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Re: tom favata post# 211631

Saturday, 02/05/2011 12:37:25 PM

Saturday, February 05, 2011 12:37:25 PM

Post# of 375420
Well that is the big news talked about? As I said the Dean issue will take time to resolve legally. I hope it doesn't delay close of merger but it could. Its not like mergers never get delayed for closing. At least James Owens seems to understand the issue and still wants to do the deal. Must be he likes QASP and Centaflix are both in same town. Lawyers and legal issues never fast but seems it has been worked on since last fall. IMO will delay merger but still merger should happen. It's a good deal for Centaflix who clearly wants to go public and gets 75% of the shares. IMO I still see this float down as overbought and people get impatient. This is not going to get resolved quickly and merger even if closed timely still means March. As I said have to close the merger before Company can move on to more deals or loans they want. Plus it still hangs over us even after Merger what shares will be used to make future deals with stock involved? We shall see but people expecting bigger news then merger I doubt it. I am not surprised there is mess to clean up legally with Dean. People have said that since Jeff started. Good thing QASP and Jeff seemed to be proactive with authorities. It should prevent any action vs QASP with new CEO and how he has acted since took over. Be patient if a long. IMO traders will be leaving if no more runs this week. They don't wait long and this did not get past .0035 on best volume QASP has seen. IMO no more bigger news then merger coming and that news drove spike and volume. Now we sit and wait to see what happens with merger. Time and how impatient many who play pennies are will increase downward pressure next few weeks. Same as it has after each spike before.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y