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Is someone collecting questions for next Wednesday's installment or does all that go through the IR?
I feel like the panic and the pressure has been pacified so much that the next CC or webannouncement is going to have a much different tone.
Of course, anything can happen between now and Wednesday, but I would be interested in hearing about progress toward uplisting.
So no In-touch Tueday Update this week?
Does anyone have any idea how long this process can take?
Just curious, but why have a conference call that is 'listen only'?
I am asking because I have another stock I am following where the CEO stands in front of a video camera every two weeks, reads questions investors have submitted, and answers them into the camera. That is then posted on their website and stays there with a link. It seems so simple and straightforward.
They (the other company) claim to use that format because it is effective, cheaper than a cc, and a predictible device for keeping all the investors informed. Sometimes questions are asked that he politely refuses to answer because he doesn't want to step into legal quicksand, and some are too technical, but it feels like a great way to see the guy and get a sense of where he and the company are going.
I believe in the future of this company at this point and want it to succeed. I think a lot of unnecessary time and effort is being thrown into useless arguments, bashing and idle speculations.
I think someone said that when the fuse was lit that this was going to go ballistic and pretty fast. No wait a minute, that was a whole lot of people!
Hold on. I am confused. That can't happen because it's a scam, right?
I have it up 25% at this point today, scam or not. Hmmm. Could this be the big one?
B*A*N*K*E*R - I hope you know that your input has been invaluable to this board. I want to say that while some want to find anyone to blame and consider any stock that doesn't follow well-informed predictions is automatically a scam, there are those of us who can understand that things are not always what they seem.
Dean's methods are easy to criticize. It is clearly a challenge to put together deals on this level in this kind of economic climate. Dean may have made some errors in judgment and may not be mister warm and fuzzy when it comes to investor relations. Whatever the case, we are grown-ups and with 20/20 hindsight, we are all geniuses. I have chosen to stay in this stock and am probably in over my head, and I made my choices in part because I put lot of weight on the fact that steady hands like yourself have made more sense than anyone else.
I may decide to trust someone or not to trust them. If that person's offering turns out to not be trustworthy, it is still my fault to have trusted, not theirs for having tried to help.
QASP is not where Dean or anyone wanted it to be at this point. He's probably doing everything he can to get this done. I don't think he has the time or inclination to pander to the shareholders who are freaking out and panic selling. Nor should you.
The kind of negativity that has recently emerged on this forum is a sad reflection on people's character. If you can't afford to lose, don't play. We can't go backwards in time, we can only move in one direction- forward. If you do chose to respond to the remarks that have been directed at you, I hope you are able to maintain the dignity that many of us have come to admire.
I think the biggest question is, "Is there any chance at all that this deal with Mineseeker is going to die and if so, what would be left of QASP? Good luck on getting a real answer.
Totally agree Phaeton.
I would add that both Brian Goodall and Dennis Fisher have stated that their number one objectives are to make this a profitable enterprise, and they are both smart, driven individuals with a lot on the line.
So, as the price drops, I am buying. I don't anticipate it taking too long before the first announcement of earnings takes place. That will be the trigger for this rocket. I don't like to make extravagant predictions but I can definitely see BEHL at a dollar one day, within the next 2 years, if it is not bought out in the meantime.
congrats
Anyone else notice that this is a winner?
I live in a smallish town with a pretty basic hospital. They use a portable CT scan that comes once or twice a week in a trailer. It is obviously not ideal. I think this machine could save lives, dollars and a whole lot of space. And for that, as well as the fact that I now have a few shares, I really hope the FDA can see past their own back pockets and approve this.
Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market-making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.
Oh well....
Well said Brian.
Could we relax the bold caps?
Thursday is likely to be a good day for us, I only wish I had more powder today.
A while back, someone divined that this would emerge from bankruptcy by the summer. (I think they said July) Does this still seem likely or possible in anyone's opinion?
Me too! About to go over the million mark! I hope this is going to ignite, because I am dipping pretty deep into the kitty.
Despite the anxiety and the whole bulls versus bears yelling match, this whole nail-biting experience is interesting to look at from the psychological standpoint. It is hard to bet against Mineseeker and the fact that so much work has gone into this and the indicators are that we are so close, so close... And it is hard to trust anything in the PR machine that is not a concrete definitive completion, like the Corporate Air acqui, so it's hard to stay, and hard to let go. We're giving our minds and ego's a real workout.
