U.S. Aerospace, Inc (USAE)

[southacresdave]

re: abh3vt. I've read those posts about not needing financing due to cash flow positive. However, the financial company they are "working with" appears to be the type that does private placements. I would like them to not dilute the company. When I talked to David Duquette once I commented how I rarely invested in OTC stocks because they "hand out shares like it's candy" to anyone who asks. He said he was aware of this and was trying to limit it. Unfortunately, I'm thinking that he's getting screwed by the debt holders. Every 10Q that is filed shows more shares handed out to them to keep them at bay.

On the other hand, good post on Raging Bull (by the guy that went and visited the plant a month ago or so). Discusses 1rst shipment of Quilite.

http://ragingbull.lycos.com/mboard/boards.cgi?board=NCNC&read=601