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LEEP

06/26/10 12:59 PM

#151448 RE: Verity #151443

Check (and) Mate!

Enough said. Nice post.

Thanks Verity

P.S. Shhhh. I think it's really going to happen!
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xZx

06/26/10 1:01 PM

#151451 RE: Verity #151443

thanks for some outstanding DD...

my favorite part:

Keep in mind that the net equity valuation post financing/acquisition is more than double the loan amount.



this is also an eye-opener:

My structure is solely relying on my ability to dilute the net equity at a much higher stock valuation versus selling the newly acquired assets in a fire sale, even with my first position lien.
I have more than enough leverage capability to exercise the warrants and exit the loan position.


i'm betting newby wants to make a ton of $$$ on his warrants (all of them north of .20, according to dean in a CC), and if he's thinking he'll have enough dollar volume at these higher levels (perhaps .40 or more?) then imo the london funding is probably still very much on the table. either that, or a lot more cash via newby's own sources can be tapped.

of course, the upshot of this is newby's loan becomes not only lucrative for him, but also entirely free $$ for QASP, as long as the warrants can be exercised. seems to me they are planning on a very fun ride. jmho.
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Leto

06/26/10 1:02 PM

#151454 RE: Verity #151443

I'm stunned.
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stocktrotter

06/26/10 1:06 PM

#151456 RE: Verity #151443

Wow! This is great info, thank you for your DD and sharing it. GL2U
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WillyburgD

06/26/10 1:06 PM

#151457 RE: Verity #151443

That about sums it up! Thanks very much for sharing with both the appreciative and the soon to be forgotten...
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Jakman

06/26/10 1:07 PM

#151459 RE: Verity #151443

Great post...Thanks V....Like a kid at Christmas...can't sleep in anticipation...GO QASP longs...good luck to us all...
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Crystalballz

06/26/10 1:11 PM

#151461 RE: Verity #151443

So this guy Shannon is sitting around breaking down ihub posts? Shouldn't he be finishing up details with the clock-ticking down on him...

At the very least what two details could be such a secret not put in the last PR?

What, they needed a notary? Maybe a certificate of good standing form some corporation commission? They should have shared in PR what two details are needed, can't be THAT big of a risk, the loan is done right?






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Aerospacecadet

06/26/10 1:16 PM

#151465 RE: Verity #151443

Had to send Shannon an email thanking him for that post. Thanks to you too, Verity. Amazing to learn how human everybody is behind the screen. Despite whatever FUD the bears will spin off this, people really do get bugged by the slander, enough to respond with words of their own. BRAVO Shannon!
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MarketGeometry

06/26/10 1:22 PM

#151470 RE: Verity #151443

Thanks .personmarked for great DD. I have standing bid for another big chunk of shares Monday ..LOL
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vd8828

06/26/10 1:36 PM

#151483 RE: Verity #151443

Great Post. Thanks. Go QASP! Strong Buy & Hold tight now; see you at .25 very soon,IMHO.
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Investman432

06/26/10 1:36 PM

#151484 RE: Verity #151443

Bootstrapped leveraged finance repaid from future success - just requires the company to purchase assets worth a lot much more than they cost, so they can be liquidated to pay off the loan. I wonder what idiot is putting up the "collateral" to back the initial loan until Qasp completes the acquisitions.

Oh, QASP is just buying 51% of the stock of the heli-parts company, so the only asset it has is common shares -- not the inventory. Ditto for Mineseeker - just shares of an illiquid private company with next to no assets/revenue. Oh, and operating losses.

What collateral is created with the cash spent to buyback shares or fees to brokers, lawyers, accountants, PR firms, bonuses to management, etc.

What collateral is created from the R&D money spent for the new engine or pontoon plane development.

Also, how about the interest on the highly highly leveraged loan. This is a pay-day loan for QASP, so someone should be getting junkbond yields -- whether the bank that thinks it has a SLOC or the trust-me company that thinks it has AAA collateral or the person who provided the collateral.

