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Is this a panic PR to try and offset what may be bad news for the Joe/Dean team coming out of the court proceedings? It is otherwise the same PR they released a few weeks ago.
I don't recall being notified of a stockholder meeting to vote for new officers of the board, nor did I receive a proxy request. I think, perhaps, yet another a lawsuit and maybe criminal charges may be in order against these carpetbaggers (Joe and Josh) who keep ignoring my rights as a shareholder.
Hey fink! Thanks for the reply.
Sadly, I cannot thank you in a private message, but I appreciate your time.
Drama aside, what's causing the see-saw action we're seeing yesterday and today? We haven't had movement like this (up or down) in a while. Just people playing the stock or is something up?
I think Jeff's explanation was great news. It showed a team that knew what they were doing and was on the right track to get things done.
The structure of the executive team is not hard-coded in governance documents; that would make even the simplest of reorganizations cumbersome.
Corporations are composed of GOVERNANCE in the form of a Board of Directors (President, Secretary, Treasurer in the case of QASP) and MANAGEMENT composed of an executive team appointed, as you say, by the Board. But you don't discuss the executive team in amendments of the governance documents. In the main corporate declaration is a section that usually states as simply as possible "the board shall appoint an executive team to manage the daily affairs of the corporation". Period.
In my opinion, the only flaw in the recent Colorado filing was bothering to mention Josh's executive team role at all. It was unnecessary and clearly confused the lot of you.
Those are still officers of the board, not the executive management of the company. I'm president of a board, that doesn't make me CEO or even head janitor.
Study up on modern corporate governance before your next panic attack.
Nevermind. I didn't read to the end of the attachment where Josh Henderson is listed as President and CEO.
We all knew Jeff was temporary; he said so himself. Let's hope he's worked some wonders, gotten QASP back on some sort of track and this is merely an orderly and positive progression.
It's in Google. No grand conspiracy needed.
Lighten up. "jmho"
Is the Mineseeker demo today?
For some reason I have today's date stuck in my head, but I can't find the recent Mineseeker PR that mentioned the new date.
Wake me when it hits two WHOLE cents. <YAWN!>
Given the history of harassment certain iHubbers have committed against any named Quasar principles, real or rumored, I wouldn't give my identity out either.
Thanks for making the rant I was constructing in the car on the way to work this morning. If the Verity camp is to be believed then Dean is about to succeed in everything he planned: a number of key acquisitions, funding (of some sort) and a management change. All these things have been in the works for ages and all due to Dean Bradley. None of these things magically began the day Verity got concerned and started making noise.
I'll be the first to admit that Dean's PR skills suck and his tragic flaws are over-exuberance and jumping-the-gun, but give a little credit where credit is due, guys.
Quasar credibility being what it is right now, they would be best served to hold their tongues until they have results. We can't even validate that anything Verity related is true until it occurs. Pie-in-the-sky distraction and fuel for board angst until it happens.
I would prefer the company keep quiet like this until it has material results to announce. It would be a distraction and dissipation of energies for them to keep the stockholders appraised of every little step they perform on a daily basis. They have better things to do than hold our hands.
And nowhere in Verity's post did I see that these activities were complete, merely pending. I wouldn't expect to hear from the company until they were.
Weren't we all complaining about Dean pre-announcing things that, while perfectly reasonable sounding, never came to pass? Why would anyone expect/want the new team to do the same?
And who is he, other than (apparently) a penny stockholder like many of us? Never mind, that is "personal information" that we're not privy to, yet some of us apparently are and the rest of us are supposed to take it as gospel. It is merely verity's unsubstantiated opinion until proven in a PR or other communique from the actual company.
Despite the fact that 'thanking Verity' seems to be one of the most popular topics on this board, I expect this to be removed for being 'off topic'.
'Clarification' and 'Retraction' are not the same thing.
My opinion is that IR is staffed by an idiot(s). And BTW IR, a little too cozy in the email responses (if what we've seen posted here is actually from IR). I would prefer a bit more professional detachment. Beware of penny stock flippers who want to be your email pal.
Ugh. And today my first block of QASP stock hit it's one-year anniversary. Not the auspicious occasion I was hoping for.
