3SOF

Public 3SOF Boards => Stock Picking => Topic started by: wrangler on August 21, 2005, 08:00:56 PM

Title: HQS
Post by: wrangler on August 21, 2005, 08:00:56 PM
May be worth checking out.
HQSM Selects Seattle for Sales and Corporate Offices
Market Wire (Fri, Aug 19)  
• HQSM to Penetrate European Equity Markets
Market Wire (Wed, Aug 17)  
• Net Profit for Quarter Exceeds USD 1 Million
Market Wire (Sun, Aug 14)  
HQ SUSTAINABLE MARTM (OTC BB:HQSM.OB) Delayed quote data  

Last Trade: 0.225
Trade Time: Aug 19
Change:  0.03 (15.38%)
Prev Close: 0.195
Open: 0.21
Bid: 0.225 x 5000
Ask: 0.23 x 5000
1y Target Est: N/A

 Day's Range: 0.20 - 0.23
52wk Range: 0.12 - 0.94
Volume: 1,514,935
Avg Vol (3m): 159,337
Market Cap: 22.08M
P/E (ttm): 3.46
EPS (ttm): 0.065
Div Yield (ttm): N/A (N/A)

life is good
wrangler 8)
Title: Re: HQSM.OB
Post by: runforthedoor on October 18, 2005, 08:39:43 AM

news today might move it up again...

http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2005%5C10%5C18%5C71439400.html%26clientid%3D168%26provider%3DInternet_Wire&symbol=HQSM
Title: Re: HQSM.OB
Post by: fill_the_gap on November 07, 2005, 10:34:06 AM
Some notes from the call.

-  They are trying to get into the retail side (restaurant distribution)
-  The weather played a large role in the lack of production last year
-  The new capacity should exponentially grow HQSM
-  Low public float as insiders have a large stake
-  Seattle should provide a base for business in one of the largest seafood markets
-  Norbert cannot speculate on the future
-  He hinted towards filing before the 15th
-  Norbert also said they qualify for the AMEX.  He would not say whether or not they are going from BB to AMEX now, but he said it was the goal.

We will see.  I am buying in order to not miss an early filing and the interview from the AMEX floor.    ;)

Copied from another board.
By: dis42 
07 Nov 2005, 10:35 AM EST
Msg. 561 of 561
Jump to msg. #   
3 shows/docu/interview coming next weeks with hqsm:

11/18:money tv interview with sporns(discussing q results + important announcement)

winter:
"World Business Review" (WBR) airs on CNBC (as paid programming) and Bravo! discussing 21st Century Environmental Solutions

winter:
Platinum Television Group is pleased to announce the selection of HQ Sustainable Maritime Industries, Inc. (OTC BB:HQSM.OB - News) for its innovative, educational television series, Business & Beyond. The company will be featured in a segment on "The Booming Asia Market -- Food that Can be Farmed with No Chemicals."


new investors will be interested when they see what growth capacities this company has.....


Title: Re: HQSM.OB
Post by: wrangler on November 07, 2005, 11:09:10 AM
I'm not in but looks promising. Trying to get in on SWKJ & CYHD reason I say trying I have a set limit order in for now to see if they will go thru, if not will decide what to do after that. 
I like how HQSM looks I use what I call MOM/28MA trading. Moving on momentum/28 day moving average. Chart will show a buy signal was given in the MACD at bottom of chart.Look at chart I posted and you will see. When blue line goes above the black that is the buy signal and when blue line goes back down below black line that is the sell signal. Good luck trading :)
Title: Re: HQSM.OB
Post by: wrangler on November 07, 2005, 11:12:43 AM
I'm sorry I meant to say when Black line goes above blue line that is the buy signal and when it goes back below that will be the sell signal. Hope i have it right this time . Look at previous ups and downs and you will see what I mean. Any questions feel free to ask.
Title: Re: HQSM.OB
Post by: JKN on November 07, 2005, 11:29:50 AM
No problem...I can't recall a single time that I've ever been confused or gotten mixed up doing TA.  ;)
Title: Re: HQSM.OB
Post by: fill_the_gap on November 08, 2005, 06:59:33 PM
Keep a close eye on HQSM.
It may take off with the earnings and scheduled interviews to follow.

