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Your assessment is unfortunately very reasonable based on our past experience with QASP. Although I am betting QASP will eventually do everything or more that the bulls think it will, there are far too many reasons to believe in continued delays and disappointed expectations that I don't see us turning around anytime soon, unless Dean starts over delivering and the upcoming news on acquisitions go beyond negotiations and provide us with closings, funding in hand, more transparency....would sure be nice to see the bleeding stop!
I think so. I am in at .0135 and underwater too. It sucks not having more money to average down, but this company should easily get back to .02 -- the sooner the better, but it looks like we may have to wait a while.
being out of money sucks right now.
congrats to those lucky enough to not have gotten in when I did and are buying now. based on where this is likely going to go, you guys are getting in dirt cheap.
yeah, i'm not happy about QASP's missed time lines and less than stellar PR's, but I am holding for the longer term when the good news finally (I believe) comes. could've, would've, should've...
Oh well, sitting underwater until things turn around.
Expected time lines:
"the charter company which we will close later this month."
"An announcement regarding the progress on acquisition negotiations for Quasar Aerospace International to take a controlling interest (in Mineseeker) will be made within two weeks."
I guess the latter is just an announcement on "progress," not necessarily saying it will close...
But this all seems to suggest that by the end of this month we'll be in the toilet or back into the .01's, possibly beyond.
The fact that QASP is still announcing, on behalf of Mineseeker, these updates seems to indicate that the deal is still on the table.
Yeah, that about sums it up!
I agree with that. I'm just looking for some follow through, not a grand slam, tomorrow. I think this will take some time to unfold and grow (as high as some have predicted, in particular)... I am not expecting a huge increase in pps, but if news is reassuring in that it restores/builds confidence in what is going on, I think the downtrend will be reversed, and we can look forward to the unfolding process to the upside.
Sounds good to me. Cheers!
Exactly. All we need is a base hit. Well said.
I agree. I'm hopeful for the start of a stabilization and uptrend from here. Let's see what tomorrow brings.
There are lots of gray areas here.
Most people do not have Banker's sort of knowledge. Maybe they should.
On the other hand, QASP has released some PR's and made some time line predictions....
Any investor in this should know the major concerns (i.e. the funding and the possible acquisitions that the funding is for...) that are said to lead to many multiples of growth from here...
Where one draws the line...one could make a Goldman type of argument that the buyer is "buying the risk," (whilst Goldman not only sells the shares in XYZ to him...they turn around and BET AGAINST those same shares they sold to their client)....anything remotely similar to this to me is very shady, and if it is virtuous in any sense, it is only the cunning, calculating, "it's all business" category. Is that something QASP is modeling?
I hope not...I will make enough money from here without the deception and cunningness that will leave the bodies of not simply the impatient but the deceived and in light of doubts that the company helped to manufacture with all of its stated objectives, time lines and failures to deliver...
You see?
I think the pps is low enough. It's time to deliver. I understand that delays happen in big deals, but Dean has not only NOT backed off from specific predictions....he has became continually MORE specific...i.e. this Thursday!
We will Know about the credibility of the PR's very soon. There may be a more cunning agenda, but I admit that will take longer to discern.
Just some thoughts...I hope to make money on this and do not consider myself a flipper.
I don't commit myself to what I said the other night. My doubts maintain a certain consistency, and my faith and "pro" QASP will become stronger as publicly verifiable reasons grow...
I will not say that I will give up my shares if Dean fails on Thursday...I have also said that I will sink with the ship or ride the rocket, and that is only because of others' opinions that I put a lot of weight on, but I'm not afraid to call a (not a spade) a club a club either...and granted Dean COULD fail to deliver Thursday and hope to capitalize for the company in lieu of knowing many will bail and lose the faith...
Would that be a wise/good or shrewd decision for him to make? Ethical/virtuous? These are perhaps though not necessarily mutually exclusive...
I may well ride through the storm (wherever we end up...that is the going plan), but at the very least Dean will lose credibility....and play that perhaps to the "benefit of the company" against the expendable little guys?...you get the idea...I'd rather see the company follow through personally. doesn't mean I am committing to sell if another setback occurs.
I still think this is a great risk/reward proposition. It is doubtful a scam, but one must always be vigilant with pink sheet (or any) investments.
Many people feel this way, including me for the most part.
PR's have already been missed more vaguely. To miss this very specific target date, on top of the other "delays" or worse would be very bad indeed for Dean's and QASP's credibility in of all this...
Even if it is not a huge PR (may not live up to expectations), it is crucial for them to deliver something, an acquisition, that is publicly verifiable and a done deal...
tired now sorry. Yes, this week is crucial. I'm optimistic for now...always subject to change (hopefully not though)...
I am fully invested. Would I have rather loaded the whole boat at .01 or less, yes! but I think we've stabilized...
