Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Too long winded ... :)
I was a mod on a religious forum for seven years and learned a great deal, but circumstances changed, got real busy and ended up bowing out recently. In hindsight I was often too overbearing, too much of a control freak and didn't even recognize it until a leave of abscence kind of brought everything into focus.
Boards and forums are interesting animals, you get a feel after awhile for people, both good and bad ... I don't agree with the caveat about following what is posted in these vehicles, there is a ton of good information available and generally a lot of very helpful people wiling to share what they have found, their knowledge or experiences, etc. But the malaise and arguments, childish behavior, the butchering of the English language ... I just grew weary of it all and tend to just stay out of it anymore.
Keeping this on topic, mentioned awhile back that I thought Dean had some naiveté' towards a lot of this. What I meant is in regards to this penny underworld, he's doesn't appear to be playing along with it and maybe that's what is driving some nutty. I don't know, we are certainly at their mercy regardless and of course we like to think we are experts at sorting this all out, how things should be done and when ... and when the PR's don't come on que the tendency is to fill in the gaps with speculation, speculation turns into the telephone game and all of a sudden the same speculations become the new 'facts'.
If you really look at what is going on in the last several months it seems the next bit of news should be what we have all been waiting for and it shouldn't be that much longer until we get it. They have kind of boxed themselves into it at this point.
Did I mention long winded?
Thanks for the PM's, can't respond - Just a regular shmoe hoping to make a buck and hopefully see a good business establish itself and thrive on our own shores.
Hi spencyg,
Don't reply here often and the ignore list seems to get a new addition weekly, but I keep up on the daily chatter as I have now since August of last year, still holding all my shares.
I just wanted to thank you for your temerity and the wise handling of the conversation you had with Dean and for summarizing it here.
Without a doubt, that pre-holiday PR had a very specific audience and frankly, I got a kick out of it, certainly the application is still warranted and yet lost on many ...
There is a parallel with a certain satellite radio company that went through some very tough times - The verbal slander, the impatience and accusations, the constant needling and nit-picking over every conceivable speculation, dissecting PR's and conversations, the spin, the straining at gnat's while swallowing camels ... And while the shareholders were tying themselves up into nervous knot's, the company proceeded to carry on with their business and the much maligned CEO today is now a hero, now that the stock has rebounded ...
I have had my doubts, this is still the penny underworld and I expect more schemes and scams, shifty individuals, questionable actions than 'real' start up, intentional business opportunities ... Have already paid my dues and gotten torched by that which in hindsight now looks so obvious. Lack of real, serious DD and follow up would have spared the loses.
I have come to a more serene and somewhat settled patience with QAI - It's a multitude of bit's and pieces. My own homework and the helpful people that have contributed here, leads to follow, the individuals involved ... It would be redundant to list it all ... Everything that has been posted here all these many months now. I welcome the counter-point and questioning when it is sincere and factual enough, plausible at least. It is the very 'negativity' elsewhere that woke me up on another play, got me searching deeper and ultimately spared me from another scam, past history repeating itself.
This is a terrible P&D if it is supposed to be one (as others have astutely stated) and the want of it in a twisted sort of sense is a very odd, circular bit of reasoning. I really think this is where it is most telling of what is going on. The progress from inception is basically the opposite ... Rather than a slick, bells and whistles web site and a constant barrage of PR's, a slow, priority driven set of events along with the anticipated adaptations to differing sets of circumstances as the days and months progressed. And yes, it drives some of the shareholders mad because they are not constantly privy to that which is frankly none of their business until such time that it is ready to become public knowledge.
From what I have been able to gather and what spencyg has recently summarized this is all very much in character and I personally like Dean's style. It went without saying that he writes his own PR's and I find it refreshing, lacking a certain polish that would normally accompany the, let's call it stretching the truth that most PR's have to give themselves a more favorable impression. It's just a very grass-root's, matter of fact manner - "This is what we have done. This is what we are doing." I haven't found any of it to be pumped up, superfluous or exaggerated. The 350 million was and still is a whopper of a statement, but even that is missing what one would think would be expected in a series of details that would make it seem more suspicious.
