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Porgie Tirebiter

06/05/10 12:50 PM

#138837 RE: WillyburgD #138828

Only two words in that post matter: "secured debt".

Equity is subordinate to debt.

The warrants are worthless.

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Sharktnk

06/05/10 12:55 PM

#138840 RE: WillyburgD #138828

Exactly. A sweeping, all encompassing statement like "V.C. is by its very nature dilutive to common share value" caught my ear when the ratcheting of the rhetoric started over the last couple of days.

http://vcexperts.com/vce/library/encyclopedia/documents_view.asp?document_id=81



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Verity

06/06/10 11:04 PM

#139026 RE: WillyburgD #138828

My projection for QASP for the next 6 months:

IMO, with completion this month of funding, buy back of as many as 450 mil shs, closing of 1st 6 deals including MS, QASP must rapidly prepare an interim 6 month audited consolidated financial. Once this statement is filed (late July-early August) new eyes will easily and rapidly take us over $1, and keep it there. QASP will complete the eligibilty requirements for listing on the Amex before the end of Sept. Once listed there's no telling how high the pps can go by the end of the year.