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Is this good news or a diversion from the money-making acquisitions?
The funding allows for the purchase of companies that will provide self-sustaining revenue...which QASP doesn't have.
It's just like any other investment...you have to INVEST $$$ to make money.
Yes...an important point people seem to be overlooking...or ignoring.
Actually, he said the A/S will not increase - but did say that if he had to increase the A/S as a stipulation for receiving funding...he would.
That didn't sit well with me (so we reaise the A/S with promise of funding, and funding never comes).
That makes me nervious seeing here what I have seen already.
All imo.
um...no.
...like flint...or flynt...or flynn...whatever.
He's not going to announce anything is closed, imo.
That's just not going to happen, imo.
I agree, but results are usually PR'ed first.
I doubt that Dean will have a big announcement for a conference call. He has used these calls to update shareholders, which I think is what he will do today.
In saying that, there is ALOT of updating he needs to do with us...but I'm not expecting a big announcement.
However, we should get ALOT of information today based on him updating on what went wrong, how he's fixing it, what he expects, and when we'll see results.
Information is a good thing, but don't expect a slam-dunk.
What conference call? Is there one scheduled?
You better be praying real hard.
You can't be serious.
So, Dean, you're back in town.
How about a conference call?
Morris didn't say RIGHT NOW. He knows he's not there yet.
Based on his communications, there's some things in the pipeline coming through the end of this year...after that, he will THINK if it's the right time to uplist.
It may be, it may not be. But he never said he's doing it now.
HELLO PEOPLE!!!!
He's not going to introduce the new COO without closing the acquisitions!!!! The whole time he hasn't divulged the names of the acquisitions, but now, before they are even acquired, he's going to name the new COO from the acquisition company?
Wouldn't it be pretty easy to find the acquisition company if we knew the name of the guy who runs it?
Don't expect a name anytime soon.
And what good would this do for us?
Yeah, but didn't he get paid hansomely for work that didn't pan out? Might as well do it again. Who cares if it doesn't work out...he's making a killing however.
ZZZZZZZZZ
Yeah...could be related. Hopefully part of her recommendation is to sign up Mineseeker for some landmine removal.
Can anyone confirm that the Croatia trials actually begin tomorrow?
Can the train detect landmines AND land on water?
How current is the biography (was it recently made)? \
Seems branson may still have an interest if it's a recent production.
Means nothing...MMs will bring it down or keep it UNCH.
If Mineseeker is valuable and important to Dean, how come we don't know the dates and details of the trials in Croatia? You'd think he'd be excited about something like that.
Conference call...that's funny.
Which is great for Mineseeker...not so good for QASP if we don't have controlling interest.
Because they likely sold and hit the road.
WTF? I'm confused???
Did Newby have to give some back for screwing up?
None of this makes any logical sense.
A nice surpirse would be a recorded message from Dean on the website answering ALOT of questions.
A ton of money made for who? Not us...we don't have controlling interest.
It's been a depressing week, y'all.
However, it's time for me to exit this board until Tuesday and celebrate this great country. I suggest each of you do the same.
Happy and safe celebrating to all...I hope this thing works out for us.
Would be interesting to know if any "insiders" sold last week knowing this would happen.
I wonder if Dean still has the shares he bought on the open market.
What if the financing doesn't go through?
Then what is the upside to this company?
I still find it hard to believe that these acquisitions are just sitting there waiting to be bought.
Yes, that is what Newby told everyone...is that the truth?
That's the part where Newby comes into question...not only his qualifications, but his sincerity and self-awareness of what he can actually do.
It is a big deal. The more you're declined for funds, the less likely it is you'll receive them from somewhere else.
We're fighting an uphill battle here...and I don't think there is anyone here who has that much confidence in Newby.
So you're saying they will back out of their agreement with MS if the trials don't go well? Sounds like something Deano would do.
Whatever happened to the 2 acquisitions "to be named later." What are they?
So won't the new lender just come back with the same answer the original lender did?
Seems like they're trying the same approach that didn't work...just with a different lender.
Doesn't really mean much if we can't afford to buy the controlling interest, does it?
C'mon man...it's dead. There's no $350M
Question from Financing PR:
It looks like the financing was declined because the collateral was not efficient enough...they wanted to see more cash.
But then it looks like they are using the same gameplan with another bank (using assets as collateral)...isn't this bank just going to say the same thing?
I guess what I don't understand is how they can pay all of these fees upfront and then they don't get the loan...what exactly are they paying for then? Do they get their money back if they aren't funded?
Seems odd to me. Am I missing something?