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punk153

03/03/10 8:39 AM

#88510 RE: Caddy Man #88503

Or you could think about it this way:

What aquistions does Dean have in line that would allow a bank to voluntarily give out a 350 million dollar loan?

I'm certain that they know and we will soon know just how fuitful these aquisitions are.
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c7bk

03/03/10 9:07 AM

#88516 RE: Caddy Man #88503

"Big companies like GM, Chrysler, JP Morgan, Bank of America can't get loans for 350 million from private investors, why will Dean be successful?"

No, they get free money from a government bailout after running their companies into the ground. Ask GM shareholders how they felt about their shares last year. Oh thats right, GM cancelled them and reissued new shares giving the government a large stake.

Quick lesson here on these types of bond issues. The group putting it together is a large group of financial investors. The insurance policies are bought from the older folks and put together as collateral for the bond. The funders for Quasar then take the money from the bond issue and "reinvest" it with the single goal of maximizing their return.

"Why would this so called mysterious Inver group from Ireland trust Dean with 350 million" Simple, these guys saw value in Dean's plans and agreed to back him with $350M, with the only intent to maximize their return. With this in mind, some of us believe they brought the Tigerfish and Mineseeker deals to the table to substantially increase their return on investment in Quasar.

So to some of us it makes perfect sense for private investors to put $350M into a company like Quasar. Investment groups put that kind of money into companies all the time if they see a strong possibility for a huge return on their investment.

"Just give us the truth" Thats what we are all waiting on. Question is, will you accept the truth when it comes.
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fink

03/03/10 9:19 AM

#88518 RE: Caddy Man #88503

I still find it hard to believe that some private European investor group has 350 million to lend to help finance a start-up aerospace company. Money like that is simply not available anymore


Ray you are thinking like a battered down individual. Google 'Bank owned instruments' BOIs or 'Company owned instruments'COIs.
Within the life insurance industry there are $ Billions to be had at no risk of loss from one of these start ups.
You probably need to stop watching the news so much. Sounds like your have been dumbed down by all the negative news being thrown down ous throats. Just remember bad news always sells better than the rosey good.


Maybe Inver has sunk $Millions into mindsweeper and Tigerfish over the years. In come Dean looking for cash and they see him as the savior with these and a few more companies they hold. Better to dump them on Dean and make a go of it. Dean probably looked like manna from the sky when he walked in their offices.


Just an example that is real and hits close at home. I'm a part time builder/ home speculator. In my neighborhood a guy lost $10MM building 17 homes he thought would naturaly sell upwards of a MM+. Not one sold and as housing crashed he losses them all.
Now I go in and look to purchase the two homes he build behind my home. Asking price is 1.3 per home. I offer 650K for each of the two. We get very serious with the bank and seeing I have the backing, the main bank tries to dump 4 others on me, below $450K per. What a major screw up on their part. Homes are still for sale.
I think that is what happened to Deans original deal. No one would be as bold as Dean has been to its stock holders. But all have to admit its a wild story so far.


Come on at less than 2 pennies a share its a great stock play.

Didn't I-Hub became into being to help day traders back in the day? Whats all this buy and hold, drink the Kool-aid sort of stuff I'm reading. This is a day traders site not some buy and hold 401K type on investment.
I thought this was for us guys who like to get in and out, make some bank and move on. TQASP is a killing field if you spit out the Kool-aid once in a while.


I'll be flipping some of my Image 3 toady if she gives me at least 8% and rolling the gains into ole QASP for a bottom bounce.
Ya gotta love flippers. I know I've been buyiong the last 5 days of trading. Crusify me!