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Porgie Tirebiter

06/23/14 10:37 AM

#327234 RE: tob999 #327229

QASP has never raised capital that way before, no reason to indicate they are doing so now.

Here's how QASP works. QASP issues shares to no one knows who at .00001 so the money benefitting QASP's treasury is negligible.

QASP eats the expense of whipping up some excitement in the market place and no one knows who are able to dump the shares onto the public at large. Who knows where all the money goes? It just disappears.

And QASP abides.
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Manti

06/23/14 10:43 AM

#327236 RE: tob999 #327229

I guess it would be far more likely for Q to do something illegal or dishonest like selling common shares for cash while stating NO DILUTION. <sarcasm intended>

Where's the form D?

I just hope the store owners didn't get duped into accepting worthless Q shares as a part of the deal. The shares would be restricted, and by the time they could sell them, there will most likely have been another RS and massive dilution to pay ongoing operating expenses.

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integral

06/23/14 11:26 AM

#327263 RE: tob999 #327229

They only have $4,000 worth of stock left to issue before they have to amend their articles with Colorado.

Cannot even get dinner at Daniel in NYC with decent wine, Osetra, Bubbles, Cheese, and Port with $4,000.

I guess she can buy a van and trimmers for $4,000