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Friday, October 09, 2015 2:57:56 PM
I agree that no one is without reproach, and management definitely should be criticized or penalized if they hurt shareholders. My point is that unless we know all the facts we can't say they are right or wrong in their actions, so let's give them the benefit of the doubt. I think Gregg is doing a good good job so far with what he's been given, so if we don't understand something let's not rush to conclusions because there very well could be an underlying meaning behind their rational as it seems this is the case so often with this company. Anyway, I won't beat a dead horse anymore.
And lastly about the billionaires, you may be right, but I've not been lead to believe they are hear to steal value away from shareholders. From what I understand, they will need to buy stock in order to have ownership of the company at all. One of the reasons is because QS Energy Pool is a wholly owned subsidiary of QS Energy, Inc. That's the way it was explained to me. Now, that may be incorrect, and maybe they put in their own money into one of these acquisitions, but I don't believe Gregg would do it a way that hurt shareholders or created dilution if it is in his control. It could be a loan / debt that the acquired company's earnings would service vs. stock. I am hoping that the only way for the billionaires to have ownership is through buying stock in the open market. I could be wrong though, and we will see if that proves to be true. The bottom line though is this; will QS Energy be making more money per share as a result of the involvement of the billionaires, or less? We will have to wait and see.
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