Green Energy Enterprises Inc. (GYOG)

[Investman432]

"Why would Centflix want worthless QASP shares?"

I see several reasons. First of all, there is a cost to go public - whether its broker fees, RM dilution, IPO discount, sponsor shares, etc. These "worthless" shares are part of the cost of going public.

Second, there is a cost of obtaining customers. MLM and other direct marketing companies calculate what it costs to obtain customers/users - whether that's spent on advertising, commissions or discounts. James is hoping QASP followers become part of the program.

Third, there's a big cost of gaining brand recognition in the stock market - particularly for penny stocks. Companies spend a lot of money on IR, paid research, paid advertorials, conferences, etc. to get the type of attention that QASP already has with its passionate following.

Fourth, QASP shares may not be worthless. The company may get cash out of Newby, Bradley, Canouse (tortious interference case), D&O insurance (if the company has such a policy), and Mineseeker and other recipients of Dean's largess, in excess of its liabilities and costs.

Fifth, even if all else fails, there is the Net Operating Loss carry-forward that has a small value (due to Section 382 limitations) that will be dribbled up if Newco gets over 80% ownership for tax consolidation, unless the NOL is completely lost due to business discontinuation.

Sixth, the shares may be a hot collector's item once the movie comes out, starring .....