I sensed we turned the corner with Friday's PR, but Thursday/Friday this week is the real test. Even if this acquisition is somewhat small potatoes compared to others, it is Dean's credibility on the line and what that says about the rest of the story that is really on the line this week. AND if this acquisition plus the heli parts cost some serious coin, that will prove that we have SOME funding that is beyond simply dilution...
Of course failures to deliver will be met with harshly, IMO,especially now, but my bets are in favor of Dean and QASP...it's simply hard to believe they would be so incompetent or otherwise shady to go from weeks, to days, missing "deadlines" along the way, to MAY 6th!!! specific PR announcing closed acquisition...if we cannot get this right or if we get this right...whether it's small or not....will speak VOLUMES on the credibility and likelihood of success, and just to be safe I give it to the end of next week...
Until I have other reasons...I think this is the single most crucial period of time for investors in QASP history yet. I am reasonably optimistic, aware of possible setbacks...
Go QASP!
I hope so, friend. A lot of good people will lose a lot of money if this is not redeemed at some point...Most of the good guys are underwater on this right now, and my own feeling is that Thursday's (stated) PR and immediate short term are important in helping to change course. I simply hope we stabilize and/or inch up, let alone make it back to .02 this month.
talk of a $$$ stock is simply off the table right now.
I will just say that I am going down with the ship or up with the rocket. EOM. Good luck to the good guys.
Many of us have a lot at stake. For me it's money, because I'm the one doubting in spite of my hopeful investment. Whether a genius or not, in this matter I take myself to be somewhat dumb lucky if this plays out, because apart from having faith in what some have said, the reasons for optimism have been scanty in light of recent events UNTIL LAST FRIDAY's PR, which naturally leads us to THIS THURSDAY...many reasons to doubt this is a scam, but the pps is king and all that matters for an investor at the EOD...This week will set a new and UPlifting trend or it will not. We will find out!!!! I think this week will tell us what to expect from the big picture going forward, other than some extremely insightful or warranted excuses in regard to this (yet another) problem...Hopfully, and I really mean this, we'll have all the news (at least or more) on Thursday...If not, be prepared for black friday...
Thanks to you and Brikk and Banker and others undisclosed...
I am in this, and in truth I already had more in than I put on Friday...and I'm at .0135 average pps...knowing this is pretty decent compared to many.
I'm saying this is a very important week. i am hoping things play out according to plan...let's leave it at that, optimistic yet ready for doubt and more than that if things don't go according to publicly stated and numerous times...just more specific last time.
I hope to be sitting on a gold mine, and I fully expect to know what I am sitting on by the end of this week.
I will be a lot more friedly and "gung ho" if things go according to plan...whereas I will be the opposite if yet again not.
NN.. is indeed the rock. That's why I don't have to spend time on that board. This one, if it comes to pass, will pay me much bigger, better payday...so that's why I am here =
this is a HUGE gamble for a HUGE reward. The reward is potentially far bigger than the loss. However there is very real possibility of a loss, and once decided, to lose everything...and it will hurt!
One is fool to take anything for granted not only in general, but especially investing in a stock like this...do your DD, make your bets..and some would say support them or otherwise stay silent. I'm not a typical person...it is a good gamble, a good chance of paying off, but I will question this all the way til payday or until rock solid evidence of its truth....or else seek revenge for many false promises. Thursday is D-day on this investment.
I am ready to support this all the way. I am ready to admit defeat and deception and pursue justice too! I read the PR's.
There is no escape from what has been printed and released.
Thanks, Banker. I don't have PM capabilities, but if you'd care to discuss things in more depth, please leave me some kind of contact info PM.
That said, even my friends get fed up with me asking too many questions...do you know why Socrates was put to death? Do you think Socrates was a noble fellow or not?
I am taking nothing for granted on QASP. I have let their "weeks" be months and their "days" be weeks. Should I let their "May 6" be some other date? My friends may think so, but I will have a hard time believing in this if this date is another failure to deliver..."company 1st, shareholders 2nd"...I didn't wait, I gambled, I am invested...where is that going to leave me...we'll see....like I've said...I think we've turned the corner...
BUT this week will tell us a whole lot positive or negative going forward.
Much respect due to all who have helped me along the way, in spite of my doubts.
don't mean to slow anything down. I am all in indeed, and I am betting to QASP delivering by May 6.
All I'm saying is failure to deliver on that date will NOT be good.
Maybe good for "the company," but not for shareholders...
-J
You might be giving me way too much credit :)
I did go all in. For some reason I am seeing the counter side of this also. I am more cautious insofar as past PR's have failed to deliver, but I trusted enough to go all in on the last PR...that is the truth, but I am questioning if that was the wise thing to do.
What I am saying is by the end of this week we will know, at my expense or profit.
LOl, I hope you are right...history would suggest we will test .009, then .008, then .007 and as close to 000 before dean can stop diluting or this turns around...I do agree that friday's PR is a turn around this abysmal pps trend or bust...by the end of this week QASP will be a complete failure or huge success...we will know by the end of this week.
Yeah, that's a possibility...I admit that is a bigger tune than I've been capable of...