I sense this last stretch is going to be like a bow loaded with an arrow, pulled back almost to the point of breaking. The farther you pull back, the more strength it takes, and the further the arrow flies. Who'd a thunk there was so much elastic in this stock, and so much elastic in our minds? When is it going to let go? This has turned into a grueling test of nerves.
Now, what is inteligent? And what is just more creative wishful thinking? Is the circumstantial evidence any substitute for real DD or is this talk of big money and back-room confidence all hogwash? Maybe its a delicious bitter soup made of a little of both.
In the end, which will be soon I predict, I don't need to convince anyone else but myself. It doesn't matter if my glass of kool-aid is half-empty or half-full, the point is that enough of it is already down my throat that I am not walking away until this sings.
Everyone imagines an announcement tomorrow or the next day... dreams of waking up and the loan is finalized! How many millions of times has this scenario played out in the course of history? But every day is the same. Its all just NOW.
I bet every language has a word for GOLD RUSH, it's in our genes.
Good luck, ladies and gents, bears and bulls, pumpers and bashers and everyone else. Good luck Dean and Minesweeper fans and tigerfishermen. Good luck whatever you decide to do! May all beings be happy!
Duck hunting with a hand grenade in a barrel... hummm have to meditate on that image.
But I agree, The market for such a service is HUGE and the issue is not going to be unemployment for Mineseeker, it is going to be prioritizing who goes first, and there may be a bidding war to get them to come to town.
It does seem plausible that Dean's PR was a desperate punt after a frustrating meeting that did not make it into first down territory. I sucks when a promising drive has to end that way, and to add insult to injury, the punt was a duck and we lost yards overall. C'est la vie.
That doesn't make QASP a scam nor does it make Dean a scoundrel.
And this game is not over. If you are rooting for QASP, as most of us are, you can't just look at the cheerleaders you have to look at the talent on the field and be mindful of the playbook, the goal-line, and the overall strategy. This is not pop warner, it's the NFL. Every yard has to be earned. Nobody is going to give away anything.
Even if it was a matter of someone on the other team pulling a fast one on the line of scrimmage, (Charlie Brown) Dean has to have enough sense to just keep the ball in play and not turn to the ref and call a foul which could alienate whomever he is negotiating with.
So he's probably steaming inside with all kinds of emotions but he has to be careful not to appear too frustrated, but let off a bit of steam in the direction of the loyal 'fans', rather than show weakness to the faces of his negotiating partners.
If this was intended to be a completely different announcement, which I tend to think must have been the case, along the lines of what B*A*N*K*E*R alluded to, at least there is still time on the clock and we'll get the ball back eventually. I have confidence that one broken play won't end the season. And since I have a lot riding on the outcome, I look forward to what will come next. Hopefully, we are learning something as we go.
The whole thing underscores a larger concern- that the game ain't over until the final bell, and we may be going into overtime. Let's hope it ends in a win-win, and not a lose-lose. Clearly Dean is putting all he's got into this and wants it to end well for all concerned.
Pardon my metaphor salad, but hopefully some of you get my gist.
Is anyone watching the international scene? Europe is going nuts and European lenders are getting increasingly freaked out and less inclined to do big deals. I think this is quite possibly at the basis of why our lenders have not signed off on the loan yet. Timing is a scary factor in this. The Irish are often mentioned as the next 'Greece" and the recent election in the UK has kept people over there, and the stock markets in a bit of a nervous tizzy.
These are things that Dean has no control over, obviously.
That being the case, Deano has to be eager to have the company make money. I wish I felt a little more confident about a contract with MS being actually signed, sealed and delivered. I am sure Dean would say teh same thing. and BANKER too, wherever he has disappeared to.
My fear is that Dean is going to burn out, if he is not burned out already. After all this was supposed to be done almost eight months ago. He's coming across as testy and vague, and he needs a boost like the rest of us.
I believe that yesterday's fiasco was less about trying to shake out the feeble as it was a case of "Gotta put something out as a PR even if what I wanted and intended to be able to say hasn't gotten any further. Rather than give no news at all, I will give old news and fancy-wrap it in doubletalk."
What the poor guy needs to do is hire some help. A professional Public Relations firm to start with... That or set up a conference call and let people let off some steam and ask all their questions at once, and come clean. Or both. IMHO of course.
Been watching this from a distance and curious. Is it going to fly one day? Looks like its been low lately, mabye a good entry point for a long position?
