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.
Bingo!! I work for a company much like Big Lots and we are going through a remodeling right now to consolidate warehouse operations. As one of the ramrods, everyday there is something new. But, I know in the end it will all come together.
Personally, I am not worried about next week, I am looking forward to the 20th-25th when Dean expects the audited fins to be done. That's when it all starts coming together. No more stuff hidden behind the walls. LOL
That was a facetious statement meaning that those that have such a negative outlook with QASP at present don't understand the complicated construction process that is taking place in building the company.
I used to do construction, more importantly, remodeling. What a pain. There are so many small things that need to be done and I just kept working thinking that it would never get done. Then amazingly everything came together in a matter of days. This is after months of work.
The same thing is happening here. After the many months of hard work, QASP will come together nicely over the next few weeks. So nicely that many will have a financial Independence Day by the end of July. JMHO
Regardless of what happens this week all is well. The real treat comes the middle of July when the consolidated financials have the audit complete. We get a 10K and a 10Q, then application for uplisting. That in itself will take this to dollar levels.
I have been around since Sept. and with the many facets of this stock I can't see not being here. When Dean was in Wichita, that's what clinched it for me. I lived by there for 13 yrs. and I know what aerospace facilities are available and the financial incentives there are for growing companies. That piece of the puzzle alone tells me how complicated the whole thing is.
Those that think Dean is opening a Mom & Pop airplane gas station don't have a clue.
B*A*N*K*E*R is right, this can be a $10.00+ stock in the not to distant future.
That's long range though, but I think that July 4 will be an (financial)Independence Day for many. GL
It amazes me that people cry about QASP not being as transparent as they want. In a bit over a month there will be a 10K and a 10Q filed,"then we will be a fully reporting company", in Dean's words.
The weekly updates that we get are the same as if an 8K was filed but this seems to elude many. Will people still cry as much when QASP doesn't file 8K's on their timeline? In the future this could be the only way news is disemminated.
Pretty much. Wishful thinking for this weekend, but once the fins are out, it could happen IMO.
When something significant takes place for a company and the market must reset its valuation of a stock. That's about the simplest way to put it.
Or, everything could be held for a weekend NR and there could be a price reset for next week. JMHO of course.
Addition: Almost forgot, the real prize is after July 25 when uplistng procedures should begin. Don't forget, AMEX minimum bid for 30 days is $3.00.
In previous CC's and PR's it was stated that we had a $900,000,000 contract pending which IMO is a done deal. Dean has stated that the majority of revenue will come from Mineseeker.
Now it may not happen instantaneous on June 30, but the proceeds are not far behind. I don't care if it takes till 12/31 to see fruition of the initial revenue.
It is on the way, just be patient.
I think we will all be surprised by Sept.
I may not have a lot at 1% on the profits, but I am with you. I read through the posts last evening and that thought had occured to me.
With uplisting, being only a small fish, I still stand for my shares to go to $2.7MM. How much could I do with that? At least help out with an education program. I'm in, who else?
The only static electricity I know of is what is built up in the aircraft itself. For example, when the Coast Guard retrieves someone from a vessel, that procedure is to let the basket land to discharge the static and then pick up the rescuees.
BTW Crystal, I live in PA by Indiantown Gap. This is the time of year that the HUEYS come in for training. Not once in my 50+ years has anything blown up or gotten damaged by the EMF produced by the HUEY of what that is sitting in the ground. And trust me there are many mines and UEO's in the ground in this area for training purposes.
Understood, and to Crystal, address me on the board not through PM. Don't have it.
To answer your response, static from the rotor slap would have to be extreme. Yes, it could do that, but what is the altitude that this could effect that mine detonation?
What is the altitude that the helicopters fly for mine detection?
I think that this is the big questions and I don't think that Mineseeker would put an aircraft low enough to produce that much EMF(Electromagnetic Flux) to set off the mines.
Get real Crystal, the GPR does not produce enough static to set off the mines. It is simply a radio wave reflected back to a collector.
Grant it that the beam is electrical, but I doubt that it has that much of an effect. So far, Mineseeker technology has not produced that effect as far as I know. JMHO
Okay, let's do this a different way. For fun and where we are going we are the Magnificent Men In Their Flyng Machines.
Leo, we are uplisting to either AMEX or NASDAQ. Serious companies don't set to uplist with a $1 bid. For serious uplisting, they need either a $3 bid over 30 days or a $4 bid over 30 days.
Quasar is already in the process of securing a $1BB bond. Unfortunately that was hampered by the people in Chicago for whatever reason. The $350MM is still part of a $1BB bond. And yes IMO they will still get it.
Mineseeker alone has a very good chance of securing some of the $82BB that is available for mine discovery and removal. Squeeze me. The demo that Mineseeker is providing for the UN is just a means of getting shareholder money?
Put everything together. This is not nonsense, just common sense from what has already been released to the public.
Me, I am holding,sell part when it reaches my target and then hold the rest for the real prize.
IMO, there are many out there buying for the same reason.
As for where did I get the info? Check out listing requirements for the different exchanges. Regardless of what some say here, there is a bid requirememt for 30 trading days. Dig deep, it's not on the surface.
Just an FYI for all, I was very pleased when Dean said that he needed to do an audited financial for the purpose of bringing in foreign students. This means that he is abiding by the rules of the Patriot Act.
Dean may not like it, but it is a requirement. Therefore, by abiding with the Patriot Act, QASP set itself up for an uplisting. It amazes me that many here do not understand the levety of that simple act.
We are now setup for either $3 a share or $4 a share. Stop and think and quit spouting nonsense.
Give it time. I plan on being semi-retired by the end of the year. If you can't stand the heat, go buy air conditioniing.
