QSGI, Inc.(fka QSGI)

[Logik]

JUDGE APPROVED ALL OF QSGIQ'S PROPOSED PLAN!!! Judge approved the POR! The date to pay off all debtors will be on the effective date of KruseCom merger. All fee applications were approved. Mr Michael A. Kaufman will be paid in shares in the amount of 3,542,000 shares! The latest he can receive them is 365 days and can not sell for a full year from the date of receiving his shares! I got the privilege of meeting Marc Sherman, Hank Laws, and Michael A. Kaufman! I asked Hank Laws when we could expect a PR and all he could tell me was, "We will be sending out a PR along with an 8k as soon as possible in compliance with the SEC." They did a great job in the hearing! I am typing this from my phone and will be at my computer within the half hour!