QSGI, Inc.(fka QSGI)

[hotmeat]

I'm trying my best to follow you argument but its confusing. First you claim that the company owes millions to creditors...okay we all know this. Then you assert that the company has no assets and is worthless...okay, this may be.

If this is so, then which creditor in their right minds would want "newly issued" shares in a debt ridden, worthless shell company with no operations??? How else are they to be paid??? (Remember Krusecom has value but is a private entity).

The only plausible answer is to R/M Krusecom into the QSGI shell with its existing shares and offer creditors shares already held by the company.

The alternative to this would be an IPO for Krusecom which is unrealistic in terms of the "hoops" they will have to go through procedurally and the financial costs associated with this method.
I eagerly await your opinion!!!!