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We are lucky they didn't need to return to the capital markets for additional funding. I would hate to see the O/S after that. Lots of good concerns here. I would be very worried if nobody was concerned with the developments lately. I think we all agree, an explanation is in order very soon. All eyes on you Dean. Time to perform.
Then I apologize to you. My mistake.
Fractions of pennies??? Some people here have lost half of their money so far in this great opportunity. Fractions of pennies...really?
Hope that spring is pointed up and not down.
Because like the casinos, It isn't built on winners. Plus if you ask them about the rigged wheel they send Vinny and Louie to make sure you keep quiet.
Good luck to you also man. First of all today I am a griper. lol. Never been a basher. Professed long for a couple months now and like you I am going to sell at my targets or ride the ship down like the captain. My problem isn't so much with no PPS rise because I understand that these things take time. My issue is with the PPS drop and the reasons behind it. With all the things announced and the speculation here by "Experts", you would expect at the least that this thing could hold its ground. Those fake walls don't seem so fake in hindsight. I'm here for the duration also and will be cheering and weeeeeeing all the way to the bank when and if it happens. I personally only care about reaching my sell targets. Nothing else matters
I envy those of you that can lose money with a smile. Really. I wish that I had that kind of money. Now of course I never invest any money that I can't afford to lose, but that doesn't mean that I'm going to do it with a smile all the time. Granted that if all the things planned come to fruition this will be an awesome ride but the ride so far has sucked. The only transparent and consistant thing that I've seen in the last couple months is O/S grows and PPS shrinks. Those are facts and not interpretations. One day I'll find a stock that just goes up and never down. I'll be sure to let you guys know when I do. Haha.
GLTA,
Still Long
I haven't seen that 15 million dollars, so I can't speak of that money. Although, with the money they made from the sale of stock since June, they could easily afford A Simulator, Trainer, Promotion, buyback, PR's and other transparent things of that nature. IT IS TIME FOR AN UPDATE ON OUR MONEY SINCE WE ARE THE ONE'S FINANCING THIS VENTURE!
Please inform all the people that say "Sell and move on", that we can't! We need to make the money back that we lost here first. It's a message board...That's what it's for, regardless of what the preferred attitude towards the stock is or isn't.
I'm not trying to bash but shell debt, fake walls, pretty charts, dilution and a falling share price when this stock is supposed to be the bread and butter of 2009 makes it rather hard. I'm not stuck in that bubble anymore.
Just calling it how I see it so far. Aren't we here to make money? Should I be happy with this investment at this time?
I love this stock! I've already lost a lot my money by not being a weak hand and holding strong! My fault for being naive. But no worries...I still have the rest to lose too. You'll be able to see right through my wallet after I'm done here. Now that's transparency!!!!
I really hope they don't take it past 450 mil.
"I want investors to know everything. Transparency is a key to making investors comfortable with our company. We will continue our efforts toward total transparency." The Jacksonville Business...
This guy has no clue about making me feel comfortable so far.
It's so nice to be back to the .0185's again. This stock is going to be such a monster but it can't seem to stay over .02? Acquisitions, Flight School, Simulators, Share Buyback, Hangers, Trainers, Transparency and Updated Pinksheets filings and all it does is inch it's way to .01?
You got that right.
Morning Guys. I see SPNG & SPNG INC. still the talk of the town. Makes me wonder if they all aren't like that. Great video by the way
It's over!! Wake up people!
I hope for the best every day with QASP. I am invested way deeper then I should be with this penny. Just been seeing things in a different light lately. I have explored all the ways that this stock could potentially make me money. What I haven't done is explore all the ways that this thing could screw me. Check my history although brief, is 100% support here. Hoping for the best like MOST of the others.
He isn't gone from just here. MIA on the whole site
I just hope that the company isn't selling stock and using the money to buy back the same stock. Smoke and Mirrors? I hope not.
G/M everyone. Hoping to hold above the 200 DMA today. Also hoping for a PR regarding share structure and buyback progress in the near future. A lot of longs are getting frustrated here by the PPS drop and O/S increase during the buyback, myself included. I haven't sold 1 share through all of this, although there has been some good channels to profit on. I will hold this until I reach my sell targets or until my money is gone. I'm sure that these guys wouldn't ruin their good names over a penny stock. Hopefully the selling is done and the PPS will begin to rise finally as buybacks continue and the existing shell debt is satisfied. Once the buybacks are complete we can get the acquisition news and be off to the races. It seems so simple. I have put a lot of faith in this company and if it doesn't work out as planned, it will change my penny trading philosophy completely. GLTA and have a great Friday and weekend.
Bull
No sweat. Didn't take it like that and I appreciate the way you responded. Dean does have a great history and he's been doing everything he said he would do. Good luck to you sir and to all the other longs here. I like your style Mustang. Person mark for you.
Relaxed or not, I'm here for the long haul. Couldn't sit back here and just cheer the whole time when something was not making sense. It's not so much impatience. More frustration then anything that the PPS is sitting below a lot of my buys at this point.
I'm long and I know your long too Dean, but don't tell me that you don't see the need to return to the capital markets for funding and then announce a share buyback and sell additional shares into it. You and I would fail if we did business like that. Why do a buyback if your going to offset it with additional sales of shares?
I'm long and holding because I really believe that these guys are solid and the acquisitions will produce nice gains. However, I certainly didn't expect to be sitting here through the buyback while the Company is selling shares out the backdoor. That's not good business. So if we end up with an O/S of 450 million and they buyback 20% then we are right back where we started. If they needed to sell shares to raise short term cash flow or clear shell debt, that's fine. As a business owner I understand the need for working capital. Until the O/S has stabilized, don't expect an increase in PPS. The chart has looked good for weeks but that doesn't even matter. Like someone said, It's an event driven stock. The only thing that will move this is acquisitions announcement.
Morning. Hope we setup a new base this week in the .03's. GLTA
Thanks Lazy. Slow and Steady. Green loves it that way!
Anybody have the current DBAB buyback amount as of now?
You got it. Time to light this fuse!
Only the yield sign now. One step at a time. Good luck to you Lucy.
The question is do you have the right stock?
QASP stop sign removed on Pinks.
G/M and more great news on the stop sign being gone! One foot in front of the other Dean. Lead us to the promised land. Nice to see management doing what they say they're going to do. GLTA
QASP updated quarterly filing on Pinks today
Good enough answer for me. Saw a couple of posts that said DBAB/JLEO and just was asking to clarify, because I don't have the experience that some of you have.
Lol!! Im hangin on!!!
Whats with JLEO? I thought that only 1 account could be used to buyback shares per day?
G/M and GLTA. Welcome DBAB...Very nice to see you!
GM all. Looking for another good day here. Our patience is about to pay off. No bears in sight! lol GLTA
How true is that!