Wednesday, February 22, 2012 9:36:04 PM
Last edit:
1. Please provide a clarification on the Preferred Shares - All classes but primarily the series "A". Shareholders would like to know who holds what, what the true conversion factor is and how this affects current common shareholders. Additionally, can you explain how the AOI can be changed and which version of the restated articles are "current" as far as the courts understanding.
2. R\S - Please explain in detail how the necessity of the split was factored into the proposed\mandated 'shareholder vote'.
3. Why wasn't the A\S reduced as part of the split?
4. Will the common shareholders vote have any relevance dependant on the answers above?
5. What is the status of A-Cent Aviation? Has this acquisition been officially closed? When will we see their financials?
6. Considering the subsequent loss to common shareholders in light of the recent R\S, what possible outlook can be provided to mitigate and\or make us once again 'whole'?
7. We have often heard that we are missing 'the big picture', can you gives us at least a little picture of what this might entail?
8. Can you expect that any of the current common shareholders will ever see the QASP share price in the $1.00 to $10.00 range, where most of us are now averaged at?
9. Any updates to the court proceedings that you are able to share.
10. Please provide DETAILS of the recent debt conversions, and any outstanding convertible debt.
11. What is the status on any attempts to retrieve money from Dean, Newby, Clayton etc. Also, how much was wasted on Tigerfish and is there any money left there to go after?
12. There has been a lot of numbers thrown around in this regard which are difficult to ascertain. Can you provide some color on what kind of dollars are involved and how (or if) they might be retained including the likelihood that this would translate into shareholder value.
13. Certainly it's lost on no one that these are questions primarily from the sheeple gallery of ihub and the oft mentioned "QASP is toast" reference while dated and a bit overused, one would have to assume that you have had a change of opinion. Can you speak to this?
14. Anything that you are able to divulge regarding the current court proceedings.
15. From the last PR: "... has settled partial contributions and services with the company in exchange for shares in the Corporation. Furthermore, those shares were subsequently assigned to a non-profit corporation which Mr. Canouse created to primarily fund Veterans and active duty military members seeking careers and training in aviation. Details of the non-profit corporation will be released later."
Can you provide more details on what contributions\services were exchanged and what type of shares, their number etc.
1. Please provide a clarification on the Preferred Shares - All classes but primarily the series "A". Shareholders would like to know who holds what, what the true conversion factor is and how this affects current common shareholders. Additionally, can you explain how the AOI can be changed and which version of the restated articles are "current" as far as the courts understanding.
2. R\S - Please explain in detail how the necessity of the split was factored into the proposed\mandated 'shareholder vote'.
3. Why wasn't the A\S reduced as part of the split?
4. Will the common shareholders vote have any relevance dependant on the answers above?
5. What is the status of A-Cent Aviation? Has this acquisition been officially closed? When will we see their financials?
6. Considering the subsequent loss to common shareholders in light of the recent R\S, what possible outlook can be provided to mitigate and\or make us once again 'whole'?
7. We have often heard that we are missing 'the big picture', can you gives us at least a little picture of what this might entail?
8. Can you expect that any of the current common shareholders will ever see the QASP share price in the $1.00 to $10.00 range, where most of us are now averaged at?
9. Any updates to the court proceedings that you are able to share.
10. Please provide DETAILS of the recent debt conversions, and any outstanding convertible debt.
11. What is the status on any attempts to retrieve money from Dean, Newby, Clayton etc. Also, how much was wasted on Tigerfish and is there any money left there to go after?
12. There has been a lot of numbers thrown around in this regard which are difficult to ascertain. Can you provide some color on what kind of dollars are involved and how (or if) they might be retained including the likelihood that this would translate into shareholder value.
13. Certainly it's lost on no one that these are questions primarily from the sheeple gallery of ihub and the oft mentioned "QASP is toast" reference while dated and a bit overused, one would have to assume that you have had a change of opinion. Can you speak to this?
14. Anything that you are able to divulge regarding the current court proceedings.
15. From the last PR: "... has settled partial contributions and services with the company in exchange for shares in the Corporation. Furthermore, those shares were subsequently assigned to a non-profit corporation which Mr. Canouse created to primarily fund Veterans and active duty military members seeking careers and training in aviation. Details of the non-profit corporation will be released later."
Can you provide more details on what contributions\services were exchanged and what type of shares, their number etc.