Having said this much, it doesn't mean that I have some sort of blind faith or that I haven't ran through every conceivable scenario that has been forwarded here. It could very well turn out to be some sort of reverse psychology and carefully orchestrated scheming to get our hard earned money parted from our hands. You would have to be insane to not keep your guard up down here, there are some very clever and devious individuals orchestrating any number of schemes and scams. In fact, taking all of this into consideration, all the players and former Equus people, the only conceivable angle I could see is if they were trying to regain their former losses in this new venture in an unscrupulous manner and that is a tall accusation to consider. I just don't see it, not with the way the former was handled and the effort exerted to go after them, legally, publicly.
So what does it leaves us with? Since this has turned into such a long winded ramble ... Two things I am learning down here, across all these various boards ... Pumpers and bashers. Kind of a vague, hard to pin down attribute when so many are ready to make it black and white, stereotypical. Anyone with a serious question or inquiry is often tagged with the basher label and similarly anyone drawing out information just as often labeled a pumper. It's not that muddy, middle ground but the extremes where the tag really does apply. Both of these extremes are irritating and annoying, that some get paid for this is a moral, ethical question of conscience and consequence I suppose, but it generally just causes indigestion. It makes reading through the boards irksome and wearying.
It just comes down to patience or lack of it at this point. We will know what is going on soon enough, one way or the other.
Well done spencyg.
Indeed, just amusing - The disclaimer pretty well spells it out, sames as Brikk mentioned.
BTW - Well stated earlier -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45833857
Much closer to the truth ... Add to that,
"Blackout's"
"NDA's"
Am actually impressed with a lack of constant PR's to placate the impatient or to pump this thing up. Behaving like a real company should. Some here need to study up on M&A activity ... Have been in the midst of one for 7 months now, it just doesn't work like the expectations fostered or presummed here.
The names will come and the apologies should follow ...
Essence ...
Don't bother posting much but do read a number of these boards where I have\had positions. Past history should be a dedicated part of due diligence as you stated; The good, bad and the ugly.
Have no idea how this new arrangement will work out but taking a cue from Joe I went and researched Tom Makmann to see if those things he stated about prior dilution, R\S's etc. were so. I can only say, search it out for oneself and draw your on conclusions. Sharing any of the bad here obviously is counter productive, hence the removal of the original and surely this will be next. Silly little game these guys play of removing very much on topic information. Sometimes it pays to take heed to the so called bashers, glad I did in this instance.
Too bad the free flow of information is squelched in a supposedly open forum.
Answering my own question here ... A couple of people mentioned that you couldn't do a market order sell for stocks trading on the grays. Maybe it depends on who you are using ... Being frustrated that I couldn't unload mine at any variety of prices, just tried a market order sell and it went through on Etrade.
If I had to do it over again, would have tried timing it a little better, like when they were @ .05 - not sure it would have made a difference. Nevertheless got out at .04.
Good luck to everyone.
The download limit has been reached for this file. Please contact the sender and ask them to resend the file.
https://www.yousendit.com/transfer.php?action=download&ufid=TzY1d0VLUENTRTZGa1E9PQ
Anyone tried a market order to sell?
I have been trying to unload my measly 10K shares for the last 2 weeks Tried limit orders for 0.05, then dropped it to 0.048 for a couple of days where L2 showed orders for the same and higher filled .... Tried 0.045, same thing. For the last 5 days I have had a GTC order in for 0.048, my assumption is that you have to get in line.
So I don't know how anybody could possibly be flipping this ...
Can't PM but does it not say ...
"Please do not." ?
larybaby, you gained credibiliy the last go around - Thanks for the update.
irregardless
One entry found.
