worst decision of my life, buying into this BS. I have put myself into poverty almost overnight.

It's too late to get out. We are going down with the ship. Out of stubborness some of us will hold, even though I think our odds of failure are at about 99%

"we are going to be happy soon," "money is in the bank," "funding is imminent"...we all know this. That's why the big money is buying this big time!

"We're going to be happy soon" Maybe if you love losing money.

Thanks DB for failing so miserably as of today. I appreciate all of the hype you gave us for so long and where we are today, it's great. I can thank you (and myself for betting the farm on this) for the final straw that broke the back of my admittedly less than aggressive pursuit in finishing a graduate philosophy degree. Hey, at least I have less motivation to finish given my financial hardship now, being broke with mounting huge debts and all...one less thing to worry about. Just wanted to let you know, DB, that I'm really happy with everything you've been doing for us investors lately, all of the straight forward guidance you've provided us, the incredible transparency and honesty, with funding having been imminent for so long now. Funding was in the bank a long time ago -- we can all be thankful for that -- MS was closed without any road blocks (right?), and look at us now, the loyal longs. How could we not be happy? I think I speak for all longs in saying thank you DB, providing us with real and straightforward information, helping us to invest real money on the hopes you've helped to create -- we can all be thankful as QASP longs, your boys and girls. We're almost to .0001 -- getting closer almost every day. Keep up the good work DB, we're almost there. I'm "keeping the faith," and I can't wait to see what you have in store for us next.

I agree. I just wish my average price was as low as yours...

It's not worth selling. I'm going down with the POS. Or a miracle will occur and all of the missed deadlines, falling share prices, over hype and under deliveries will be a thing of the past and....let's hope for the miracle.

Great time to take over QASP at this share price if you have money. It must not be worth anything to the big dogs. This could be had for less than pennies on the dollar.

I wish something would get in the way of this falling share price. That is more important. No ground to stand on here.

Where is all the funding? Remember? I'll lose the pessimism when I'm given good reasons for optimism and a non (continually) sinking share price.

only .0037 ticks down to .0001 ---> shouldn't be a problem. We covered a lot of that mileage today alone. See you at the bottom.

Are you guys excited to see new lows or what? Gotta love power hour?

How low can we go...well I guess .0001 -- we're almost there guys, hang on!

100% right. This is complete joke (and a bad one at that) until funding comes in, which in itself will function more as a relief from misery than a celebration at this point. 300% gains and I break even -- that is so awesome.

Let's hope. Not much to be happy about at the moment. Well we are not to the .000's yet -- I guess we can be happy about that? ummm happy well not quite but "could (almost) always be worse" ... and each week we know what it's like to be a little worse.

We don't have much to brag about either. New 52 week lows continually set with hardly any reason provided to be optimistic about funding.

NICE POST. In keeping some optimism amidst adversity, FWIW on behalf of a friend:

"I'm tempted but not unloading more XYZ to get QASP @ .0049. XYZ is diversification, maybe a hedge - depending on one's definition - and the ratio is stretched.

Oct. 7 Annual Mtg. - - - yes, that looks like a good celebration [ Relief !!! ] date. Also provides DB some motivation to "get 'er done."

FWIW - my Reasons QAI should succeed:
- Even with Solaroli keeping his Patent, there must be some use agreement w/ CET.
DB should have negotiated good terms - - - he must have known Solaroli's unsavory reputation. (My comment: let's hope...)

- MS : we knew it was a stretch for them to be ready this soon - schedule published in '09 called for commercial operations to begin in '11.

- Vertically-integrated airplane business makes sense.
Yesterday, I read 2 things in a post about another airplane-related business moving to JAX:
- Recent [when = ?] State law change makes FL attractive to airplane-related businesses
- Jacksonville has a relevant skilled labor force & - for some reason - good "location"
(Kansas has good location too: 50% of the world's small planes are made there)

By February those 30 - 50 cent / share predictions could come true.

- Tigerfish should work out, and early news next Winter / Spring might cause a pop.
MS & Bell Parts & Flight School cash flow should provide working capital - at least enough to borrow against (!).
VLJ was too cheap to pass up, esp. w/ James Ray available to run it."


Hoping for better days! Hopefully "keeping the faith" is a good idea!

"Funding is imminent" Meaning:

im·mi·nent
/'?m?n?nt/ Show Spelled[im-uh-nuhnt] Show IPA
–adjective
1.
likely to occur at any moment; impending: Her death is imminent.

