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doughboy2

08/27/13 5:59 PM

#273963 RE: Sharktnk #273962

Yeah- 9M shares for $45k.

Not at today's price.

More like $5k.

Not enough to pay the insurance on all of joe's planes he "purchased" from qasp.

Will the A's start the ultimate destruction of q as, imo, the salary shares are inconsequential at this stage?
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fink

08/27/13 8:19 PM

#273980 RE: Sharktnk #273962

Yes that was a big rock hanging over wether or not to be holding this come Sep/2013.

Since the HAVC thing never materialized, those are worth squat.
Give this another week and a pps of .0004 and below, good luck converting and selling.

If they pulled off the R/M and this was above the '.04-.05' CEO Joe posted Q should be valued at, would make for a nice score on time invested. 4mm -9mm is nothing given the past year. .

I do like how Joe rolled his into the funding arm for the flight school.
2% compound interest, not bad! those shares backed whom ever funded Get Wings in case it defaults.

Kinda old stuff.
Still makes no sense all the buying. Yes, tons of selling out pacing the massive buying or accumulation.
I can't believe the accumulation knowing it was going down.
We all knew the R/M's planA went South. But why would you load Q when dilution was the back bone of planB?
I'd love to get a whif of the kool did to sell these post HAVC buyers,
It's not from some Momo threads. That's idiotic.
My next reload is going to be way under these turkeys.

.0004 getting those restricted shares is an empty victory.
Y'all do a dollar value on those? And they still have to sell into the free float to get that value.


.0003?
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Manti

08/28/13 9:25 AM

#273994 RE: Sharktnk #273962

One year restriction on the salary shares, but the shares that are being issued for aged debt are immediately tradable. Those are most likely the shares being sold now.

I suspect that Joe took some shares as compensation, and convinced the others to do so as well merely as a means of convincing John Q Public that since management had skin in the game it was a safe investment, making it easier to sell shares. Joe didn't care what the sp would do because he had convertible debt that would ALWAYS be in the money. After all, he can get shares issued as low as .00001.........