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.
Suckers is an appropriate description given the history of QASP, and the CEO's actions both before and after taking over.
Yes averaging done is an excellent investment decision and should be done whenever possible, nothing bad will happy such as losing all your money. All IMO, also Joe is the best CEO ever, done an excellent job turning QASP around, just look at that share price, go Joe! Next stop the moon!!!!!!!!!!!!!!!$&@@-!!!!!!$$@/!
Yes averaging down is an excellent idea, no one ever lost money averaging down. Just as the hundreds of people that have invested in QASP over the years, I'm sure they are very happy they chose to stick it out and average down.
Best idea ever, go Joe!
Except for the share price, or the lack of profits, or the ever present needing to wait for some event that will take this to the moon. Sorry, nothing is different.
False, QASP is nothing more than a share selling vehicle, I wouldn't touch it with a 10 foot pole. Sevis? Lol right with QASP there is always something right around the corner that will take it to the moon, it will never happen. IMO
That's funny because my broker called me and congratulated me for not investing in any more pinksheet scams, my account is looking much better. I asked him what he thought about QASP and he laughed and said I should have my head examined if I was thinking about investing in that pos again.
My broker is tight with the non-pinksheet scam industry and said I should look there instead.
QASP is justascam and Joe is justapinksheetconman wrt the hard drive, I'm sure it will confirm the above, justimoeveryoneislying
The fact that it's only down 36% makes it a good day.
Unfortunately he did it at the expense the of the common shareholders. That may be why no one wants to talk about it, hitting the reset button on the common shareholders with the 1000/1 R/S was not a smart move. Now everyone understands what Joe thinks of common shareholders and the market has taken it to heart. QASP is done.
He dumped his stock as soon as Dean gave it to him. How else was he able to pocket over half a million on those shares? Lol illogical indeed
I agree, after Joe was done selling the shares that Dean gifted him it was clear that Joe was out to destroy QASP and took multiple avenues to accomplish his goal. There was a marked increase in negative attitudes and many turned against Dean a little after Joe's last batch if super discounted shares. It was clear his goal was to destroy Dean/QASP and take over.
And he did, now he doesn't need to rely on Dean to get his pay from QASP, just just gave himself a bunch of A shares and added dividends to them lol.
I don't know about you, but I prefer stocks that go up. Not that crash to less than 1% of the value the stock was when the CEO took over.
When a stock is trading at between 1 and 3 cents, getting millions of shares at .001, is not a risk. I wish I could assume that risk.
Doesn't matter, QASP is a joke. I don't need to argue, or make any points or call the CEO bad names. Here, I'll let the stock's chart do the talking. Just as a reminder Joe took over at 1.2 or so. He has actually done more damage to the stock price than Dean, now that is an accomplishment!
Go Joe!
Yep poor Joe got caught by Dean by making over half a million selling discounted shares Dean handed over to him for next to nothing! I don't feel bad for him, and he didn't explain a damn thing in that post. Try again.
Just where Joe stood in all this, in the beginning, is open to interpretation of facts, since what is given can be read different ways.
Why would Joe go after his business parter and BFF? We know that Dean was giving Joe sweet deals on QASP shares that made him half a million or so, I doubt Joe was to go down that rabbit hole. No, Joe will just waste more shareholder money on his personal vendetta and continue ignoring Dean IMO.
So are you saying the A holders are getting over $2,300 each month?
Wonder who is paying for that?
Incorrect, Joe was dumping shares, even Joe admits as much. He did say he make over half a million dumping share for Dean. Are you saying Joe lied?
I'm sure he got a kick out of making so much money off the people he eventually R/S completely out of the company.
Thanks for the trip, I'm guessing Joe was taking advantage of that and dumping millions of his shares his business partner Dean gave him. Sure is odd that is hasn't gone after Dean yet.
Kendrick, as a low life scum/scammer ranks just below dean and slightly above Jeff.
All I know is Dean and Joe were business partners and the creators of QASP and both pink-sheet conmen. Jeff is the same, just small time and a bumbling fool IMO.
Investing in QASP/NHSH or any stock that has any connection to those three is not smart IMO.
lol - They didn't need to do anything to kill Q. All they needed to do was let Joe take over and he would kill it for them. He did a damn fine job of it too.
