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Plus the toxic A's and the shares Joe "converted" in Feb. are going to cause the pps to move much more than any BS Joe puts out in a PR. They will drive this stock right back to .0001.
I'm not sure that matters with the share structure the way it is. You may not have read this great post, so I'll quote it here for you.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74803192
That may be true that there was no change in the outstanding and no dilution today. But you know very well that those shares are from a very recent conversion on your part, and they have now been sold into the open market. Sure it's a technicality, but you are good with technicalities, aren't you Mr. "I don't recall"?
All aboard the Qtanic, next stop .0001!
I agree, Jeff among them. Now Joe is doing the same, .0001 here we come!
Yep dilution doesn't matter, that's what Dean said in his cc's. Dean probably got that line from Joe.
Sounds about right to me. Look at the amount of shares Joe is flooding the market with! And after what Joe and Dean already did to shareholders once, who would buy from him again? lol What a joke.
All aboard the Qtanic, next stop .0001 and no bid!
Are you talking about the A's that have super voting rights that were added after the same voting right were used to remove Jeff?
How could they use the voting rights of the A's to remove Jeff if they didn't exist prior to them being added?
That's a good question for Joe, what do you think?
Did the preferred shares Jeff tried to create convert into 6x the total common shares? Answer the question Mr. business school. And after you answer that one, do your A's convert into 6x total common shares?
Everyone know the preferred he was trying to create give him control, that was the point! But people on the board are making it sound like he issued himself preferred to cash out like Dean/you/Josh can with their super preferred A's!
Yeah great job Josh, you allowed Joe to take control, raise the A/S by 1.5 million, do a 1000:1 R/S and completely wipe out the commons shareholder! Great work!
Oh not to mention increase the O/S by close to 5x what is was.. am I missing anything? Oh yeah the most important part, decrease the PPS from around .002 to .00006 in pre-split numbers! Josh for COO of the year! And Joe for CEO of the year.
Actually we are sitting at .000045 in pre-split number. Go Joe!
I have no idea what you are talking about, but someone sure is D*U*M*P*I*N*G shares today. :)
In addition if you look at the preferreds Jeff did try and issue himself, they didn't have the same shareholder-crushing 6x the number of common shares conversion. They were simply for control, nothing else.
Wouldn't it be rather dishonest to be an insider and post as if you are simply an overexcited common shareholder? Just a random thought.
Well Joe can't take Dean on, he was/is Dean's business partner and worked with him to scam the shareholders of QASP. Joe can't have Dean airing his dirty laundry.
I agree, and everyone involved will be headed to jail.
Yep, Dean, Joe and Lisa have some questions to answer. Where did all the money go Joe? Your pockets? Or maybe the better question is how much ended up in your pockets? We all know you made a great deal of money from your business arraignment with Dean. Funny how shareholders lost everything, but you made money... makes one wonder.
Yep Dean working closely with Joe did scam a lot of investors out of a great deal of money.
Joe, why didn't you say anything when Dean was lying to and scamming investors? How much money did you make off of his scam?
It would be better to just wire the money right to Joe. Much less stress involved. That $540 in shares will be worth less than a dollar very soon IMO. Won't even be able to sell them without incurring a greater loss on the commission.
Lol and round and round we go, where we stop? .0001 when Joe is done dumping, then it's time for another 1000:1 R/S!
Yep someone paid $90 for some new toilet paper!
That is what all the pumping this week was for? And why all those shares sold Tuesday dropping the stock 41%. lol what a joke.
Maybe Joe should try another 1000:1 R/S, obviously that last one didn't work. The market still thinks(correctly IMO) this is a scam!
Or maybe the problem is that insiders control 6/7th's of the company? Yeah that might be part of it.
the market doesn't think so. This stock is worthless. And you can take that to the bank.
What did they serve? I giant plate of BS like the common shareholders of QASP got with Joe's 1000:1 R/S?
Only down 41% today! next stop .0001! Good work!
All aboard the good ship Qtantic, next stop, .0001!
Yep all the same people that were there with Dean, yep great group of people! Look how it worked out last time, I'm sure it won't happen just like that again!
Yes I am being sarcastic, I believe this stock is heading to .0001 very soon. The pump this week produced 100 whole shares sold so far! lol What a joke!
That is correct.
Joe has also shown that he is "Pleased" to R/S shareholders out of the company. He loved the last 1000:1 R/S, there is nothing stopping another one. It made him happy last time, I'm sure he would do it again.
My opinion is that this stock has been a scam from the start. Guess who as there at the start? Oh that's right the current CEO, Joe.
Once a scam, always a scam.
Oh and if you forgot Joe, Dean, Josh and anyone else who owns the A's owns 6/7ths of the company right now. Common shareholder are only splitting 1/7th of the company. Just a reminder.
Actually the way the it is written they could convert all the way up to the A/S cap no problem. Just goes to show how inequitable that provision is.
432 was right, Joe had no problem going in and fixing the voting provision as it related to the A's to allow him to vote Dean out, AFTER THE FACT, but he won't touch the conversion provision. Yep, we know where his priorities are.
Well just so you know the common shareholders only own 1/7th of the company. Not only that, no matter now many common shares are issued they still own own 1/7th total.
So every time a new share is issued Joe, Dean, Josh and anyone else with A's get 6 additional shares. Seems very inequitable to me. I would be wary of investing in a company with a share structure such as this.
I'm not trying to confuse anyone. Shareholders own 1/7th of the company. It is a fact not even Joe can argue with, and you will notice he hasn't disputed it. Try and spin it all you want, it is a fact and investors need to know it.
Make sure to add to those projections that the holders of the A shares own 6/7th's of the company. That will affect the numbers, and the expected PPS.
Good DD needs to be honest and factual. It's a fact that the commons only own 1/7th of this company. Just wanted to make sure it was clear. 1/7th... that it, again, 1/7th lol
That's not correct, shareholders own 1/7th of the company not 1/6th. But you are correct that even brain dead people won't touch this.
Changing the subject, don't want too much talk about your A's? lol
IMO this company is a giant scam, and the articles of incorporation make that clear simply by the terms of the A's.
It's nice that the correct information is now in the ibox for investors to see. You can file a complaint with QASP management all you like, but they know the share structure, and they know the A's own 6/7ths of the company. It they don't want it in the ibox for all to see, maybe they should fix the A's so they aren't so inequitable?