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I don't think it is either one of those because the 65k to me is a hard money which is typically reserved for a better day and no hard money lender would lend it unless they were looking to have that better day.Having consultant titles is a 1099 position, thus no drain on the bottomline. In short I think we are in for what KM has been promising, why else would he go to this last resort level or keep people hanging on. I think in about three weeks we will get a update. It's just taking a bit longer than expected as it always does.
He always seems to find companies that will listen to his BS. I will give him that.
Yes, and the fact some of the executives titles have changed to consultants are very telling clues to the future if this company. Of course, in my opinion only.
You are probably right, if not totally correct. It has been a amazing trip watching BK work his way into so many businesses. Launch TV. Seriously what a sales job he did on that one and the investors . His Peru connection is sure going to be interesting.
Bid building now however someone needs to hit the ask. And very few are which suggest moving down.
This thing is on a rocker right now however, if news does come out and it's positive.... You know the story
Low volume day and Friday. .0038 close.
We will see however, tech's say other wise.
Take my advice this will close in the red. So wait and buy then
I'm fully vested however, lurking in the weeds waiting for a dip to buy more....
It's loosing direction. You know what that means..
Out side of the premarket 10k T trade this morning the rest seems light.
I hope so but why would that happen without news ?
We will probably see more as we get closer to March 21st.. Keep an eye on AEPP and their engineering reports in Peru.
I hope so however I am not betting on it.
I'm praying for it prayforme however, it's Friday and typically things go South on this day of the week.
Trust me I know. I personally have been involved with them. One other question if you don't mind. What's your thought on the title changes to consultants ? This one thing tells me says a lot about the direction of the company.
Most of them in the hard money venue are ...
Ditto...
It also explains why he said everything is still in the works.
That would explain why they no longer need the funds.
We will hear from them soon. What is your guess as to what this will do to the stock price ?
That's what companies can say when they are being bought out.
Yes, they would. I would bet they are going to buy them
Hire a uber driver to go by ...
Well, if that is so it screams buy out..
If all that is true and all the patents are so as they say, then this company is a target to get bought. Casale maybe ??
Thank you.. I guess we are going to have to wait.
Did he say anything other than they are not actively looking ?
That was the last time when the stock was green (hype) however, it's more seasoned now and it's going to take solid news. Which by the way is on it's way.
That's possible however, an update is what is needed.
When the 51-101 report comes out in March, it will most likely say heavy oil among many other things. By the way, there is only two ways to get the heavy oil out of the ground. The environmentally unfriendly old way or Kistler KC9000 environmentally friendly way.That's why B. Kistler is involved.
and here is where Steve Hart Works. http://haydenir.com/
Hayden IR is a premier investor relations consulting firm. Looks like QSIM is getting well connected.
Because their not however, they are short on cash. That's where the 65k comes into play.
and why take a 65k loan out?
It's a tell tell sign
The dilution as you said is out of the way. The 65k funds are in place to carry for a month or so. Why would they play the gambling card at this point? To me they should start building investor confidence by having a on time 10k and update, unless you are correct about Casale.
An on time 10k is what I am betting on. Should be tomorrow.
Since the pattern of delaying the 10k as QSIM has done in the past and because that 65k is a band-aid loan where time is not on their side, I have a feeling that this 10k won't come with a delay.
You are a 100 % correct about the match up. 65k Band-aid loan and dilution over. Sounds like a quick clean up before the good news.