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Re: jumpster post# 208816

Friday, 01/28/2011 2:20:36 PM

Friday, January 28, 2011 2:20:36 PM

Post# of 375420
According to Jeff's blogs that should be the case, for this isn't the big news that has been promised:e.g.,the funding necessary for expanded operations/further acquisitions. Though its possible this Centaflix acquisition could help w company advertising?

See Jeff's December blog re financing,where he said the papers were in the hands of the bankers.

This current LOI apparently doesn't require financing, so it is either a teaser(that doesn't mean its false in any way)or a stopgap until the real news of funding etc is obtained. The funding has no doubt been delayed longer than expected due to Deans actions/harassment(e.g,the false Colorado filing by Dean).

Since Jeff seems to be an honest hardworking white knight familiar w the concerns of stockholders,and since he promised an update or PR by end of January,perhaps he put this news forth while he continues to deal w the financing delays and legal action against Dean.

Besides,remember he was out of town on business til Jan 4 presumably/impliedly dealing w the subject of the big news to come.
Since Centaflix is based in the same city as Quasar,that would indicate the out of town business/big news coming concerned something other than Centaflix.