News Focus
News Focus
icon url

LCLiving

10/28/09 8:13 PM

#42291 RE: joelotto #42290

joe,

I hate to break it to you but the shares are not going to insiders, they are going into the treasury. They will be used later for an employee incentive program.

The company does not have to release names of the acquisitions till they are closed, which then makes them a material event. You don't have to like what they are doing, but you not liking it is not the basis of fraud, LOL.

As for the bridge loan part, they do not need to disclose that to the public whether you like that or not. And to say Dean is buying on insider info just shows how little you know about public companies. He has done everything legally required to buy those shares. Again, just because you don't like it or fail to understand the law, it means nothing here.
icon url

The Financier

10/28/09 8:15 PM

#42293 RE: joelotto #42290

LMAO....good luck



maybe if you can get another 100 shareholders to write the SEC they might take a complaint seriously.




thanks for posting that it was quite entertaining to read.
icon url

skydivers01

10/28/09 8:27 PM

#42298 RE: joelotto #42290

You do provide good humor. If you look at the end of every PR released, they have the stock disclaimer. I think you should read that over. Now swing trading the stock will get him into trouble or lying about any acquisitions etc. But that is usually hard to prove and the SEC wont care. Just look at how long it took with the SEC to do anything about spongetech, they were illegally selling 144 restricted shares etc for many many months with people crying foul...

Difference is in the actions of the company. Sponge hid behind a gagged TA and would issue false releases about mistakes on AS increases etc. Qasp isnt hiding the dilution, if you dont like it then dont invest or short the stock, but I think you have some other ulterior motive dont you... As i have said before there is no Modern Day Robin Hood.


JMO
icon url

corner

10/28/09 9:51 PM

#42348 RE: joelotto #42290

mr joelotto if you are not interested in this stock why are trying to discredit it as well his ceo and management this action is so vicious and wondering.... if there is a desire behind this action to feed insinuation to dicourage faithful investors «« A SUSPiSCIOUS PERSONAL INTEREST «« ??? it s not at your honour

and in the case you are shareholder plse note that you are not helping our interest neither yours but leading to seed turmoil and to get only negative results


thanking you for your understanding and cooperation
icon url

phrantic

10/28/09 10:02 PM

#42351 RE: joelotto #42290

Well, then you're part of the problem. Making baseless claims to the SEC does nothing but make it much more difficult for others to file legitimate claims when the situation merits.
icon url

Cube

10/29/09 7:49 AM

#42389 RE: joelotto #42290

This is an example of why the SEC just can't get anything done. Useless banter stuffed in there inbox. Sorry Joe it just is.