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Re: Badge714 post# 333387

Tuesday, 07/29/2014 4:17:06 PM

Tuesday, July 29, 2014 4:17:06 PM

Post# of 375420
They will most likely follow the same pattern they pursued with the flight schools.

Tout the couple of articles about the huge shortage of pilots and get into the business on a shoestring budget. Then convert debt and sell shares (the PRIMARY business of QASP) while the flight school goes to pot...

One can take Q as a serious investment when they eliminate all convertible debt and wipe out the pref A's which take 6/7 of all assets and ZERO percent of the losses... all losses go to the common shareholders.


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