HQS

[422fwhp]

Agree.  Looks time to make some more money on this one.

I <3 talipia.

[nullzero]

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.

[echo]

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

[RJ]

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........................ 

[echo]

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........................  Shocked

I hear ya, RJ. But I'm not really fallin in love . 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 .

[catrader]

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.

[RJ]

Nice call ULTRA....

[echo]

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.

[echo]

sorry forgot the chart:

[echo]

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.

[Kublakhan]

HQSM 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.

[422fwhp]

HQ Quarter Revenues Up 47%; Six-Month Revenues Up 73%


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

[422fwhp]

woot

[422fwhp]

steadily movin...

[422fwhp]

OFF WE GO...

comments welcome.