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I am also inclined to think Dean will have good news and reasons for optimism...but I hope he realizes how he has in fact blown his time lines and so many things...has lost some credibility...he should be mindful of that in doing this next CC...if he has real good news none of that will matter, but anything less he should be very realistic and perhaps a bit apologetic, even if he also wants to go after slanderers and manipulators.
Can't wait for the CC. It will be good to get a realistic assessment of what's gone wrong and hopeful reasons for optimism going forward.
I liked the PR today -- get em Dean! If it helps change the tenor of the board, that will be a good effect, and he followed it with an announcement of a CC next week, so I'm looking forward to the update and glad it is not simply "pointing fingers." I think we'll get some meat in the CC, I hope.
Sad but true indeed. Thanks Masscommuter.
As you know many good people were seduced into putting their hard earned money by words and ideas that seemed promising yet ultimately completely out of touch with reality, and investors are now suffering the consequences, the same people Dean and Co. want to point fingers at and blame for being too intrusive, nosy and improper in their attempts to discern the truth...heaven forbid any QASP investor ever knows the real truth. (as an aside while I understand the tackiness of verifying the death of somebody, at the same time I can't help but find that to be acceptable given the murkiness -- whether it is deception, ignorance, blind optimism...what have you...we can rehash the history of QASP, PR's, CC's and subsequent failures if necessary).
The truth is far from rosy. I am at the point of "can I just break even somehow?", but given my predispositions, I am going down or whatever with this ship. Dean can count on me helping to hold him accountable for his behavior, for better or worse. I hope I can praise him at the end of the day -- otherwise we both lose.
How are they going to pay the bills if they don't get funding? They don't seem capable of getting funding anytime soon. We hear that private billionaires love QASP. What a joke. QASP would have found the funding necessary to get the show on the road in that case. It's do or die on the streets. Hard times call for desperate measures, you know what I mean?
I don't agree. Given the multiple head fakes Dean has thrown on investors, in regard to funding and otherwise, and on top of that the explanation of "logistical problems" and the death....there is really no explanation to help put investors minds at ease...I think we are in real danger of an increase in A/S, and there is hardly room for optimism in getting funding given so many failures after repeated optimism on behalf of DB. Like I said QASP needs to come clean and explain why we are in this position today. What reasons are there to be optimistic at this point BUT give realistic guidance...they should be well aware of their failures by now and take that into account in the next CC. You can't expect shareholders who are losing big money and in the dark not to harass people when you won't given them some transparency. I used to believe in Dean, but he has given me reasons to be skeptical. He has some explaining to do IMO.
I am with you Chief. QASP has hosed its investors and releases this PR, as if completely oblivious to their folly. I thought we already owned the helo parts as well...and we discover we don't even own those until we get funding...which I am finally in the process of resignation we will never get....so WTF...it is a sad day for longs IMO.
If they raised the A/S by 1 billion shares they could get 1 Million $ at a sale price of .001 -- I believe they could get at least that and probably more on the way down to that point. I think it is a viable possibility *unfortunately*!, especially as they seem quite incapable of getting funding at this point. It is hard to fathom the level of incompetence or deceit or whatever it was that has led Dean to miss so badly on the expectations/confidence/beliefs that he helped to foster in the minds of people like me who believed him and are suffering the consequences for it.
How many times has he practically said that money was in the bank? He saw no obstacles to MS being closed the week of June 21....at the last minute we hear of the change in loan terms and so on -- how could he have not known about that, etc. It all seems very sketchy to me at this point, and I did believe Dean to be a good/honest guy. Now I am entirely unsure. Part of the problem is he completely stopped his program of transparency and for a prolonged period at the worst possible time. I believe that the bashers have the upper hand and in spades right now.
People like Banker and the like...their words are very hollow and unbelievable now, although they carried weight in the past. We've seen that Banker was also duped or worse, as evidenced by how things played out...his champagne celebration and whatnot on the eve before the crash -- complete folly! This is a bad joke that I am caught up in.
