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There has always been a washout before the next big run...timing is everything...
Makamai
I think it will just be the beginning of the story, not the end; and I feel we will all be amazed what the Deanmiester has cooked up for us right off the bat...
Makamai
Manti - first time today I noticed MM "MURF" Murphy and Durieu on the bid and ask at closing. At least we closed green today...
Makamai
That's OT for this forum..In case you forgot this is the Magnum d'Or Resources board...
Makamai
Tommy, shareholders directly benefit when financials are reported. Remember that earnings per share is calculated by dividing the company's profit by the number of shares outstanding. If the lender receives fewer shares then there is a good chance that the EPS will be higher all other things remaining equal such as Dean doesn’t increase the O/S for other reasons.
Makamai
Future - it's not IF they get the money, it's only when, and with Mark Lundquist driving it, it will be sooner than later....This just means some folks will still have a few more days to buy some cheap shares. However as Banker says, stupid right now to try and flip knowing the funding NR could come out at any time.
Makamai
Anything is possible, however once the funding is announced, what the O/S is won't make any differernce to the SP believe me!!
Makamai
I'm just wondering what "a substantial reduction in the QASP equity" will amount to since it was 40% up until now?
Makamai
Don't hold your breath that the A/S will be lowered. No problem with it where it is IMO. Dean has committed to reducing the O/S which will tighten up the float and that's what will move this stock. If the O/S goes up temporarily that's just taking care of business.
Makamai
Cat - only 5 trades in the last 1/2 hour - not much of sell off if you ask me - proof that the market in general looks favorably on this NR. Although for those of us that have been in this stock for a long time, it is somewhat frustrating, however knowing that the company won't have to pony up 40% of the O/S now but something less is just compensation for the wait especially for the dedicated longs.
Makamai
Brikk - I'll be making that call...
Makamai
Solution - You used "accurate" and "speculation" in the same sentence - There are NRs for the first 4 acquisitions that indicate anticipated revenues (see the IBox). However Mineseekers alone could easily top the first 6 acquisitions revenue - so to answer your question NO, at this point in time it's too early to "accurately" determine a valuation for the company. However I suspect there will be analyst coverage very shortly that will make a stab at it.
Makamai
Soon Brick there will DANCING IN THE STREETS when QASP breaks:
You claim to be an intelligent guy - I'll let you figure that one out.
Makamai
I could certainly could deal with that - it would certainly help me overlook the fact that it's tax day (lol)
Congrats to both of you - hope you can restore a little sensibility to this board and take it out of the hands of the bash...I mean bears. This company is the real deal. It has taken longer than planned to get to this point as financing is difficult to come up with in this present business environment/economy. However once contracts for powders and compounds are announced, and financials show some decent income MDOR will become a leader in its field and the SP will rise considerably from present levels to reflect that.
Makamai
You called it right, that's for sure and what a hammer it is...
Makamai
That would be the best one ever - that's for sure
I second that motion - my birthday is next week...
Makamai
With a single blow ROFLMAO....
I think we'll find out real soon just how tight the float really is... and it will only get tighter as most longs will be waiting for much higher numbers before parting with any shares.
Makamai
Definitely!!
A big AMEN to that Bigdogs and by the way, those who laugh last, laugh best...and the longs will be laughing very soon all the way to the bank.
Makamai
Aloha Disquisition - good to see you back again. I think the sun will soon be shining on both Makakilo and Kapolei in a big way...
Makamai
ICUC's prediction of the stock breaking to the downside, was an uneducated guess by him, based on his interpretation of his chart and shows both his lack of knowledge of QASP and technical charting trends. Simply based on the fact that the SP has not gone below .011 (the baseline of his descending triangle) over his timeperiod, documents that there is very strong support at these levels. Descending traingles in general have a higher probability of breaking sharply to the upside, vice the downside. Then add a little DD regarding the stock and you have increased the probability to about 99.99% that there will soon be a sharp breakout to the upside, not the downside. That will be evident when you look at the chart next week Monday, if not before.
Makamai
Maybe Dean has a Money Tree (Yucca Palm) growing outside the office door.....and then maybe not (lol)
Makamai
I can't believe there are so many gullible folks out there that would part with their shares at these prices at this stage of the game. I'm sure Dean appreciates getting all these cheap shares folks...When this ramps up, it will REALLY ramp up and there will be a lot of folks chasing it and wishing they hadn't sold...
Makamai
Watch QASP this week - company to begin buy back in earnest and we are very close to 350 mil financing announcement - could be this week as well. That will result in several acquisitions being announced. This stock will make pinkie history in obtaining the above financing...SP will respond.
Makamai
Watch QASP this week - company to begin buy back in earnest and we are very close to 350 mil financing announcement - could be this week as well. That will result in several acquisitions being announced. This stock will make pinkie history in obtaining the above financing...SP will respond.
Makamai
As hard as the MMs are playing the technicals, they won't be able to hold this baby down forever. Looking forward to next week, however noting that the company said they would start the buy back in earnest the first week in April, but that doesn't necessarily mean Monday. Happy Easter to all....
Makamai
iKauai - I think you'll find that this debt was due to commitments made at the time of the conversion to QASP from Equus.
Makamai
Welcome slulaw - Have you read the info in the IBox yet? It has just been updated. This is a pinkie so look at the pink sheet listings for previous filings. The company is preparing to uplist and soon should be providing SEC 8Ks and 10Qs. The company definitely has a lot going on and the receipt of a 350 million dollar loan to complete several acquisitions is in the forefront and Friday's NR stated that will happen in 2 to 3 weeks.
Makamai
Nice Green close today - looking for more of them this week.
Makamai
We're all excited about QASP's prospects Richie - and proud to be involved such a large humanitarian cause represented by Mineseeker. Money can't buy the kind of world wide good will that getting on with the Mineseeker project will generate and it will certainly be one that will keep Quasar in the public eye for years to come.
Makamai
Just think Richie, soon you might be able to double the size of that screen
Makamai