I am in for more than usual on a penny.   ;D
Title: Re: HQSM.OB
Post by: fill_the_gap on November 09, 2005, 11:34:25 AM
Greetings from HQ Sustainable Maritime Industries Inc. I forwarded the attached answers  yesterday to my IR person. I wanted him to structure a more formal reply. However while waiting for him, I send you the answers I gave to him.

See below in red.

Best Regards,
Norbert Sporns, CEO

I am intrigued by your company and have a few questions.

How many total shares authorized, outstanding and in the float ? 110 million

How many shares do you currently have ? The founder group owns 75 million shares  

Have you or other insiders sold in past 6 months, if so, why ? No  

Is the financing with Cornell ? Is it toxic ? Non financing with Cornell.
No toxic funding
.

Will the 15th filing be on time ? Yes    

Why did the long term price go from over $ 1 to under 20 cents ?  Registration of an SB2 went effective for early stage investors.  When they sold the share price dropped.

Was there a past split ? No

Any plans for a split ?  (I will not invest if a Reverse Split is in the future) No  

Do you continue to grow rapidly ? Of course  

Should this quarter filing reflect new growth ? you will see shortly
Title: Re: HQSM.OB
Post by: fill_the_gap on November 14, 2005, 11:11:00 AM
Depending on the filing and/or news the tight range could move HQSM up rapidly.

I am adding to my position here.
Title: Re: HQSM.OB
Post by: fill_the_gap on November 14, 2005, 09:01:09 PM
The CEO is a straight shooter.  He has been very receptive to the calls.  Glad that it worked out.   ;) 
Title: Re: HQSM.OB
Post by: logocovet on November 15, 2005, 12:01:02 AM
applause Fill,

U really have a way with CEOs.   :)

I've been long in HQSM since .44, per David recommendation.  This stock seems way undervalued @ PE of 8.  You mentioned the company filing to be in the AMEX.  Does AMEX have companies priced below $1? 
Title: Re: HQSM.OB
Post by: fill_the_gap on November 15, 2005, 08:40:58 AM
They may have to wait as a longer term goal for the AMEX.
The growth story can get them there in the future.

HQSM can really explode with the low public float.
Maybe today will bring volume.

The CEO knows how to market his company.

This week should be interesting.  Call from the AMEX floor the 19th.
Title: Re: HQSM.OB
Post by: logocovet on November 15, 2005, 09:49:30 PM
I d'ont understand the sell off.  Earnings seems to be good.  Can anyone see what the market didn't like?
Title: Re: HQSM.OB
Post by: 422fwhp on November 15, 2005, 10:58:19 PM
Sell the news?

Profit taking.
Title: HQSM.OB poised to double, or more. And may take off any day.
Post by: esotericist on December 08, 2005, 03:35:58 AM
This company has admittedly seen excellent gains recently, was featured here, too. Often people think the action is over once the stock has jumped off the floor, the money's all been made, time to move on. I maintain that in this case, a well-run 10PE growth business in a high growth sector (food), that the best action lies ahead. Another double or possible triple.

For a couple of reasons I think the recent action was only the beginning.

Firstly, the fundamentals. We have here a European owner-managed "Chinese" company in a high growth business. The company has a plan and the funding to execute it. They are in the sustainable aquaculture business and do so in a most environmentally friendly way mainly exporting tilapia fish and shrimp, but also earning revenue from nutraceutical products. They sell all over the world, not only to the USA. They also believe in treating their employees and suppliers properly...

Second reason? Pure charting. I believe we are ABOUT to enter the 5th wave UP and given there is little overhead resistance above 46 cents (we're at 45 cents now), and above 58 cents, almost NO resistance, it could easily reattain the highs in this attached chart on expectations of a great 4th quarter (the last quarter is historically the best in this business).

They have just opened an office in Seattle to cut out the middleman as well, and are in the process of rebranding their products with a high value, top class brand image. As a result they have a completely vertically integrated model that NONE of the other fragmented suppliers can come close to matching. Indeed... none are trying.

hqfish.com

http://img391.imageshack.us/my.php?image=longtermhqsm4yg.jpg

1.34 target.

