Wednesday, August 26, 2009 10:04:21 AM
What does today's release from QASP really mean? (see this release below)
1. They have the money they need without the need to dilute shares. This is key. We cannot have them diluting shares, otherwise you do not know what you really are buying!
2. The company is moving forward on closing the acquisitions. They are also being prudent and not breaking the transactions up, thus adding unnecessary expense. A lot of CEO's would do that just to get them "done." Doing them separately is OBVIOUSLY detrimental and would be fiscally irresponsible. So here we have fiscal prudence.
3. The company is coming closer to having these shares break-out from being naturally valued more based on this fiscal responsibility and a great business plan.
Expect to see some real movement in the market today and this week from this.
Thank you,
John Pentony
Publisher, StockGuru.com
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