InvestorsHub Logo
icon url

nutinbutdatroof

02/17/11 9:59 AM

#215964 RE: Investman432 #215961

It doesn't take a genius to realize QASP is an empty box - there's nothing much in it (which explains why Jeff is silent on assets/revenues), but since hope springs eternal and some people* dependably post optimistic statements day and night, there are wonderful trading opportunities. Company is on life-support and paralyzed because of a battle with Dean, but you'd hardly know that from the breathless optimism about management, Mineseeker and criminal investigations.

Maybe Jeff deserves accolades for not further molesting the company/shareholders during his tenure, but to date we haven't seen any real disclosures, financings or info needed to put a value on the company, just the short end of a RM with an opaque company. Many on this board fail to understand the ramifications of an unstoppable criminal investigation, time frame it will be resolved and effect of a large contingent liability that will overhang the shares.

Centaflix could be a new chapter in the story, while of course the QASP common holders will get crammed. What was that provision that allows some people (Jeff?) to exchange his common into preferred? ssssh.



I agree QASP is an empty box, which got me wondering why anyone would want QASP as it is today?

Then these 2 thoughts occurred to me.

1. Its got a dairy barn full of cows ready and willing to be milked for more money when Mr. Owens cranks up the printing presses.
By merging the companies it brings a group of QASP investors who are looking to throw money at pie in the sky dreams. Its a difficult task to roundup such a gullible herd, and QASP one.

2. I'm pretty sure Mr. Owens also has his eye on the money that maybe recoverable from Mr. Bradley's incompetent dealings..
icon url

Montana Wildhack

02/17/11 10:02 AM

#215966 RE: Investman432 #215961

No need for sssh - happy to see your unbridled optimism about your investment here. I hope it pays off for you.
icon url

couchptado

02/17/11 10:28 AM

#215978 RE: Investman432 #215961

IMO - - Jeff is much too smart to spend 5 months and over $50K, of his own time and money, on an empty box!!! lol
Give the man a little credit - - He's not an IDIOT !!!
JMHO