Short Term, since I made this chart... it bounced at the trend line as expected and has gone up 15%.

This chart is a couple of sessions old. We're now at 45 cents.

http://img391.imageshack.us/img391/7200/shorttermhqsm4tw.jpg

Good luck and DYODD.


Title: latest chart. Selling has dried up. Buyers returning.
Post by: esotericist on December 08, 2005, 03:52:29 AM
http://stockcharts.com/def/servlet/SC.web?c=HQSM,uu[w,a]daclyyay[dc][pb5!b20][vc60][iLh14,3!La12,26,9]&pref=G

latest chart....
Title: Re: HQSM.OB poised to double, or more. latest elliotwave
Post by: esotericist on December 08, 2005, 09:23:32 AM
An elliotwave overlay interpretation.

http://img510.imageshack.us/my.php?image=hqsmupdate14jw.jpg

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: esotericist on December 09, 2005, 05:29:23 PM
It took off last Monday. Looks ready to take off again next Monday.

A nice doji, a 5DMA, 20DMA crossover (a well-known buy signal for swing traders) and a bounce off the 50dma... it looks to me like a posible slingshot up to retest the 58 cent level.

Stockta sez 46 is resistance. Then no resistance until 58.
It this wave attracts some committed buyers not wanting to miss out on the run, then I think we could break the 58 cent level, take out 63.. and off to da races. Fingerz crossed!

Time for bed. It's 5.20am here in Thailand.

http://img407.imageshack.us/img407/3553/hqsmfridayup8zc.jpg

These two will update soon enough.

http://americanbulls.com/StockPage.asp?CompanyTicker=HQSM&MarketTicker=OTC&TYP=S

http://www.stockta.com/cgi-bin/analysis.pl?symb=HQSM&num1=1&cobrand=&mode=stock
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: swingtrader888 on December 11, 2005, 10:49:41 AM
shortterm chart look real good for a running fast up to 60 cents.

dont know about double but the crossover looking good for a 2 week running up from now. Good spotting.

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: Like A. Rock on December 11, 2005, 07:27:25 PM
Yes, look for this to continue upswing. Broke out of bottom channel and buing opportunity is right on at these prices. I picked up small postion last week. Dragonfly doji could indicate stock is at its turning point. Im looking to add this week as overall trend continues to ascend. Nice pick.

http://stockcharts.com/def/servlet/SC.web?c=hqsm
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: shipman on December 12, 2005, 01:11:24 AM
Here's the chart.  There is another thread on the board. HQSM Awesome fundamentals.  Check it. Theres lots of info and rationale from David.  I'm looking for a rise myself.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: Like A. Rock on December 12, 2005, 03:20:53 AM
Nice chart shipman. Nice uptrend clearly shown here. I went on and found that other thread with the DD. Im looking to add to my position this week. The is in the midst of a nice rally. Also watching ESYY closely. Has been moving nicely these past few days. Could be a nice week for both these stocks.
Title: Re: HQSM.OB poised to double, or more. Today or tomorrow IMHO
Post by: esotericist on December 12, 2005, 03:41:02 AM
The CEO is now in, or just back from USA I understand....
The profit-taking has finished. Sellside volume dried up completely.
Very little buy side volume would move this stock quickly to test the recent highs. and if 58 cents is taken out a run up to 88 is quite possible.

And yes. Great fundamentals. Toxin Free Fish. The public just becoming aware of the issue.

http://www.chicagotribune.com/news/nationworld/chi-0512110439dec11,1,5857923.story?coll=chi-newsnationworld-hed





