Quarta Rad Inc (ID) (QURT)

QURT($1.05)...item from the Q3 filing......

15.7M outstanding
392K unrestricted
215K DTC

I picked up some shares today at 95 cents. Possible indication in the last quarterly filing that management might be interested in moving in a different direction by spinning off its current operations. The language in the item below is a little bit odd to me, so I am not entirely sure if they intend to do a reverse merger with an unrelated third party or whether they have another business direction of their own they wish to pursue in the public entity.

The current majority shareholder is currently funding operations. During October 2024, the Company is exploring plans to potentially distribute its current operations of both Quarta-Rad and Sellavir and use the company to support operations in alternate services lines.

https://www.otcmarkets.com/filing/html?id=17974103&guid=370-kab-oXWWJth

QURT volume again, someone trying to build position under radar?

QURT getting some volume dollarsville in sight 391K floater

OTC Updates, [9/15/2022 4:09 AM]
?? $QURT

??0.1009
(https://www.tradingview.com/symbols/QURT/?offer_id=10&aff_id=29379)Pink Current, AS: 50M, OS: 15M, US: 391K

Tier Updated:
?? Pink Limited Information
?? Pink Current Information

???Delinquent SEC Reporting Badge Removed

Chart (https://www.tradingview.com/symbols/QURT/?offer_id=10&aff_id=29379), OTC Profile (https://www.otcmarkets.com/stock/QURT/security), Twitter (https://twitter.com/search?q=$QURT&src=typed_query), @otcupdates

Update: 2022-09-15 08:09:37 (UTC)

FintelAlerts
@FintelAlerts
·
16h
$QURT / Quarta-Rad files form 10-K
fintel.io
QURT SEC Filings - Quarta-Rad Inc - Annual Report, Proxy Statement, Prospectus

https://quartarad.com/

QURT SECURITY DETAILS
Share Structure
Market Cap Market Cap
4,921,004
05/17/2022
Authorized Shares
50,000,000
05/17/2022
Outstanding Shares
15,674,483
05/17/2022
Restricted
15,283,103
05/17/2022
Unrestricted
391,380
05/17/2022
Held at DTC
215,230
05/17/2022

https://t.me/otcupdates/25092

interesting here https://www.instagram.com/quartaradinc/

QURT~~Valuation Ratios
Price/Earnings

(TTM)409.00xPrice/Sales

(TTM)25.68xPrice/

Book (MRQ)136.91xPrice/

Cash Flow (TTM)--

QURT~~FLOAT 326.1K ~net revenues increased $150,971 or 72.11% to $360,321 for the three-months ended September 30, 2017 compared with $209,350 for the three-months ended September 30, 2016. The increase in revenues was due to an increase in the sales of our RD1503 model, and a strong demand in the U.S. market.

Net Income (loss). Our net income increased by $110,695, to a net income of $100,731 for the nine-months ended September 30, 2017 compared to a net loss of ($9,914) for the comparable period in 2016. The increase is primarily due to an increase in revenues.



https://backend.otcmarkets.com/otcapi/company/sec-filings/12384814/content/html

In November 2011, the Company issued 1,200 pre-split common shares to Victor Shvetsky, our chairman, chief executive officer and secretary, for services rendered in our formation and organization valued at $1,200 or $1.00 per share and 300 pre-split common shares to Alexey Golovanov, our president for services rendered in our formation and organization valued at $300 or $1.00 per share transactions that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) in reliance on Section 4(2) of the Act. On July 16, 2012, amended our certificate of incorporation and increased our authorized shares from 1,500, no par value to 50,000,000, $0.0001 par value and effected a 10,000 to 1 forward split. On February 4, 2015, we filed a Certificate of Correction to our Certificate of Amendment to Certificate of Incorporation to correct it, which left out the 10,000 to 1 forward split, which our shareholders and board approved on June 29, 2012. Accordingly, Mr. Shvetsky now owns 12,000,000 shares and Mr. Golovanov owns 3,000,000 of our shares.

QURT~~FLOAT [color=red]326.1K[/color~net revenues increased $150,971 or 72.11% to $360,321 for the three-months ended September 30, 2017 compared with $209,350 for the three-months ended September 30, 2016. The increase in revenues was due to an increase in the sales of our RD1503 model, and a strong demand in the U.S. market.

Net Income (loss). Our net income increased by $110,695, to a net income of $100,731 for the nine-months ended September 30, 2017 compared to a net loss of ($9,914) for the comparable period in 2016. The increase is primarily due to an increase in revenues.



https://backend.otcmarkets.com/otcapi/company/sec-filings/12384814/content/html

In November 2011, the Company issued 1,200 pre-split common shares to Victor Shvetsky, our chairman, chief executive officer and secretary, for services rendered in our formation and organization valued at $1,200 or $1.00 per share and 300 pre-split common shares to Alexey Golovanov, our president for services rendered in our formation and organization valued at $300 or $1.00 per share transactions that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) in reliance on Section 4(2) of the Act. On July 16, 2012, amended our certificate of incorporation and increased our authorized shares from 1,500, no par value to 50,000,000, $0.0001 par value and effected a 10,000 to 1 forward split. On February 4, 2015, we filed a Certificate of Correction to our Certificate of Amendment to Certificate of Incorporation to correct it, which left out the 10,000 to 1 forward split, which our shareholders and board approved on June 29, 2012. Accordingly, Mr. Shvetsky now owns 12,000,000 shares and Mr. Golovanov owns 3,000,000 of our shares.

QURT~net revenues increased $150,971 or 72.11% to $360,321 for the three-months ended September 30, 2017 compared with $209,350 for the three-months ended September 30, 2016. The increase in revenues was due to an increase in the sales of our RD1503 model, and a strong demand in the U.S. market.

Net Income (loss). Our net income increased by $110,695, to a net income of $100,731 for the nine-months ended September 30, 2017 compared to a net loss of ($9,914) for the comparable period in 2016. The increase is primarily due to an increase in revenues.



https://backend.otcmarkets.com/otcapi/company/sec-filings/12384814/content/html

QURD~~Revenues. Our net revenues increased $150,971 or 72.11% to $360,321 for the three-months ended September 30, 2017 compared with $209,350 for the three-months ended September 30, 2016. The increase in revenues was due to an increase in the sales of our RD1503 model, and a strong demand in the U.S. market.

QURT~~https://quartarad.com/a-dangerous-disease/

QURT~~https://quartarad.com/news/

QURT~~https://quartarad.com/product-category/radiation-detector/

QURT~~QuartaRad is a manufacturer and world-wide distributor of radioactivity detection equipment and air quality measurement instruments.