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Re: TheLastOneSitting post# 160984

Friday, 07/09/2010 5:35:45 PM

Friday, July 09, 2010 5:35:45 PM

Post# of 375420
Well from my vantage point it looks like Quasar is now in a corner.

100 million loan to pay for acquisitions--not here
10 million dollar loan to pay for the 100 million dollar loan--not here
1.8 million dollars needed to pay more fees to obtain the above--has not been press released--why? It's certainly not a lot of money at this point to put up if in fact the loan will really be made.

and
Mineseeker trials did not start due to LOGISTICS problem,
what does that mean? Will they occur in three weeks, a year ??

Does it still cost Quasar 200k per week to keep all of its deals in place until full payments for the companies are made?
Of course it does--that's a fast burn of $$.

it's one delay after another.

I wonder what is really happening and more importantly where Quasar is going now?
Yes the PPS has not gone to ZERO, there must be a chance for success and patience is the key. Maybe something positive will be revealed SOON.
good luck to the other LONGS holding for a sucessful change of our fortunes.