I am one of the guys "ruining my life" having invested way too much on this ever increasing sad story with respect to all things losing money. Like I said I will not go down without a fight, however. I am rooting for Dean, but it gets uglier every day, and I hope the days of being mislead are over.

good luck bro. i'm with you. so many thing to keep in perspective...

....

great comment and quote on your profile. I will email you sometime. i do have considerations, appreciate complexity, but the presence and form of evil that we do witness in the world had a front seat with respect to wisdom in things.

well, I did overstate my case in QASP. I hope they succeed. B hoping that C Ivesterbernie. Dean has yet to really impress me, but he has demonstrably and repeatedly disappointed. Keeping the faith somewhat, I think he is a good guy, hoping he succeeds, but he is really keeping his cards on the table and we have no real clue of what is happening "on the ground"

but about wisdom and such, yes we should chat some more.

You have to wonder whether Dean can actually Deliver. It seems to be an all you can eat buffet of shares for less than pennies on the dollar. Fails to deliver every time so far.

Funny. Wish I was not in this losing so bad kind of funny. But you are right. Time frames seem to mean nothing to Dean. I'm not sure why he bothers to state them -- gets him into more rather than less trouble.

I would say if no acquisitions closed last week, then this statement released as the clincher last statement of the PR was highly misleading:

"A detailed press release of each of the acquisitions which closed this week will be issued early next week."

It seems to clearly imply that acquisitions in fact did close last week and that we will hear of these (early) this week.

I am no legal scholar, but this kind of statement seems highly suspect IMO if they in fact closed no acquisitions last week. If they didn't close last week is one thing. To release in a PR a statement that either implies or flat out asserts that they did when they didn't is another thing.

I agree that IR has been very responsive and professional, even if they don't have very much information to offer which would be nice. Sorry no PM capacity for me -- maybe if QASP ever makes some money and doesn't flush it down the toilet! I'm with you, hoping for what seems like a miracle! Don't flush the toilet on us Dean!

This is the PR I am talking about:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52823324

which was released last Friday. That is what I am talking about. Please show me where it says anything about 10 business days there.

No, here is what was said last Friday:

"A detailed press release of each of the acquisitions which closed this week will be issued early next week."

'this weeek' was last week, and we are now moving beyond "early next week" which is this week.

If acquisitions were closed last week, that is not a forward looking statement. Details were said to come early this week. I think most here agree that this includes through Tuesday at the latest, Wednesday at the very latest (to be early, very generous interpretation of early).

It won't matter that he missed this deadline if it is a good PR, but really if the deals were closed last week, how long can it take to do a write up of the details? Just seems a bit weird to me.

Of course what I really care about is funding. I wish we'd get news of funding or a substantial, meaningful and detailed update in that regard. The rest is fluff IMO.

Good luck to all longs. Hoping we are about to turn a corner, but so far not so good.

I wish I could argue with that picture.

Are we having fun yet? not yet. Hoping that will change. I'm tired of keeping things in perspective. I don't need any more perspective, thanks.

Hopefully this will be my big score, "average joe" here trying to get ahead...was always the idea with this...turned into a nightmare, although I could have played it better mind you. Hoping we turn the corner this coming week, but there are still lots of unanswered ?'s and concerns.

GLT all longs! 6 figures would be nice, let alone 8. just not losing everything would be nice :)

Upward movement not sustainable without meaningful update on funding -- and of course eventual, actual and meaningful funding.

Newby seems to be history given the complete lack of comment considering we should have heard by now. I'm tempted to say the same of Inver. Is Dean postponing a meaningful update, hoping to get funding some other way? I wouldn't be surprised. Good luck Dean. We hope you succeed, despite all of the ambiguities etc etc.

I won't complain with upward movement, but I hope we hear about funding soon.

Best of luck to you guys. Myself and some friends included hold a substantial position as well...all losing bad still.

I liked last week's PR, even though it tanked this week until we got some recovery and PR again today. I'm not sure how we are closing acquisitions without funding, and I'm still not too happy that we are getting barely any kind of real progress on the funding, facts on the ground...and funding is THE most important aspect which I believe would allow the otherwise good plans, certainly from this pps it will be a nice payoff IF funding happens. Until we know it will close, we're still not out of the woods.

Best of luck to us going into next week and beyond! I am holding through the pain as well. Hopefully we'll have reason to celebrate soon/eventually. Let's see how market responds next week, what kind of PRs we get, etc.

Basically we will win or lose, and we are losing right now, hoping for a change in course. I am ready to be made a fool and live life in poverty, but I hope it does not come to that. I am on the tight rope over the abyss, getting closer and more intimate with the abyss every day.

