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Buddy - this is what I got from the CC "You must be a SH on merger date (or record date) to be eligible to exchange shares; however you can take as long as you want do the exchange (if your broker needs time to submit the paperwork)". So there is a possibility that the "record date" could be different than the merger date with the new shell IMHO...Hopefully all that will be answered very soon...
Makamai
They sure did Banker and the investment group that bought it from Ebay tripled their money in 18 months - Centacom's product is already far superior to Skype IMO. I'm sure Centacom will be on some major players radar in the not too distant future once it gets launched into the public eye.
http://news.yahoo.com/s/dailybeast/20110510/ts_dailybeast/14008_microsoftbuysskypemarcandreessenonthesale
A lot of action going on regarding the court proceedings so far this month. This sounds to me like it could be Joe "NOTICE OF TAKING DEPOSITION OF CORP REP OF QUASAR AEROSPACE INDUSTRIES, INC. 5/9/11 @ 2PM " Jeff must be feeding them a mouthfull today (see below)
Makamai
5/2/2011 RESPONSE TO REQUEST TO PRODUCE /QUASAR AEROSPACE INDUSTRIES INC/ATTY
5/4/2011 NOTICE OF TAKING DEPOSITION JOSHUA HENDERSON 05092011, 930 AM.,
5/4/2011 MOTION FOR ORDER OF CONTEMPT JEFFREY DIGENOVA
5/6/2011 CERTIFICATE OF SERVICE BY PROCESS SERVER ON DEAN BRADLEY
5/6/2011 NOTICE OF TAKING DEPOSITION OF CORP REP OF QUASAR AEROSPACE INDUSTRIES, INC. 5/9/11 @ 2PM 5/6/2011 NOTICE OF TAKING DEPOSITION (AMENDED) OF JOSHUA HENDERSON 5/9/11 @ 9:30AM
5/9/2011 CERTIFICATE OF SERVICE AMD.
5/9/2011 NOTICE SERVING SUPPL.
5/9/2011 NOTICE OF TAKING DEPOSITION JEFFREY DIGENOVA, 05102011, 130 PM.
Hey Cat - what makes you think Joe has legal issues - in fantasy land you can rationalize your way out of any "situation". You make your own laws, print your own money, vote yourself in as CEO of a company or two you are really short in, and when you are bored doing that, you break out your blunderbuss and take pot shots at poor defenseless Qaspers on a public forum that don’t have any idea of what’s happening to them because “I can do it”… Oh and I almost forgot – contradict yourself a few dozen times in the process…..
Makamai
That's priceless Dehydarated Hey DB2 - gotta sticky this one - caught Deano sleeping on the job one too many times. When he wakes up, he'll never believe it, so we got da proofs
Makamai
If she puts that on her first album, I could see at as a #1 hit. Lot of talent on AI this year - be interesting to see who wins it.
Mak
How much more of this will the court stand before they begin issuing arrest warrants for these scumbags?? I would expect that the FBI, SEC and GJ prosecuting attorney have been duly apprised of these events as well...
Makamai
Best rendition of House Of The Rising Sun I've ever heard. Too bad Haley didn't have more time allotted to sing the entire song on American Idol last night.
This doesn't sound like Centacom/Centaflix to me "This company currently provides a very active platform that allows its existing members to promote themselves. Members are able to participate in a variety of contest and promotions for exposure on the company’s site and other nationally known media outlets, social media and video-sharing networks"
Makamai
Invest - I'm sure there is at least 500 other QASP shareholders that totally agree with you. There is not a word that comes out of Joe Con's mouth that has any truth to it and isn't spoken solely for his and only his personal benefit. I'm sure QASP shareholders will have no problem finding a top rated lawyer on a contingency basis to take on a class action suit against him and his bros, especially once criminal charges have been upheld. The FBI has some real good techniques for following the money trail, so even his off shore accounts won't be safe. The more he posts, the more he strengthens shareholders conviction to have the last say.
