Replies to post #167697 on Green Energy Enterprises Inc. (GYOG)

[Crystalballz]

I have to ask if anyone has actually heard of a CEO anouncing a planned raise in A/S before it happens, and then needed share buyers flocking in to buy before the raise?

Maybe Mark should be "embedded" in Newbys office too? The big "red flag" will be if Dean issues a PR that QASP wont have to return to the markets for capital (past PR for those who don't follow trails well)...

oh wait he kinda already did that with recently stateing no planned raise in A/S.... nevermind

Imo

[investbernie]

So July 1st comes, and we hear that "Newby hit some snags" and we are futher delayed. "QASP needs to provide more money in regards to fee's to get the transaction done".

Mr. Bradley clearly did his part because we know how much up front money he gave to Newby, and futhermore it's obvious that the money came by way of dilution.

(I agree with Jr, that Newby should be held accountable to a certain extent, but I did mention that there was a bit of finger pointing that occured in the NR.)

So here we sit waiting to see what happens next. We know that Mr. Bradley needed to find another $1.8M for Newby to make a second attempt at securing the $110M funding.

We haven't heard anything about the $1.8M, but we do know this, Mr. Bradley hasn't diluted to get it. There clearly wasn't enough room in regards to the OS/AS to do so.

(Possibly the millions Mr. Bradley spoke about in the last CC in regards to personal contributions, is where the answer may be this time around?)

As for the $350M funding, we know there isn't enough room in the AS to get it done now, and honestly would someone really want to take this kind of risk on company that is trading at half a freakin' cent?

(Who knows, but if Mr. Bradley's plan is solid, it would be one hell of an amazing payoff for someone to take on the risk.)

Personally, I believe he will pull it off so I will sit back and watch what happens. Very interesting situation, and it will be a very interesting conclusion, and you can bet on that!

Best Regards, Bernie

[Sharktnk]

Sure it was not cool that a poster here found the filing in advance of the the massive sell off, then Mr. Bradley scrambled to put out a PR later that day. There are just way too many unknowns about it to assume that it was done this way intentionally.

Made a mention of this before and I was off a bit in my recollection of the timing, I just remember everything happening in a very rapid fashion ... The SP plunging and recovering somewhat. At any rate, here is the play by play of that fateful day, as it pertains to time lines:

Posted by: jwkinche Date: Tuesday, February 09, 2010 2:51:37 PM
In reply to: None Post # of 167708

New SOS filing... not sure what to make of it. :|

insert-text-here

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46460908

Posted by: wellitsabouttime Date: Tuesday, February 09, 2010 2:57:02 PM
In reply to: None Post # of 167708

New Colorado SOS Posting - Amended and Restated Articles of Incorporation

AS going to 1.5 billion

WWW.SOS.STATE.CO.US

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46461253

Posted by: The Financier Date: Tuesday, February 09, 2010 3:31:27 PM
In reply to: None Post # of 167708

NEWS OUT!!!!!!!!!!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46463582

Posted by: jahnny Date: Tuesday, February 09, 2010 3:32:35 PM
In reply to: None Post # of 167708

Quasar Aerospace Industries, Inc. CEO Announces Increase in the Corporation's Authorized Shares

Market Wire "US Press Releases "

JACKSONVILLE, FL -- (MARKET WIRE) -- 02/09/10 --
Quasar Aerospace Industries, Inc.
(PINKSHEETS: QASP) -- Dean Bradley, the CEO of Quasar Aerospace Industries,
Inc. hereby informs the public that the Board of Directors of the
corporation has approved unanimously a resolution increasing the number of
Authorized Shares (A/S) of common stock from 750,000,000 to 1,500,000,000.
The officers have filed Amended and Restated Articles of Incorporation with
the Secretary of State for Colorado effecting this change.


The reason for this change is that the terms of the funding of the balance
of our $350,000,000 financing requires us to issue Class B non-voting
shares equal to forty percent of the total outstanding common stock to the
lender.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46463654

Roughly, 35 - 40 minutes from the point of discovery to the PR hiting the wires.