the other board/group i am part of does not feel so great about qasp- and this group is pretty honest when it comes to "penny stocks" cuz they are traders...here are some comments regarding todays pr
"LOL Since the assets of the targeted acquisitions are not easily liquidated,Newby & Associates, Inc. shall provide bankable investment grade rated assets. In the event of a default, these assets will be easily liquidated to repay the debt. In addition, Newby & Associates, Inc. shall have a UCC1 filing on $165,000,000.00 of QASP's targeted acquisition assets* * "Look for another 100 Million shares of Dilution QASP shall secure the initial $500K bridge loan with stock." * * * "All this PR was to soften the blow of some wild dilution about to hit the open market. Also another line from the PR that makes no sense, This funding is in addition to, or in lieu of, the previously committed $350 million Which is it? lol "
"The second line is referring to the assets being put up by Newby and Associates. That's pretty clear english, sorry to tell you. The last line is a head twister...although, "in lieu of" can also mean in light of recent events. However, I would not consider that the commonly accepted definition. Should be interesting to see what the hell is going on here. LOL "
_____________________________________________________ Personally I have no position in QASP and not looking at it..but the reason I am providing you this information is because I believe you should look at both sides of the coin
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