I can only hope that Dean really is a good guy and will pull things off somehow, but man we are in a hard spot right now, and I am sensing a tipping point with MS and probably in a bad way if funding doesn't come through. We need some room for optimism and soon...we simply do not have any reason to be optimistic right now. We can hope, but that's about it...we are practically in the dark...and given the track record of Dean/QASP...it is no wonder many people are calling around/harassing people, trying to find out things given the very palpable impression that Dean pulled a fast one and completely misled us, myself included.
They want to say we are causing problems...what a joke. Do they even realize how bad they are Fing up right now and to what extent they really misled/encouraged people to buy expecting good things to now be 60% or more in the hole now?
Sorry for the rant, but it seems obvious that my trip to Japan in August will have to be cancelled and probably a lot worse than that, given that I put so much into QASP (my bad I guess, but I thought for good reasons)...
1 billion rise in A/S can net QASP at least 1 Million $ at .001
You have to pay the bills somehow. How is the funding going?
Thanks for sharing.
The pointing of fingers began or in full force in today's PR. We could easily have a bad day tomorrow and beyond. Even Banker cannot provide substantial DD anymore.
I thought it was a BS PR today. If they want the ?'s to stop, they better come clean. They're very good at pointing fingers without acknowledging the many shortcomings they have delivered to shareholders time after time.
The tone in the PR today was anything but positive, and while PR's are being issued jointly for now, one gets the impression that this could easily change.
I like your rhetorical (or not so rhetorical) counter question.
I agree with that. QASP's continuous missed deadlines and "false promises," continual delays and worse (with no real explanation and room for endless speculation)...have led investors to rightfully question and seek validation of things by any means. Serious money is on the line. QASP would do much better to resume/begin being more straight forward and realistic ASAP.
Obviously the creek rose. I'm just hoping Dean has a good paddle to navigate us into better waters and soon.
No significant money is buying this. You would expect that to be taking place now if those in the know knew that good things were coming. This should be seen as an incredible buying opportunity (if "it all looks good" was true), and we should be seeing BIG volume to the plus side right now if those with money saw this as a good investment. We're not seeing that...and quite the opposite.
I wish I had plenty of money to do that. I hope I'm not forced to sell at .001...this could get real ugly if Dean doesn't come through soon.
I agree. I can't believe how much money I have in the toilet on this investment.
between dean and his cronies, Kendrick and his monies, banker and all his billionaire friends who are not buying this, reported holders...well, maybe that's why pps didn't collapse today, but really we can't get above .01? How big can the float be with so much money/interest and the very depressed pps? Granted QASP is almost cursed -- probably because I'm invested. wait until I get out finally and you guys are good to go. This is a bad joke.
For reasons I got in, I'm still holding QASP, but it's not easy to be optimistic now. I'm pretty objective. Why are you positive in the face of yet another obstacle? pps held at .0068 -- you know that won't last forever...I'm hoping for some good news soon. We can't go on like this.
I'm hanging in there as much as possible, Chuck. I'm with you as a disappointed shareholder. I hope for both of our sakes, and others, that somehow this sinking ship can be saved. It's hard to believe how bad things have gone. I don't care for the bashers who like to rub in salt to the wounds either. I hope shareholders will be rewarded, but it is a very ugly journey regardless. Without a miracle, my chance to visit Japan has been annihilated, and possibly worse in store for me. I'm tired of "keeping things in perspective." I already learned that lesson. No need to kick a man on the ground. Best of luck to all of us in QASP, and if anything the bashers need to relax and stop kicking the men on the ground.
I hope nobody will ever get in below .006 again. We'll be in trouble otherwise. QASP has never done well for its shareholders, apart from flippers who shrewdly played their wise assessment that QASP fails to deliver time after time.
Calls for compassion, although relevant, come at a very bad time for QASP investors who have been disappointed hand over fist, time after time, and in the abstract the death of some person, as if a person in the obituary that you read...hardly a tear comes to the eye. It's a statistic. People care more about their own interests. It's sad, I'm sure...but people of necessity care more for their own interests, and in a long line of disappointments, I certainly don't expect people to be very understanding.
