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Funding and Buyback!!!
Great!!! Down we go. Thanks Dean, thanks a lot.
Gotcha, I misunderstood.
If he has millions sitting on the sidelines, why hasn't he started the company buyback? Why does he continue to sell share to fund operating expenses and small aquisitions?
Now would be a good time for Dean to start the buyback!!!
I hope I'm wrong too.
Oh, I'm not selling. I'm just frustrated as heck right now and think Dean needs to put together a CLEAR, precise PR on the progress. Or hire a PR firm.
Guys, I hate to say it, but I think the reality is that the financing most likely fell through. It has been way past a few days. Dean should really step up and inform shareholders. Mark can’t be imbedded in Chicago anymore, they ironed out final details in the Bahamas a couple weeks ago. With all that has been going on with the global economy, especially in Europe right now, I wouldn’t be to shocked to see that the $350M went away.
Maybe I’m reading too much into the PR last week, but I don’t like the sound of this statement,
“An announcement regarding the progress on acquisition negotiations for Quasar Aerospace International to take a controlling interest will be made within two weeks.”
With Dean’s PR’s, you kind of have to guess what he’s trying to say half the time. It looks like this statement is about Mineseekers, but could he be talking about the original 4 acquisitions? Just have a bad feeling. Hope I’m wrong, but time will tell. GLTY
That depends on who you listen too on this board. Some say those acquisitions are not part of the original 4 target acquisitions.
Yeah, his PR’s are filled with riddles that create more questions than answers. Dean REALLY should hire a PR firm.
I also think the longer the financing takes, the less likely it is to happen. How long are the 4 target acquisitions going to be around before someone else buys them?
I’m not selling yet, but it sure is getting ugly around here.
Did you ask him what is going on with the funding and buyback?
Enough with the R/S stuff. That would be the kiss of death for QASP right now. Not going to happen anytime soon, if at all.
If they have the money to make acquisitions and donations, they should have the money to start buying back shares.
The website is most likely being updated with the new acquisition(s). IMHO.
Any of you folks that supposedly managed to get Dean on the phone ask him why is there a delay in the company buyback?
Unfortunately, that seems to be the pattern. Lets hope that all changes this week, if we get a PR.
Or it won't come out until Friday. Dean loves Fridsy PR's lately.
Any change in the O/S this morning?
If that’s Earnest, he better get more active.
I don’t have level 2, but it seem like they let the price go a little to entice some buying and then pull it back. With up to 20% to buy back, I would think Earnest would make a bigger entrance. Maybe we will get some clarification on Thursday. Or Friday.
Junk parts? Hardly!
Years ago I worked for a company that would buy used computer equipment for pennies on the dollar and sell it for a huge profit. As to why they were able to buy the equipment so cheap? Well, the seller had older equipment that it needed to get rid of. The company I work for had the ways and means to find the right buyers. It’s all about having the right contacts. I know nothing about Helicopter parts, but it could be highly profitable.
Now you could also question where they came up with $150MM and will the value change over 5 to 7yrs. Is that present value, future value? Is it an estimate? Will it Depreciate? Will it appreciate? Still a lot of questions, but it could be huge profits for QASP.
Now, when does the 20% buyback start?
Your right!!! I’m in!!!! Thanks Dean.
Your right!!! I’m in!!!! Thanks Dean.
And there it is, Friday News. Not what I was hoping, but interesting non the less. Gives me more to think about over the weekend.
Here’s my take, hopefully it make sense.
Frustrated as heck that Dean PR’s deadlines and leave us all hanging. But DD tells me if all he’s PR is true, we stand to make a lot of money here. I gave myself a deadline of today, if no news by EOD, I would look to exit first thing Monday. Really don’t think this will fall too much into the subpennies by Monday morning. So, selling now or Monday will not make much of a difference. I’m really on the fence with this and will take the weekend, have a few drinks, and think it over. Just my 2 cents.
Your right, Sorry, My bad.
10K Filed
I’m debating with myself on what to do at this point. After the last PR, I told myself that if the deal isn’t done, and no buy back has started by the end of today, I would sell first thing Monday. My frustration is telling me to sell, my gambling side says hold on and see how everything unfolds. Starting to feel like this Chief person, talking to myself and referring to myself in third person.
Well, if no PR today, I have the weekend to think it over. QASP looked like it was going to be a winner. And I hate to be wrong!!!!! Rest assure, if I do sell first thing Monday, Dean will release a PR that funding has closed, acquisitions are done and you’ll be rich.
Friday!!! Popular NEWS day for Dean. Any predictions?
I say 1:58PM Press Release.
Dean does seem to be fond of Friday PR’s as of late. Lets hope for the best and all make some nice cash!!!!
Hate to say it, but I think EOD tomorrow is my time limit also. In Dean’s last PR he stated “the contractual documents will be signed within a few days.” A few days is up for me tomorrow.
Thanks for the tidbit Manti!!!
I’m “All In” and looking forward to seeing what Dean is holding.
No, The PR stated: They met at Grand Bahama “to iron out last minute details of our long term funding.”
I’m Pessimistically Optimistic.
But I hope you are right about it being HUGE!!!
Nice PR!! Couple Questions though?
1.What’s going on with the Buy Back?
2.They met the lenders in Chicago and imbedded Mark Lunduist in their office to expedite the closing. Now they meeting in the Bahamas to iron out last minute details. Isn’t that what Lunduist is imbedded in their office for?
3.Does a matter of days mean less then a week?
Dilution before the buying back I hope. Perhaps all this volume is the start of the Buyback. Oh Hell, who knows! I’m just going to sit back and see what happens. Good luck everyone.
Did I miss something? Why the big sell off, or what appears to be a sell off.
I’ll be a much happier camper if you are.
I’m not complaining, Just if you PR something, stick to it. If you’re not going to meet a deadline, ok, just let me know or don’t set one at all. And don’t talk transparency if you’re not going to show any.
My own personal deadline is if we don’t have something accomplished be the end of April (Buyback or Funding), it’s time for me to move on. There’s money to be made somewhere else.
I hope your right.