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Re: None

Tuesday, 08/10/2010 11:24:04 AM

Tuesday, August 10, 2010 11:24:04 AM

Post# of 375420
Not to state the obvious, but everything hinges on funding and no charting or cheerleading or bashing or buffoonery is going to make any difference. Until there is some hint that funding is happening or we hear that it is a total impossibility, 'Stuckholders' (like myself) are in irons.

Since the gamble is simply whether there will be funding or not, one has to look at what the odds are. I think it is safe to say that funding will send his into healthy heights- just like winning a lottery, you know before you buy the ticket what the winnings are likely to be.

So what are the odds of funding happening...?

In our favor- persistence and thorough effort by people with a very vested interest in seeing this through. Dean has everything invested in this, from his reputation, his own money, his life's work, and many relationships. Mineseeker wants it to happen, obviously, or they would have boogied long ago. All the so-called aquisitions have an interest in making it successful, as I see it, as they are looking to QASP as venture capitalists or job saviors with a vision. Many people see that the whole will be better than the sum of its parts..., and, of course, the shareholders want to see it happen (although if you read iHub, sometimes I wonder...) All this together suggests there is a strong will to succeed, and a vision worth pursuing that can rally attention if it is properly presented. So there is a will and where there is a will there is a way.

Going against us- negative market forces in a time of grave concern for the future. Money seems harder to borrow than it has been in decades. Insufficient track record of earnings and assets in hand. A history of failure in terms of this deal having taken years, rather than months, and taken a trail littered with more promises broken than kept, (whether from lenders or borrowers I am not sure). A perception of impatience and cavalier actions at the top and an erosion of confidence by the shareholders and markets, and the stock remaining on the pink sheets, with all that that implies, etc. On top of all that, a general environment shrowded in uncertainty...

On balance, the jury is still out. Determining the odds of total success versus total failure cannot be a precise science, especially with so many 'ifs' and balls in the air.

So, as I have too much invested to just turn and run, I am sitting on the dock of the bay, hoping more DD will inform this board. Good luck to all stuckholders. May goodness prevail!