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packerfan9

04/13/11 5:58 PM

#229171 RE: MarketGeometry #229170

They said that more then once on cc's. Owens said basically there is not much there when it come to QASP financials. On his side he said when merger it accepted he show the financials to us. Then shareholders can vote for or against the merger. He said if shareholders vote down merger that ends it.

People seem to think we have other options for any future besides merger. We don't. QASP has no money and anything but merger means more dilution.

So when we can vote on merger as Owens said we see financial reports before that. Until then why would he being a private company show anything?

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doughboy2

04/13/11 7:09 PM

#229172 RE: MarketGeometry #229170

MG - valid concerns.

what we do know is jeff's angle is that only the common SH's should vote.

what owens said is once a MA is signed, fins would be released and SH would get to vote on the merger.

he also stated that they would become a fully reporting company so, ino, audited fins would be done.

also imo, owens strikes me as a responsible, trustworty person and is likely running his company in the same manner so audited fins would not be a time consuming exercise.
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catdaddyrt

04/13/11 10:16 PM

#229184 RE: MarketGeometry #229170

how about we all just accept that Qasp is broke and jacked and take it from there -audit what? there is nothing that was legit we know that already -its a shell thats screwed up with some debt and liabilities and since the idiots behind the scenes did not want to let Owens pay some bills and turn it around - a clean shell is the next step and it still leaves joe dean and josh on the hook for their scam - financials? well it must be worth 10mm says dean -lol