The more I sit with this, the more confounded I feel. I was disappointed not only in the lead up to the huge announcement of the seemingly already acquired repair shop, but even more concerning is the tone of this and a few previous PR's. Dean seems pretty frayed, and who can blame him for that? After all, he's been working tirelessly apparently and he is not a spring chicken. But he needs to lose the snarly tone. there are more elegant ways of asking people to be patient than blaming shareholders for sending emails or for listening to 'rumors' as he alluded to in the past. As if he's mad at us for asking for information...and that somehow justifies every deadline he fails to keep.
Not a stellar performance, I don't care how deep and convincing the DD people have done may be. Integrity is what makes a company truly great, IMHO, and there's a deficit here to deal with.
The news from Mineseeker embedded in this piece is hardly heartwarming, It sounds like they are as ticked off with Qasp as some people on this end are. But I wouldn't blame them for wanting to have fewer emails. I see a dip in PPS and more waiting ... If this is number 3 and was supposed to be a big secret, what's next, the announcement that they own a flight school? Pardon me but what was number 2 and where's the beef?
Thanks to B Gates (and other longs). You have done a great service on behalf of us all. However, I remember a day when there were occasional conference calls. I, for one, would love to hear the voices of Dennis and B Goodall, and whomever else, and 'feel' the enthusiasm and excitement on air, rather than just in print. I don't like to call and disturb them from their work with things that may be redundant, but there is something to say for the personal voice, and the sharing of questions from all over the nation and beyond that gets me krakken!
Sparce- About the idea of a letter or petition to Dean that summarizes the overall concerns of the members of this board re PRs and so on- I would be very much in favor of that. But what might be a whole lot easier would be to ask him to have an open 15 minute conference call for iHubbers.
I think one short call with about 5-10 carefully prepared questions and five minutes for feedback could do a world of good. Of course, 30 minutes would be better.
Count me in! What time is this infamous meeting/announcement supposed to occur. did he say?
No shortage of armchair quarterbacks today!
For what it's worth, consider that the issue of a buyback is still unsettled. If this soars too fast, that makes it tough on Dean to buy back shares. On the other hand, if he leaks PRs slowly but steadily alongside a buyback, this can start to rise like dough, get kneaded a little and rise again, as people adjust to news.
I think a lot of people are likely to sell a small portion of their shares as it goes up, just to pay bills and cover their rent. I may have to sell a few thousand shares at a quarter, I will see. But to suggest that the bulk of most people's holdings are likely to be sold at less than .50 is kind of odd logic.
Remember, at around .50 the big board traders start to take a serious look. I think it is unlikely that by the time this stock hits .50, it won't turn back and will be going up in increments of pennies to a nickel a day and we will see the end of the three decimal point readings.
If it takes a full year or three years to hit a dollar, what do I care? I will still be able to retire. IMHO.
And it goes without saying that news tomorrow will be a critical indicator of the future. Either way, I expect blue skies eventually.
right you are, guvnor!
You could say it has been an interesting year.
Maybe put it to music.
Anyhow, if Thursday is not at least a little interesting, I figure ole
Dean is going to be singing the blues along with the rest of us.
I sense a lot of despair around Quasar Air. And whether it's a reluctant lender, greedy MMs, volcanic flight delays or the fall of the Greek economy, he may have done gone to the well one time too many.
And maybe that would be a good thing, so we can all get on with our lives.
I am holding, mainly because I have to, at this point. But every time I hear the phrase, "We're getting so close I can smell it" I wonder what it is I am smelling.
Trying to stay poisitive, but .....
The most frustrating thing is that I have no more money to buy at these prices. I have some in the pipeline but I wonder if it will still be a bargain by Monday?
Good Morning Qaspers! Welcome to another day on the rollercoaster of hope and fear.
I am no expert, but have been here a long time now. That said, it certainly seems that the dilution factor, more than anything else, is what keeps the price of this stock from rising. How long can this keep going on?
I am not so proud that I cannot admit to feeling disheartenned. As time goes on it becomes harder and harder for a fool like me to see how a pie that was once cut into 1,000,000 pieces could still sell for $1 a piece, when there are now 100,000,000,000 pieces. Each time the OS goes up, my enthusiasm goes down. Then I look at the big picture again and I get re-inspired, only to have my hopes dashed again.
