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Friday, 08/01/2008 3:15:48 PM

Friday, August 01, 2008 3:15:48 PM

Post# of 26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940


1. Name and Address of Reporting Person *

FIREBRAND FINANCIAL GROUP INC 2. Issuer Name and Ticker or Trading Symbol

QUERYOBJECT SYSTEMS CORP [ QOBJ ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director __ X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)

275 MADISON AVENUE, 27TH FLOOR 3. Date of Earliest Transaction (MM/DD/YYYY)

6/17/2008
(Street)

NEW YORK, NY 10016
(City) (State) (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)


6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 6/17/2008 C 1924683 (1) A $.003 4698741 I Held by Dalewood Associates, L.P.
Common Stock 205784 D

Common Stock 799229 I Held by EarlyBirdCapital, Inc.
Common Stock 230559 I Held by David M. Nussbaum
Common Stock 20578 I Held by Steven Levine

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Senior Convertible Note $.003 6/17/2008 C $5774.05 (1) 6/28/2007 5/19/2009 Common Stock 1924683 $0 $64000.00 I Held by Dalewood Associates, L.P.

Explanation of Responses:
( 1) On June 17, 2008, Dalewood Associates, L.P. converted $5,774.05 of accumulated interest on the Senior Convertible Note held by it into 1,924,683 shares of the Issuer's common stock at a conversion price of $.003 per share.

Remarks:
The reporting persons are: Firebrand Financial Group, Inc. ("FFGI"), EarlyBirdCapital, Inc. ("EBC"), Dalewood Associates, L.P. ("Dalewood LP"), David M. Nussbaum ("Nussbaum") and Steven Levine ("Levine"). FFGI is the majority shareholder of EBC Holdings, Inc. ("EBCH"). EBCH is the sole shareholder of EBC and the sole shareholder of Dalewood Associates, Inc. ("Dalewood Inc."). Dalewood Inc. is the general partner of Dalewood LP. Nussbaum is the Chairman of FFGI, EBCH, EBC and Dalewood Inc. Levine is the President and Chief Executive Officer of FFGI and EBCH, the Vice Chairman, Chief Executive Officer, President and Managing Director of Investment Banking of EBC and Chief Executive Officer of Dalewood Inc. Each reporting person herein disclaims beneficial ownership of the reported securities except to the extent of each reporting person's pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FIREBRAND FINANCIAL GROUP INC
275 MADISON AVENUE
27TH FLOOR
NEW YORK, NY 10016
X

DALEWOOD ASSOCIATES LP
275 MADISON AVENUE
27TH FLOOR
NEW YORK, NY 10016
X

EARLYBIRDCAPITAL INC
275 MADISON AVENUE
27TH FLOOR
NEW YORK, NY 10016


Affiliate of 10% Owner
NUSSBAUM DAVID M
275 MADISON AVENUE
27TH FLOOR
NEW YORK, NY 10016
X

Levine Steven
275 MADISON AVENUE
27TH FLOOR
NEW YORK, NY 10016
X


Signatures
/s/ Firebrand Financial Group, Inc., by Steven Levine, President 6/18/2008
** Signature of Reporting Person Date

/s/ Dalewood Associates, L.P., by Dalewood Associates, Inc., General Partner, by Steven Levine, Chief Executive Officer 6/18/2008
** Signature of Reporting Person Date

/s/ EarlyBirdCapital, Inc., by Steven Levine, Chief Executive Officer 6/18/2008
** Signature of Reporting Person Date

/s/ David M. Nussbaum 6/18/2008
** Signature of Reporting Person Date

/s/ Steven Levine 6/18/2008
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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