Brit - That was an excellent update from Kendrick. I had a lot of respect for him before, but even more respect for him now. A straight shooter and stands up for his reputation, and that of his friends/associates.
Looks like Joe & Dean screwed themselves again, although my gut tells me they had no intention of going through with the MS deal in the first place. They were just were trying to tie Kendrick's hand from making any agreements with NHSH. Joe, as acting CEO of QASP, is going to have a hard time explaining how he is upholding his fiduciary duty to the QASP shareholders once again. He voted down the NHSH merger and didn't act on a 4% of the common stock offer with Mineseeker. Not too good looking there CEO Joe. It will be interesting to see how he spins this explanation during his CC, if it ever happens.
Now Deans claim that much of the cash came from him personally is also pure BS, just like the Corporate Air Repair that he NR'd was solely owned by QASP, but come to find out QASP only owned 1/3 of it - He and Josh owned the rest. "Oh what a tangled web we weave, when first we practice to deceive" (Sir Walter Scott)
Makamai