Heck, I'm not even long (from a capital gains perspective) on my very first block of QASP until next week. I'm certainly not long on the big block I bought at .002. Loving THAT block!
Slow and steady wins the race!
Let us hope.
I don't recall anything in the PR regarding the CET acquisition that touted the Solaroli patent as the main driver of the acquisition. In fact, I don't recall it being mentioned at all. This manufactured drama over the patent is simply bear-baiting. I'm happy with the acquisition at face-value.
I think Quasar would be better served by securing acquisitions one at a time as money permits and not stressing over some big funding that delays growth of the portfolio. Grow the portfolio (and the bottom line) and funding will come.
Bottom of the Bollinger band bounce coming, I hopes, I hopes, I hopes. That'd be a nice end to the day.
I only want to hear about closings from here on out. Anything else is noise and gristle for the bears.
Penny at a time 'till we reach a dime.
We gotta see ten cents before we see a dollar. Slow and steady wins the race.
Someone posted a response from IR last week stating that Mr. Bradley was meeting with the auditors sometime this week.
That's all we know.
I doubled my position at .002 and was soundly chastised for not holding out for lower. "Triple zeroes are a'comin'!" they cried to the hilltops. Well, they're still waiting for triple-Os, and I'm green.
I was able to snag 250K at .002. HOLLA!
I thought the PR had great news in it, actually. Although I am hoping the PPS falls a bit more (run away, scared lil' children) so I can double my position. Not in the million share club yet, but soon. No risk, no gain.
"Which part of 'long' don't you understand?" - anonymous
Less predictions and more accomplishments from Mr. Bradley would be in everyone's best interests. Sadly, he set the tone early regarding rosy predictive PRs and it will take a while to ween the rabid iHubbers off them. I too would be perfectly happy if he kept his tongue until he had something completed to announce.
No more tea leaves, please.
From the looks of that last joint email, it looks like a professional may finally be writing the PRs, possibly someone from the Mineseeker side. This in itself is a very positive sign.
Acquisitions first, buyback second.
Why do people think the buyback might be happening now? It was stated pretty clearly in a CC that that buyback would occur with funds leftover in July. Gotta get the funds and spend them on stated acquisitions before there's any leftover.
Silly people.
I don't know how long it normally takes, but apparently this one took over a week since they only announced confirmation today. Does that mean they received confirmation today or four days ago and only got around to PRing it today? I have no idea.
Perhaps a call or email to Investor Relations would clear that up for you. Let us know.
Yes, you were wrong to infer that. The "Once" in that quote was never defined as 6/14, the release date of the PR; the 72-hours starts when the "Once" is declared. Today's PR declared the "Once" (with the additional two mystery conditions). NOW the 72-hour counter begins. Maybe. With Conditions.
OS stability might indicate that money has been available from other sources. If they have even some of the funding, there would be no need to tap the OS anymore. At least, that's my take on things. I see that as one of the clearer signals that something good is up.
Without news I doubt it will stick.
MMs have been holding this flat for days, squashing any sort of uptick, but (on the plus-side) moderating any down-ticks as well. Makes me suspicious. And slightly optimistic.
Acquisitions first, buyback later.
Quasar isn't going to waste funds needed to buy companies just to satisfy the cries of a few disingenuous flippers whining about OS and PPS. Dean has made it pretty clear what his priorities are: acquisitions in June, buyback in July. Go back and listen to the CCs again.
Shares will be bought and sold! Be warned!
Dean said buyback in July, so I guess no.
He's got this first round of funding earmarked for acquisitions, if I understand the plan correctly. Get the acquisitions closed by month's end, then use what's left for buyback in July.
Where do you get your L2?
I'm trying to learn how to read it and I'm hoping the site you use has descriptions specific to their format. I'm not quite sure what the significance of the empty/solid green/red boxes across the top mean. I suspect its empty/filled buy/sell orders, but that's just a guess.
And is there a significance to the left-right order of the boxes? I also suspect that the L2 is much more animated in real-time. Seeing it in action would probably explain a lot.
The soul of investing is "forward-looking".
Let me know when we bust the meandering-parallelogram; THEN I'll be happy.
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Heck, we need to break .02 then wave at it in the rear-view mirror!!!