Newby has now proven this will fail.
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spongeni

06/26/10 1:54 PM

#151508 RE: Verity #151443

Wow good stuff!!! thanks for posting. member mark and GO SHANNON!!
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LCLiving

06/26/10 2:01 PM

#151515 RE: Verity #151443

Looks like some will be caught with their pants down Monday, what a shame, LOL. Thanks for sharing!
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Investman432

06/26/10 2:02 PM

#151518 RE: Verity #151443

You never know if one of those "soon to be out work bankers" referred to in Newby's email could ever think to call FINRA's attention to a securities transaction that might be being handled by an unlicensed broker dealer. I doubt it will happen, but you never know.

I am pretty sure from Series 7 and Series 63, that the law says anyone or firm accepting success based compensation (like warrants) from a company issuing securities needs to be licensed. I assume Newby has all the licenses it needs to conduct its business, otherwise it would be exposing QASP to legal issues.

Truer words may not have been spoken "Remember the name NEWBY & ASSOCIATES, INC. I have a feeling the WORLD is going to take notice after QASP." If this succeeds, Newby will be a finance god in my mind, otherwise he's just another chump.
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SJOGRINGO

06/26/10 2:11 PM

#151528 RE: Verity #151443

Has anyone comfirmed this EMail address is actually
OUR beloved Shannon Newby and not a figment of someone's immagination conceived on a GMail sign UP screen?

My Yahoo account has a real name BUT it's NOT my real name...
Curious...

SJOGRINGO

From Shannon Newby to Anvil, etal: WITH LOVE

----- Forwarded Message ----
From: Shannon Newby <sknewby@gmail.com>








....
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artmaniac

06/26/10 2:13 PM

#151534 RE: Verity #151443

if verified....this is the strongest news I have ever heard for QASP!
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skydivers01

06/26/10 2:28 PM

#151547 RE: Verity #151443

Nice post.

It never ceases to amaze me the folks that scream the deal is NOT real and continue to keep posting.. LOL..


I have said over and over. The Deal is Real and will be Done. Nevertheless, that was kind of you for sharing that to everyone.


Cheers
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ByMorStock

06/26/10 3:00 PM

#151557 RE: Verity #151443

EXCELLENT DD

Thank you very much for sharing ....
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samplescave

06/26/10 4:34 PM

#151612 RE: Verity #151443

So, the "Loans" are supposed to be backed by Possible Future Revenues.

In the event the Company can not generate Revenues to cover the Loan, the Company must sell Shares to cover the Loan.

Right?

Let me ask you this.

If the Company can not generate revenues on any of the acquisitions and is FORCED to return to the capital Market to sell shares to Cover the Outstanding Debt, WHO WOULD BE STUPID ENOUGH TO BUY THESE SHARES WHICH THE COMPANY WOULD BE FORCED TO SELL TO COVER THE DEBT?

People would be Dumping like Crazy at that point!!!

This is the Big Master Plan???

LOL!

With the O/S now Fully Maxed Out, Watch for the A/S Increase over the next week or two!

Shannon K.Newby basically just announced this as a Very Real Possibility~
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John 19-35

06/26/10 5:56 PM

#151646 RE: Verity #151443

Thank you for the post. It is my belief that the loan is done, MS is done, shorts are done, and flippers are done. GO QASP GO!!!!
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GEO928

06/26/10 6:03 PM

#151649 RE: Verity #151443

verity....here's the problem I see:

These assets are well in excess of $165mm and more importantly Newby & Associates, Inc. warrant execution price is substantially lower than the post financing/acquisition valuation yet much higher then current market valuation.



he later writes:

This structure only works for companies who can acquire enough net equity in their acquisition targets to cover the dilution caused by the warrants being executed in the future to repay the loan in the event of a loan repayment deficiency by the borrower. If QASP's net equity post financing/acquisition was less than double the loan's principal and interest coverage, I would not be able to fund.

