InvestorsHub Logo
icon url

spencyg

01/23/10 11:31 PM

#74961 RE: fink #74958

I agree. This "open house" isn't specifically hosted by Atlantic Aviation, but I believe the general sentiment is that all the players will be in attendance. Dean might not be there, but the folks from Atlantic sure will be, and I have a feeling they will know more about the details than anybody else on these boards. This date of the 30th for news is all hype, the thought behind it being that Dean and Co. won't want to have disgruntled public involved in an open house. If you have a good PR before the 30th open house, than no disgruntled public. Makes perfect sense, but isn't necessarily how reality will play out. I hope to hear news soon, but the 30th is just another Saturday to me...nothing other than that.

On another note, I tried to get some info out of Tigerfish regarding their involvement with QASP. The answer was silence. Nothing for. Nothing against. I'm not surprised or worried by this, but found it interesting nonetheless.

icon url

Drax Tracks

01/24/10 7:19 AM

#74964 RE: fink #74958

I think we are all a bit confused on the four aquisitions closing vs the two that have been PRed. I feel certain that the change in strategy will be clarified soon. Is there allot we don't know yet? OH Yeah! It should be interesting watching this.

I am ok waiting. There are so many aerospace companies for sale right now that it is really a buyers market.
icon url

Ichauway

01/24/10 7:42 AM

#74966 RE: fink #74958

What if Dean closed Numbers 5 & 6 before closing on the first four ?
icon url

bigtoe1963

01/24/10 8:23 AM

#74969 RE: fink #74958

well I have a take on that he is still waiting to name the 2 aquisitions til the 4 are wrapped up.All he did in my opinion is give us a lil treat by stating that 2 were closed.That being said the next pr could very well name the first 2 and the 2 remaining something to ponder about.Needless to say I'll be waiting have had several shots at 100+% gains not what I'm here for I'm looking for 10,000 or better aimho.....
icon url

Crystalballz

01/24/10 10:49 AM

#74976 RE: fink #74958

Can't really clear up for you (your last paragraph), but I can say that is why I have changed my positions in QASP to combo flipping & holding... the beauty of risk/reward:



"... It is critical to do the four acquisitions as a single transaction on a single day. Doing otherwise would lead to excessive transactional fees and duplication of expenses. With the obvious complications of closing four acquisitions at precisely the same time on the same day..." (Aug. 26th PR)

"...The funds from the transaction will be transferred to Quasar's account as lump sum, upon the execution of the final documents..." (Nov. 18th PR)

"...Please be advised that we are working diligently to close our first four acquisitions..." (Dec. 22nd PR)

1. How is it possible to have the final executed documents of 2 aquisitions without funding? We need 6 right now to get funded as-per funding is a "lump sum", so at best imo he has "conditional contracts" from the two PR'd company aqui's, not "unconditional/closed/finaled/done deal contracts", the two aqui's are still waiting for their $$.

2. Something has changed OR Dean is going around collecting Conditional Contracts from the 6 Aqui's, but they are not closed as in stated in most recent PR... still need the money to do that part. IMO he will submit however many Conditional Contracts to the funder at same time.

3. The part in the most recent PR about them needing to give the 2 aqui's customers/vendors a fair chance to... I mean an advanced "notice of change in control" memo was b.s. to try and buy time for whatever reason. Why they release these types of PR's baffles me, all they had to do was release the Tiger facts to appease the mass.. not create a "time-buying" story.