Replies to post #791 on Cat House

[Makamai]

I was in a previous mining play MDOR that was bought by Chad Cutis to make a recycle company out of it. The mining play split out as SUIP and investors received 1 share of SUIP for each share of MDOR they had. As a result each company was totally independent. So its certainly plausible that a similar scenario would work well for QASP in order to shed any baggage that might be associated with the way Dean ran the company. Like you, I'm looking forward to whatever Jeff has in store for us because he has promised from his latest blog "...no miracles here but I assure everyone that the steps being taken are to build shareholder value going forward. .." What more could we hope for..

Makamai

[Bullstocks]

This is just a guess, but what if the new corporation bought the assets of QASP for x number of shares. QASP declares a dividend to the shareholders distributing a portion of the shares and retaining a portion. The new corporation gets funding and goes forward to bigger and better things. QASP eventually sells the retained portion of shares of the new company and the proceeds go to clean up the outstanding debts and clean up the shell in order to sell it.

The end result is that QASP shareholders get a stake in the new company via the dividend while still retaining all of their QASP shares. Eventually, QASP is going to have to be reversed in order to be attractive to any reverse merger candidates.

The dividend would likely be on the order of perhaps 1 share of the new company for every 1000 shares of QASP. That means that the new company only releases 1.5 to 2 million shares to acquire all of the QASP assets. This gives instant value to the new corporation with minimal dilution.

Like I said, this is only a guess, but it sure makes sense to me to do something along these lines.