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Monday, March 29, 2010 8:40:28 PM
As you must already know; business mergers close the same way i.e. in an attorneys office with affidavits, Notary Publics, signed checks, SEC documentation, etc, etc. I can only imagine the red tape and small legal print involved, the number of docs, etc. I am just guessing on some of that but I am sure it is involved. That has not happened with ProRemote as far as the general public is concerned. Maybe the closing was today and we hear about it tomorrow. Who knows but as far as I am concerned the ProRemote and Nazz Production merger/acquisitions are technically not complete and ProRemote's has taken far too long without a specific reason. If indeed QED switched gears and went onto a Triangular Merger to better shareholder value and for the better of the company then I assume it will be worth the wait. I just hope that all these delays don't end in a flawed execution of the plan and without notification to shareholders as to why. Remember what happened to that company Nazz tried to merge with back in 2005. It appeared to me that it fell apart and though I am hopeful; anything can happen down here especially with the limited cash QEDN has. Hence the dilution since last June.
In my experience most Pinksheet CEO's either don't care about communicating reasons for their milestone delays with their shareholders, or they are hiding something or both. Credibility, credibility, credibility! Makmann currently has zero with me. What has he completed other than so called agreements? I haven't seen them; have you? I am sure you understand my point. I am long and strong QEDN with more reservations the longer this takes.
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