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Microcap & Penny Stocks : QLSI - Quantum Learning Systems, Inc.

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From: Charles A. King5/24/1996 9:52:00 PM
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Ed, Kirk knows about other deals Pipasa is working on, I don't. None of this can be official anyway until approved by the shareholders. We'll get a mailing from QLSI telling us in detail what is going on and what we are to vote on. For example we must approve the resignations of the old board and approve the new acquistion of Pipasa with the huge issuance of shares to do so. We'll learn about Pipasa and Costa Rica International Holdings along with an outline of the new business plan, I assume. The mailing will tell us where and when the meeting will take place, somewhere in NYC. All this is extremely exciting, a lot more than chicken plucking! As far as what they will sell in the US, nothing was said. I assume they can sell all they need in Costa Rica. The real interest is in the DEALS that are going to be made by the new company. And personally, I couldn't be more delighted that Kirk will be on the board and will have a "significant role" in the new company. This is important because we can get him to answer our questions in the future as he did in the past, and that's important! He will head up the US operations which means they will be acquiring up here as well as Central America. I expect that the acquisitions that will add so much value will take some explaining for us to understand. But these are high powered deal makers, I'm sure, having watched Kirk since January 2, and Calixto Chavez was Costa Rica's minister of the Interior for 8 years so he will have plenty of connections as well as the rest of them. Al Smith IV is a very big name in the New York investment money world and other board members are very big in Central America. And Costa Rica is just coming into its own, that is a story in itself! Come to think of it, I ought to subscribe to the Tico Times, now that I'm getting into this Central American thing. Costa Rica is the Switzerland of Central America with no army and a generally peaceful, prosperous, interesting land with unique natural environments and endangered species in its rain forests and mountain ranges.
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