I in no way meant that in a negative way, just my opinion on why we are at the current SP.

I also believe HUGE things are in store near-term for QSGI, but they need to overcome the "simple" stuff first to attract new shareholders to move this SP north.

A smart trader will do such until the company gives them a REAL reason to trade otherwise (think current financials and a real conference taking real questions from real shareholders).

Honestly, why buy higher than you have to if someone is willing to sell them to you cheaper?? A monkey can figure that one out.

Is a scam and will always be a scam.

Krusecom awarded 190M shares... Creditors paid off 10M shares... ahem...

It may be a nice start if they could just get the financials current... 2 months after they stated they would be current and ZERO sign of them? C'mon...

Where is this supposed promoting? This board?? Hardly promotion...

Just soaking up the cheapies this morning ;)

025's??? wow...

Thanks for taking the initiative. Hopefully QSGI can get the financials current and update us again with another CC early 2012. I'm hoping they can deliver on the forward looking statements. Good luck to all.

I think you're missing the point, respectfully. We are shareholders in the same capacity that someone who has zero knowledge of this board is. We just happen to enjoy sharing and discussing our investments with others that have similar interests.

If they are going to open up for a Q&A and then retract on the offer, we shouldn't be at the very least disappointed?

IMO this board comprises a majority of "regular" shareholders at this point in time. It was a HUGE mistake, whether intentional or not, to stonewall any questions at the end of the CC. Unfortunately I believe it will hurt the SP in the short term.

Should be interesting to see how many months it takes to get their financials current......

What's wrong with fielding questions from SHAREHOLDERS? Misleading them is infinitely worse...

No disrespect to anyone, but its a total and complete sham that they skipped over and ignored everyone in the queue with questions. I'm actually offended that they ran the CC like that. I'm glad they held the CC and I'm appreciative for the information they provided, but that was a pretty sleazy move (especially after not responding to a single email that I have sent them in the past year).

Ummmm wtf? I guess my *1 wasn't recognized???

Anyone planning on bringing up any of the questions in jax's stickied list above?

Sherman: "Gasket Guys could be a $50 million business alone"

877-407-8033

Operator will come on and ask for your info. We are holding for the CC to begin.

Yes sir. Check out the iBox for additional info.

In all honesty, nobody knows what is going to be revealed in this conference call. It could be amazing, but more than likely, given the lack of shareholder updates/contact and financials, its going to be miserable. I doubt they even attempt to address any of OUR concerns. I'm holding for the time being, but do so at your own risk.

In my opinion there are a handful of creditors waiting for a little more info before dumping their new shares.

Why? They still cannot even manage to get the financials submitted... I think that alone would scare these "whales".

There is one thing and one thing alone that has caused the significant decrease in SP here since BK emergence: the introduction of 190,000,000 shares to the O/S. It has yet to be seen what shareholders get in return for this massive dilution, but I, as a long time shareholder, am VERY concerned that Krusecom's revenue production does not and will not justify that 190,000,000 share consideration. Of course I hope that I'm proven wrong when they finally get the financials up to date, but I doubt it.

Do some simple math:

O/S w/o Krusecom's consideration: 51,000,000
O/S w/ Krusecom's consideration: 241,000,000
=17%

SP before POR confirmation: .30
SP today: .06
=20%

Excellent questions and I hope Sherm & Co don't pussyfoot around REAL shareholder concerns like these in the CC.

5) What is the planned and/or intended use of the 190,000,000 shares issued to "Krusecom"?

Agreed. Total BS.

On the conference call we should urge them to hold a shareholder update conference call following the most current financial filing, when it gets filed.

Those darn creditors ;) LOL

Sherman's promised financials and update are ONLY one entire month late now! Things are looking better and better here lol

Can you include a link with some verifiable information? That would be appreciated, for starters. TIA

That is the logical method of company growth, but Ike has a history of saying one thing to his shareholders and then doing something completely different. Hence the insanely massive dilution with nothing really to show for...

I would love to be proven wrong, but I'm not holding my breath.

That is not even REMOTELY related. In companies like SAVW (read: non-income producing dilution machines; very high risk) they are forced to use this method to raise capital because there is no other source of funds. No lender is going to look at this company and its rapid decline in pps and even consider lending to them with a steep discount.

That's my order..

Don't expect a response via email from David or Marc. They haven't responded to a single email I've sent over the past year plus. But good luck!

2,000,000,000 in recent dilution makes this worth less than .0001, good luck with buys.

They apparently diluted $10,000,000 worth of shares. Good for them. Sucks to be a shareholder with that nonsense going down behind the scenes.

I've been watching and waiting to buy in but this freefall has kept me from doing so. My sympathy to those losing money in another Ike's scam companies. He got me in GOI*.

They need to update shareholders, especially after missing the November 1 date that Sherman promised. I would be adding, and have cash sitting by to do so, but not until they at least drop a line to shareholders explaining the delays. They still have not responded to any of my recent emails to IR......

This thing has NOT found a bottom until then. Maybe that is by design......

The change in symbol probably threw them off. I threw me off until I read here that it was changed...

Huge savings? Is this guy delusional? Has anyone here researched how much electricity it takes a standard light pole costs in electricity to operate per day? I can't imagine its much... it cracks me up/pains me that Ike is pushing this JOKE of a PR to "promote" this company. Why not actually try to increase shareholder value? Oh ya, that's because you don't give a flying F, just like GOIG. Ike only cares about padding his own pockets via the vessel that is the OTC/Pink Sheets.

If anyone can provide evidence against my claim be my guest. Good luck. I assume the lack of response is because of the resounding agreement that Mr. Sutton is not fit to lead a company which expects to EVER see profit.

Is this the same Ike Sutton from GOIG?? If so, beware. Do your DD. I'm hoping its not because I'm considering taking a position in SAVW...

QSGI? Are you there??

Someone break out the defibrillator... I mean turn in the financials!!

Why would they? They just gave themselves 190,000,000 shares...