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Absolutely. You involve the media and the shorts win. This thing might never recover.
All the dean bashing merely contributes to loss of public confidence. We can have our opinions and let them be known but should be done in a measured way and not "kill kill kill."
enjoy. And don't look at the qasp board while you are gone!
at this point I would have to say it is possible they would be crazy enough to do that.
I forgot myself for a moment...
That "number" is almost as bad as the van damnne dance video
I havent sold any yet. I have a relatively small position, average cost about .014 or so.
I am trying to calm down (no bible study last night for me)and am considering selling most on the next bounce, taking a small (I hope) loss and keeping some in case a miracle happens.
Like responding to tough emails or calls, I have a 48 hour rule with investments that I wont break. That way I have a better chance at ensuring I am responding rationally!
Yeah I know. Sarcasm font was on of course!
Worked with a lot of MSGs when I was at embassies and know the buttons to push!
OK. Sorry. I stepped over the line. That latest PR has addled my mind!
All the marines I know are only happy when getting yelled at. Are you sure you are not really a former squid? Those navy chiefs are always happy.
Stop being so cheerful. We like being gloomy and eeyor=ish!
The latest QASP PR has confirmed it.
The world is coming to an end. Our lives are over. 2012 is upon us!
I agree there are many reasons for postponing a shareholders meeting. The postponement doesn't concern me.
The PR track record however does concern me greatly. They are so bad that there are only two explanations in my mind: it is deliberate (unlikely IMO though some here think so) or they are inept boobs which doesn't bode well for having the business acumen to be able to build a successful conglomerate.
You would think they (or maybe it is just Mr. Bradley) would realize by now what they are doing to shareholder confidence with the consistently poorly written and poorly formulated PRs.
Don't they realize, or care, how this affects shareholder confidence? Apparently not or apparently they are not smart enough to realize the detramental affect it continues to have.
agreed. good post.
No animosity towards Dean as all indicators are is a good guy with a solid, successful track record in the past.
Divorcing emotion from this, it is simply an investment decision. I have not yet decided whether to cut my losses or not but am leaning towards doing so. It appears despite good intentions and a group of solid businessmen associated with the company (which was the initial attraction) they continue to fumble the ball.
Thinking a bit more about it (after the initial shock of that nonsensical PR wore off) it appears that Dean just can't get his nose out of the weeds. I don't know him but others have characterized him as stubborn, entrepreneurial and a micro manager.
Appears to be almost a classic case of a good start-up guy who can't take it to the next level.
I am taking a wait and see for the short term but not for much longer. I will swallow the loss if need-be and move on. My patience is done. One or two poor PRs is understandable but this consistent pattern of releasing unsubstantiated information or promising the moon then no delivering anything, plus the blatant amateurish errors, has run its course and it is time for me anyway to think seriously about getting the heck out.
Real problem is investor confidence and in this case lack thereof. I don't usually predict but doesnt take Casandra to determine there will be a massive dumping tomorrow and great tax right offs.
Really hope I am wrong.
Best post of the evening.
Thanks for keeping this in perspective! LOL
It is only an investment.
Probably better to be stunned and think about it a bit but at this point I am bordering on damn pi**ed off at myself more than anything.
Probably should knock off posting for the rest of the evening on this one
this reeks of the PRs Dean would author. Thought those days were over.
PRs are not his forte.
Not as bad as that ##$$%%*** van damne video!!
abso-bloody-lutely correct.
Always had a problem with the PRs and thought they had learned their lesson. If they havent learned by now something is seriously rotten in the state of Qaspmark...
At the end of the day its just another stock. Win some and hopefully lose "less some."
I don't think of myself as a QASP cultist (either on the bashing or pumping side) and call it like it is (is to me that is).
I have been a long (obviously) but this PR really concerns me greatly. I thought they had learned. This is kindergarten stuff again. Smacks of the sort of nonsense spewed out by the "normal" pink sheets.
Bad Ju Ju.
Just posted a comment on the qasp board. Couldnt help myself. This is not good. Here is what I posted:
This PR really concerns me,
"In order for these individuals to get completely up to speed and familiar withthe QASP operations and to further develop the business plan going forward, the Quasar International Holdings, Inc. Annual Shareholders Meeting has been
postponed."
That really smacks of pure BS and some sort of fig leaf cover for something else. That is NOT a reason to postpone a shareholdings meeting IMO.
You mean to tell me that they are not already familiar with QASP operations? Sorry, not credible.
