Replies to post #170422 on Green Energy Enterprises Inc. (GYOG)

[DBanker]

You do realize when you purchase another company and it is structured as an asset purchase (which is how almost all non-public business acquisitions are structured) you have to create a new entity to purchase the subject company. In theory, they would set up a new entity for each acquisition, that new entity would acquire the assets of the target company then QASP would acquire the stock of the new entity. This assumes all the target companies are private entities, which I believe they are.

[Axe2-3-8]

You can spin it any way you want it but even if they are the same companies you speak of they were not part of QASP. If these are the companies that have been aquired by QASP then they now benefit QASP shareholders whereas before they did not. It may be that was Dean's intention when he set those ventures up in the first place. I can tell you that when I emailed IR and asked if the 4 new companies were previously owned by Dean and if he was selling companies to himself that I got a response from Dean himself and basicly told me that my question sounded ludicrous and they were not companies previously owned by himself. This is why I think they may be 4 business's that we are not aware of. But, Either way what once did not benefit us shareholders I believe now it does! If they are private companies then Dean has managed to put them under the new Quasar International Holdings umbrella. Since this is a holdings company, it was probably with a majority share purchase like the mineseeker deal. Yes, private companies have share structures. A very common practice. This is my take of the situation.

[FerdinandDaBull]

Wow Ray, impressive.... This story is getting a little old...
Quasar is not going to buy shell companies, only to think they will is riduculous. Do you really think that Quasar would issue several pr's only to announce they acquired shell companies? The pr's would almost costs more than the incorporation and/ or acquisition of the shells did.

Have you even read the last pr's?

Each of these will be announced individually in the coming weeks with descriptions of the Company and details of each acquisition.

Shell companies wouldn't need to be discribed and they wouldn't have much details to tell us don't you think? Imo its pretty safe to assume (although I agree with Manti when he says it's better to assume nothing here in QASP-land) that the shell companies you are referring to will become the new parents of the to be acquired subsidiaries. We will learn about it in the comming week(s).



"There is little difference in people, but that little difference makes a big difference. The little difference is attitude. The big difference is whether it is positive or negative."

W Clement Stone

[punk153]

Seems you were right Ray.