Dean may be playing this for all he can, but if there is any loyalty to shareholders, it would seem there has to be a limit. Again, I am a real greenhorn, but curious to learn. So if anyone can straighten me out without getting into 'basher' vs 'pumper' rhetoric, I am all ears.
I hope so.
Buckle your seatbelts!
This is not going to be small potatoes. Consider the potential and be prudent. Ladies and gentlemen, it may be a little premature but I do believe we have a winner!!!
This will be an interesting day for QASP watchers and shareholders, and an interesting next couple of weeks for some lucky investors. I am looking forward to watching how people respond to potentially life-changing shifts of fortune.
If all goes according to some of the more positive, (but hopefully realistic) projections, some of you out there may be about to becme millionaires for the first time. If you are so fortunate to fit that catagorization, congradulations in advance.
One word of caution- watch your minds and guard against arrogance. Try and enjoy your new status with some humbleness. If suddenly QASP goes stratospheric it doesn't mean you are a genius, but it is worthy of celebration. Be generous. Consider making a donation to a charity of your choice, maybe Mineseeker or teh Tibetan earthquake relief effort!
In any case, let's not spoil own success by seeing it as an opportunity to scorn the bashers and naysayers. As someone once said, "Forgive them, they know not what they do."
Good luck to everyone and particular thanks to B*A*N*K*E*R, Bigdog, Manti and the rest of you 'longs' who have kindly shared some of your DD and the benefit of your experience. I, for one, am indebted to you.
Cheers- RG
One would assume that if Mr. Lundquist has remained in Chicago to oversee the completion of the funding details, someone is paying for his time. I would also imagine that such an esteemed lawyer does not come cheap, and I am sure he is not staying at the YMCA. This may add just a little more pressure to all parties concerned to get this done ASAP.
Meanwhile. a droop in pps at this point in the game is no surprise, as those who are into this for the rush have become bored and discouraged, and feel the need to flee to persue other more immediate stimulation. Such is the nature of impatience and our addiction to immediate gratification.
Speculating that Dean has calculated this kind of reactivity from 'flippers and retail' traders into his actions out of some kind of trickery or blatant slease factor seems a little far-fetched, if you ask me.
I think that when people attack others and accuse them of this kind of treachery, it often says more about the character of the accusor than that of the accused.
B*A*N*K*E*R, as a psychologist and still quite a novice investor, I have read and found your remarks very interesting. This stock has been a test of many people's patience, mine included, but I have a basic faith in the magnitude of the deals and money involved. I cannot imagine that something on this scale and with players at this level can be seen as anything frivolous, and there is too much talent and exposure to imagine a real failure. I see this as an airraft carrier amidst the pennystock flottila of fishboats, speedboats and dinghys and am excited to see what will happen once the thing is fully lauched.
An aircraft carrier cannot turn on a dime, however. So, while I am curious about your depiction of Dean as a real master warrior in the realm of the "DEAL" and am encouraged by the fact that you seem to know him and have so much faith, I hope you have been able to remain objective. I wouold love to contribute ideas as time goes on, but so far have so little information as to teh full scale of the enterprise that I would hardly know where to begin. I have perused the resumes of his 'cabinet' and have also been duly impressed by his HR instincts and clearly am delighted and turned on by the whole mission of MINESEEKER altogether. I will be curious to see what the rest of the pieces are and how they fit together.
Truly great men, no matter what field they focus on, tend to gather fascinating companions and surround themselves with innovatiors. The little I know about QASP is that it looks like such a team has formed and I can only imagine that those who are attracted to the central core of the company will be of a high caliber. At the same time, the iHub forum, somewhat naturally, tends to attract a wide range of opinions, emotionally driven or panic-striken, many with little patience based in short term hopes and fears, and a few with the equanimity and composure of sage investors with years of experience. That there are even a few of you offering your perspectives is critical in supporting my own decision-making process and in bolstering my committment to stay long and throw all my spare coin into this with some confidence.
Thank you for your postings and I hope you appreciate that although you will not be blamed if the dream of $2+ per share is not reached by the end of summer, or even by next summer, your thoughtful and interesting perspectives have been and will continue to be helpful.
Zecco told me that they do not allow shorting on anything under $3. Cash accounts are not subject to shorty borrowing, but margin accounts might be, however, not in the cae of anything under $3. I am going to have to trust this for now, I guess.
Get the party started cuz IIIII'm coming UP! UP!
Here we go.
QASP is going to show it's real colors over the next couple of weeks. And I do believe the main color we will see is bright green!
I will as well.