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And what about the revenue from those PR'd aqui's already closed?
JACKSONVILLE, FL -- (Marketwire) -- 01/15/10 -- Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)
Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., is pleased to announce the closing of the first two of its acquisitions. The companies were acquired with a combination of cash and notes.
nice new header, that was weird, it change before my eyes! lol
That's a long ways out but anythings possible!
lol i know, but the "article" didn't interview him... nevermind
These PR"s are always funny, who is Eric talking to when he has all the quoted speech in the PR's?
"We need long-term shareholders, not those looking for a quick buck by enforcing unreasonable discounts and who are uninterested in the company's future," stated CEO, Mr. Eric Stratton Racheff.
Was he being interviewed by a reporter or something?
What I don't understand is what lender wants to loan money to a company who is foaming at the mouth for lawsuits and then inevitable counter-lawsuits, most lenders ask if any litigation/arbitration/hearings are pending/planned/currently occuring. I think they ask that question for a reason?
Such strange tactics to gain lender confidence imo
Dean wants to sue manipulators? How does that work when in conference call #2 he literally said "I love the price" word for word I believe.
How is the O/S at 1,494,786,263 on July 15th 2010? Our A/S is 1,500,000,000 and in PR dated 10/28/2009 Dean stated the company has repurchased 15,489,300 shares?
Total today should be 1,484,510,700 right?
I guess "someone" has been REALLY busy flipping somewhere? Wish I was a fly on the wall, oh well maybe it's just my imagination.
Maybe a T/A report & PR release time-line isn't a bad idea, would be interesting to see how dilution affected pps to say the least
imo
It is interesting that QASP has completely "overhauled" the S/S to accommodate the lenders $350,000,000 funding requirement & maxed out A/S to new limits... if I was Dean I would SUE the lender if I didn't get the loan after all the S/S hoops the lender required of QASP... THAT was damage (if $350M doesnt come)
but then again, its easier to sue the little guy imo
yes that would be awesome! cause it has been a while since we touched on that in PR
August 4th, 09 PR
"We believe a stock repurchase program is a way to optimize the value to our shareholders," said Dean Bradley, Chief executive Officer, Quasar. "Our share repurchase program will allow us to return cash to our shareholders, while at the same time provide the flexibility to aggressively invest in the business for additional growth and differentiation, which we believe to be good for both our customers and our shareholders."
Sept. 17th 09 PR
announces the beginning of a the share buy-back program. The two major banks that the company does business with are setting up brokerage accounts to facilitate this program, which should begin early next week.
Sept. 28th 09 PR
is pleased to announce the start of our previously announced Stock Buy Back Plan on Monday, September 28, 2009. The company was delayed for a few days because our primary bank could not open a securities trading account for Quasar in a timely basis. Fortunately Deutsche Bank in San Francisco and NYC came to our rescue. We received final approval on Thursday afternoon and will be starting today.
Nov. 2nd 09 PR
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.
March 23rd 09 PR
The corporate buyback of company shares will begin in earnest the first week of April 2010
lol, way toooo much info in a bubble on some sort of "logical" revenue/market cap worksheet... listen, plays on PINKSHEETS move on emotion/excitement/MM's/ and who is in and how much skin the who has in the game.... and guess what we have a pretty big "who" in the game...
In the wildwest of "pinkie land" you have to ride the coat-tails of a really good scam artist ceo OR a solid honest to business minded CEO like Frank to make money
USMCBULLDOG- I dont know if Laws/Statutes are in place for what you do with "winnings" as much as how they are in place for how you "win" it in the first place... buy feel free to RE-READ the letter that has been brought to my attention, I get a kick out of it...
In fact, here I'll just make it easy and quote the finding for ya :)
Federal law currently provides:
Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined not more than $10,000 or imprisoned not more than two years, or both.[2]
http://www.loundy.com/CASES/Florida-AGO-95-70.html
again could be wrong, could be dinosaur law, but looks clear to me until shown otherwise what transpired on that CC is interestingly close to say the least
imo
Here is Florida Attorney General's Office Advisory Legal Opinion & the FEDERAL GOVERNMENT LAW on broadcasting bets:
http://www.loundy.com/CASES/Florida-AGO-95-70.html
You decide.
I agree JR, it's nice to have lawyers around & here's a juicy one for Dean and Company...
Dean may have dabbled in the "Business of Gambling arena" when he represented on behalf of Quasar Company during Conference Calls.
(Florida)849.25 "Bookmaking" defined; penalties; exceptions.--
(1)(a) The term "bookmaking" means the act of taking or receiving, while engaged in the business or profession of gambling, any bet or wager upon the result of any trial or contest of skill, speed, power, or endurance of human, beast, fowl, motor vehicle, or mechanical apparatus or upon the result of any chance, casualty, unknown, or contingent event whatsoever.
(b) The following factors shall be considered in making a determination that a person has engaged in the offense of bookmaking:
1. Taking advantage of betting odds created to produce a profit for the bookmaker or charging a percentage on accepted wagers.
2. Placing all or part of accepted wagers with other bookmakers to reduce the chance of financial loss.
3. Taking or receiving more than five wagers in any single day.
4. Taking or receiving wagers totaling more than $500 in any single day, or more than $1,500 in any single week.
5. Engaging in a common scheme with two or more persons to take or receive wagers.
6. Taking or receiving wagers on both sides on a contest at the identical point spread.
7. Any other factor relevant to establishing that the operating procedures of such person are commercial in nature.
(c) The existence of any two factors listed in paragraph (b) may constitute prima facie evidence of a commercial bookmaking operation.
