yes, i do know, but there is a common misconception that when a company on the pinks raises money to grow a business by selling stock that its a scam
qasp and every otc pink is a scam by that definition
its all relative to how you look at it
some go to a casino and lose money and immediately say its all rigged
the reality is that private or public most companies fail
the reality is that the house makes money and only the lucky gambler wins
the odds of a company, any company, being successful and turning a profit are very slim
qasp has a lot of good things going and it seems that the plan and direction are being followed which can help increase the odds of success
but if things dont go as planned or someone loses money in the process they immediately jump to the conclusion that its a scam and not the reality that the best planned companies dont always turn a profit
with the mmj industry being in its infancy in a lot of ways and the jump to capture a part of what seems to be a growing market, this is a good position to be in. plus with the actual purchase of physical, tangible hardgoods and a plan to open a grow warehouse its got a lot of solid traction.
sure, they will sell stock, split, increase the os, dilute and do whatever it takes within the rules of the game to move in a direction of turning a profit so they can make money and in the process the sp will go up and down and smart flippers will gain
hopefully the plan works and a lot of money is made by everyone
but the hard reality is that if it doesn't and people lose money thats not a good enough reason to dismiss it as a scam if they are actually showing progress as they obviously are.
im just venting bc it gets old hearing the scam bs over and over with no support to show anything other than the normal workings of any pink company attempting to beat the odds and plenty of tangible progress to show that they do have a plan are actually working to carry it out as much as possible with the normal amount of success and failure that is to be expected in any business venture.
imo based on my dd qasp has an above average chance of some degree of success which is much better than most of the scams, er i mean penny stocks out there.
with everything that is unfolding im just waiting on the financials to show that this should be sitting in the .003s not the trips and once the additional steps in the plan are achieved it has the potential to run much higher on the overall "mmj story" bc there are a lot of people out there that would put their money into a growing mmj company if it actually demonstrates that it can be successful and not just another mmj flip
