Last $0.0001 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 01/9/15 All times are local (Market data is delayed by at least 15 minutes).

qsgi inc (QSGI) Snapshot

Open
$0.0001
Previous Close
$0.0001
Day High
$0.0001
Day Low
$0.0001
52 Week High
05/22/14 - $0.01
52 Week Low
01/9/15 - $0.0001
Market Cap
23.2K
Average Volume 10 Days
0.0
EPS TTM
$-0.03
Shares Outstanding
232.1M
EX-Date
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P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for QSGI INC (QSGI)

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qsgi inc (QSGI) Details

QSGI Inc. engages in green technology, technology asset management, new product sales, used product remarketing, enterprise maintenance, spare parts sales, end of lifecycle management, hard drive destruction and data erasure, e-waste disposal, and green recycling operations. It also collects e-scrap/surplus information technology (IT) equipment, such as ATMs, computers and related scrap, data storage devices, desktops, electronic scrap, fax machines, laptops, mainframes, memory devices, mid-range servers, networking gear, peripherals and parts, photocopiers, point of sale systems, printers, projectors, routers and switches, scanners, server racks, storage arrays, telephony equipment, and UPS. The company also sells new and used computers, parts, and accessories; and provides secure onsite data erasure or data destruction, data center maintenance, asset auditing and de-tagging, certification and indemnification, data center maintenance, data destruction, degaussing, EMC maintenance, enterprise hardware, erasing of hard drives, hard drive shredding, IT asset management, laptops, lease return management, leasing audit depot, mainframes, midrange servers, network gear, online reporting, onsite data destruction, PC retirement to offset expenses, refurbished computers, remarketing and revenue sharing, regulatory compliance, responsible disposal, secure data destruction, tape and hard drive degaussing, and tape shredding solutions and services. It serves the needs of Fortune 500 corporations, original equipment manufacturers, leasing companies, privately held businesses, individual consumers, and other large organizations, including banks, insurance companies, brokerage firms, healthcare organizations, major manufacturers, retail conglomerates, and government entities in the United States. The company was founded in 2001 and is based in West Palm Beach, Florida.

10 Employees
Last Reported Date: 06/23/11
Founded in 2001

qsgi inc (QSGI) Top Compensated Officers

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Executives, Board Directors

qsgi inc (QSGI) Key Developments

SEC Revokes Registration Of Registered Securities Of QSGI

An Administrative Law Judge has issued an Initial Decision of Default as to QSGI Inc. The Initial Decision found that the company was issuer of securities registered pursuant to Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act), and the company failed to comply with Section 13(a) of the Exchange Act and Exchange Act Rules 13a-1 and/or 13a-13 by not filing required periodic reports with the Securities and Exchange Commission (SEC). The Initial Decision finds these allegations to be true and revokes the registration of each class of the company’s registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934.

SEC Orders Hearing On Registration Suspension Or Revocation Against QSGI Inc. For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of QSGI Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.

QSGI Inc. Announces Resignation of David Meynarez, Chief Financial Officer and a Director

Effective from August 6, 2014, QSGI Inc. accepted the resignation of David Meynarez as Chief Financial Officer and a Director of the company tendered originally on July 16, 2014. Mr. Meynarez has advised the company that he has taken a position with another company. The company will commence efforts to employ a successor Chief Financial Officer and in the interim will rely upon an outside accounting firm to provide internal financial support to RBSM LLP in order to come current with respect to all required SEC filings.

 

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Price/Sales 0.0x
Price/Book 0.0x
Price/Cash Flow 0.3x
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