Green Energy Enterprises Inc. (GYOG)

[packerfan9]

SDMike the court case going on now over management control of QASP has no bearing on share exchange plan. The merger deal as proposed before is dead. QASP is not merging. Centacom is now merging with a different corp shell not QASP. Then after that merger we are to be offered a share exchange deal to that newco. End result we can all stay with QASP or exchange a portion or all of our QASP shares for newco shares. That is based on plan I heard on last cc and will be up to each of us. Basically newco is offering to buy our QASP shares in an all stock swap deal for terms to still be announced.

I will be taking the exchange offer. QASP IMO is dead company for current shareholders. After share exchange Owens/newco should be a major shareholder. If they decide to spend money on lawsuits versus Dean etc to recover any monies that is up to Owens.

IMO best case they spend year or more fighting in court with Dean and any others like Newby. If they win a judgment or settlement then have to collect the money. That IMO would be another long term issue to find the money and collect it. That assumes Dean did not blow the 10 million he took selling QASP a worthless company.

As a company QASP is broke. For them to get any funding to even have a future that IMO will take more big dilution. With where stock is now selling billions would have price end up .0001 to make that happen. Then big r/s. So QASP might survive but current shareholders get wiped out.

Share exchange I feel lucky to even have that chance. If not for that it clear we have no future with QASP.