.
They have released some pr's pertaining to this, but really not much else.
Digging through old filings leads you to believe there are hundreds of these franchises that they are involved in... I don't doubt it, but it is USFI (USFJ ticker) that has me a little interested. We know that QRVI and UFSJ are affiliated, it says so on QRVI's non updated website.
UFSJ may be where the money is coming from to support QRVI, not certain, but the companies have the same leadership according to old docs.
Now in steps some Swiss investor group who analyzed QRVI and states a value of .0047 over the next 12 months. And a possible high of .011
I have seen QRVI at .0011 and still wondered why it hadn't taken off considering all the possitive stuff they were releasing..
If this investor group is even half right, or 1/4 right, anyone loading up at .0003 will probably be a happy camper.
I say watch it at the least, even though it has been a pretty boring venture for me.
skip
posted
got a little excited when I saw this post, I must admit...
I have only been in QRVI for a little while, but I was made aware of it's pattern and grabbed some at .0003...
not much volume lately, but I imagine that will change sometime in the near future, and it will be back at that .0011 area again...
skip
posted
somebody bought 3mil at .0003...only one mm there now...will it break out past .0004 soon?
TruthLiesWithin
posted
I think we need to pressure the prez here, and ask him to update shareholders a little better.
Just dig through the old filings, there was a lot of money involved with all these different named franchises....
The pics of WingWay are very clean and the place looks big... I forgot to visit it when I was there last month.
I really wish someone here had a connection inside, because I can't get any answers on a few things.
skip
posted
getting some volume at .0003 today...rumbling...
RagingBull
posted
aightttttt
TruthLiesWithin
posted
I have watched this for too long, only because I have a ton anyways..
It sat at .0004 and didn't move for a long time, now it drops to .0002 and .0003,,,,,,,,personally I think there is some accumulating going on, and while everyone else here last 2 months got in and out for that little pop it did, I believe that only happened because everyone was buying it.
Really, look at some old PR's I know many here have talked about it,,,,,,,,there were tons of these franchises that they were supposed to have fronted,,,,,,,,,I don't know, but if anyone hears anything from UFSJ, UFSI, or whatever.......Let me know... Someone was saying .004 was where it could end up going, I'm waiting to hear how the new Wing Way is going.
TruthLiesWithin
posted
Anyone hear of this group before? I'm wondering what their interest might be in QRVI.
It's 1 month old, but I only saw it in one place.
StockTargets Inc.: Investor targets increase on Quality Restaurant Ventures, Inc. stock (Pink Sheets: QRVI) following a recent analyst recommendation
By M2 Last Update: 9/8/2006 9:00:09 AM Data provided by
Sep 08, 2006 (M2 PRESSWIRE via COMTEX) -- Geneva, Switzerland, and Dover, Delaware, USA - StockTargets, Inc., a private Swiss company and an innovator in investor sentiment tracking on listed stocks, measured a firm shift in investor targets over the past 2 days on Quality Restaurant Ventures, Inc. (Pink Sheets: QRVI), following a new recommendation.
Investor sentiment and forecast shows a substantial increase, and remains resolutely positive on the stock's prospects, following the latest news and a revaluation of the company by TTS Zurich. Investors now forecast the stock rising to approximately US$ 0.0047 during the next 12 months. The StockTargets consensus 12 months target was US$ 0.0033 recently.
The 12 months target by TTS Zurich for the stock is US$ 0.011, which represents an upside of 2'400%. These different targets can be reviewed by clicking the following link: http://www.stocktargets.com/cgi-bin/ticker.pl?command=qrvi.pk. Targets indicators on stock are an aggregate of all the news, sentiment and forecasts available on the company at a given moment in time, as perceived by investors. Quality Restaurant Ventures, Inc. website is http://www.QualityRestaurantVentures.com.
Quality Restaurant Ventures Inc. identifies and invests in regional fast- food concepts with high growth potential, enhancing their operations while preparing them to become national franchise opportunities.
About StockTargets, Inc.