(2) Any person who engages in bookmaking shall be guilty of a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084. Notwithstanding the provisions of s. 948.01, any person convicted under the provisions of this subsection shall not have adjudication of guilt suspended, deferred, or withheld.
(3) Any person who has been convicted of bookmaking and thereafter violates the provisions of this section shall be guilty of a felony of the second degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084. Notwithstanding the provisions of s. 948.01, any person convicted under the provisions of this subsection shall not have adjudication of guilt suspended, deferred, or withheld.
(4) Notwithstanding the provisions of s. 777.04, any person who is guilty of conspiracy to commit bookmaking shall be subject to the penalties imposed by subsections (2) and (3).
I would think he had the Board of Directors full support of the conference call details, after all it is prescript. Oh and everything is "in my opinion" and "jus sayin"
well they can always walk around and pass out their flyer's..
the questions should go farther back to where he really brought out the big gun PR's, lets go back to Nov. 13th 2009...
"Dean Bradley, CEO of Quasar Aerospace Industries Inc. (Pinksheets: QASP - News ) has been assured by their funding source that the entire $350,000,000 (350 million USD) will be closed and settled no later than December 15, 2009 and will start closing the 4 acquisitions immediately thereafter. The extra $200 million dollars will allow us to close acquisitions #5&6. We have started the due diligence process on these and will be acquiring both of these in early 2010. These additional acquisitions and additional funds required to purchase them have contributed greatly to the delays we have experienced. We thank our shareholders for their patience as we progress from planning to implementation."
I bought shares based on the word "implementation", give it a quick webster dictionary look-up... it mean's "EXECUTION of a plan", meaning it IS happening...
There is a warchest of unfulfilled PR's that influenced alot of people into buying, wonder at what points the dilution happened? hmm oh well.
Dean speaks of stock-manipulation? What is the definition of the following segments of two related PR's he announced, it needs to be labeled too:
"The funding is in our bank for closing Acquisition #3, which will occur the 6th of May in our conference room at Herlong Airport. The effective date of our takeover is May 1st. The details and name will be disclosed in a PR that afternoon."
and here is the PR we got that afternoon:
"Dean Bradley, the CEO of Quasar Aerospace Industries, Inc. announces closing the acquisition of Corporate Air Repair, Inc. The payment for this wholly owned subsidiary was made and the stock of the company delivered to us by the owner and his attorney. Closing this transaction, which is the third acquisition to be closed (not Target Acquisition #3), provides us with a full line maintenance facility which will be necessary for our Atlantic Aviation Training Academy as well as the jet aircraft and helicopters of the charter company which we will close later this month."
The only manipulation going on here is shareholders high-hopes, and my account is open book to anyone, I am STILL a shareholder who has put principle in front of profit with QASP. I have not averaged down my position to take advantage of any drops, let alone even to see any profit taking here!
http://finance.yahoo.com/news/Quasar-Aerospace-Industries-iw-2279194530.html?x=0&.v=2
http://finance.yahoo.com/news/Quasar-Aerospace-Industries-iw-672644704.html?x=0&.v=1
Dean wanted to be the Brittany Spears of the pinky world with all attention on QASP, well looks like he got it. If it's overwhelming him it's not the shareholders/publics fault, that's what he signed up for with those fabulous PR's
imo
problem is, Dean has weak grounds for legal action at best, he himself turned it into a name-calling cat and mouse game in both his CC's by issuing bets & gamble wagering with ihubber's. No judge can take his complaint serious imo
This is no scam, this company is one of the few on pinks who actually have REAL operations and realistic goals, plenty of proof you can see with your own eyes
Agreed Dragon, this doesn't need pumping, the path is clear and the entire rest of year and into next is going to be Great! This "team wave" of pumping has got to go
One of the few pinks I am comfortable with playing heavy
"Funding Delays" are not the same as "Can not get funded"
think about it.
imo
at one point or another everyone here has been fooled, just some of us wake up from the QASP dreamy PR's sooner than others...
imo
Dean doesn't do real "conference calls". He's only man enough to handle prescript speeches imo
the only money here is in that engine patent, should be seeing a QASP PR about that soon i hope
i wouldn't doubt if it's just a way to over-exaggerate a business expense he can write-off, I hope he does get his auditing done... BY THE IRS
all imo of course
I wish i could say my first stock was something like this one here lol! GLTU
Nice, that's what were here for! Please let it go @ ask :)
This has been crankin' back for 2 months, I am going to go ahead and say congrats to all who held and could see the 2nd half of 2010 comin. -- PLAYBALL!!--
NEWS OUT Nice PR!
Amazing Potential :)
http://www.mineclearing.com/solution.html
So is this who Mineseeker copied?
what are you in a Delorean?
Strength is going up nice and steady
I'm in the mood for a whopper! PR that is
No increase? NOBODY here knows QASP's true financial picture. Except that the Bank is closed, and the ATM's A/S increase is probably looking pretty good to Dean and his silent associates right now imo..
It will be a flippers paradise, especially with ANY S/S change in the triple zeros.... and we all know Dean can't afford a buyback... so that only leaves two canidates hahahahaha good times ahead imo!
QASP will trend down all the way till July 31st imo, if the pps doesn't fully collapse before then imo
but its ok, this was all in Dean's business plan I'm sure.. and if it wasn't...
Then I'm sure a backup plan has/had to be planned on too... its called a A/S increase or a R/S
Imo
warrants are an indicator of the "powers to be" motives here :)