Petar Ilievski

Quadrant 4 Systems Corp (PINK:QFOR) And Its Constant Ups and Downs

by Petar Ilievski June 14, 2011

  • $8 million in total current assets;
  • $13.8 million in total current liabilities;
  • $3.5 million in deficit;
  • $5.4 million in revenues;
  • $167k in net loss;

Nothing particularly extraordinary in the above figures. But, at a second glance, some peculiar facts come into place. For example, the total current assets are actually comprised of $8 million in accounts receivables and $5.2k in cash. Quite interesting position. Another interesting comparison might be the revenues. Five millions in the first three months of 2011, $11k for the first three months of 2010. Booming development indeed. The question is - if a company is able to increase its sales in such a rapid manner, why is there barely any interest in its stock.

In terms, the above makes QFOR just another pink sheets enterprise, surrounded by uncertainty and risk. Whether greater risk comes with greater profits in this particular case, it is yet to see.

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