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Volume has been to low to even come close the the increases lately. Especially when you divide the volume in half since you would have to have a buy for every share diluted if they were hitting the street.
That was my take on it to.
Very soon the dots will get connected.
"Unfortunately our time table is not the same as some of our investors, but we hope to be on the same time table very soon."
Hopefully we have the same definition of "very soon"
lol
I am betting we do.
I have been to.
I am just tired of the temptation of these "cheap shares" every day. (I am even more tired of the dribble on this thread and trying to reason with the unreasonable)
Its time to let our little baby start spreading her wings for flight.
Already did (.0139)
I say we have had more than enough time to add to our positions. It's time for Dean to cut the apron strings and let this thing go!
Character is how you act in person.
Integrity is how you act when hiding behind a monicor on a message board.
A lot can be gleaned about Quasar from those who post with "integrity"
In my humble opinion......
Pssst....
Got a secret here....
Don't tell them but Deans phone number and email addy is on most of those "fluff" pr's.
Shhhhh.....
And what kind of moron makes a pledge for a huge amount like $1.4M and lets the organization put his picture on their web site?
The lengths that people will go to to scam me out of my investment.
The audacity!
LMAO
And it's pure genius how he got all the others to go along with his scam and put his fluff pr on many of their web sites!
Its a pledge.
"Since we currently don't have a way to earn that kind of money in the way of profits, its a foolish notion."
The pr's told us the first 4 acquisitions are very profitable and the next 2 will double that. Then there is Mineseeker and Tigerfish profits. There is also that pidly financing package of $350M due to hit any day now. Shouldn't be hard at all to honor this pledge imo.
Of course if this is just a P&D then it seems silly to get pissed about a pledge to any cause.
No implications, seems pretty obvious to me
LOL.
I guess its better to be late to the party than to miss it entirely.
So it means nothing to you that Mineseeker (not Dean) puts out a press release confirming Quasar has taken out an option and even gives a name and phone number?
You would rather take issue that he hasn't released the names of acquisitions 1 and 2?
I'll take this confirmation over your complaint any day.
LMAO
And confirmation of an option to take controlling interest of the operational side of Mineseeker is even bigger news!
Are you kidding me?
Look at the left top of this thread for a little newspaper and the words, "NEWS ALERT"
It's a pledge, which mean the money is forthcoming and not already paid. Sounds to me like it is coming from funding.
Part of the deal? Not a bad one considering the returns Mineseeker will bring us.
Forget about the donation and read the whole release.
"Quasar has taken an option to fund Mineseeker Operations in a multi-million dollar programme."
Confirmation from Mineseeker in black and white (with a name and phone number) and all that is discussed is the pledge for $1.4M?
Geesh........
I quit trying to check Ihub on my Blackberry. As you get older its to freaking hard typing on a phone.
Have to be careful checking share price on phone to. Sometimes you do it so often the wife thinks you have a girlfriend..lmao
It's called third party confirmation and thats about as good as it gets if you trust the third party. For example, if a dozen people call Tigerfish, or Mineseeker, and confirm information we have from a pr, and I trust some of those who made the call, then I can accept that information as confirmed.
"How do you or anyone else here know what is really going on without it being stated in an official PR? If it's not in a PR, it is officially rumor." In pinkyland you will get in big trouble if you think information in a pr is truth. This is why you do other things so that you can confirm from outside sources, or third parties, information contained in a pr.
Anybody can put out a press releases stating they plan to make a gazzilion dollars this year, but that doesn't make it true, nor is it illegal. We all expect to make a gazzilion dollars this year even though it is highly unlikely. Press releases aren't worth the paper they are put on. The truth is only what you can confirm yourself, or through a third party.
Welcome to pinkyland!
You seem pretty adamant that we only discuss with you your specific question, which you view as a legitimate question. Looking back at your posting history it is difficult to pin down what it is you want to discuss.
Furthermore, it appears you are looking to argue rather than have an honest discussion based upon your last 30 or 40 posts.
So enlighten us, repost your original question (or observation)about Quasar.
But be respectful to the replies you get and remember we longs take more heat for our faith in Dean than any of the bears.
Not that it matters but I disagree.
I think it was orchestrated for the sole purpose of moving large blocks. We know that the O/S increases lately are larger than what has traded. Looked to me like whoever is holding some of the shares Dean issued wanted to move them into someone elses hands.
I do not believe that many shares were "shook" from nervous retailers yesterday from the volume we had.
That's my thinking anyway. This and a buck will get you a cup of coffee at McDonalds (grin)
That was no shake, millions of shares traded hands.
Today should be real interesting......
Right! And then it will increase to accomodate the lenders 40%.
Nothing more, nothing less. This has been pr'd and repeatedly confirmed by many.
All other interpretations are just lame attempts to create doubt.
As I recall we have already been told the first 4 acquisitions are profitable companies. We have also been told the second 2 will double those figures and no one knows what profits 7 through 11 (or is it 12) plus Tigerfish will bring. And then there is Mineseeker, which many believe has the potential to exceed all the others combined in profits.