Makamai
I couldn't agree more - however Centaflix/Centacom is a multi facited organization so all our nickles are not in just one basket...
Makamai
In all fairness to Centaflix/Centacom, their website http://www.centacom.com/ states that in April 2011 we will be beta testing the latest in social networking software Centaflix Connects. That is the system we have used for our CC's. Hopefully Owens can give us an update on the status of their beta tests in an update on the website or during the next CC...
Makamai
Sponge we are deeply indebted to Jeff/James for their tireless work on our behalf, and hopefully we will be able to thank them in person at the Centacom's first AGM..
Makamai
I don't know about spooky, but definitely very fitting that two public world enemy #1's are permanently decked on the same day of the month...
Makamai
24 hours is a Muslim tradition they wanted to respect according to the news sources.
Makamai
OBL was buried at sea for two reasons: 1.no country would want him buried on their soil 2. He needed to be buried within 24 hours. Oh and also the Navy seals knew where there were some highly shark infested waters and wanted to give them back one of their own (lol)
Makamai
SJO - excellent overview and thanks for sharing. If James kept your attention for 6 hours, there must be a lot more than meets the eye to Centaflix/Centacom by just looking at their webpage.
Mahalo,
Makamai
Bang on Dooley - and what Joe never counted on was how savvy QASP shareholders are or have become, and our persistence to protect our investment. Joe thought he could squash this stock, however he is the one who'll get squashed instead. Like you said, desperate is as desperate does and Joe is looking really desperate at this point..
Makamai
Lars - it looks like we've stumbled on a way to get the worms to crawl out of the woodwork - just announce a merger and watch them scurry for cover (lol)
Makamai
Surf - Its also another nail in JC and his cronies coffin. It was good to see a firm date of May 3 posted by Centacom for the merger to be announced. I suspect that those who may have encountered more doubts as a result of the NR, will wait one extra day. Keep in mind that there are a lot of shareholders that don't post or read IHub so all this drama is really out of the full public eye...
Makamai
Bigdogs - Quasar shareholders, by inundating Computershare with emails, have made it painfully clear to them that no business wrt QASP is to be conducted until after May26 court ruling. If JC were to try and change to a new transfer agent, I'm sure Computershare would advise the proposed agent accordingly. In addition, I strongly suspect that not only will the present civil court judge be apprised on Monday of what's taken place, the Grand Jury's prosecuting attorney, the FBI, and other applicable law enforcement agencies will be advised as well. You can run, but you can't hide forever from the law..
Makamai
I couldn't agree more CAT. Joe thinks he is above the law and can do anything he pleases. In reality, however, he is just pounding more nails in his coffin, along with his cronies. Hopefully the FBI will track down his off shore accomplices and put them out of business as well...Next week should tell the rest of the story...
Makamai
I couldn't agree more CAT in both regards...
Makamai
Well based on last nights blog from James, giving up is not in his vocabulary. We'll see how events unfold next week...I'm hopefull.
Makamai
Thanks Buddy - a little weekend humor to take the edge off the drama
Makamai
IMO the point of Owens blog was to reassure shareholders that no matter what, they shall prevail. That's his primary focus - to right the wrongs of past management. His second sentence said all that presently needs to be said wrt the faux BOD/CEO "I wish to remind all, that these actions are not going unwatched and I do have faith that the government agencies working on this situation will do what is necessary to bring those involved to justice."
I applaud and admire Owens conviction to make the shareholders not be the bag holders any longer... Justice shall be served and we shall prevail.
Makamai
I certainly agree wrt saving PM's. More self inflicted charges to pile up against him. I'm sure Jeff's lawyers will be in the judges chambers Monday assisting in writing the arrest warrant for violating the court order. Joe is obviously an amoral person who worships money as his god. Time for his criminal empire to implode around him and take him with it. Justice shall prevail!!
Makamai
Blog from Owens - You're definitely DA MAN James!!