I agree, Dean, Joe and Jeff should all end up behind bars.
It took two years to charge the CEO of SmokeFree Innotect. I don't think Dean is feeling very secure these days. I do hope he is enjoying every day to the fullest.
Well it's crystal clear to everyone that the reason Joe can't go after Dean is simply that Joe assisted Dean every step of the way, and profited handsomely from this. He would have to acknowledge his part in Dean's fraud.
No one is crying about 30 billion fantasy shares. The point everyone is trying to make is that when the O/S is 1.5 million, issuing 30 million shares is exactly the same as issuing 30 billion shares when the O/S is 1.5 billion.
IT IS EXACTLY THE SAME!!!!!
Lol your example was a company that didn't have anywhere close to the same amount of dilution that QASP as had under Joe.
The amount of shares doesn't matter. The increase as it relates to the total O/S is what matters and what affects the stock value.
Basic finance, sorry but all your example did was show a company that is diluting far less then what Joe as done.
0/S going from 326 million to 735 million
vs.
O/s going from 1.7 million to 34 million.
Now take both companies total value, dived the total shares and tell me which company has reduced the value of a share of stock more?
Hint, it's QASP and their massive dilution.
Sorry you feel that way, but lets face it, Q is moving forward. Shareholders that invested in an old man on conference calls, in a cheap sports jacket got what they deserve.
Legacy shareholders are expendable and meaningless to Q moving forward.
The first objective to a CEO is the Company, second is shareholders.
Many lost big, their decision, Deano was a red flag flying. Some did not want to open their eyes.
When Joe took over the O/A was 1.5 billion.
After the R/S he was pleased to to the O/S was 1.7 million
He has taken the O/S from 1.7 million right after the R/S to at least 34,960,354, probably more because we don't have up-to-date numbers.
So 1.7 million to 34,960,354, that is a lot of dilution and it can't be masked by totally irrelevant comparisons to the A/S and claiming there is only 13% dilution, that is just silly.
Joe has increased the O/S by greater than 20x from when he took over, that is massive dilution by any measure. He killed this stock plan and simple.
FACT
I believe it was over half a million worth of shares, at least that's what Joe say he made. Others estimate he made over a million selling the share Dean gave him at a deeply discounted price. He could release his records and clear this up, but we all know he wouldn't do that.
Not to mention the true float is well above 4 million. My guess would be closer to 20 million, many shares have been issued into the market since the last update from the company. Maybe the company should update the share structure so we can clear this up? Not likely!
And the R/S BEST THING that ever happened!!
And how about Joes own words, "QASP is toast" well he sure made it happen, crushed it with massive dilution and a 1000/1 R/S, sorry it he didn't need to let QASP die on the vein, he just took a sledge hammer to the common shareholders. Same thing
No I'm not, Jeff is a crook too IMO. But he isn't the CEO of QASP now and doing the same thing Dean did.
I guess you are fine with Joe assisting Dean with stealing 10+ million in shareholders funds, but I am not. Joe should be held accountable, QASP sure is, look at what the market thinks of his leadership! Lol what a joke joe is
I agree what Jeff did was not right, but what Joe did was just as bad if not worse in my opinion. Planning and assisting with a bank robbery is far worse then simply telling the bank manager there is nothing missing so you might be able with withdraw your funds that are still held up at the other branch before the bank goes bankrupt.
Both actions are wrong and both Joe and Jeff should be held responsible for their actions. Sure would be nice to know exactly what happened with QASP without all the spin, maybe one day.
Does it explain how Joe was able to work with Dean selling deeply discounted shares making over half a million off of Dean's fraud, yet still claims to be owed money? Does it explain how he shouldn't be accountable for those actions?
Oh just read it and it doesn't. Maybe you would like to explain?
I agree, very factual. Should be a sticky and read by everyone who was ever thinking of investing in any stock Joe has ever breathed on.
As a neutral party who thinks Joe, Jeff, Dean and everyone else involved in Q is a crook. I would disagree that your link explains anything.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77559662
The above seem much more factual and much less spin. Paints a very clear picture of Joe the pink sheet conman IMO.