Replies to post #17519 on QSGI, Inc.(fka QSGI)

[MNYC]

Very well put. Exactly what I was wondering too and asking about but the excitement here overshadows any rational questions an info like this.

[lockednready]

Good comments...this will be the fun part, getting the true value from the company and looking for entry and exit targets prior to Jan 1, 2011 if it's not favorable. Until then, it's worth more than the current pps due to the fact that we are now not going away and any dilution will affect others as well.

[HokieHead]

Great, nice try. See my sticky. Um, let's see where the PPS goes Monday. the bashers have arrived..

[Gutts2318]

It is an option not definitely: 2Billion share. Not every company max out their A/S. You complaint about high share then complaint if the company do an R/S which make the O/S smaller. If they max out their A/S and do R/S = about the same share QSGI has right now. PPS will still be $2.75 :D

It is just an option. If you don't like what you read, move along.

[hdsstocks]

absolutely not. They have the option to, IF they want to. think about it, you get 1 shot to write a POR, so you are going to include EVERY little thing you can in it, whether it matters or not. They may or may not do that, and even if they choose to do something like that, they cant until after january 1st. Our shares are worth significantly more than they are now

[USAF]

Maybe you are right... Perhaps the company did all this to trick silly investors into buying a dirty stock. Thank you for saving me from buying into this, o great and wise dingus.

[tchalla]

thank you superfly for that very compact, but accurate analysis of the por docs. i do not post screen shots of documents, but i have also read the por, and you are correct. i do believe that is why copies of the most important pieces of info from the por are not being posted here. once again, keeping investors in the dark. basically, qsgi became a shell after selling off all assets to pay as many creditors as possible. they saved the commons for the purpose of r/m the shell with kruse, and now, it has become a r/m pinky stock that has to do adjust their share structure accordingly and the new commons have a true minority interest in the new entity. i too, see a downward adjustment in the pps for the stock too. mm's can read the por and see that the os is going to increase significantly, so they don't have to worry about covering a few million shares, and can actually short more if they want without worry. all imho.

[ID Supermoney]

MOST if NOT ALL does not come to effect till after Jan 1, 2011!!!

Until then they NEED the PPS to be $2.75 for 20 days by Dec 10, 2010!!!!!

For their preferreds to come through!!

I hope you see this as well!!

Tic TOC Tic Toc


ID