StockTargets, Inc. (http://www.stocktargets.com) is an investment banking and investor relations firm. Its Web site records all participants' sentiment, expressed as targets by its users. The StockTargets system, by building an investor sentiment indicator, attempts to gather and determine an measurement of all entries of users. The user's consensus target can be compared to targets provided by professionals, such as brokerage firms, analysts or fund managers. StockTargets Inc. was founded in 2005.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. All trademarks mentioned in this text are properties of their respective owners.
CONTACT: Sean Kelly, StockTargets Inc. Tel: +41 22 700 7648
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
TruthLiesWithin
posted
Ok, so i'll resurrect this thread and ask nicely again, since the other one is locked...
Just going over some historical prices, and saw a weird pattern, every 7 days it was taken down 33 percent for the past month and a half..
skip
posted
No prob...
good catch on the 7 day drop...
someone loading the boat?
R.A.
posted
I'm loading the boat.
It will bounce one day or the other IMHO.
TruthLiesWithin
posted
Volume was up a bit, but mostly bigger blocks here and there.
They talk of "system wide sales" of $12,600,000 for 2004, and this was before the most recent stores Sobiks Wingway that opened just a couple months ago.
Mostly quck eat type joints, but I read somewhere there were hundreds affilitated with QRVI and UFSJ.
I'm trying to sort out who owns what, even though both companies to me are basically the same, same operators, same business plan... UFSJ just on a larger scale... I don't know whay they spun of QRVI as it's own entity, and this is where I am trying to see the benefit..
UFSJ trades 15 cents a share, so you can see why I get interested.
R.A.
posted
Maybe some stuff coming up with this one. They're starting to give some attention to the PPS.
I will keep an eye on it.
"For some time now the value of Quality Restaurant Ventures operations and QRVI stock have been undervalued by the investment marketplace. This decision is necessary to better align QRVI's share price with the equity markets that are most interested in our company and the restaurant-hospitality industry in general."
---------------------------------------- Press Release Source: Quality Restaurant Ventures Inc.
Quality Restaurant Ventures Inc. Announces Reverse Stock Split Friday March 2, 9:17 am ET
HEATHROW, Fla., March 2 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures Inc. (Pink Sheets: QRVI - News), a fast food franchise management company, announced today that its Board of Directors has voted to implement a 2,000- for-1 reverse stock split of the company's outstanding shares of common stock. The effective date of the reverse stock split was not announced. ADVERTISEMENT
As a result of the reverse stock split, each 2,000 shares of common stock will be combined into one share of common stock. The Company will not issue any fractional shares of its common stock as a result of the reverse split. Stockholders who hold their shares in brokerage accounts or "street name" will not be required to take any action to effect the exchange of their shares. Stockholders of record who hold share certificates will receive a letter of transmittal requesting that they surrender their old stock certificates for new stock certificates reflecting the adjusted number of shares as a result of the reverse stock split.
A prepared statement issued by Christopher M. Swartz, QRVI CEO stated, "For some time now the value of Quality Restaurant Ventures operations and QRVI stock have been undervalued by the investment marketplace. This decision is necessary to better align QRVI's share price with the equity markets that are most interested in our company and the restaurant-hospitality industry in general."
About Quality Restaurant Ventures Inc.
Quality Restaurant Ventures Inc. develops new restaurant concepts, and invests in regional fast-food concepts with high growth potential. QRVI then enhances their operations to prepare them to become national franchise opportunities.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Quality Restaurant Ventures Inc. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies.
-------------------------------------------------------------------------------- Source: Quality Restaurant Ventures Inc.
TruthLiesWithin
posted
Well, i'll still hold my already pretty worthless millions! Seriously, they are undervalued, but reversing this isn't going to make this attractive to people, especially when it was being manipulated.
R.A.
posted
Yeah, I know, but maybe they have some better news coming up. It's been a while since news were released. I think it's about time.
But we'll see. GL.
beechwood
posted
Hmmmm, let's see. Dilution, manipulation, and they like to reverse split. Any one of the above is bad enough. But all three?...(ROFLMAO). I think I'll pass, thanks. Will the real MM's please stand up...(LMAO).
R.A.
posted
I absolutely understand what you mean and as you say, the situation they have put that stock in isn't appealing for the moment. But we'll see.
posted