AIMHO.
JR, IMO it will take 30-90 days, but as I stated before, I have held since Sept. 2009 and cotinue to get what I can. Not a rich person, but a business person.
I work for a company that started a project over a year ago and we are finally starting to see the fruition of efforts. This company BTW has an increase of 25% a year in profit. Not net, but profit.
Me thinks that QASP will show much more in the next 90 days and make everyone happy.
WASP with a Q won't burn you.
GLTA,
Digi
Well, that's why I am holding. I don't have the multi-million shares that some do, but i am comfortable with what i have.
Still, sit and wait paitentially and you will be rewarded.
Hey Mom, they are really negotiating $$BB's of contracts. I am waitng excitedly to see what the demo for the UN produces. This alone could put profits for Quasar way over the top.
Remember this Memorial Day weekend. It will be one that changes lives in a short time.
This is strange, but I was told many, many years ago that WASP with a Q won't burn you. We are on the cusp of major profits.
I have held this since Sept. of last year and added when I could. Everything is good, just keep your finger off the sell button till everything plays out.
I sleep well at night knowing that my time at my J.O.B. is just marking time.
Remember all those that gave life and limb for the freedoms that many nations enjoy.
Aero, it is possible and actually probable. Since we don't know the math yet involved with the audited financials that are required to uplist, my speculation is just that.
Dean stated that this years triple net would be about $30MM. Next year it will treble, ergo $90MM. That IMO is based on conservative estimates. Just with Mineseeker alone, there is a potential $80BB+ that could be tapped if countries accept the discovery technology that Minseeker has.
I think that once things shake out, everyone will find that we are worth much more than anyone is estimating right now.
Give it time. If you hold 200K shares or more, you will be a millionare by the end of the year IMO.
With uplisting, this will be like an IPO and you know how they work. One day there will be a halt and the price will get reset. Instant $$$.
That's an old wives tale. Since pinksheet stocks cannot be bought on margin they are already locked up. Call your broker and ask.
I have questioned Scott a few times and shares bought with cash are not shortable.
Scott allows a sell price to be set at 4x the ASK. Sorry, I don't want to take a chance of loosing money when this rockets and believe me it will. Within 90 days we are going to see prices that will make some cry for selling to soon.
Depending on the exchange either $3.00 or $4.00 on the BID for 30 days.
WASP with a Q won't burn you LOL.
KC or Wichita? There's always Redmond lake or El Dorado:) Can get some pretty big boats in there LOL. Lived in KS for 13 years, a place where if you think your man(or woman) enough to do it, well have at it!!
There never was a funding package for $350MM. It's always been a funding package for $1BB. Yep, might take a little while yet. LOL
I work for a company that sells surplus goods(new and some refurb). The gross retail sales for the 1st quarter were around $70MM. And that was a discount off the regular price of around 35%-45%. Yep, I sooo glad surplus doesn't sell LOL.
Bingo!! That's how you run a deal like this. The $150MM may be the discount retail. Actual MSRP could be $300MM.
They are most likely manufacturers overruns or a company that went belly up. Very common. I work for a discount retailer and they buy like this all the time. So much so that we are building a 600,000 sq. ft warehouse.
It's part of the finance package. People are picking apart Friday's PR about the parts and completely missed the most important part. The financing has been confirmed. Not the $350MM, but the BOND. You have to understand how bonds work in order to understand the financing.
Main thing is, the financing is confirmed 100%. The money is in the bank.
Sparce, no PM-->>I said IT worked for them, not I worked for them LOL!!! Good one though. Sometimes I do feel that old!!!
It worked for the Pharohs so I bet you're right :)
Cool, it's not hard to find info about the landmine threat and the potential for humanitarian help through commercial means. Geez!!! I clicked on your link and was surprised that there is still work to be done from WWII!!!
And Warren Buffet still draws a salary($100,000 in 2006) and lives in the same po-dunk house he has for years. Not the trappings of a billion dollar negotiator LOL.
Hmmm? The gang is going to be in Croatia for a couple days.
http://www.the-monitor.org/index.php/publications/display?url=lm/2008/countries/croatia.html
Support for Mine Action
Croatia’s Article 5 deadline extension request includes a cost estimate for completion of mine clearance between 2009 and 2018 totaling €683 million ($936.5 million). Of the total required, the state budget is projected to cover €458 million or 67%, with national investors covering 19%, EU funds covering approximately 6%, and national investment and other donors covering the remaining 8%.[145]
As a business person, why would I negotiate contracts if I did not already own the company I was negotiating for? Connect the dots. Nice game Dean! Lovin' it!
Oh, and this is just one country. To date Croatia has only about 75 sq. km cleared out of 997 sq km total etimate. In additoin, there is wooded area that has yet to be classified and surveyed because of the difficulty. Sounds to me like a job for ground penetrating radar. Let's see who has that technology???? Oh that's right Mineseeker!!
Here's the calendar of events for 2010 http://www.mineaction.org/overview.asp?o=3236 Scroll down and maybe Gustave could give some insight to Mineseeker's part in the conference?
To bad the RegSho info isn't published for Pinks. Then you could tell exactly what's going on.
Here is the portfolio for 2010 on the NGO's agenda. Croatia has about $2.7MM alocated. Haven't been completely through the other 400+ pages.
OOPS!! Sorry, here's the link:
http://www.mineaction.org/downloads/1/PortfolioMAP2010.pdf
Now that's funny. I would love to see a VLJ land on water at about 120MPH. Remember jets are not like prop planes. There is a rotation speed that is used both on take off and landing. In other words, jets don't just glide into the air, they rocket when rotation speed is achieved. When landing, at the point before touchdown, they are flying rocks.