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thanks for the info. good post on mineseeker and kendrick earlier by the way
Perfect..same thing I was thinking.
I would agree with you on the 5-10 cent range...however, we don't know what mineseeker is working with or has negotiated while the time has lapsed...a run to .2-.25 wouldn't at all shock me...I've seen weirder things happen
Can you re cap it for those that can not make it...thanks
I still think well be suprised with what we get for giving up 75 percent..
Well it should be over for today...started at 930am Et hopefully we will hear something
I think you are right on with that...a contract was established with QASP and Kendrick is honoring it
Interesting point...I could see that happening. I honestly believe that they have a contract signed and ready to go...I dont know how it will work logistic wise with the aircraft, but I think the money is there...just not announced
Even though he may have jumped the gun a little...I really liked the fact that he acted so quickly on making sure negotiations with mineseeker came first...even before the merger..haha I bet mineseeker has contracts lined up..and hopefully large long term contracts
"In this transaction, we will be using 15% of our reserves"
Does anyone know how much the Mineseeker tech originally cost?
If it was 10Mil Centaflix has a very large reserve.
I believe it was 51%..but who knows. Well if the Croatia contract is worth the amount previously discussed. With the percentages you are throwing around Ill take roughly $84 million..
very true. large contracts coming for QASP.
I was actually told by IR we would see revenue numbers of centaflix prior to the merger
I agree with you on this banker...I am also thinking that maybe the revenue normally paid to centaflix affiliates (their downlines) would be reinvested back into the company instead or at least a portion of it..by way of a share buyback. Seeing that they all have shares in centaflix anyways..and it could only bring value to them.
Thanks. I was kidding..Im a very long long and have read that over and over just with all the mineseeker talk I almost forgot about the demo this week.
Similar to what I received...but wait what about all the University of Phoenix stuff?..this is going to get good
Are you implying apex took advantage of the situation?
Agree well here about what this company will offer soon..I respect your dd thanks for being part of this board. I enjoy reading your posts
pm me the email please... tia
Merging into a debt free company....a company that has a ceo who is taking on this project because he has friends who are/were burned by former management..being that the jist of MLM is to return money to you if you bring in individuals "under you" I wouldnt be surprised if the money that would have been returned to mlm participants will now be returned to shareholders...just thinking out loud..but how do you return capital to shareholders? Issuing dividends (dont see that happening)? I do see the possibility of buying shares back...since 75% of shareholders will be from centaflix...
so what happened to video from their website? Did they take it down? I believe the revenue was approximately 5 dollars or lower per movie rented...even so if one movie rented a night in all 420,000 Best Westerns...interesting..
No problem. I think we might be pleasantly suprised with the "multi" million dollar corporation were merging with (revenues)...allowing us to continue with the original business plan that was going no where with just our flight school and repair facility..
quasar is the surviving company...remember that
agree..I hate the mlm concept..and I originally got into this in 2009 to see the aerospace company get built...however, the problem has always been funding...now we know this company is able to obtain funding...so maybe that will lead into the statement of the business plan being workable..
Do you think they got twilight like their website shows?...haha if they did..not a fan but the crap makes money..
listen to the video around 27 minutes...sounds financially responsible..
And...Quasar is the surviving company...hmm..funding?
"Centaflix finances its own productions utilizing bank debt and equity capital, pre sales and international subsidy programs. Major banks and institutions consistently seek to finance Centaflix Productions.
To showcase a mix of specialty/independent and commercial productions, Centaflix continues to nurture strong working relationships with national exhibitors for wider release of its products.
Centaflix distributes artistic product which includes in-house co-productions and acquired titles. Centaflix releases include Music Artist, DVD Fitness Productions and video work in the music and entertainment fields.
Centaflix has television output arrangements in several international territories and many long-term customers in other territories. These output and ongoing sales relationships provide an ascertainable revenue source and a bankable financing component."
Well since I last looked centaflix's home page changed why dont some of you look at the video on this link....pay close attentions to some contracts....
http://www.centaflixaffiliates.com/
Come to your own conclusion..
...and just think hes on our side..
Thanks Jeff. Now throw the bum in jail and lets close some acquisitions
theres more to this..
my guess...........10 million..i dont know why......
well james ray IS on board according to yesterday
http://www.sunbiz.org/pdf/92582314.pdf
"I will be updating shareholders again this week and will disclose all that I legally can. "
I am really looking forward to this....
you have to give Jeff credit hes doing all this on behalf of the shareholders...and James Ray is on board! Something which was in question when dean was at the top....Dean is like a turd that wont flush...
agreed RL and according to Stockfire's email from them that is exactly what their CC's were covering...."i's dotted and t's crossed"
Hey Budd no pm just hang in there
I think we should all comment on thesite and thank him for saving or in the process of saving our a$$es
General Update from the CEO
Posted by jeffdigenova at 11:00 pm, November 18th 2010.
I would like to address the shareholders on a few issues. The website was designed free of charge by a couple of Quasar shareholders and it is very much appreciated. I will try to keep this blog current and we will release PRs only when we have a material event to announce. We are working with several lenders and exploring every option available, but this process takes time. I am working with no pay, staying in a hotel, and have been in Jacksonville at the office Monday thru Friday every week since I took over. If I didn't believe we could be successful I would not be here.
As for the replies we receive about the many bloggers spreading untruths, I can not control what is said. I will say that the truth is far from what these people post. For instance, we received inquiries yesterday about Atlantic Aviation and Corporate being out of business. All one has to do is call Herlong Airport and ask. Both are operating and doing well considering the economy we are all fighting. Also, no one has gotten a free pass here, but the proper authorities will handle any issues from previous management. Unlike the previous administration, we do not care to waste time addressing these characters and will let our actions speak for us. Anyone that would like to visit is welcome, just contact IR@quasarinternationalholdingsinc.com
Thanks to all for your patience and support!
Jeff DiGenova
CEO & President
We are working with several lenders at this time and we will update shareholders only when we have verifiable news. We appreciate our shareholders and understand that there is alot of misinformation flowing, but we can not waste time in those arenas. We will address the fact that Dean Bradley is no longer in any position of authority with Quasar International Holdings, Inc. He is not a member of the BOD and most certainly is not Chairman. We can not stop him from false representation as that is a matter for the proper authorities.
We are looking forward to a very thorough update to all shareholders in the very near future.
Regards, Jeff DiGenova
CEO & President
read the company updates from Jeff...