The entire thing makes no sense. Apparently Owens is going along with this deal because he feels bad for QASP shareholders and wants to help. Does he not realize it would be cheaper to just write a check to every bagholder than take on the expense and legal risk associated with being a pinksheet CEO?
I listened to the CC's. He says he is funded already and will not issue any new stock. Well issuing stock to raise funds is the only purpose for a public company. Why risk it all?
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