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no body asked the CEO about it?
is tigerfish still in play with the merger.
I still see it in the IBOX. Not sure. Looks like Mineseeker is still on?
well you refer to them as "smart money" or I say flippers.
I agree I was a bad flipper with a loss. Nice to see you sold and are riding in free shares.
the issues with new money is lot of legal mess here. Nothing is clear. Take into account the Opp cost's with other penny stocks.
220 million volume.
COmpany dumping shares. Get out . R/S announcment soon.
soon r/s coming
big dumps.
but look at the voulume today. A big Dump. Bigger than my morning dump.
I am left with some 4.5 million shares from the Dean days of flipping. QASO turned out to be a 18% loss for me insipte of flipping it. while I hope some thing magical happens and I break even, I am against to putting in new money /averaging down etc.
Remember that a lot of the "smart people" also beleived Dean.
we need to be carefull that NEW MONEY is not lost.
I see the point that "A shell with a maxed out O/S, no assets and debt. " is not what everybody wants. But at the same time we dont want the same thing that happened with Dean to happen again.
We all beleived when Dean said about the loan about the companies he plan to buy and look what happened.
In pinky land its better too question and ask for proff.
We all know there are many paid "pumpers" and paid "bashers" in this board.
company dumping shares. Dilution
any body call the company?
would be nice if the CEO could explain this volume?
"I have to take an opposing view to try to bring some rationality to this discussion."
Good one. This board lacked it. Nice to see people like you.
has any body asked the CEO what are the patents they hold?
just dont want to see a Junior Dean in the making?
.0005 yet?
dont they hold a lot of patents? Not sure what the patents are
But I suppose they bring miliions in revunue...
I agree. Waiting to read it. I am not going to judge till then.
whats with the 60M?
sure. let you knwo what you propose?
the question why did they choose QASP with all this trouble and risk legal issues.
They can choose Jeff's other clean shell right?
yeap. Need a lot more volatility for it.
RxPC Inc. (RXPC) went Private and guess what happened to shareholders?
I would go with Jeff.
its like asking 1) die by injection
Or 2)Die due to starvation.
BTW in the good old days I was "KINGSTOCK". The was lot of Plays with Deans PR's for the shorts. WIth each PR every month, the SHorts had a lot of fun. is TAKI gone ?
I remeber the good old days. 1 dollar in Septemeber.
its like pick you poison.
They prefer Jeff to Dean .
I get the clear Picture. Most feel its better with Jeff and are not concrned about fine details of the merger becuase anything is better than the previous state.( choosing the lesser posion pill).
what are the patents held by the company and affiliates?
just reading thor this and matches with what you are saying.
CENTAFLIX or its shareholders will receive all of the issued and outstanding shares of Preferred Class A Stock and seventy-five percent (75%) of the issued and outstanding shares of common stock of the surviving corporation, and (vi) all of the shares owned by the existing shareholders of QUASAR shall be converted, in the aggregate, into twenty-five (25%) of the issued and outstanding shares of the surviving corporation.
This will result in the current shareholders being diluted by 75% and keep the preferred which represent 75%, in tact. This means shareholders will have six percent of the newco and still have all the debts in place.
got a respose for my question from a poster.
Here ae the current terms of the proposed merger as I understand them:
CENTAFLIX or its shareholders will receive all of the issued and outstanding shares of Preferred Class A Stock and seventy-five percent (75%) of the issued and outstanding shares of common stock of the surviving corporation, and (vi) all of the shares owned by the existing shareholders of QUASAR shall be converted, in the aggregate, into twenty-five (25%) of the issued and outstanding shares of the surviving corporation.
This will result in the current shareholders being diluted by 75% and keep the preferred which represent 75%, in tact. This means shareholders will have six percent of the newco and still have all the debts in place.
It looks like people are so desperate that they will take any terms. looks like Dean and CO left the shareholders to the state in which, terms dont matter.
I see a lot of support for the merger. Can some body post the merger terms?
what are the merger terms? Can some body post them?
we open with a big gap tomm if the interview confirms that those shares will be brought back from the open market.
the live interview at 5 p.m should talk about the Fraud of stock dumping?
halted and open with a gap?
2B commmon shares
part 1 going on now.
he is talking about the 4G expansion and the new business it brings