Morning guy's and gal (AWOL?) ...
After yesterdays venture into the world of Mullets ... Had a bit ready about what constitutes "cool hair" (I.E. Randy Rhoads) and thought better of it, carpenters, comedians, poker players and ... hair stylists? Just doesn't have that same ring about it ...
Set about doing more DD on QASP late yesterday and again this morning ... First off, went and chased down their IR firm Equiti -trend.
http://www.equititrend.com/index.html
Besides the scary shirt syndrome I was left with that 'hmmm' impression. In other words, like most things in this penny world ... cautious to slightly paranoid, benefit of the doubt with an emphasis on the doubt side. They are 'real' certainly ... I wish I could find a good book on this alternate universe of pennies - The pinks and OTC ... Maybe a book search is in order - I really want to understand better the history, the shenanigans, the companies that came through and out of, on to the "Big boards".
They do cover a lot of penny stocks, a quick search of their name revealing any number of those who have retained them.
Those darn sponges got me really thinking about all this more from the perspective of things that you can "touch and feel" or better yet just "see."
Exposure, tangible things ... the advertising on ball park fences, being able to go buy the product, etc.
Unlike miggle, where we are at the mercy of whatever is being told to us, short of someone literally flying\driving over there to get the real scoop, there just isn't a whole lot to go on ...
Being that Quasar does seemingly have some brick and mortar established ... I want to see it for my own eyes - This may have already been posted elsewhere, but a trip out to Herlong was in order -
http://www.jaa.aero/AirSys/Herlong.aspx
http://www.jaa.aero/AirSys/Herlong.aspx
Last weekend I posted an old article on Mr. Ray (Of Quasar and some renown apparently) and I am unsure if anyone commented - Only asking if I had the right guy there or not.
I recall on the shrub that one of the higher level spokettes (I.E. of above average intelligence) had written that there was plentiful information out there regarding the company and presumably Mr. Ray himself. I recall some mentions generically even here ... but I may have my wires crossed, make that more entangled than they already are.
Here's what I am thinking ... I went back briefly through the headings and didn't see one ... How about a dedicated posting for strictly company related information? Something along the lines of the shrub\spoke's "i -box'?
I know there is a great deal of info floating around in the dailies on these representative company's, but just something more concise and dedicated to strict info, fundamentals, PR's, etc.
Have to go into work for a bit today, but maybe later I could attempt to start culling info from days gone by and at least get one started for QASP.
Somebody please let me know if it exists in some form already and I just missed it.
As much as the jovial and lightheartedness that everyone brings in here is appreciated and needed, this is still a dangerous game down here and I believe it needs extra due diligence (obvious enough), really it is more of an investigative, forensic approach, undemocratic to my mind that these pennies are "Guilty until proven innocent".
Maybe even a loose ranking system might be in order ...
I would put SPNG at the top, as "Clear" since they have cleared all the hurdles and "MGLG" at the bottom, in "The Dog House" since they haven't really given us squat in my opinion to really go on or sink our teeth into. QASP is pretty close to the top I believe, the last PR taking us back a hair with the plague of the pinkies - "Delay" - The others fall somewhere in between, BEHL would probably "clear" BCLE, Evil soft or whatever their name is, others I am not following all that closely so you get the idea ... Just thinking out loud, rambling off the morning java intake.
P.S Bass, get well soon man.