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mr_sano

09/20/17 12:29 PM

#41795 RE: valueyoda #41790

"
The company will face another liquidity crisis later this year, and the share count will keep ballooning until investors lose confidence. "

From Qsep last 10q:

"At June 30, 2017, the Company had cash on hand in the amount of $880,000. Management estimates that the current funds on hand will be sufficient to continue operations through September 2017"

Looks like it already "later this year"!

Inspiration1

09/20/17 12:36 PM

#41796 RE: valueyoda #41790

Of course you're right in your assessment. This has been an obvious route to insider enrichment but investors can only believe what they want to believe, no amount of highlighting the indisputable facts can convince anyone who's not ready to see the other side of the coin. I gave up on this investment a long time ago however I still hold some shares which will be sold off when I can make them tradeable. That requires a bit of effort and until that is complete, I will periodically visit this site as a point of entertainment.