HQ Sustainable Maritime Industries Inc. (NASDAQOTH:HQSM)

CAPS Rating: 4 out of 5

This China-based company farms marine products, primarily tilapia and white-legged shrimp, and also produces and sells marine bio-products such as shark cartilage capsule, shark liver oil, and shark liver.

Recs

6
Player Avatar rwebankrupt (78.36) Submitted: 12/20/2010 10:45:25 PM : Underperform Start Price: $4.39 HQSM Score: +160.36

Is this a public company or a family reunion?
Forgot to tell shareholders their plans and direction on the conference call
Need to move the family from Seattle to California because it will help their business grow in China
It cost them 45 million to raise 10 million.They think they need 95 million to sell franchises
They think samples and gifts are accounts receivables.
Went from over $9 to under $3 in less than one years time
Went from raising fish to selling fish to making fish feed to selling fish feed to making health food products to selling health food products to selling franchises but giving that to do an IPO in Hong Kong cause Hong Kong better understands their business.
Love to know the name of one director whether it be sister, husband, brother-in-law has a 3 year beauty background to qualify for that Hong Kong IPO?
Better yet when will you board of directors look like this?
http://agrimarine.com/corporate/board-of-directors

Member Avatar jerseytix (30.71) Submitted: 2/5/2011 5:18:06 PM
Recs: 0

Other than that, a good stock, though, right? :)

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