http://img453.imageshack.us/img453/5604/mondayhqsm7ur.jpg

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: shipman on December 12, 2005, 11:19:58 AM
Hey brothers in fish,
     I would like to request that you post those links and charts on the board.
It's real easy, you just have to save whatever it is to your own computer in documents or pictures.  Then use the additional options at the bottom of your reply page, browse for the file and attach.  It saves time for anyone wanting to follow the thread and rationale.  Thanks bra.  Fresh fish don't smell.  All aboard.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: Like A. Rock on December 13, 2005, 05:15:17 AM
Well, not really what I expected from this stock for a Monday, but then again, it gives me a chance to average down at these bottom prices. I watched this a bit today and didnt really see any great entry points to add on the dip so I shunned that plan and instead will be looking to add to my position later on in the week, perhaps friday. I'm still have good feeling about this company and believe it will turn soon and continue climbing. If one looks at the charts in multiple time frames, one will see the dip this is experiencing. I'm in long. Lets not forget about this company's vital aquatic products products.  ;)
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: shipman on December 14, 2005, 01:55:24 AM
Well B it was a big red bar.  Maybe tomorrow will form a nice doji for ya.  Be quick.  After today though I'm not sure about the TA on this one. I expected the macd to turn positive.  Hopefully just a short term shake.  I would try to nab it at .36 or .37.  but if it is set to close below that.  I don't know, probably a sell.  I would think that it would go down and touch the 200 dma then at .28. that would be the ultimate buy target for someone wanting to enter.  But then again we are sitting real close to the 61.8% retracement between the 10/26 low and 11/15 high.  So if you think it's gonna hold here, buy away.  Tough decision though, good luck.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: gmarc66 on December 14, 2005, 08:18:17 AM
What will this news do to the pps?

2005-12-14 08:08:05 
HQSM Signs Term Sheet for US $40 Million Loan 


SEATTLE, WA -- (MARKET WIRE) -- 12/14/05 -- HQ Sustainable Maritime Industries, Inc. (HQ)
(OTC BB: HQSM) announced today that it has signed a term sheet for a US$40
million loan with a prominent U.S. specialized commercial finance company.
Use of proceeds will include development of greater distribution for HQ
products in the United States, as well as expanded capacity for organic,
toxin-free fish farming and the construction of the Company's
state-of-the-art, toxin-free feedmill in Hainan province, China.

The loan is guaranteed through HQ's financial partnership with Amalgamated
Resources Holdings Inc. (Alps), as announced on October 18, 2005.

Norbert Sporns, CEO of HQSM, said, "This substantial funding supports the
next phase of our growth plan to become the world market leader in
zero-toxin aquaculture. Expanding our toxin-free fish farming capacity and
building an organic feedmill will consolidate our vertical integration and
control of quality throughout our operations in China. We are currently
launching a strong branding, marketing and distribution initiative in the
United States, spearheaded from our new corporate headquarters in Seattle,
Washington. While HQ produces a variety of aquaculture products sold
around the world, our current focus is on the production of farmed tilapia
whose market in the United States is more than $174 million. China is the
world's leading producer of tilapia, the United States is the largest
consumer, and HQ is China's leading exporter of quality tilapia fish
products to the U.S., currently commanding 10 percent of the market."

No assurances can be made that definitive documents will be executed or
that HQ will borrow any or all of the $40 million.

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: shipman on December 14, 2005, 09:41:09 PM
It means their credit is worth more than their market cap.  I'm going to bone up a little.  I remember some kind of loan not too long ago.  I believe that the owners were going to put their shares as collateral as not to dilute the company.  Don't quote me just yet, I'm checking.  Ok the original deal was going to be 70 million,  I guess it could be good news that they only need 40 million now, or it could be bad  that they couldn't get the whole 70.   I think it's probably good.  Back in Oct. and Nov.  we were talking about the fact that 75 million of the 116 or so million o/s are owned by the insiders.  They said they aren't sellin'.  There was also speculation that the true objective in seeking this financing and expansion was to make the AMEX.
    If all of this seems to ring true, that leaves a 40 million float,  the strategy is working itself out, and we are one step closer to the Amex.  There was alot of hype on this one a couple months ago.  Bagholders may be fed up and dumping,  I'm still holding - barely.  Just have to wait and see what tomorrow brings.  Good luck.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: shipman on December 20, 2005, 12:18:07 AM
doesn't look like we're gonna hit that 200 ma.  Alot of selling today
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: base2final on April 27, 2006, 09:36:47 AM
Time to re-examine this one again? 
The fundamentals have improved and the chart may (sloppily) be at the bottom of a cup and handle.  Earnings coming out in 2 weeks - expected May 15 2006. 
Should show nice growth.  Upbeat CEO.

