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Re: joecanouse post# 257596

Friday, 06/08/2012 10:07:09 AM

Friday, June 08, 2012 10:07:09 AM

Post# of 375420
How can you have two error's in a PR ?

And both are CEO's, does not seem right to me. Was it done on purpose ?
CEOs, Brady and Dugenova,




Other legal issues

-The Corporation was scheduled to be in court for a hearing on its Motion for Summary Judgment which seeks dismissal of the two counts in a counterclaim filed by the Defendant, Jeff Dugenova; and, a hearing to approve a Subpoena to retrieve corporate records from an attorney hired by Dugenova on behalf of Quasar. Dugenova is currently opposing this request as well. The hearing will be rescheduled as the Court is in the process of getting a Certificate of Occupancy.

-As a result of the misuse of the legal system to further harm the Corporation, we will also be seeking attorney fees from Dugenova.

-Quasar will be filing a Motion of Contempt against former CEOs, Brady and Dugenova, for failure to comply with a prior court order regarding a shareholder meeting. Neither party has complied with the court order despite the fact that the court held two separate hearings on it.

-The Corporation has gotten many emails from investors who were promised a stock swap by what we have come to believe were representatives of Dugenova. In the proposed swap some investors were urged to buy or hold stock up until a certain date and promised to have those shares exchanged for shares in another company. It is Quasar's position this would not only constitute an illegal solicitation of those shareholders, but manipulation of our stock and interference with the Corporation's shareholders. We also would like to thank those shareholders who have come forward with corroboration of these facts and encourage others who feel they may have been misled as well to email the Corporation at shareholdersgroup@quasaraerospaceindustries.com.

-Quasar is working with the former owner of CET to reclaim assets improperly removed or sold by Mr. Brady and Mr. Henderson as a result of a release obtained without proper authorization by Mr. Dugenova.