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iKauai

07/20/10 5:14 PM

#165720 RE: B*A*N*K*E*R #165702

BANKER: Actually, didn't Dean say no plans for increase 'right now'? He also let in room to allow for it if new funding required it...BUT didn't he already do that earlier this year??? And so far (and many months later) no funding at all from that deal either it appears.

So that leads me to question, how many times will he increase the A/S in the name of funding but fail to follow though for shareholders on that pledge?

I also find it curious he didn't say one word about the 350 mil OR the Newby financing today... If anything, this CC has been less informative than the rest IMO.

BTW, how is the "imminent" of today's CC different from the many times we heard the same word last year? I only ask because I have found that term being used around here to be very misleading...

Just keeping it real AND honest here.

TIA :-)
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fgrimes

07/20/10 5:29 PM

#165742 RE: B*A*N*K*E*R #165702

B*A*N*K*E*R what is your feeling about Dean's statement that: if someone wanted to give us 100's of millions of dollars but we would have to raise the A/S, what do you think i should do?

that was my only concern about the call. i dont think he would say that if he was confident in the $350mil or the $125mil, it sounded like he was still searching for a funding source.

note: yes, this is a serious question and not trying to 'spin' anything :-) just trying to wrap my head around the call thats all.
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locksmith123

07/20/10 6:27 PM

#165775 RE: B*A*N*K*E*R #165702

If the CC was so good....and QASP is in great shape....how do you explain the sp ?? just curious how longs can say they are happy with an an investment that shows major % losses ??....must be a lot of happy investors in QASP in that case....jmho
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popeyemag

07/20/10 10:02 PM

#165857 RE: B*A*N*K*E*R #165702

You are one of the few longs left. Sounded just like the CC he had a year ago. Either you are in denial or you are an insider of QASP. Just my opinion. Time to load up, how many times are you going to say that too.