Guys & Gals,
Here is a realistic picture of what has happened, and where we stand today. You can agree with it, or we can agree to disagree but here are my thoughts on the entire situation.
First and foremost, QASP is not a scam, but is a vision which Mr. Bradley has been striving to achieve for a few years now. Set backs have occured, and timelines have been pushed out, but there is entirely too much evidence for anyone to blantantly say, "this is a scam".
What actually occured was that the hangups in regards to the $350M funding, brought about the increased AS to 1.5B shares, and Mr. Bradley had no other option but to do so at the time.
Sure it was not cool that a poster here found the filing in advance of the the massive sell off, then Mr. Bradley scrambled to put out a PR later that day. There are just way too many unknowns about it to assume that it was done this way intentionally.
The AS need to be increased to keep the options open on the first 6 acqusitions, therefore Mr. Bradley ultimately made the correct move. It's about the big picture, and he did what he had to do at the time.
TF, MS, helo parts, and the machanic shop aquistion, just added to the quickened pace in which the OS increased since early 2010, but there seems to be purpose in all of these deals.
"Keep in mind that we are not the designers of this vision, Mr. Bradley is, so we don't know the value to all of these deals until the time comes".
(For now all we can do is assume.)
So lets move forward to today. The AS is maxed and time is of much importance and we all know it. Mr. Bradley continues to dig in and stay firm that the AS will not be increased.
(Except, for the comment he made in the most recent CC.)
I don't see him doing it at all, and he's a hell of a lot smarter than that. If he wanted to he would do an RS which would accomplish the same job in the end. An RS does not change the AS, but it does provide the room needed for him to continue forward.
Sure it's kind of shady, but ulimately it would put QASP in a position to uplist, to deal with the Newby warrents, and to create room for the $350M if "the option of restricted shares is still in the works".
As for Newby, it's obvious he dropped the ball on the first attempt, and then in a round about way pointed the finger at Mr. Bradley. Look at the verbage in the PR. Newby is basically saying that, "he tried to jam the $10M & the $100M together due to the timeline the company needed".
(Anvils email confirms this also.)
Should I keep going?
Best Regards, Bernie
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