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Alias Born | 09/09/2009 |
Friday, April 30, 2010 4:20:45 PM
1. "The funding is in our bank for closing Acquisition #3" The funding is real, and part of (if not all of) it is in the bank. $15M is 1B shares sold at .015 (much higher then most of the dilution) so this funding is not from dilution
2. QASP will "recapture its $15 million investment plus interest prior to any distribution of profits" so if they sold the parts for even 125M and split the profits three ways they would make 36M+
3. "...sold/distributed worldwide over the next 5-7 years." QASP is going to be around for a long time, hence looking to the long term. The funding and acquisition are the biggest concern of the company, not shareholders trying to pull a quick 10 bagger
4. "The effective date of our takeover is May 1st. The details and name will be disclosed in a PR that afternoon." Expect a PR tomorrow
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