My structure is solely relying on my ability to dilute the net equity at a much higher stock valuation versus selling the newly acquired assets in a fire sale, even with my first position lien.
I have more than enough leverage capability to exercise the warrants and exit the loan position.



make the assumption the "well in excess of $165mm" is double that....over $300mm

1) there are over 1billion common shares out....even with a 30% buyback

2) that billion O/s doesn't account for Dean & companies controlling shares.....or, will someone tell me Dean doesn't control the company?

so now there is over 2 billion shares....at least

3)ok, want to blow smoke at me and say the billion common shares are the only shares.....let's go back to: "how big is the company?" Remember we're only starting with $165mm.....

my point is: that's a lot of distance to cover to make those shares worth more than the warrant conversion price.....and, the huge dilution will work against the PPS....

PERSONALLY.....IMO.....that's a bogus email or Newby is "out to lunch" on this one.









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r2g2

06/26/10 6:09 PM

#151653 RE: Verity #151443

This should be posted as a aticky at the top of the list. I bow to you, sir, for sharing this important information. I think this confirms what I suspected to be true and is stated as definitively as possible. QASP is going to be a dynamo on Monday and all next week, in fact all summer, IMVHO. We are witness to history in the making and it is nice to be here at this stage. Thanks again for your DD and for sharing it today.
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amc

06/26/10 6:15 PM

#151657 RE: Verity #151443

Interesting...I must admit that I like the following quote in the email. Sounds like a nice "large" positive on the books to me.:)

"Keep in mind that the net equity valuation post financing/acquisition is more than double the loan amount."

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impact58

06/26/10 6:44 PM

#151661 RE: Verity #151443

Thanks Verity , I just got home from work and read the response from Shannon, well done.
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KJAX

06/26/10 6:51 PM

#151663 RE: Verity #151443

Thanks, that should shut up certain people, but it won't. I wish I had unlimited ignores... Can't wait for the shareholders meeting for actual shareholders in August
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WillyburgD

06/26/10 7:14 PM

#151668 RE: Verity #151443

Most replies ever on qasp?
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Bullstocks

06/26/10 8:10 PM

#151684 RE: Verity #151443

I had my reservations about the Newby deal, but everything we are hearing seems to make it sound VERY legitimate.

I think perhaps his explanation might also throw some light on the reason the deal with the other company might have not gone through. The assets to be gained through the acquisitions just might not have supported the deal. Live and learn.
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Philter1972

06/26/10 8:24 PM

#151688 RE: Verity #151443

PM Awsome DD!!!

Thanks for posting!

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Pro Trader

06/26/10 9:29 PM

#151708 RE: Verity #151443

Interesting post, next week is a deciding factor for most investors in QASP.
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stockinvestor01

06/27/10 1:44 PM

#151964 RE: Verity #151443

WOW! This is extraordinary. Monday am will be very interesting indeed. GLTA.
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Infinitygold

06/27/10 4:37 PM

#152075 RE: Verity #151443

From Shannon Newby to Anvil, etal: WITH LOVE

Verity, Can you post Newby's response to your buddy Anvil it seemed to piss him off and he doesn't have an ihub account. I showed him the link below.
This came directly from Shannon: Ty

----- Forwarded Message ----
From: Shannon Newby <sknewby@gmail.com>
To: bxxxxxxx@yahoo.com
Sent: Sat, June 26, 2010 11:35:10 AM
Subject: Fwd: this is what is killing the stock fyi!
"ATTENTION:
To all so called conventional bankers especially (IHUB =Anvil), you are welcome to study my financing structure for the QASP deal for free.

The first investment grade private bank that is securing the AAA Trust company is totally secured by the net equity valuation of the assets being purchased by QASP. These assets are well in excess of $165mm and more importantly Newby & Associates, Inc. warrant execution price is substantially lower than the post financing/acquisition valuation yet much higher then current market valuation. The worst-case scenario for QASP's inability to raise enough capital in a secondary offering by maturity of the loan, will result in heavy dilution from the exercised warrants. Which by the way is enough to cover 100% of principal and interest on the loan.