Feedback anyone?

(http://wsm.ezsitedesigner.com/share/users/10/109695/websites/138824/images/563_hqsmchart.JPG)
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: 422fwhp on May 06, 2006, 10:12:33 AM
Agree.  Looks time to make some more money on this one.

I <3 talipia.

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: nullzero on May 06, 2006, 09:21:01 PM
HQSM looks good just bought some Talipia from local super market today, the sign said from china, im wondering if HQSM is the supplier. I may enter a postion monday for about 10k shares.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: echo on May 07, 2006, 03:55:38 PM
I like the chart and the growth in fundamentasl. I'm a buyer on Monday. I remember when 3sof first had this one, it was trading sideways, but I think we're poised for a runhere at least to .45
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: RJ on May 07, 2006, 09:46:40 PM
Quote from: ultra1066 on May 07, 2006, 03:55:38 PM
I like the chart and the growth in fundamentasl. I'm a buyer on Monday. I remember when 3sof first had this one, it was trading sideways, but I think we're poised for a runhere at least to .45

Ultra.......haveing gotten attached as several of us have on a few of these "pennies"..................I will only quote the great "ELITE"......never fall in love and take the profits quickly.........they are pennies  fora reason...say it three times.............take the profits quickly........................  :o
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: echo on May 07, 2006, 10:12:11 PM
QuoteUltra.......haveing gotten attached as several of us have on a few of these "pennies"..................I will only quote the great "ELITE"......never fall in love and take the profits quickly.........they are pennies  fora reason...say it three times.............take the profits quickly........................  Shocked


I hear ya, RJ. But I'm not really fallin in love 8). I'm not even mentioning multi bagger or anything like that. I just think it can run to .45 and then I would sell. I usually don't hold stocks for too long (not even the non pennies (non pennies, is that a valid term ???)). Good luck and good trading ;D.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: catrader on May 09, 2006, 12:42:30 PM
getting close to 0.45, sdo you think that is the summit or it can go right by that too?  Tilapia business, in california at least, stocked in all chinese supermarkets.  Don't know if they from from hqsm.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: RJ on May 09, 2006, 12:59:24 PM
Nice call ULTRA....
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: echo on May 09, 2006, 11:36:17 PM
Quote from: RJ on May 09, 2006, 12:59:24 PM
Nice call ULTRA....

Yes, HQSM is coming up to form the right side (ascending side) of the cup. I would like to see a little more volume but none the less the volume is picking up slightly as we head up. The handle would be next and then....watch out.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: echo on May 09, 2006, 11:38:26 PM
sorry forgot the chart:

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: echo on May 10, 2006, 06:54:56 AM
If the cup forms (i think it will) it would reach .45 or so. Then it would consolidate ( I would sell ) heading slightly down for days or a few weeks (the handle would form). After that I would put a buy order above that consolidation to comfirm a breakout.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: Kublakhan on May 16, 2006, 11:41:27 PM
QuoteHQSM Reports First Quarter Revenues Double
Monday May 15, 3:33 pm ET

First Quarter Sales in Excess of USD 6.8 Million


SEATTLE, WA--(MARKET WIRE)--May 15, 2006 -- HQ Sustainable Maritime Industries, Inc. (HQ) (OTC BB:HQSM.OB - News), a leader in zero-toxin integrated aquaculture and aquatic product processing, announced today its financial results for the first quarter ended March 31, 2006, as reported in its Form 10-QSB filed with the Securities and Exchange Commission on May 15, 2006.

ADVERTISEMENT
Revenues for the quarter were $6,885,340, an increase of $3,868,454, over the $3,001,886 reported for the first quarter in 2005. In addition, gross profits increased by more than $2.5 million.

One-time financing costs from the sale of convertible debentures completed January 25, 2006, contributed approximately $445,000 to a net loss for the quarter of ($832,180).

Said Norbert Sporns, CEO of HQ, "We are pleased with the results of this quarter. The roll out of our marketing and branding initiative from our recently established Head Office in Seattle, and strong interest expressed during the recent European Seafood show in Brussels for our new 'TiLoveYa' ® zero-toxin Tilapia brand, positions our company well for the future."

