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2 million shares dumped at .004 and an end of the day $6 paint to make it look good... I wouldn't call that a good day. I would call that someone with a hell of a lot of discounted shares dumping them. Par for the course for QASP.
Look out!!! Massive dump at .004!!! Looks like those shares were discounted well below .005, how far below? We will just have to wait and see. .001? .0005? .0001? Who knows?!?! Info down here is scarce, company won't even release the share structure.
That is incorrect. This thing does trade, but only after the CEO issued 15k worth if discounted shares, yes again after the last 15k in november, and they are dumped on new bagholders. That is where all the volume is from, and why the price continues to drop IMO. The good ship Q seems to be sinking. Just wait will be see new share structure numbers, this will be verified.
The Only thing that has been verifiable about QASP is that the share price drops as the O/S increases. This will never stop IMO.
I think the recent trading is clear when you read the recent disclosures. Joe sold 15k worth of discounted shares recently(nit counting the other 15k from November) and someone is dumping those shares, not much of a mystery it's how QASP does business and is keeping the doors open and Joe's pockets filled.
OMG the only thing funnier than QASP merging with Centascam would be Joe announcing 300mm in funding from Newby and 5-6 acquisitions!!! LOL this is too funny!!!
Yep massive DUMP! Looks like those shares Joe issued are making their way into the market. At least we know why the company won't update the share count now, they would rather the market not know the true float and o/s. If that got out it could be ugly.
oh so the 30 million shares have been in the float for over a month. Good to know! Add that to the 50 million or so, and the 20 restricted and you have your 100 million. Guess SO!!!!! LOLOLOLOL
Well since Q's management can't be bothered to update shareholders we will just have to speculate. I see that Joe made a private deal for $15,000 worth of QASP free trading common stock on 1/7. Now considering these will need to be discounted, we should take Joe's reasonable 0.1 on the dollar discount Dean game him on his shares as a baseline. That means that this $15,000 was for 30,000,000 shares at .0005.
Sounds to me like the float is much bigger than 5 million. 100 million? Maybe Q's management should update the shareholders?
Check out the latest firm d filing. Looks like another 15k worth of super discounted shares just hit the float. Man I wonder what that float is up to now... Maybe someone should update the shareholders? Joe? Where are you Joe?
Not officially gagged, they just won't release the information. Saying the TA is gagged has a negative connotation, Joe prefers, "The TA had a new policy of not releasing share structure information" lol
So yes, gagged.
The company hasn't said a word about the public float in months. It is clear by the amount ofshares traded that it is much more than 5 million. How much more? Who knows!
"Unusable in last two years Joe has not grown revenues and qasp loses money so dilution will not end anytime soon. Its very clear with Joe leaving a/s at 475 million after his huge r/s he plans to keep right on dumping new shares. Otherwise it be a lot lower. Only question is how long can he keep ask were it is and sell all he plans to? With so many a/s he has to keep lowering ask long term to dump the shares. It's inevitbale qasp just will not ever have enough revenues and profits from flight school to be anything but small company. Anyone who thinks he left a/s at 475 million and dilution will end just ignores what Joe does. He is continuing the same P & D with same small flight school he started doing with Dean years ago. Rinse and repeat. Dean voted Joe in as CEO and Jeff out so the P & D dilution would continue. Joe and Dean both are crooks who have diluted and dilvered little for it. All they have done is wipe out common. Joe just continuing same plan as before with same flight school. Some will never learn that Joe is same crook Dean is and Dean made him CEO with his shares voting for him in 2011. If not for that Joe not be CEO."
Great post packer!
$3,450.00, must be payroll day, or maybe they accidentally let the registration laps on some of Joes plains he is leasing back to the company, or maybe Joe dumped a block of shares to fund another "marketplace awareness campaign"
I'm sure Joe is in the black. Joe Cons-r-us is doing just fine!
More likely they are coming from bagholders who were trying for a quick flip as got stuck.
Yep could be upwards of 100 million, maybe Joe should just provide an update and all the speculation will end? Come on Joe!
Are you confused about the October 31st date? Or the fact that it is public record that shares have been issued after October 31st? It's very clear that the share structure has changed, it is a fact.
That share count is not accurate. It is public record that shares have been issued after October 31st.
How many? My guess is somewhere around 100 million or so. Maybe we will find out for sure when the company can be bothered to update their shareholders.
And at current price per share, that is a whole lot of shares. Shareholders should demand an updated share count, my guess is it has increased substantially. 100 million? 200 million? Who knows, with the company not releasing the information it is totally up in the air. My guess is somewhere between 100 and 200 million shares.
Well now that we have established that QASP does indeed pay management with shares. Just needed to catch some members of the board up on this FACT.
An updated share structure would be nice, the one in the ibox is very out of date. Could be well over 100 million for all we know at this point. Someone should email Joe and get an accurate count.