Ads by Google
English Pronunication
Learn to Speak with Confidence 1-1 Personal Coaching
www.EnglishByTheHour.com
Main Entry: ir·re·gard·less
Pronunciation: \?ir-i-'gärd-l?s\
Function: adverb
Etymology: probably blend of irrespective and regardless
Date: circa 1912
nonstandard : regardless
usage Irregardless originated in dialectal American speech in the early 20th century. Its fairly widespread use in speech called it to the attention of usage commentators as early as 1927. The most frequently repeated remark about it is that “there is no such word.” There is such a word, however. It is still used primarily in speech, although it can be found from time to time in edited prose. Its reputation has not risen over the years, and it is still a long way from general acceptance. Use regardless instead.
http://www.merriam-webster.com/dictionary/IRREGARDLESS
http://en.wikipedia.org/wiki/Irregardless
"In my opinion, this PR was not about becoming fully reporting or transparent at all.
Two reasons.
1. It never happened.
2. It was not a "Stand Alone" Press Release.
This Press Release was a way to get Investors to look at the Jacksonville Business Journal article only."
It did indeed happen -
"-- Quasar Subsidiary Featured in the Jacksonville Business Journal --
JACKSONVILLE, FL, Oct. 7 /PRNewswire-FirstCall/ -- Quasar Aerospace Industries, Inc. is pleased to announce the Company has filed updated financial statements for the quarter ending June 30, 2009 with PinkSheets.com. Upon doing so, PinkSheets.com upgraded our status. It is our intention to become fully reporting as soon as possible."
The status was updated when PinkSheets removed the "STOP" sign and changed their status to "Limited Information". I would assume that they will become fully reporting when they actualy have something to report ... fully.
Yep, quarterly report - 20 pages. Nice work sl62, picked up your mention on the CE removal and low and behold a filing appears this morning.
Oh, so it's normal ... :)
Recognize and appreciate that ...
Just reads a bit funny, or at least it struck me that way originaly.
So he is speaking in the third peson now?
lol
Precisely.
Yes, do your DD and go read the lawsuit, make sure to check the names involved and just who brought what to bear on this. This is a redundant reply but just so you don't have to go looking for it ...
The lawsuit -
http://www.complaints.com/2009/february/5/RANDY_L_HARRIS__865_ANGEL_DRIVE__ELLIJAY__GA__STE_202955.htm
Marty ratting out the crooks -
http://www.quasaraerospace.net/PR20080421.pdf
Misc. -
http://www.quasaraerospace.net/PR20080416.pdf
http://finance.paidcontent.org/v?Pag...&GUID=8303251#
FWIW ... "Bold Stocks" is an offshoot of Stock Guru - http://www.stockguru.com/, they call the later a 'sister site' but it's really the other way round. Stock Guru has been paid to cover Quasar through the end of this month and frankly has done a fair job of it, at one point I even sent an email suggesting they ought to design the website for QAI. At any rate, "Bold Stocks" has only just recently sprung into existence, but they are more or less one in the same.
While it is funny I don't know what anyone would expect otherwise.
"Yes, It's a scam, if I were you I would sell all my shares. But please don't tell anyone else"
Curious about some of the conversation the last few days regarding the buy back. Some are talking about it as 'resuming' this week. From the PR;
JACKSONVILLE, FL--(Marketwire - November 2, 2009) - Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)
Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., has notified the company that he has completed his purchase of $50,000 of Quasar Aerospace Industries shares. This purchase was in compliance with SEC Rule 10b-18 and the shares become restricted under Rule 144.
The Company will now resume its Buy Back Program, and the Board of Directors has authorized the officers to repurchase up to 20% of the total outstanding shares. It has approved the repurchase of up to $250,000 worth of stock for the first two weeks of November. These shares will be retired to Treasury Stock and reduce the number of outstanding shares of the company.
Wouldn't that have ended last week?
Rickszy,
I concur and remain still very cautious, the difference is in that I am already well into this and up to the last PR was very concerned, suspicious, paranoid even.
Right now I cannot get past the obvious aspect of what we have being publicly reported - $350 MILLION dollars and you have got to love even the way the PR was worded to make sure that it was understood by numeral and written out ... That is a huge number. As far as I am concerned this is putting everything on the line, it is extremely black and white - This is either the most blatant and absurd 'scam' ever perpetrated or ...