About HQ Sustainable Maritime Industries Inc.

HQ Sustainable Maritime Industries Inc. is an integrated aquaculture and aquatic product processing company, with operations based in the environmentally pristine island province of Hainan, in the South China Sea. HQ practices cooperative sustainable aquaculture, using nutraceutically enriched feeds and conducting fish processing and sales. The company is dedicated to sustainable zero-toxin methods giving its customers the purest products possible. The Company holds HACCP certification from the U.S. FDA and the EU Code assignment of quality, permitting its products to be sold in these international markets. It has recently acquired a nutraceuticals and health products company, which is HACCP certified, and produces and sells products subject to stringent laboratory tests certified by the China Ministry of Health. This plant produces nutraceuticals, which enrich feed used by HQ's cooperative aquaculture operations. In addition to headquarters in Seattle and operational offices based in Haikou, Hainan, HQ has offices in Hong Kong, Beijing, and Shanghai. (http://www.hqfish.com).

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of HQ Sustainable Maritime Industries, Inc. (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."

Consulting For Strategic Growth I, Ltd. ("CFSG") provides HQ Sustainable Maritime Industries, Inc.(HQ) with consulting, business advisory, investor relations, public relations and corporate development services, for which CFSG receives a fixed monthly fee for the duration of the agreement. Independent of CFSG's receipt of cash compensation from HQ, CFSG may choose to purchase the common stock of the company and thereafter sell those shares at any time it deems appropriate to do so.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                FOR THREE MONTHS ENDED MARCH 31, 2006 AND 2005
                                 FOLLOWS

           HQ SUSTAINABLE MARITIME INDUSTRIES, INC. AND SUBSIDIARIES
                    (INCORPORATED IN THE STATE OF DELAWARE
                           WITH LIMITED LIABILITY)
                 CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                               (UNAUDITED)

                                               Three Months Ended
                                        March 31, 2006       March 31, 2005
                                          -----------          -----------

SALES                                     $ 6,885,340          $ 3,016,886

COST OF SALES                               4,353,455            1,299,166
                                          -----------          -----------

GROSS PROFIT                                2,531,885            1,717,720

SELLING AND DISTRIBUTION EXPENSES              69,168               40,608

ADVERTISING                                 1,112,735            1,000,819

GENERAL AND ADMINISTRATIVE                  1,003,470              626,941
EXPENSES

DEPRECIATION                                  234,448              240,272


(RECOVERY) / PROVISION FOR DOUBTFUL
ACCOUNTS                                     183,930               38,352
                                          -----------          -----------

PROFIT / (LOSS) FROM OPERATIONS               (71,866)            (229,272)

FINANCE COSTS (*)                             605,877               91,708

OTHER EXPENSES                                 36,167               67,126

PROFIT / (LOSS) BEFORE INCOME TAXES          (713,910)            (388,106)

INCOME TAXES
   CURRENT                                     83,385               32,819

   DEFERRED                                    34,885               17,043
                                          -----------          -----------

NET LOSS ATTRIBUTABLE TO SHAREHOLDERS     $  (832,180)         $  (437,968)
                                          ===========          ===========

NET PROFIT PER SHARE                      $     (0.01)         $     (0.00)
                                          ===========          ===========

WEIGHTED AVERAGE COMMON SHARES
OUTSTANDING                              116,803,336           96,194,971
                                          ===========          ===========


(*) Financing costs increased to $605,877 from $91,708 for the three months
    ended March 31, 2006 as compared to the corresponding period of the
    previous year, an increase of $514,169. The increase was due to a
    combination of additional financing costs arising from the notes of
    $5,250,000 issued during the current quarter, and a reduction in
    interest costs on bank loans reimbursed in the period from April 1,
    2005 to March 31, 2006. In accordance with US GAAP, the company
    recognized the financing cost related to the future conversion of
    warrants attributed in the first quarter of 2006 to the new investors
    in the Company; that financing cost amounted to approximately $445,000.

