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Re: surfguy post# 196183

Tuesday, 10/05/2010 5:28:14 AM

Tuesday, October 05, 2010 5:28:14 AM

Post# of 375420
Problem: what if we do not recover? People hold out for the hopeful miracle and like Godot it never comes.

QASP managment can hope and bets on the fact that longs are so severly in a state of loss that they can do nothing other than cling to blind faith in the impossible and will not sell even though there is a severe lack of real evidence and reasons to think this is a good investment. People who buy this are buying a lotto play or based on insider info period. That's it.

I repeat = without a substantial update and solid reasons for optimism (which personally I doubt exist), there is no reason to invest money into this. All of us drank the cool aid and are doing our best to survive.

We seem to be in a brief reprieve from the death spiral. A week after inauguration, Jeff has nothing to say. I personally take this as an indication that the state of the union is not good.

People say "oh well Dean gave us false hope and new management just wants to report results" -- who in thier F'n right mind would expect results from QASP in its current state and based on the track record?

Failed funding attempts. Maxed out O/S to the tune of 1.5 billion shares. A new CEO who sympathizes with stuckholders because he is one...but who with big money gives a F about that? Jeff is an unknown quantity -- there is no way that he can get funds based on his credentials -- a Freakin' Ihub moderator for the dump of a stock he is the CEO of?

Can anyone tell me why QASP is worth 100 million vs. putting a fraction of that into MS or Apex directly? Why is QASP a good middle man?

It sucks that I am losing and will probably lose my entire investment.
I am tired of the kool aid pumpers, and I will not tolerate silence from the new management in the face of hardcore, justifiable skepticism. I am more an more sympathetic to Porgie's accusations of insider trading, and if another huge surge of volume occurs prior to news I am all in favor of prosecution. If there is something good to say F'n say it!

I am done drinking the kool aid. I think it is wrong for management to withhold information that would give us reason to be optimistic when there are so many reasons to be pessimistic. I think most likely we are doomed, and I think that is the probable reason we are not hearing anything...there is simply hardly anything positive to report (in the face of what we all know is needed -- strong reasons to believe funding will happen, which all the smart people think will not happen).

I am a stuckholder, so I am going down with the ship. I implore the new management for a state of the union address and maintain that in the absence of this we should assume that the union is not in a good state ...rumors and hope based on them has lost momentum -- shown by the weak volume today. The next round of volume is likely to be in the negative direction, without some reason to believe that is based in reality.

I apologize for rambling, but I do not give managment a free pass to say nothing until something good happens, especially when there seems to most no good reason to think that anything very good will happen. We need a state of the union address, just as we expect our president to give us, even if there isn't much nice to say, and I would argue this is especially true in our current circumstances.

I would implore all shareholders to demand a sate of the union address. At this time none of us knows what we own, unless you are an insider. This is simply a foul smelling pig right now. I hope for a recovery, but a new CEO that was an Ihub moderator and insider taking over hardly gives me reasons to smile. Just think -- why didn't Landreth take over the CEO position? I assume, at the least, that funding isn't so obvious.