Things that make you go hmmmmmmmmm........
This article went unnoticed by lots of people. If this was a scam like the bears claim, why didn't Dean PR this article? The main ingredient to a P&D scam is the pump and yet there was no pump here.
Hmmmmmmm.....
The investors (which some here refer to as the lenders for Quasar) are giving Dean the money. The policies are put up as collateral to the tune of $1.4B in life settlement policies to secure the $1B. The investors are the ones taking this money and reinvesting it in projects that will bring them the highest return such as Quasar.
There are many arguements for the delay but the fact remains these investors, or lendors, or financers have a big say so in Quasar.
I disagree. You have to remember this has been in the works for 4 years now. Its been 9 months since R/M into EQUR and a year since investors knew of Quasar. Its a safe assumption that Dean wouldn't have moved his plans forward without an agreement (and plan) with the funding group in place putting all of this well before the current economic crisis.
You also have to remember these guys aren't investing the money out of their own pockets. It comes from a $1B bond secured by $1.4 billion of life settlement policies. So they have $1B to invest and have elected to use $350M for Quasar. You can bet your last dollar they are looking for a huge return on this investment.
Many people are unhappy with things thus far and blame Dean. In reality, its the lendors calling the shots in my opinion. I know if it were my $350M on the line, I would demand control. We also know that once money hits, and first 6 acquisitions are closed, Dean will no longer be the CEO of Quasar. This has been confirmed by numerous sources including former IR who told people the new CEO is the current CEO of acquisition #1.
Dean's job is to keep things moving forward until the money is in place.
Like it or not he has done a pretty good job of it considering the delays in funding.
"Big companies like GM, Chrysler, JP Morgan, Bank of America can't get loans for 350 million from private investors, why will Dean be successful?"
No, they get free money from a government bailout after running their companies into the ground. Ask GM shareholders how they felt about their shares last year. Oh thats right, GM cancelled them and reissued new shares giving the government a large stake.
Quick lesson here on these types of bond issues. The group putting it together is a large group of financial investors. The insurance policies are bought from the older folks and put together as collateral for the bond. The funders for Quasar then take the money from the bond issue and "reinvest" it with the single goal of maximizing their return.
"Why would this so called mysterious Inver group from Ireland trust Dean with 350 million" Simple, these guys saw value in Dean's plans and agreed to back him with $350M, with the only intent to maximize their return. With this in mind, some of us believe they brought the Tigerfish and Mineseeker deals to the table to substantially increase their return on investment in Quasar.
So to some of us it makes perfect sense for private investors to put $350M into a company like Quasar. Investment groups put that kind of money into companies all the time if they see a strong possibility for a huge return on their investment.
"Just give us the truth" Thats what we are all waiting on. Question is, will you accept the truth when it comes.
I am content with the .0151's I added yesterday. Finally got my average down to .018
DBAB is the guy with the bucket. Once he starts bailing water the boat stops sinking and the more he bails the higher it floats. Eventually he will not need to bail any more water and the boat will sail.
Hows that (grin)
LCCI is no longer trading. Looks like R/S was done to take the company private.
Scumbags!
Looks like they did it to eliminate all shares and return to the private sector. It's no longer trading.
Talk about screwing your shareholders
I agree.
Actually we do know that from iKauai's phone conversation with Dean
Question, "I asked for him to confirm details about the 40% of the O/S going to the lender."
Answer, "He said it is in relation to the time of issuance, but he didn't say when that issuance was or would be."
Sharing the cost is a non issue. Dean knows what he wants done by the engineering firms. I suspect he is waiting on them to submit proposals on what exactly they have to offer for Tigerfish and if they can do it within the budget set up for it. I am guessing here but I would also assume he is looking to see who gives us the most bang for the buck so that he can use them for other programs (like mineseeker and Quasar planes).
And here is something to consider, these meetings in Germany went on for at least 3 days. Giving them the plans to bid for Tigerfish would have only taken a few hours at most. I know this is a leap but it is possible that part of the bidding going on is whether or not the firm selected will be interested in being acquired by Quasar.
Just a thought.
Banker confirmed Dean was in Germany and is back now. He posted it yesterday.
It is obvious some of the increases have been sold to someone for cash to cover expenses and trip. (HDSN confirms this)
You are correct, 900M is the most he can use because 40% of O/S must go to lenders (with 3 year restriction).
Since O/S is still increasing, and 600M (give or take) hasn't been issued yet, it is a pretty safe assumption funding hasn't closed. (Which kind of explains small increases in O/S so Dean can keep moving all of his projects forward while he waits on funding to hit)
I do not believe buyback has restarted. I still believe we will see huge increase in volume and share price to indicate buyback is on. (Which also should confirm funding is in place) I believe major news will hit after this happens.
All in my ever so humble opinion!
Sadly, nope. Until Scotty goes to jail he will continue this imo.
Another R/S by Scottyboy.
Unbelievable