Sandy, I got out this morning at .0285Quote:
Originally Posted by bigsandy
I love this stock...I'll buy back in below .025
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Sandy, I got out this morning at .0285Quote:
Originally Posted by bigsandy
I love this stock...I'll buy back in below .025
I shaved a little at .0234 awhile back...never dipped below that so I picked up almost twice as many shares of behl @.012 and .0095. Definately nice to see green guys!!!!
OCNF is rising today.
This has not been one of my better investments. Anyone have any thoughts on OCNF?
Thoughts? No, Prayers? Yes. I've swung in and out of this one a couple of times, but got caught high.
Hopefully I can exit this one with a profit once it gets back over a dollar.
s.m.
Quote:
Originally Posted by candleman
QASP just dropped below 2 cents shortly after it hit .0289
I unloaded 150,000 today above .0285 and I just replaced them at .02
You gotta love a stock that swings that much!
I hope some of you have been buying JBLU, JetBlue,
It's up 42 cents today, so anyone buying a 1400 share block yesterday and selling today would have made a nice 550 bucks or so......
LOL, squigglies coming thru... got a key close, just over 0.01 -> 0.101. I put in a record amount for the pennies, though, it was basically what I cashed out earlier, so it's almost to the point of nerve racking, lol... it's still pretty small compared to the stuff you guys do. Now let's hope the confusing ebita a/s o/s r/s 8k 10Q crazy business doesn't take me down. :googley:Quote:
Originally Posted by Los Tiburones
Quote:
Originally Posted by candleman
Man, I am still trying to get a grip on what happened yesterday. We got tipped off on the shrub by about ten minutes, maybe less ... In the mere minutes it took me to read the link to the SOS detailing the A\S increase, a quick glance back to Etrade Pro ... it was already down to .019 and the PR hadn't even hit ...
Was hoping to come 'home' here and find our superior intelligence all over this thing, making sense out of it ... :rolleyes: Maybe we are all just as a perplexed. The big question in everyones mind is whether or not these new shares are restricted, it's a bit confusing ... I think the following may be the most plausible;
Posted by: stockinvestor01 Date: Tuesday, February 09, 2010 10:57:23 PM
In reply to: None Post # of 80102
Based on my calculations, I have a few questions. If they issued Class B preferred stock equal to 40% of the outstanding in order to receive the $350 million loan, then I understand why they raised the AS. However, this doesn't mean the OS has increased. The OS will only increase if the Class B series is converted, which may never happen if the company pays the loan back over the next several years.
Am I correct that the OS may not increase based on this deal. It will only increase if the shares are converted. Am I missing something?
http://investorshub.advfn.com/boards...ge_id=46476650
Granted, it is more in the form of a question ... I don't know, will post all the pertinent info if anyone wants to give it a go, can make sense of it ...
Quasar Aerospace Industries, Inc. CEO Announces Increase in the Corporation's Authorized Shares
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Comtex JACKSONVILLE, FL, Feb 09, 2010 (MARKETWIRE via COMTEX) ----Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) -- Dean Bradley, the CEO of Quasar Aerospace Industries, Inc. hereby informs the public that the Board of Directors of the corporation has approved unanimously a resolution increasing the number of Authorized Shares (A/S) of common stock from 750,000,000 to 1,500,000,000. The officers have filed Amended and Restated Articles of Incorporation with the Secretary of State for Colorado effecting this change.
The reason for this change is that the terms of the funding of the balance of our $350,000,000 financing requires us to issue Class B non-voting shares equal to forty percent of the total outstanding common stock to the lender.
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:
Quasar Aerospace Industries, Inc.
IR@quasaraerospace.net
Posted by: Triforce Date: Wednesday, February 10, 2010 6:08:29 AM
In reply to: None Post # of 80114
Amended and Restated Articles of Incorporation
http://www.sos.state.co.us/biz/ViewI...Id=20101084326
Amended and Restated Articles of Incorp pgs 1, 2
http://www.sos.state.co.us/biz/ViewI...t=1&attachLoc=
Amended and Restated Articles of Incorp pg 3
http://www.sos.state.co.us/biz/ViewI...t=2&attachLoc=
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
(Seperated these, the first 3 above pertain directly to yesterdays news - LT)
Statement of Change
http://www.sos.state.co.us/biz/ViewI...Id=20101005264
History and Documents
http://www.sos.state.co.us/biz/Busin...d=passgo&pi1=2
http://investorshub.advfn.com/boards...ge_id=46479970
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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Comtex
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