Indicates to me they are back at square one and redoing business plan etc. Very likely due to no funding IMO or an attempt to revamp in order to convince lenders to fund (only ray of hope in my thought process at the moment on this and I have been a solid long for some time).
Not good. Hope I am very wrong.
This PR really concerns me,
"In order for these individuals to get completely up to speed and familiar withthe QASP operations and to further develop the business plan going forward, the Quasar International Holdings, Inc. Annual Shareholders Meeting has been
postponed."
That really smacks of pure BS and some sort of fig leaf cover for something else. That is NOT a reason to postpone a shareholdings meeting IMO.
You mean to tell me that they are not already familiar with QASP operations? Sorry, not credible.
Indicates to me they are back at square one and redoing business plan etc. Very likely due to no funding IMO or an attempt to revamp in order to convince lenders to fund (only ray of hope in my thought process at the moment on this and I have been a solid long for some time).
Not good. Hope I am very wrong.
Yeah. Once again we are in flipper paradise.
I agree. QASP will only lose more investor confidence with PRs of that ilk. They need a funding PR followed by a series that ties the acquisitions etc. together in order to boost investor confidence and get the SP up and move forward with uplisting etc.
Doing it the other way will only result in stagnation and more flippers in paradise (sounds like a song title)
Excellent. I need to spend more time on ytube finding these great songs. He was/is one of my favorite too.
Human nature seems against it. (good choice of video to go along with your comments by the way: one of the best and I am a frank sinatra/standards fan rather than R&R)
Very interesting. FUnding funding funding please!
I do not know Manti other than from the public boards but he has always been one of the most objective and logical posters in this place. Understands markets and has no agenda other than making money. Been helpful too when I first tried to figure out how the user unfriendly site worked too.
I agree: a pledge is one of the silliest ideas ever promulgated here on the QASP board. That would not do anything other than demonstrate that the new management team are fools.
Not going to happen. The "pros from dover" are good businessmen with proven track records of success. They know how to run a business and are not interested in wasting shareholder time and money in useless gestures.
Havent been to Houston since accompanying former SecState Baker there a few times when he was at State.
Yes, I think my son will like that part of NY. We are going up for homecoming and hopefully a formal offer from the coach (though indicators are good since he invited him up and all).
Corning is actually one of my company's clients and a couple of our guys were there this week. They said the same thing about visiting.
It is a 3 1/2 hour drive to DC from here so we are well away from the DC area madness. Had a house there for years but never lived in it given I was abroad. One of the twins has been offered a place on the Alfred Univ. soccer team in upstate NY and we are looking forward to a college visit there next month (he's a senior).
We lived overseas almost exclusively until five years or so ago. My boys had seen the world more or less but never had spent more than a week or two in the US. Took them to NY to see the sites.
Settled (no particular reason: close to DC but far enough out)near Virginia Beach/Norfolk.
I took all four of my boys (8,10,and twins were 14 at the time) to see the Spamalot on broadway a few years ago based on the movie. They absolutely loved it and still talk about it: even my now 11 year old.
This goes along with what I have said in other posts and truly believe is one of the greatest strengths of this stock: the management and people associated with it.
The new team just continues to re-enforce my DD and long view on this stock.
(Edit: Try to find another pink sheet with this sort of firepower: hard to do)
Believe me, some of the people I have worked with over the years can be that dense! And some of my current clients can surprise me with their darwinian de-evolutionary madness! Probably an act though because if not they wouldn't have any money left to invest by now.
This is the way mergers/acquisitions work. You work the deal which besides stock, cash, etc. often includes management positions in the parent entity.
Likely APEX was a merger/acquisition candidate, they have finalized the deal and are announcing the new QASP/APEX/et al management team.
Most logical explanation (should probably quote the old Sherlock Holmes adage of eliminate xxx and whatever remains or something like that.
That is the only thing that makes sense unless I am missing something. As far as I can tell (phone works for example) APEX is still in business but no news about anything for 2010.
That makes sense as who in this economy would quit a steady job unless it was a step up or, perhaps, something more secure.
I can't however find anything regarding any APEX accomplishments/news/clients in 2010. Previous years shows regular news (2009 for example). However there is nothing on the web site listed for 2010 and a google search doesnt seem to show anything either. Company is still around but under the radar in terms of accomplishments for the past 9 months or so from what I can tell.
You would be surprised. I spent my last four years at the embassy there before retiring.