It's pretty clear to me the bashers are right about the 350mil being complete nonsense, Newby laughing at it, etc. No news by now indicates this, among other reasons...I don't think it will ever happen. I worry about Newby funding. We are on the possible brink of collapse. No news on the 1.8 mil fees. If things are going well I expect news at the latest next week. Silence next week pretty much is the nail in the coffin. I hope for much news and more video/CC instead. Or we're done. JMO
Agree: we are in a very precarious position now, and I fear the worst, hoping for the best. We need a fire side chat and hopeful reason to be optimistic and very soon. Everything that can go wrong and more has happened. I will be very relieved but surprised if QASP can succeed without hosing current shareholders with a raise in A/S and falling pps..
I am grateful we held at .0068 and not lower, but that won't last forever without some good news soon.
This link seems relevant to QASP investors, anyone averaged .01+ (and I'm sure many others besides. I'm not sure there is any consolation in truth:
http://www.murphys-laws.com/murphy/murphy-laws.html
I enjoy the uptrend, but it is on very light volume and no news. Anything can happen, and I hope somehow QASP does succeed, but I do believe there are only 2 possible main reasons for our current condition, neither of which I like:
1) Management of QASP is incompetent/ignorant, especially in regard to getting funding
2) Same group was not ignorant but deceptive in their PR's and not completely straightforward and strung us along for some reason.
I am kicking myself for not acting on my own past assessment, but in a way I hope it is #2 because at least they are being conniving and self-interested, hoping to succeed in the end, whereas #1 leaves us lucky at best to end up anywhere good in the end.
I don't like where we are at, faced with 1 and 2 above, complete silence, whatever happened to videos on the road, etc...there is so much ammo for bears right now, and the only problem is I am still in this head over heals and kicking myself all the time for how dumb I was not to sell with the earlier warning signs. We've seen the true colors, and they are not pretty. Even our optimistic and seeming knowledgeable Banker was proved to be completely ignorant/blindsided etc...in this silence it is more of a gamble than ever. we cannot own MS without funding, and the funding seems more doubtful than ever....hope for a miracle, and I hate to be in that position. I also understand why people aren't selling. It hurts down here.
LOL we closed at .0078 almost 10%
are you also predicting a run to .015ish or?
Avil,
I have to work on my flipping/execution. Flippers have made all the money on this. I have rode my shares higher and lower, always buying along the way, mostly at the wrong points, but at least my average is .013 or so, so if your prediction is about right I can hope to break even at least, with a little gravy on top. At this point just breaking even will be a relief.
Wish I flipped it when you did...I predicted it but did not follow through on selling "just in case"...wish I did. Glad you think it's likely a good buy and uptrend from here. Like your posts. Hope to get good news out of MS demo and funding soon.
I hope so B. I'm not selling either, whether that means going down with the ship or blast off finally. That's pretty amazing how you and some others have weathered even more storms than I have, and it is just too sick to sell this low. I am less sure if Dean will pull it off, but I made my bets and sticking with it, hoping I was right and that these are just (more) temporary setbacks. Hopefully we'll get some good news for a change soon.
I hope so. I feel bad for the friends I got in higher up like me who are holding the bags or sold at a loss.
Yeah, MS success means nothing to us if we don't have the funds to get our share of the pie. Will we ever get the funds? That's what it all comes down to...and I really don't know...based on the past answer is "no," but I hope we finally make a turn for the better and finish this deal ASAP.
It feels like a bigger risk and gamble then ever. I have to seriously wonder whether QASP will get any funding or just more of the run around until it eventually flat lines. I hope it gets funding. I missed my chance to get out earlier. Now I hope it doesn't crash from here. *miracle occurs here* that would be nice.
Why do you think .02? Let's get above .01
basically what I remember...they were going to handle it in London. Dean has been traveling right?
Banker I need QASP to hit in July...can we get .02+?
I f'd up already. I hold to the ground or to the sky, but will be very sad if I have to pass on Japan because QASP can't pull its weight.
I want to see a green bar as big as that most recent red one come this month.
If what Banker has said before is true that is exactly right.
You are right. It's time for another update in that fashion.