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Re: highonstock post# 139449

Monday, 06/07/2010 1:26:22 PM

Monday, June 07, 2010 1:26:22 PM

Post# of 375420
Yes, I do know a little about performance based contracts. I read AW&ST from cover to cover every week.

I'm just pointing out that the article says that the technology is being supplied under license from the US Military, and not from Mineseeker Overseas Operation, Ltd.

QASP was touting the value of Mineseeker based on their "unique ground penetrating radar system": http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46494417

I think it is important to seperate the Foundation's work from Mineseeker Overseas Operation, Ltd. (the QASP "aquisition target"), when trying to value this stock. And, at least according to that article, the foundation, which is Mineseeker Ltd's only potential customer, is no longer using Mineseeker Ltd's technology.