But BANKER...a real worry that has occurred to me and haunting me is what you in fact said about what Dean told you "the company first, shareholders second, ..."
If the company is first, who really cares what becomes of us who have supported the company, some more than others, until now?
Why not just raise the A/S or reverse split this, kill all of the investors now in this and start all over again?....this could help he company, kill the shareholders...but shareholders are expendable.... I am a bit worried....I will say that this week is absolutely critical for all of us investors, and I understand anyone sitting on the fence not manipulated by greed to get in so early...it is a real Russian roulette right now.
I generally think too much credit is being given to the MM's. If this company is "to the moon," I think MM's are a nice excuse when failures occur, period.
I have a lot of sympathy for that.
I will not only support but become one of the best bashers I can possibly be if QASP fails to deliver this week.
let's see some action next week...
QASP investors all ready to celebrate and time will tell what we have.
In the meantime, and signing off for now:
and just because I'm here...
a little "friendly gesture for you"...
put NNLX on your radars (see yahoo message board of all places for great DD...be discerning). My good buddies and I are in that one big time....QASP is the gamble...NNLX is the rock...will save my gambles in the 2.36-$2.50 range and riding it higher than that most likely.
Take note of BMGP for the future.
I'm watching QASP this week...all the way through. Locked and loaded.
Right on bro:
Ok, thanks.
What can I say...I'm a gambler, and I'm in...lowered my average to about .0135 -- about as low as it will get...I'm out of funds!
Going down with the ship or up with the rocket!
More conservative investors have time to wait and see if we make it past .02 before investing...I totally understand waiting...You could lose it all right now getting in at this point, and I know that's true. Or you can wait and get in .02+ ... even .05! shoot...if this will be $1 you will not only still make a killing but be a lot more secure in your investment. I understand that 100%
I'm just a little crazy...
I'm not a big chart person, but while you circle the MFI the RED VOLUME is HUGE! I don't know how to interpret that...I'd rather see big green bars on volume, right?
I will admit that I contributed to that MFI...I put the last of what I had in at .0098 near the close. I hope that was a wise choice, but I'm aware it was a gamble as well.
I still think QASP is a gamble. Nothing is for sure or we wouldn't be at .01.
PS Please send me your email, and I'll get back to you -- I don't have PM priveleges right now...if QASP succeeds, that's different.
I can understand a strategy that would be inclined to wait and see with QASP, however. If QASP is going to $1, let alone $30!!! lol
Let alone .02 or .03 or .04....
what is the rush to get in now???!!! unless you are a gambler like me and could lose it all -- not the best strategy. I do have one back up however....if they both fall through well...at least I was born in America...I will find a way!
Buddha
I would keep complimenting you, but you get the idea.
I think you should consider re-investing....well, my money is in, so of course I say that....
I DO understand skepticism, and frankly this is one of the biggest gambles of my life.
Absolutely, I've harassed my friends and BANKER, among others, with my questions -- all with good intentions and fully invested at the time. I take Ikaui to be in a similar position, asking good questions.
I don't know what your motive is, but frankly you may finally consider re-buying or what have you on Monday (risk/reward, your available risk $ etc) -- I really do believe Friday's PR signaled a momentum shift, but if I am wrong...and these next two weeks show that we end up worse than we are now -- I will say with as much confidence as I can have that the game is over. We've missed so many deadlines. If things don't fall into place now -- and I threw in an extra week for good measure....we better get a PR thursday I will say that much, and it better be good also.
Apart from that we should see the PR's take a notable turn for the positive, see more transparency from here...that's just what I'm betting, and you can know that my finger is on the sell trigger...I'm not taking anything for granted.
I've always taken your posts seriously.
I do believe we've turned the corner, but I hear what you are saying...Maybe I and the other longs have just been duped.
The last PR was way to specific...no more "in weeks" or "days" from now... May sixth period!
Plus, "money is in the bank" not only for an acquisition but for all those heli parts and gov't clearance.
Frankly I cracked my nut to buy more on Friday. I hope it pays off. The last PR signaled to me that we have turned a corner, but I could be wrong and lose even more money on this...
Thanks for your sincere concerns, however. I recognize a decent question when I see one, unlike some others...
It is still a gamble...give this 2 weeks, and we will know conclusively if this is a POS or something more worthy, if we didn't already know, IMO.
I was just being conservative :)
all of those concerns are indeed founded and should be maintained until resolved.
I personally turned the corner on the last PR, for what it was worth, in the context of everything else going on. Not only have the most specific timelines to date been announced -- ok, no PR by Thursday and I may be hanging myself by my own tree -- but very positive foundation being laid. I've always been a bit of a skeptic...but the last PR either lured more of me in to my doom or I am right that we have turned a corner....
There should be at least 30+ million "in the bank" now. The dilution should stop or what seems to be dilution is not added to the float and is really going to the loan and/or to pay off some expenses...these next 2 weeks are really crucial now.