QSGIQ is the Cinderella story that we play Q's for!! Read the DD avaiable and then decide if you want a piece of the pie!!
8k Says Improtantly the Co retains the Corp Shell and the Commons!
8k On 7-20-10 8k Filed them 10K/A on 7-23-10 filed and updating Finacials posted on 7-30-10, all indicators of a company moving in high hear to get everything lined up with FINRA & SEC for the impending emergence from BK with commons intact, if it were otherwise we wouldnt have seen them go through these motions!
QSGIQ is being bought because the recent 8k announcing settlements with largest creditors and most important that the Corporate Shell & Commons would be excluded from any asset sale, the Principals own 76% of the OS, the float is only 14 million, a lot have been abosrbed the last two weeks and invintory is running out! The DD compiled over the last couple of weeks provides a clear and evident rebranding into KruseCom immediatly avter emerging from BK!
7-20-10 8-k says QSGIQ is emerging from BK with Assets, The Corporate Shell & Common shares Intact!
4. Importantly, the following assets (the "Excluded Assets") shall be excluded from the Sale: (i) the Seller's cash or cash equivalent prior to the closing[/u[; (ii) any claims and/or causes of action the Seller may have against third parties, including, without limitation, commercial tort claims and chapter 5 causes of action; (iii) any and all shares in QualTech International Corporation; QualTech International Acquisition, Corporation; QSGI-DPV Inc.; QualTech Services Group, Inc.; QualTech Services Acquisition, Corporation; QSGI - CCSI, Inc.; and Contemporary Computer Services, Inc.;(iv)all corporate assets of QSGI, Inc. as a parent company, including, without limitation, insurance policies, including, without limitation, general liability and directors and officers insurance policies and any proceeds thereof;(v) all prepaid corporate expenses; (vi) all corporate assets of QSGI, Inc. as a parent company, including, without limitation, insurance policies, including, without limitation, general liability and directors and officers insurance policies and any proceeds thereof; and (vii) the corporate shell of the Seller.