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Re: QServus post# 71303

Friday, 01/27/2012 11:52:59 AM

Friday, January 27, 2012 11:52:59 AM

Post# of 79474
LOL, A++++....come on man. It's clear as day what is going on here. Ike is converting notes into unrestricted common shares. He even admitted that was what they are doing. He knows he's going to need more than 4.8 billion so he's increasing the A/S to over 9 Billion. He'll keep converting until he has no other choice than a R/S IMO.

Of course Ike has goals for 2012. But reality should set in for everyone here. They had $2680 in total revenues and a net loss of $4.7 million last year through Sept. 30th.

No company can sustain this which is why the pps is .0002. I agree, at least they have some product but reality is, they will need to R/S to continue their business plan. So they have several offices and a team of employees but no revenues???? Now that doesn't make much sense to me. He says they'll be profitable by mid year? Could be but for the shareholder, they'll get their shares split before then IMO.
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