As always, I will continue with my contrarian ways. I am due to speak with Jeff this week, in an attempt to get some of my questions answered.
However, in the meantime, I think this situation is more complicated and dire than I once thought. I beleive that if Jeff did not step in and stop the looting, dean et. al would have gotten away with theft. And by the filings, looks like they were out shopping for new luggage to pack away new money (A/S 5 billion) followed by a r/s.
Here's the issue, IMO. How long can we expect Jeff to shoulder the burden of fighting this crime. I mean from a fiscal perspective.
IMO, the merger is a ways off, for a variety of reasons. But bills still need to paid, lawyers need to be paid, etc. This could be a long drawn out battle.
Now, I have little skin in the game, actually none as I am riding freebies. But IMO, I think Jeff should raise the A/S and dilute to raise some capital. Heresy, I understand, but it would ensure Jeff's continued involvement.
Otherwise, time to pass the hat, which may not be a bad idea.
I am sure I will get numerous comments on this post, but think it is the right thing to do. Just to be clear, I firmly believe QASP was a scam from the beginning, the whole QASP concept/model was ridiculous, the flight school and CAR are worthless, and IMO, mineseeker is a pos/money pit.
But to let deano and crew get away with millions, would be a real crime.
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