Last $0.0050 USD
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As of 8:10 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

qsgi inc (QSGI) Snapshot

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52 Week High
01/28/14 - $0.02
52 Week Low
10/17/13 - $0.0030
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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

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qsgi inc (QSGI) Key Developments

Qsgi Inc.'S Board Appoints D'Arelli Pruzansky, P.A as Independent Registered Public Accountant

Effective May 27, 2014, the Board of Directors of QSGI Inc. engaged D’Arelli Pruzansky, P.A. as the Independent Registered Public Accountant to audit QSGI’s financial statements for the fiscal year ended December 31, 2011 and any interim periods and contemporaneously dismissed Morison Cogen LLP. During the two most recent fiscal years and any subsequent interim period, QSGI did not consult with D’Arelli Pruzansky, P.A. or any of its members about the application of accounting principles to any specified transaction or any other matter.

QSGI, Inc. Announces Board Changes

QSGI, Inc. announced that the company received notification that Benee Scola had tendered her resignation from the board of directors of the company. Her decision was for personal reasons and did not involve any disagreements with the company, management or the board of directors. On September 6, 2012 the company appointed Jason Bodnick to the board of directors. Mr. Bodnick has been a founder and officer in private companies serving the real estate, packaged goods, and retail technology markets for the past 20 years. Presently, Mr. Bodnick is a Partner and Managing Director at Gross Capital Partners, LLC. From 2008 to 2010, Mr. Bodnick was Vice President of Centurion Credit Management. Mr. Bodnick also co-founded and served as a Managing Director of Premium Asset Management.


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Valuation QSGI Industry Range
Price/Earnings 2.1x
Price/Sales 0.1x
Price/Book 1.0x
Price/Cash Flow 15.6x
TEV/Sales 0.2x

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