Best I can tell class B shares are restricted, what we may have seen yesterday was sheer panic and the leemings falling off a cliff ...
Or ... I don't need to explain the rest.
Today should be telling.
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Best I can tell class B shares are restricted, what we may have seen yesterday was sheer panic and the leemings falling off a cliff ...
Or ... I don't need to explain the rest.
Today should be telling.
I read the release and bought as soon as the price dropped. I'll buy more this morning if the price doesn't rise too quickly.Quote:
Originally Posted by Los Tiburones
I think this is all a part of the loan process in order to expand the company. Expansion is GOOD! I'm all for it.
I think this is very much a money maker whether you daytrade or stay as a long. Either way, in the end, there will be much money made on QASP
Hey Candles ..Quote:
Originally Posted by candleman
Yep, I am going with the 'leemings' theory ... currently .0235 with a high of
.024
Bouncing right back ...
I'm also thinking it was the 20-somethings who have short-term attention spans selling off QASP at the first hint of anything not defined as "normal".
These kids seem to have no patience, nor reading comprehension skills.
The PR that QASP put out -once read slowly and with comprehension skills of, say, a sixth-grader- provided no reason to immediately sell off my shares (or anybody else's).
It was fun to watch, regardless. Today...QASP is recovering.
I do think the PR was a sign that the company has secured the financing. Watch the next week for bigger PRs, in my opinion. The lemmings will be kicking themselves...
I think something like 30 million shares traded hands under 2 cents. I watched that with total amazement. I kept re reading the PR and I just could not figure out why anybody would sell on that news.Quote:
Originally Posted by GoHerdGreg
You are right Greg, there are some very sore butts out there this morning.
Wednesday, February 10, 2010
Quasar Aerospace Industries Takes Option in High Tech Landmine Company
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JACKSONVILLE, FL, Feb 10, 2010 (MARKETWIRE via COMTEX) ----Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) has purchased an option to take a controlling share in BVI company, Mineseekers Operations Overseas Ltd, and its subsidiary Mineseeker Operations UK Ltd.
The company has a unique ground penetrating radar system that can detect landmines from an aerial platform, combined with a GPS and video mosaic system that will accurately map minefields and produce detailed photographic images of affected areas.
With a global market estimated to be in excess of $50 billion, covering over 90 countries, the scale of the landmines problem is enormous. Landmines are a humanitarian disaster that kill and maim victims in post-conflict areas on a daily basis and blight thousands upon thousands of acres of land that could otherwise be used to grow food in some of the poorest areas of the world.
The United Nations estimates that it will take several hundred years at the current rate to rid the planet of the tens of millions of buried landmines and other munitions left behind in war zones since the First World War. The Mineseeker technology is designed to vastly reduce the cost involved and the time taken to identify both landmines and other ordinance, which at the present time are located by operatives who painstakingly probe the ground by hand.
Dean Bradley, CEO of Quasar Aerospace Industries, said, "I am delighted to have secured the Option on the Mineseeker business and am keen to finalise the agreement before the end of this month so that we can move forward together and deliver this much needed breakthrough to the market."
"There is a massive and urgent need to tackle this landmine problem and we have the team and the technology to do it," he added.
"Furthermore, once the acquisition is completed we will be looking to deploy the technology for use in other commercial applications which would benefit from the high tech surveys that we can offer. The synergy with Quasar with its assets and interest in aircraft and training is obvious and we feel that this acquisition will be an excellent fit."
Mike Kendrick, Chairman of Mineseekers Operations, commented, "We are delighted that Quasar Aerospace Industries will become our investor in this company. There is a massive humanitarian need to rid the planet of the scourge of landmines. Currently it can cost up to over $1 million dollars per square kilometre to clear to declare landmine free. We will be able to survey a square kilometre at a fraction of that price -- delivering a healthy profit for our investors while fulfilling a massive need. The landmine problem is a man made disaster. Now we have a man made solution."
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Quasar Aerospace Industries, Inc. under take no obligation to update such statements.
Contact:
IR@quasaraerospace.net
904-612-8485
This is really pretty remarkable ...
I seem to recall Lady Di was involved with a similar effort at some point.
Some big names attached to this.
"These kids seem to have no patience, nor reading comprehension skills.Quote:
Originally Posted by GoHerdGreg
Nor writing for that matter ...
Nice day with Siri. Closed near HOD. American Bulls...Buy Confirmed!
Tomorrow should be interesting. May test .91-.92 tomorrow! Hopefully it will hold.
Nice indeed ... When is the CC due, can't seem to find a date for it.Quote:
Originally Posted by just sirius