took a big hit today no clue why, will do some dd later on.
down as much as 44%+ at .0014, d\l was .0013, was up to .0026 but got knocked down around 11 am.
Last Price Today's Change Bid (Size) Ask (Size) Volume Trade
0.0014 -0.0011 (-44.00%) 0.0013 x5,000 0.0015 x5,000 7,175,600
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there was news today mentioned on
Today's News
January 10, 2008
9:46 AM Beacon Research Issues TraderNotes on BSRC, BOLV, QTEK, AVNX, CHTR PR Newswire
company web site
http://www.quintek.com/
maybe bankruptcy? dunno, not telling anyone to buy because i don't know the story.. just keep an eye out it might recover.
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Off another board
Business Summary
QUINTEK TECHNOLOGIES INC (OTCBB: QTEK) is the only manufacturer of a desktop microfilm printer. The company currently sells hardware, software and services for printing large format drawings such as blueprints and CAD files (Computer Aided Design) directly to microfilm. Quintek does business in the content and document management services market, which IDC forecast to grow to $24 billion by 2006 at a combined annual growth rate of 44%. Quintek targets the aerospace, defense and AEC (Architecture, Engineering and Construction) industries.
Quintek's printers are patented, modern, chemical-free, desktop-sized units with an average sale price of $50,000. Competitive products for direct output of computer files to microfilm are more expensive, large, specialized devices that require constant replenishment and disposal of hazardous chemicals.
For ten years, Quintek has been selling its patented "Aperture Card" printers to Fortune 1000 customers such as Boeing, TRW, PG&E, Lockheed, Zenith, GTE, Westinghouse, Whirlpool and Federal and State customers such as Caltrans, NASA and the U.S. Navy.
For more than 50 years, microfilm in the form of Aperture Cards, has been the easiest and most cost efficient method for transmitting and archiving large-format engineering drawings. Since the 1990's, CAD technology has all but replaced traditional methods of drafting. With the arrival of low-cost digital imaging, high-speed Internet and document management technologies, a common belief developed that the microfilming of engineering drawings would be completely replaced by these new technologies. This has not been the case.
Electronic Digital Imaging and Document Management are now mature technologies that are widely available. However, there are some parts of the document lifecycle where Microfilm remains the most efficient and economical solution. Microfilm remains the best solution for archival of large format drawings. Microfilm is cheaper, faster and more reliable than digital systems for distributing drawing revisions during manufacturing and construction.
Investor Information
http://www.irconnect.com/qtek/