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xZx

10/08/09 9:16 PM

#36448 RE: db_s99 #36447

i don't mind a CEO spending more $$ if it's for value. doing business is a fluid situation and things change from week to week. if i recall correctly, a recent PR mentioned something about a "new opportunity". let's say they needed cash to option an additional acquisition target -- or some other assets. that alone would be ample justification for issuance of more shares imo.

you may not like the way dean bradley operates when your stock is going lower, but i imagine when these deals get closed and we're rallying you'll think it was a good thing he reacted to new opportunities, or simply that he got the job done as promised. jmho.

http://finance.yahoo.com/news/Quasar-Aerospace-Industries-iw-2565480528.html?x=0&.v=1

On Tuesday of last week a critical meeting was held regarding our recently announced acquisitions. Quasar Aerospace Industries CEO, Dean Bradley, and Senior Vice President for Administration, Lisa Betros, were in Kansas with the executives for two of our acquisitions along with the legal teams for those companies. Also attending were attorneys for Quasar coming in from Seattle and Philadelphia. In this series of meetings we were able to complete the Definitive Acquisition Agreements, the employment contracts for key employees, and the incentive plans for the employees of the subsidiaries. Also discussed was a new opportunity that will potentially become part of Quasar Aerospace Industries.
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Rdavido

10/08/09 10:02 PM

#36462 RE: db_s99 #36447

So this is why this keeps tanking? Great. Guess I'm still bag holding.
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Han2004fl

10/08/09 10:36 PM

#36468 RE: db_s99 #36447

Yah, that is kinda making people feel a little uncomfortable. I guess he was doing it so the price won't drop as bad as to come out and say no buy back. In any case, I have been in and out here few times and everytime losing money because I didn't sell when it pops because I was thinking it would pop more.

But I don't have much position in here ... looking to get some more when dust is settled. I think that when the buyback is done, PPS will move up hugely.

As I have said before that it seems to be the case for all the companies that I followed (bigh boards and otc/pinks) that during the buyback, price drops. After it's done it pops. :)