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Re: Pete Crawford post# 42380

Thursday, 10/29/2009 10:07:44 AM

Thursday, October 29, 2009 10:07:44 AM

Post# of 375420
Pete...GM....while I believe you wrote what you sincerely believe, it is the most commonly made mistake (or dream) in Pinkie-land.

You mentioned "...multiple dollar potential in the relativly short term."

That will never happen.....the best you can hope for is 25-30 cents in the short term and a few flips along the way to make some cash.....then, this is done...."toast"....

maybe at one time when the float was 39mm and the O/s less than 200mm, you could hope for that....not now....even with a buy-back and Dean buying shares....(besides, his buying is a joke...50k....it's like wizzing in the ocean)...

(now I'll get 10 emails telling me I'm full of crap and half a dozen PM's telling me to sell and go F$%# myself)

The fact that Pinkie-land players overlook is that the company....any company....on any board....has a share price based on its financials or corporate worth.

with over half a billion shoare O/s and more on the way, for QASP to be worth multiple dollars in the short term, the corporate value would have to be OVER A BILLION DOLLARS....that's NOT a possibility (short term)...

at 150mm and 33mm EBIDTA....and less than 200mm shares O/s, there was a possibility to see a buck and with some growth ya might see $2....

Dean has diluted that possibility into oblivion....

besides....the difficulty of taking a company from $150 to over a billion $$$ is enormous.......companies move in plateau levels.....each one brings a new set of corporate operations hurdles which must be overcome....

if we want to make money here....we pray for hype and volitility....the rest has been killed....besides....if this company ever in your wildest dreams grew into a huge corp....everything you see now will be different and the share will be totally different.

GLTY