My motive here, just like you Chief, is to discuss a stock in an open forum. In forums like this you will usually find many posters who are for the stock and you will find many against the stock.
That's just the nature of how it works. It is permisible however, to post anything you want as long as it is relevant to the stock being discussed and you say IMO.
Now here is something to consider. This is a section of the origional merger agreement.
(c) Except as enumerated on the attached Schedules, Quasar is not a party to any
material oral or written: (i) contract for the employment of any officer or employee; (ii) profit
sharing, bonus, deferred compensation, stock option, severance pay, pension, benefit or
retirement plan, agreement or arrangement covered by Title IV of the Employee Retirement
Income Security Act, as amended; (iii) agreement, contract or indenture relating to the
borrowing of money; (iv) guaranty of any obligation for the borrowing of money or otherwise,
excluding endorsements made for collection and other guaranties of obligations, which, in the
aggregate exceeds $1,000; (v) consulting or other contract with an unexpired term of more
than one year or providing for payments in excess of $10,000 in the aggregate; (vi) collective
bargaining agreement; and (vii) contract, agreement, or other commitment involving payments
by it for more than $10,000 in the aggregate.
Section 2.9 No Conflict With Other Instruments. The execution of this Agreement and
the consummation of the transactions contemplated by this Agreement will not result in the breach of any
term or provision of, or constitute an event of default under, any material indenture, mortgage, deed of
trust or other material contract, agreement or instrument to which Quasar is a party or to which any of its
properties or operations are subject.
Now, how do you explain this?
There were no employment contracts, but yet Stink Pink was able to convert aged debt from employment contracts. Where did they find those contracts that the merger agreement clearly states do not exist?
Quasar has been nothing but fraud since day one.
Of course this is my opinion.
