Replies to post #67543 on DD Support Board and Research Team

[Realityhurts]

The cash run that a lot of companies made by putting out ambiguous mj related press releases back in February-March may come back to haunt them. Wonder how many will try to reverse that business direction?

[integral]

QASP:

Float: 1,925,333,920

That appears to be 1.925333920 billion shares issued by the issuer and resold into the public markets of illegal unregistered stock.

Ouch!!!

That is over $2 million in fraud.

Lets start here:

Company Notes
Formerly=Equus Resources, Inc. until 6-2009
Formerly=Forst Hunter International Trade Corp. until 7-04
Formerly=Hunter International Trade Corp. to 5-87

http://www.otcmarkets.com/stock/QASP/profile

QASP legal history:

http://www.sos.state.co.us/biz/BusinessEntityHistory.do?quitButtonDestination=BusinessEntityDetail&pi1=1&masterFileId=20041038153&srchTyp=NONREG&entityId2=1047&nameTyp=ENT

http://www.sos.state.co.us/biz/ViewImage.do?fileId=20041146755&masterFileId=20041038153

http://www.sos.state.co.us/biz/BusinessEntityHistory.do?quitButtonDestination=BusinessEntityDetail&pi1=1&masterFileId=19871310565&srchTyp=ENTITY&entityId2=19871310565&nameTyp=ENT

Oh the horror. What, a 1976 entity, non voluntarily dissolved merged to revive itself in 2004. What was it doing between 1976 to 1997? We know it was doing absolutely nothing from 1996 to 2007 as the merger document filed with the state clearly discloses it as the dissolved entity will not change as with respect to the merger.

And look who did this, Mark Taggatz. Bad Mark Taggatz.

So what did QASP do between 1997 and 2004? Sat in a Mark's desk?

Well, we have a Rule 144 and Evergreen Rule problem here to the tune of at least 1.825333920 billion shares.

[integral]

QASP:

I could not find Jimmie N. Carter listed in the USA as a CPA:

<<Go Back Database Search Results for Participating States
Select Last Name First Name Middle Name Jurisdiction License/Cert. Num. License/Cert. Status Enforcement, Non-Compliance or Disciplinary Actions
view
CARTER JIM JAY TX 022918 ISSUED None Reported To This Site By The Board
view
CARTER JIMMY LEON TX 007128 ADMIN REVOCATION Contact State Board For Details

So I am curious what counsel for QASP Ken Bart refers to in the following:

The Issuers unaudited financial statements were prepared by Jim Carter, a graduate of Florida State University with a BS in Finance. Mr. Carter also has an MBA from Temple University in Philadephia, PA. Mr. Carter has worked in corporate finance for over 30 years, and has provided accounting services to public companies, including financial preparation for all filings. Mr. Carter has never received an adverse finding from any of his audits, upon review by the SEC, Finra and multiple outside accounting firms. The unaudited financial statements were prepared in accordance with GAAP.

What is Jim Carter auditing?

http://www.otcmarkets.com/financialReportViewer?symbol=QASP&id=101038

[Getitgogone]

From that link on the SEC and FSPM >>>>

According to the SEC’s order, the trading suspension was issued “because of questions that have been raised about the accuracy of assertions by FusionPharm” concerning the company’s assets, revenues, financial statements, business transactions, and financial condition.

I suppose that sounds like a lot of pot stocks but one that immediately came to my mind is good ol FITX


http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541842876#.U3Zf8GdOW2-