Take a look at this QASP PR, seems Joe doesn't agree with you. He made it clear he needed to pay his management with QASP common shares:
http://ih.advfn.com/p.php?pid=nmona&article=54346972
FACT: Joe needs to pay his management and himself with common shares.
Inference: There isn't enough revenue to pay a realistic salary, so shares are required.
Solid fact, Joe paid himself and the rest of the management with shares. Joe has sad as much, are you saying Joe lied about issuing share to management for accrued wages?
Fact, total common shares have increased by a factor of greater than 20. Holy hell that is a lot, factor in the 94% stock price drop, lack of profits, paying management with shares, all solid facts.
I don't agree, I think DB2 has all the facts on his side and evidence from what I have seen.
Maybe Joe is in talks with James to merge QASP with centacom? wow what an amazing combo! Go Joe, go James, go QASP. Also, go common share printing press!!!!
ALL OF THEM ARE CON-MEN! JEFF, JOE, AND DEAN!!!!!!!
The large asset was nothing, you can't even tell me how much QASP paid for it, or if QASP was still on the hook to pay Dean for CET. All of this would matter if QASP was a real business, but it isn't, it's a share selling scam.
No it doesn't because QASP is the fraud, how the money from the fraud is split up between those responsible really isn't important. Although it would be important to Joe, Jeff and Dean, it really doesn't matter in the end. QASP is still just a scam, and the pps shows that the market agrees.
CET doesn't matter, what matters is QASP is and was a scam from day one, and the current CEO was in on it. That should matter more than anything Jeff did, with the exception of the people Jeff scammed with that NHSH QASPesque scam. I don't know what CET was worth, but it doesn't matter, if it was worth anything the value would have gone to Joe and other holder of the A's and QASP debt.
QASP is nothing more than vehicle to sell shares, and no value will ever come to common shareholders. All those involved with the scam, Joe, Dean, Jeff, and the rest should be held accountable, but it doesn't seem very likely. All IMO, but hard to argue with hard facts.
I don't know, but if Jeff knew he was out on his ass, why not toss out the PR, create a buzz and dump 200m shares at a stock price of around .002? That would be some very profitable dumping. Especially if they knew Joe was just going to take over and crash the price down to .0001 to allow his R/S.
Jeff's goal was to create value for common shareholders, and Joe's was to destroy it. Once Jeff knew Joe had control, why not release the merger PR, and dump into the buzz? He had nothing to lose. Then Jeff's crew moved over to NHSH and started their task of creating yet another QASPesque scam over there.
As far as the CC charade, I have no idea... except that Jeff should take responsibility for unleashing James Owens on the shareholders of QASP. That was inexcusable, and he can't claim he had nothing to do with the failed swap.
This is just what I have thought happened, could be totally wrong but it seems to make the most sense.
No I don't think there was an actual freeze, and I don't think Jeff had 200m to dump. But the timing was very suspicious, if it wasn't Jeff and those close to him, was it Joe? Someone had insider knowledge of Jeff getting tossed out and dumped a whole hell of a lot of shares into that Centa merger PR. Logically it would have been Jeff and his cohorts getting out, but who knows down here.
To be honest, and this is my Completely uneducated guess, but seems that large volume day was Jeff dumping when he knew he lost control if QASP to Joe and Dean. I could be wrong, but the timing makes sense.
I believe Joes increase to 1.7 billion came a little after that and his dumping of those shares caused the crash to .0001 allowing his 1000/1 r/s.
Well I think he was nothing more than a puppet, it's clear Joe knows what he was doing and Dean was taking directions from Joe as we can see from Tex's emails. Dean is an old fool and couldn't have pulled this off on his own IMO, Joe had a large role in QASP from the beginning. And this isn't from some Jeff spin, this is coming from a friend of QASP and Joe supporter up until recently, it should be taken seriously.
I will admit if I am wrong, but sure looks like Joe was in on the QASP scam from the beginning. Do you think Tex's email is fake? Or just innocent business Joe happened to be doing with Dean? Maybe Joe could fill us all in on his entire involvement and we could put this speculation to bed?
Joe is dirty! and he is running QASP just like Dean, relying on pumps to sell shares, and there will be no return for the common shareholder. All IMO, but sure seems to be correct. I hope Joe proves me wrong for the sake of anyone that decided to invest, but I seriously doubt they will ever see a return on their investment.
That's likely the reason why. It's a safe assumption that Joe received the majority of those 500 million shares, why else hide the document? All he needs to do is release page 1 and all this speculation will stop.
On another note it is quite clear Joe was behind the QASP scam, and Dean was simply his puppet CEO. Nice to see everyone now sees the truth.
Incorrect, Joe and Dean are one and the same. Started QASP together, and Joe is just finishing what Dean started. There is nothing to look forward to with QASP except a lower share price and a future R/S when Joe is done with this round of dumping. IMO
Looks to me like the current CEO of QASP was here from the beginning dumping shares right from the start. Clean hands? I don't think so!
2+2= how Joe made half a million off the backs of the very shareholders he later R/S'ed out of the company.