Replies to post #149421 on Green Energy Enterprises Inc. (GYOG)

[doughboy2]

Get those cheapies!

http://www.marketwire.com/press-release/Quasar-Aerospace-Update-on-Funding-1281331.htm

[Leto]

weeeeeeeeeee nice news

[legoses]

So I would guess now that all the paperwork for all the acquis is done and within 72 hours the funds will be available to transfer and complete the deals. THIS IS GONNA HAPPEN FOLKS.. MAKE NO MISTAKE

[homey_g]

Ummmmmmmm...More waiting? UGH!

[artmaniac]

yiiiii hawwww! GO QASP!

[samplescave]

That's the Big QASP News? That's It? No confirmation again? No validation? No Links? No Nothing?

Just another "Believe What We Say" PR?

Look at everyone scampering to soak up the Cheapies!(NOT!)

The Market isn't this ignorant.

No one believes the PR, sorry.

Next?

[WillyburgD]

HA. "the final two conditions required by the issuer" - probably something quite simple like a draw-down notice and an officer's certificate to the effect that no material adverse change has occurred with respect to the assets underlying the loan. Just a guess, but it seems to me that QASP is bascially PR'ing the money but in way that the market won't quite consider "final" so that they can buy some w/out being in violation of their disclosure obligations.

Congrats everyone.

[bstan9]

What are the final two conditions? Any speculation?

[Infinitygold]

Look:
We are making a progress here:

6/24:
Dean Bradley, announces that Newby and Associates has received confirmation of funds issued against the $125mm standby letter of credit from the funding bank. The funds for the $110mm loan being made to Quasar Aerospace Industries, Inc.

6/14:

The CEO of Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP), Dean Bradley, announces Newby & Associates, Inc. has received confirmation from the Trust company confirming their bank's outgoing swift of a $125mm standby letter of credit to the Trust Company's Bank.

GO QASP GO!!!

[iwondertoo]

JACKSONVILLE, FL -- (MARKET
WIRE) -- 06/24/10 -- The CEO of Quasar Aerospace Industries, Inc. (QASP:$0.0135,$-0.0005,-3.57%) , Dean Bradley, announces that Newby and Associates has received confirmation of funds issued against the $125mm standby letter of credit from the funding
bank. The funds for the $110mm loan being made to Quasar Aerospace Industries, Inc.

(QASP:$0.0135,$-0.0005,-3.57%) will be made available immediately upon Newby and Associates fulfilling the final two conditions required by the issuer of the standby letter of credit (SBLC). Newby and Associates anticipates that these conditions will be met within the next 72 hours.



Curious as to why they split the sentence about the funds into two paragraphs? No biggy, just weird....I thought they were supposed to have fixed things like that with their new PR people. :<)

I hope that the 72 hrs. started Monday and the contracts are now being inked and another PR written, with no chance of ambiguity and ammo for the bears.

[ANTA1]

Oh wow...

I'm out, GLTA.

[humpback]

Isn't this the same news as before, just reworded? The last PR from ten days ago said 72 hours?