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strange. last year around spring there was a similar delay in issuing a restricted divy. I called up and got exactly the same story as you're now getting. "agent" difficulties. It's a good excuse, reusable over and over. seems to be part of the obfuscation repertoire this company has adopted as SOP.
Oh, great. We get a 5% restricted share payoff. 5% of nothing is still nothing. If I sold all my worthless shares tomorrow I'd be in the red for the broker fee. I can't even buy a hamburger with the value of my worthless shares and Marshall wanted 200 grand? good riddance to him, I say.
by short term, do you mean 5 years or 10?
If you think this has bottomed out, think again. I would guess a reverse split is about due to give the appearance of life to a new slew of unwary investors
now would be a good time to buy
when pigs fly, it truly is amazing. But don't expect them to stay up there very long.
this is the pertinent line in the quarterly that has me concerned:
"Those factors raise substantial doubt about the Company’s ability to continue as a going concern. . ."
Ah, well, too low now to bail. got no choice but to hang on. Had such hopes for a company from my old home town.
I think they over extended themselves, counted on more sales than they actually got and came near to crashing. The 10k says it all. Mucho moola spent on worms, but the fish didn't bite. I just hope they can hang on until a buyout rescues them.
thanks for the tip. After initial doubts I learned to trust Dumb Indian's warning's too.
call the doctors. the patient has flat-lined!
"on da mend"? a baandaid where we need a tourniquet.
WOW!! did you guys read this?!! This is what their new skincreme will prevent!!
Cradle Cap
Acne
Psoriasis
Atopic Dermatitis
Androgenetic Alopecia
Onychomycosis
Melanoma and more...
ANTI-AGING
UVA protection
Forget that old gold mine everyone was going to make millions on. Mellone now has an IMMORTALITY creme!! WOW!!
LMFAO
I tried to ride the gold scam, but the selloff and rs both caught me by surprise. I had other things on the plate and didn't pay close enough attention, and lost because of it. My own fault. I learned that when you got money in the game, pay close attention. Especially when playing against the house. better luck to us all next time.
Imo, we'll go from rags to shredded rags.
I lost bigtime on this stock, and a few others, before I caught on that ethics has nothing to do with anything about Mellone. He's an expert at flipping the flippers before they can flip him. I used to get angry, too. don't get angry because Mellone conned you. Give him the credit, he's better at it than most of us are.
If you approach these stocks with an adversary outlook, and try to see how the con works, and then try to play it, you'll save yourself a lot of hair-pulling and angst.
All IMO, just to be legal.
Mellone is a smart guy. Most people get into penny stocks in order to cash in on the runs. If you do it right you can make a nice income flipping these things.
Mellone, and the other CEO's of companies like this, know that's what's going on, and his goal is to outsmart the players who are trying to outsmart him. While you're playing him, he's playing you.
He's not a bad guy, but he does own the casino. It's a gamble, There are some small winners, but the house has the odds on its side. I think Mellone has a quote from Barnum on his desk and uses it as his business s.o.p.
that may be true, but look at the history of other big droppers. Remarkable similarity there, too.
the trend is down and each bounce is shallower than the last. did you see the 10k? sucks bigtime.
i'm hoping for a bounce to around .70, then I see it going down to the old .25 price.
be ready to move fast, when this has topped out before, the drops have been precipitous.
Hey manic, good call on the 51. you still thin that 1;13 is the top of this run?
thnks. I've seen this from time to time with other stocks and could never figure out what was going on, if anything
Just a question ; when the bid and ask sit overnight so far away from the reality of the actual pps, is this a sign of someone fixing it to prevent any movement not under their control. I mean, it sure stops the buys in their tracks, and not many will sell at half of the going pps. it sure looks like an attempt to control the movement, to me anyway.
Chess? Hah. more like craps.
imo, pmp & dmp. Someone else posted earlier this happens just b4 a good pr is due out. When it gets low enough the climb will start again. last fall it went from $1 to $3 b4 the dump. if u wanna play this, be on your toes.
jim. according to their website they just placed (feb 4) product in Albertson's, a national chain:
http://www.nxtnutritionals.com/
They also have a 0-calorie drink they contracted out to a west coast placement firm last year. From the initial pr they were marketing it as a sports drink, but I can't find any reference to the drink on their website. Maybe it tanked, maybe still a go,I have no current info on that. IMO, the fact that they aren't promoing the drink bodes.
If the lenders are that confident in Qasp to fork out 350 M and the bulk of their payback is in stock then they must have done some DD on Quaser and feel pretty confident about their return. That's serious money, especially in today's financial climate. It makes me feel more confidant about this company than I was before
c7bk. Am I misunderstanding this? This 40% increase is held by the lenders?
board is overloaded. If you post a comment don't hit send multiple times. Give it time to process or you get multiple postings of your msg.
so, according to the pr, the increase was to secure the balance of the $350 M. That means the loan talk is legit. If I read it correctly a pr to announce the completion of the loan should be forthcoming? That cash infusion should make the pps soar, despite the surprise today.
so, according to the pr, the increase was to secure the balance of the $350 M. That means the loan talk is legit. If I read it correctly a pr to announce the completion of the loan should be forthcoming? That cash infusion should make the pps soar, despite the surprise today.
so, according to the pr, the increase was to secure the balance of the $350 M. That means the loan talk is legit. If I read it correctly a pr to announce the completion of the loan should be forthcoming? That cash infusion should make the pps soar, despite the surprise today.
so, according to the pr, the increase was to secure the balance of the $350 M. That means the loan talk is legit. If I read it correctly a pr to announce the completion of the loan should be forthcoming? That cash infusion should make the pps soar, despite the surprise today.
seems to be holding at .019
Well I hope I'm wrong. The 6 bil is for private sector R&D. It sure would be nice if we got a piece of that cake.
the New NASA budget has $6 Billion allocated for investment in the private sector. too bad that, despite the "aerospace" in its name Qasar has no irons in the "space" part
for only $250 M dean coulda bought a 747 and started a commercial airline!
can somebody please wise me up? There are companies out there with a lot less working capital and a lot less material assets than QASP that are trading now in the dimes and dollars. Why is this company still in the penny range?
we haven't heard that the loan HASN'T come thru. IMO, If that were the case we'd have been notified by now. I think we're ok.
In africa they judge the severity of the drought season by the migration habits of the animals. Severe drought, bad news, they migrate early, no drought there's no migration. So, as they say on the savannah, no gnu's is good news
we can only hope for a nice end of year announcement