Unlike most conventional lenders, I believe in the GREATER RISK versus REWARD ratio. Most Fortune 500 companies would never agree to such a substantial dilution to raise capital unless they have no other alternative. But, since this is not a Fortune 500 company, I will assume this structure is acceptable.

Keep in mind that the net equity valuation post financing/acquisition is more than double the loan amount.

Now if we take into account next years EPS for this newly consolidated business, I am betting that QASP stock can be sold at a multiple of those earnings which is a significant premium to today's share price.

This structure only works for companies who can acquire enough net equity in their acquisition targets to cover the dilution caused by the warrants being executed in the future to repay the loan in the event of a loan repayment deficiency by the borrower. If QASP's net equity post financing/acquisition was less than double the loan's principal and interest coverage, I would not be able to fund.

My structure is solely relying on my ability to dilute the net equity at a much higher stock valuation versus selling the newly acquired assets in a fire sale, even with my first position lien.
I have more than enough leverage capability to exercise the warrants and exit the loan position.

As far as the $10mm line, I decided to close both loans simultaneously due to the time is of essence put on the company.

This has been most interesting and I look forward to further educating the conventional and soon to be out work bankers.

Remember the name NEWBY & ASSOCIATES, INC. I have a feeling the WORLD is going to take notice after QASP.
Best Regards,
Shannon Newby
President
Newby & Associates, Inc.”

From: Verity [mail to: SundayGolf@comcast.net]
Sent: Thursday, June 24, 2010 2:10 PM
To: Bert Watson Jr
Subject: what do you think of this one ?????????
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51668898
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stockinvestor01

06/27/10 6:02 PM

#152126 RE: Verity #151443

It's interesting that Newby emailed that this weekend. Looks like this is a done deal. Do you think we'll see a pre-market PR tomorrow?
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gattes12

06/28/10 8:48 AM

#152346 RE: Verity #151443

Excellent post.

Should be forwarded right to the SEC.
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beach_trades

06/29/10 12:25 PM

#153753 RE: Verity #151443

Verity, What are your thoughts now?

One day and a half left

Why all the MS News yet nothing from quasar

Is at all about Acquisition 1?

IMO Dean leaving us to hang if waits to wed after bell
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beach_trades

07/01/10 1:21 PM

#156917 RE: Verity #151443

Verity Any Comments?

Best to ALL in QASP
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beach_trades

07/01/10 3:22 PM

#157151 RE: Verity #151443

What a PUMP This Post WAS Verity

Going to ask Newby if this was him

Tsk Tsk


Hope it was b/c this would be fraud if not and seems like you knew when to zell IMO
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EJ656

07/01/10 5:30 PM

#157346 RE: Verity #151443

i thought they determined that the email was a fake.
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RockSexton

08/11/10 6:01 PM

#176090 RE: Verity #151443

Anyone remember this classic response?

Remember the name NEWBY & ASSOCIATES, INC. I have a feeling the WORLD is going to take notice after QASP.

This has been most interesting and I look forward to further educating the conventional and soon to be out work bankers.



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51737127

This board is pure entertainment. I want to thank the longs who've remained in denial for the ball of laughs they've given me over the last few months. This Newby thing is out of this world. Dean really did some amazing DD on this "supposed" financier. Is this Newby entity even real to begin with? The guy was using a Gmail account for business for Christ sake. I mean what legitimate financier would just take the cash and blow it on "personal expenses"? That only happens in the pinky world where investors are being teased with another potential funding ....LOL ......

As for anyone who finally got out. Don't look back. You learned a darned good lesson. Take your money and move on to greener pastures because this one is R-E-D. As for the others, some people are just gluttons for being lied to and punished.