To be honest I have waffled back and forth over this since day one, sometime in August. Have followed this board religiously throughout and only recently jumped into the fray. The DD is a bit like being a Private Eye but it's out there, a lot of it can be extrapolated from many posters here and sought out. At one point I went back to the first post here and read (speed read style) up to a couple of thousand. It lent itself to reading up on the former company (Equus) and the subsequent lawsuit - The names involved, the lengths they went to to go after the former criminals ... It lent itself to some credibility and still does even if I remain cautious. Quite a bit more could be said. The recent increase of the OS still has many wondering ...
Something I did want to throw out there as a lingering ... musing that I have had for awhile is ... I can't help but think that there may be just some naiveté' on Dean's part regarding the publicity side of matters. One of the things that drew me in originally was the "Conference Call" - A bit botched in the beginning but his demeanor and disposition gave me a sense of being very much Old School. At one point there was a question asked about being listed on the OTCQX(?) or a higher tier and Dean's response was basically "What is that?" I took it as somewhat refreshing, that it was really the least of his concerns at the time and that naiveté' again. Had the same response about the website as you did originally but also plug this into the same musing wondering if it isn't more of the same. The PR's themselves - They seem just bizarre if this was some carefully crafted setup - "Halt the buyback, I am buying some of these cheapies" - "Done now, commence the buy back" - It's lacking all the usual spit and polish that would go on with the pie in the sky claims, all of it in broad daylight. It's what has made this far more intriguing.
I remain a hair skeptical still, a bit less cautious perhaps after Friday's PR - But I also picked up another chunk for the collection on Friday. :)
PS. Where did you meet up with the Red Rocker? I ran into him in my old job some 20 odd years ago.
Yes I agree, might be a nice piece of verification to add to the mix. It was merely an observation and a curiosity.
Getting more ink -
http://www.foxbusiness.com/story/markets/industries/industrials/quasar-aerospace-industries-ceo-dean-bradley-announces--million-funding-secured/
http://finance.bnet.com/bnet/?GUID=10771342&Page=MediaViewer&ChannelID=3198
Would expect Stockguru to come out with some sort of blurb Monday, extrapolating off the recent PR. About two weeks left on the coverage.
Trying to flesh out something from the sunbiz filings;
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=F08000002748&inq_came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=N&names_comp_name=QUASARAEROSPACE&names_filing_type=
For instance;
Title DS
VAUGHN, DANIEL C
44011 SE 78TH ST
SNOQUALAMIE WA 98065
What does "DS" stand for?
Title Definitions
The following are abbreviations found in the "title" field for corporations and limited liability companies. Other title designations may be found on our records that are not identified on this list.
P - President, Preacher*, Pastor*, or Priest*
V - Vice President
S - Secretary, Sister*, or Sergeant at Arms
T - Treasurer or Trustee
R - Receiver, Referee
C - Chairman, Cashier, Controller/Comptroller,
Commander, Chief, Commodore, or Colonel
B - Bookkeeper, Brother*, or Bishop*
D - Director, or Deacon*
F - Father*
E - Elder*
A - Apostle*, Administrator, or Assistant (when used with another title, ex: AV is Assistant Vice President)
O - Officer or Overseer
Q - Quarter Master
M - Manager or Missionary*
G - General
L - Limited
MGR - Manager
MGRM - Managing Member
CEO - Chief Executive Officer
Please Note:
One person may serve in several capacities and abbreviations will appear with several designations. Example: PDST would indicate the individual listed serves as President, Director, Secretary, and Treasurer.
It is recommended that titles for one type business entity not be used for a different type entity. Example: MGRM is the designation for Managing Member for a limited liability company and should not be used by a corporation.
* These abbreviations may be found with some nonprofit corporations such as churches.
http://www.sunbiz.org/titledef.html
What I am trying to ascertain is what role Daniel Vaughn has here with Quasar. Is he merely retained or in effect on board with the company? The assumption would be Director\Secretary in this instance while recognizing "Other title designations may be found on our records that are not identified on this list." as a disclaimer.
Appreciated jr
"There is a lot of 3rd party independant verification on this thing."
Could you or someone else please elaborate on this? There seems to be a great deal of similar mentions in this vein.
Just some examples or links, experiences, anything to butress this.
