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XV19

05/01/06 8:06 PM

#249956 RE: ethereal wolf #249955

hard to imagine ANYONE buying in once they do their DD and look at the history..but..ya never know. I suppose with a Dish/Direct contract, the NEXT round of suckers might sign up.
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marketbear

05/01/06 8:06 PM

#249957 RE: ethereal wolf #249955

I think you are right.........and if no one can sell shares NOW, that makes them worthless by default, so how can a reverse split hurt all that much?
Bear
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skunksyard

05/01/06 8:14 PM

#249961 RE: ethereal wolf #249955

agree. Folks here were cheering Jack Jett on and so do I. But folks have to realize in order for QTN to pay JJ and others they have to get funding and no one is going to touch this company with these many shares, all these expenses and some insignificant rev figure.....therefore, 1/10k to hopefully 'repair' this company

I think the real question to the folks who blame Fan for this level of r/s needs to be: what would you do differently?
I congratulate Lloyd Fan for recognizing the debt owed, willing to assume it and attempt to pay it. Most companies tell you see you later and declare bankruptcy...then start again knowing you aren't at fault (Fan)....