I hammer away at the shortcomings, hoping to spark some enthusiasm in the other direction, to get some real "meat", substance...facts on the ground. Some say we have too much info. LOL! Granted DB let his optimism get ahead of himself and failed time and time and time again to deliver. We'll see about the aftermath of this. This is NOT looking good from where I sit. Last time Banker was drinking champagne things weren't so happy after that. We can hope but...about the future.

I call a spade a spade. Insofar as you can see reality for what it is, this translates into investments too. I am not a blind pumper. There is NO reason to celebrate right now. Japan, not going to happen (unless a miracle occurs). Hardships are imminent, in fact they are happening. I know the stories of other longs like myself who are bleeding severly, information starved, wondering if we are doomed. Debt rising, value decreasing,...almost no room for optimism. Have to move, struggle to keep income coming in...

trying to avoid forced selling at a loss...may turn out to be a mistake that I did not exit now...why some are exiting now, even for a loss. Good job DB, just kidding. Seriously, I will apologize and praise as soon as I am able, if ever. The attempts at transparency are appreciated, but I have said again and again and again, and I know IR forwarded the message, so if DB does not deliver real transparency or better yet successes I will keep hammering away. Going down swinging.

I hope to be surprised with "Funding is in hand" someday, sooner the better, but I have gotten so used to QASP being a loser, and seeing the complete lack of real evidence for optimism...that I don't have much reason to be optimistic at this point. It's mostly stubbornness and the fact that I was led to believe in this for a variety of reasons...willing to go down with the ship at horrible loss for myself. Hoping it doesn't come to that -- not going to be pretty. If DB just doesn't have what it takes, cannot get it done "in this economy" whatever, maybe I will be compassionate, but insofar as he is not honest/forthcoming about things = no mercy!!!
Where is the REAL update that includes facts on the ground? I despise faith, although it is necessary/more warranted in some cases. I resent this state of affairs, that Dean wants us to believe without sufficient evidence, "to have faith," one of the worst things to have in helping you become enslaved -- You may be a great guy on the inside DB, I don't know...but your history here is extremely poor...it's time for real and substantial evidence as to why funding is "imminent" (yeah right), etc. What a joke... What the F is going on? Seriously. He drags us along, never follows through, never really lets us know what is up. Maybe if he did we'd be even lower pps...sighs.

So far this is the worst investment in my life and will never be worse than this. You can always find poor folks in even worse situations than yourself, if that helps you "keep things in perspective." Having to "keep things in perspective" doesn't help one in building optimism about life though ;)

hoping for the best but prepared for the worst. GLTU longs!

I hope to praise DB and celebrate ASAP. Right now? Impossible!

People don't even know the whole story. It is not very impressive IMO.

or else a canceled shareholders' meeting. I hope you are right.

Let's hope in a good way everybody:

bring the ruckus

Thanks for posting your thoughts, even if I have been somewhat annoying or otherwise critical.

Hopefully QASP will be looking good no matter where one is sitting soon.

I appreciate your digging. You didn't seem to cross any lines IMO that I am aware of. I just wish DB would be more forthright with us about what is transpiring, and, assuming all is well, I think this would relieve much of the frustration, as well as any annoyance of those motivated to do what they can to find information that is otherwise not given to them openly.

I am still hopeful here...I just wish I had more to hold on to than "faith" and vague ideas of what is going on. Hopefully all will be made right, and I can start humming to a different tune so to speak.

C'mon Dean take us to the promised land! or at least give us a more substantial update so we are less in the dark during this bumpy ride.

I don't understand how anyone can be so confident with sustained and repeated failure to get funding with zero update with respect to what is really happening...haven't heard about the 350mil in way too long...absolutely nothing said on the details of Newby, let alone any other source of funding...a maxed out O/S....how many more millions does DB have to keep this going? too many unknowns here unless you are in the VIP club and have access "from where you sit" to reasons why this ship is not going to sink (i.e. fail to get funding)...

WHY, what is going on....for what reasons are we likely to get funding despite all of the ambiguities and apparent past failures and sinking pps?

I'm just saying I'd like to see a better argument in favor of optimism that incorporates reasons, evidence, details "on the ground" etc. Not just "funding is imminent", "looks good from here" etc


Tell me why you think something is good, not that you just think it is good.

"from where I sit" isn't any more convincing than "funding is imminent." same old song and dance.

gltu and all too!

There is a substantial lack of transparency in regard to what is actually going on "on the ground", unfortunately. Maybe if we knew this the pps would be substantially even lower, however. If things are going well, there certainly isn't much effort to really show us why/how what is going on...very substantial lack of substance with respect to facts on the ground.