Qsolar Ltd. QSLRF

even if i have any extra money set aside

[illumination1]

from what continues to go on with this company, i will no longer think about making any further acquisition. i hope that q proves me wrong and that they in fact will control the potential of heavy dilution which i think is going to look inevitable. i strongly believe this company needs to figure things out fast before we find ourselves over 60 million outstanding shares. we have one product (spraytek) which can be licensed out in the near term to provide revenue yet we are wasting this opportunity. i wouldn't license out the latest spraytek because it is part of the ess and maybe the color glass panels (i would have to recheck). i am convinced that the business model that q is using is a losing one and when funds keep being aten away we will be needing to raise them again, and again and again. oh, well, i have now one of two options either hold or sell--i will continue to hold but when i was thinking to swap natcore for q if there was a significant price differential i am beginning to feel that will be a mistake and glad that i didn't do any more of that since my first acquisition. i really like our technology but the business end of things over here i am extremely doubtful of especially when you are being told that there won't be heavy dilution--6 million at .50 is heavy. having and operating plants no matter how cheap/cost effective i'm told they are it really isn't. from what natcore's management had told me a pre-existing built up plant would cost anywhere from 10-40 million dollars--new ones range in the hundreds of millions. if we are looking to expand our capacity that is the cost and again silly to be diluting at low levels even with debentures attached to them like what is recently announced. i have made my suggestion--and if it isn't even explored that's just a shame. again, i'm neither too happy nor impressed. after i had talked to management i was feeling more assured but when this can happen a few days later, not so much so.  when this goes up, i may even think about taking money off the table, this company has to now truly prove to me it is on the right track because i just don't feel it is as far as their business vision is concerned. i've seen poor financial decisions wreck companies with excellent technology--i had frequently mentioned this to management and the one i often cited was bioexx specialty proteins (bxi) see what happened there. anyways glta.