Thanks for the correction Crystal - "Legitimately"
Hello brikk,
First off, I am certain I got off on the wrong foot here several days ago ... I am of the legitmatley annoyed camp but am neither bear nor bull in the truest sense. I am very suspicious but also heavily invested here, so my 'hope' is absolutely that this thing plays out.
Was looking at Pinksheets this morning;
Short Interest
Oct 30, 2009 188,802
Oct 15, 2009 0
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=QASP
Curious the take on this in the grand scheme of things.
Hey sl,
Thanks for injecting some counter, food for thought into this seeming blood-bath - The jury is still out ... it certainly reminds me of those days when the dog was being hunted so relentlessly.
Pop over to the old haunt sometime
Small world sl :)
LT here ... A couple of hints - Page, Rhoads, a dog that sings the 'blues' ...
Haven't seen you at the usual haunts in some time, miss your input. Haven't frequented the later much either but reverted back to the former SB in a subsidary form. A lot of code there but I am also a freebie here and have no way of PM - Look me up sometime ...
As usual, great breakdown here and I think you have it nailed pretty well. Got in way too high a few months back but recent days have allowed me to shave my avg. in half. My suspicion is this may well reverse sooner than we think.
Actualy I have read the entire Equus lawsuit and did similarly - Searched all the associated names etc. Most certainly it is not just here that I have sought for information. I have spent quite a few weekends researching this company and occasionaly see the same efforts shared here.
A great deal of the discussion here is centered around 'believability' that is not always centered around known facts ... Not my reason for popping in here, I am not interested in a great deal of speculating and of course want to see this all succeed. At any rate it does appear that the link I was attempting to insert here was the trouble.
The sunbiz site had a recent entry;
QUASAR AEROSPACE INDUSTRIES, INC.
Filed 11/3/2009
Officer/Director Detail
Name & Address
Title VPVC
LUNDQUIST, R. MARK
(Link removed as I suspect this is the problem, was using the tinyurl)
Some follow up on Mr. Lundquist -
BACKGROUND*
Mark S. Lundquist serves as a Senior Vice President of Quasar Aerospace Industries, Inc. Mr. Lundquist is a Co-Founder of Halberd Corp. and has been its Chief Executive Officer and Secretary since January 26, 2009. He is the founder of Fulcrum Edge, Inc. and serves as its President and Chief Executive Officer since 2001. He spent fifteen years in the aerospace and defense arena before coming to Detroit to work in the automotive and high-tech automation industries. He ... has held executive positions at Grimes Aerospace (now Honeywell), Valcor, Aeroquip-Vickers, Mannesmann, Bosch and Norgren. Mr. Lundquist also founded WebAxia, Inc., an online based business focused on website effectiveness, as well as co-founding Petronom+Hydronom, LLC, a distributor of water purification and combustion engine fuel enhancement devices. He is a mentor to Detroit's TechTown and Ann Arbor SPARK, two high tech business incubators; and sits on the advisory boards of multiple firms. Mr. Lundquist serves as a Director of Halberd Corp. He is also an Executive Faculty Member of Wayne State University's E2detroit Entrepreneurship Program, an instructor for the University of Michigan's entrepreneurship immersion programs, and a contributing business writer to Michigan SmallTech, the state's micro- and nanotechnology association. Mr. Lundquist studied astrophysics and engineering at the University of Illinois at Urbana-Champaign and has a Degree in Mechanical Engineering.
http://investing.businessweek.com/re...08&ric=HALB.OB
First post - Long time lurker. Have been attempting to post a piece of information but keep getting logged out. Perhaps it's the link.
Have been in QASP since August, done a ton of research and follow this board daily. Right now I remain suspicious and skeptical and to be honest it is refreshing to hear the hard questions being asked over against the seemingly over exhuberance that is constantly forwarded here. I would like to know just what it is in the name of DD that some here have espoused that appears to allude so many others. As it stands right now there are no financials to speak of, short of, what a thousand dollars in their checking account?
I have also written emails to Dean and to Jamie politely asking for more information on the share structure and the status of the aquistions, but have received no response.
I have a substansial amount invested here and just want the facts.