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: 422fwhp on August 11, 2006, 11:19:06 PM
HQ Quarter Revenues Up 47%; Six-Month Revenues Up 73%


http://biz.yahoo.com/iw/060811/0153484.html

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: 422fwhp on August 14, 2006, 11:13:36 PM
woot
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: 422fwhp on August 23, 2006, 10:15:33 PM
steadily movin...
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: 422fwhp on August 24, 2006, 07:18:03 PM
OFF WE GO...

comments welcome.

:o
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: JKN on August 25, 2006, 07:55:16 AM
I've been holding this one since last year.  I don't have a large position so I've just let it ride.  It needs some more volume and a break of .41, then .45 with momentum to move up into the range of last years highs. 

Fundamentally, HQSM is better off than ever, some solid new developments in the sales side, increasing tilapia sales in the whole sector, and a cooperative agreement with some growers.  The feedmill construction in Hainan worries me that it may bring some dilution (I hope they borrow the cash instead) but it won't be a killer and may bring an opportunity to add.

I really like this equity, they don't hype, its not terribly volatile (doesn't seem to be a day trader stock), and there is a solid base around .30 that is a great accumulation range.  If it goes back below .32, I'll most likely add.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: 422fwhp on September 04, 2006, 10:23:26 AM
Tell me more about these "three magic lines"....where's Terliso?

May be coming back down to test breakout levels at .32/.33   I would definately be adding there if it does.  Other comments welcome.

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: 422fwhp on September 17, 2006, 08:03:37 PM
added to my position...

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: 422fwhp on September 18, 2006, 05:48:38 PM
<snip>
TO OUR STOCKHOLDERS:

NOTICE IS HEREBY GIVEN that the following action was taken pursuant to a Written Consent of the Majority Stockholders of the Company:



  1. We effected a reverse stock split at a ratio of least 1-for-10, and up to 1-for-20, subject to the definitive board action approving the exact ratio to be taken within the next 90 days, of our issued and outstanding common stock and retained the current number of authorized common stock and preferred stock reflected in our Certificate of Incorporation. 

The Board of Directors has fixed the close of business on September 25, 2006, as the record date for determining the stockholders entitled to Notice of the foregoing.

The Company has asked brokers and other custodians, nominees and fiduciaries to forward this Information Statement to the beneficial owners of the Common Stock held of record by such persons and will reimburse such persons for out-of-pocket expenses incurred in forwarding such material.

<snip>
-------------------------



...that doesn't sound good and the stock reflected so today :(  down 12.5%

Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: bocasva on November 06, 2006, 10:34:44 AM
This looks like significant news and at .26 the risk/reward ratio is very attractive......

Record Third Quarter Revenues for HQ Sustainable Maritime Industries, Inc
http://biz.yahoo.com/iw/061106/0180518.html
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: bocasva on November 06, 2006, 11:45:45 PM
My .26 support entry still did the trick on HQSM today....I expect momentum to build from now on until actual numbers are released.  Good volume, can't complain about that.
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: bocasva on November 08, 2006, 10:52:57 PM
2 black candlesticks in a row, well at least volume kept up today....maybe once it fills the gap to .275 together with a touch of the 9ema it can move back up...
Title: Re: HQSM.OB poised to double, or more. And may take off any day.
Post by: nullzero on December 06, 2006, 01:10:12 PM
HQSM trading at .20s it may be near a bottom. Could be a good bottom fishing play.
Title: Re: HQSM.OB
Post by: setravis on December 06, 2006, 01:18:17 PM
"HQSM.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.   ;D 
All history on a stock pick in 1 thread is awesome.    ;)

Thank You....and good luck with all your trades....make some $$$    8)
Title: Re: HQSM.OB...is no longer valid. It has changed to "HQS"
Post by: setravis on August 08, 2007, 06:31:38 PM
Changed Ticker Symbol

HQSM.OB  is no longer valid. It has changed to "HQS"

The stock now trades on the AMEX.......
On May 17, 2007, HQ Sustainable Maritime Industries, Inc. begin trading on the American Stock Exchange under the symbol "HQS."
I think it was a 1/20 reverse split.


Therefore this thread will be moved to the Stock Picking Board