Replies to post #17476 on QSGI, Inc.(fka QSGI)

[smokestack]

Sir you need to go back and read all the posts from abt. six oclock est, yesterday evening. It has been throughly discussed all ready.

[HokieHead]

Uh, nice try but no one is selling for that reason. Folks here that held through a chance that their shares could be wiped out to zero in a second are not fooled by a possible increase in authorized, yes authorized not outstanding and a possible R/S.
Read my sticky, it would affect ALL shares, not just the QSGIQ holders. Ah, congrats to those holding these legacy shares. I love the name. We held through it all knowing our DD was solid.

[skidstreet]

"Holders (QSGI Shares) = 12.52% or 31,305,903 shares"

It looks like the commons are getting diluted by 87.5 % which isn't so bad considering it was a shell company with no assets just NOL's. Now it comes down to what Krusecom is worth and there isn;t much info on that. With the initial dilution there will be around 250 million shares outstanding and with fridays close of .115 that's a market cap of 28 million. Is Krusecom worth that or more? Who knows, cause it's a private company. The talk of 2 billion A/S and reverse splits is not good. Long term investors may not mind but traders hate that kind of talk and in the short term the traders rule penny stocks. IMO no reason to rush out and buy right now until we see evidence of revenue/income/assets from Krusecom. But hey, as we all know, if it catches the momo monday morning it could fly. A long winded way of saying IMO it's a trading stock right now.