Apr 29, 2011 Personal Messege from our Founder to Quasar Shareholders
Good evening to all my friends and shareholders at Quasar. I am writing this in response to the events unfolding today and the press release stating the " ?New Management? " and the "old dilution of value" to the company and it's shareholders.
I believe this is but another chapter in a sad pattern of events that have been going on for far to long. I wish to remind all, that these actions are not going unwatched and I do have faith that the government agencies working on this situation will do what is necessary to bring those involved to justice. In the beginning, when Centaflix / Centacom came into the picture, one of the motivating factors were events like today. Events like these just reinforces our motivation to assist, while being one of the few involved doing the right thing. We will be there those that have lost so much at the hands of others working for there own self interest. It has gone beyond the point of profit / loss for us as a company, evolving now into returning power to those that rightfully should have it.
I want to make this perfectly clear ... whether this stock is diluted to nothing, halted by the SEC or bankrupted by those in power, we will still have the backs of those who have been disrespected and diluted for years, we will leave no soldier behind! No matter what the outcome, there is a home for those who wish to join us and grow with a small company that has great values and real revenues, not in the business of selling shares for it's survival based on self dealing. It is, and has always been our goal to bring value to the Quasar Shareholders and have not lost sight of that goal. We stand by to assist the shareholders in any way we can. You are a great group of people that together can be a formable force.
James Owens
Founder Centaflix / Centacom
http://www.centaflix.com/news.html
What Joe doesn't realize is the persistence of the shareholders to keep the TA in lockdown mode, until the courts take action. Dooley's action to remind them of that fact is spot on...
Makamai
In Memoriam to our new CEO JC...
Mirror mirror on the wall,
Who is the dumbest CEO of all?
Mr. Canouse you win the prize,
Your SOS filing was none too wise.
Oh please Mr. Mirror, say it isn’t so,
Off to jail is not where I want to go.
Mr. Canouse you allowed greed and pride,
To rule your life from the dark side.
But Mr. Mirror, Dean must be to blame,
You should have warned me that he was insane.
Mr. Canouse you already knew that,
When your BOD voted, remember I cracked.
That was me, myself and I, that voted that night,
I got it from Dean, he thought it worked alright.
Mr. Canouse, you know what they say,
What goes around comes around come what may.
So what you are telling me is I screwed myself,
My god has been money, all I care about is wealth.
Yes Mr. Canouse, I’m happy to say,
where you are going, I’ll be far far away.
OK Mr. Mirror, I think I see your point,
Guess I’ll ponder it over when I’m in the joint.
In Memoriam to Joe C
Mirror mirror on the wall,
Who is the dumbest CEO of all?
Mr. Canouse you win the prize,
Your SOS filing was none too wise.
Oh please Mr. Mirror, say it isn’t so,
Off to jail is not where I want to go.
Mr. Canouse you allowed greed and pride,
To rule your life from the dark side.
But Mr. Mirror, Dean must be to blame,
You should have warned me that he was insane.
Mr. Canouse you already knew that,
When your BOD voted, remember I cracked.
That was me, myself and I, that voted that night,
I got it from Dean, he thought it worked alright.
Mr. Canouse, you know what they say,
What goes around comes around come what may.
So what you are telling me is I screwed myself,
My god has been money, all I care about is wealth.
Yes Mr. Canouse, I’m happy to say,
where you are going, I’ll be far far away.
OK Mr. Mirror, I think I see your point,
Guess I’ll ponder it over when I’m in the joint.
Makamai
Hey Cat - for Joe to be this desperate, there must be some big guns off shore that have his gonads in a vice and are short squeezing it really tight. He used to be a baritone - I heard he's now a soprano
Makamai
Jeff said yesterday that he didn't think this court case would stretch out until May 26th - maybe he had a premonition that JC would facilitate an early resolution, by donning his stupid hat again (lol). Voted himself as CEO as well - too funny....
Makamai
Just fired mine off as well - last time we went through this exercise Jeff reported receiving around 250M shares where he only needed 10%. If I understood Jeff right, this time he needs over 50% so the word will have to get out to more than just IHub folks.
Makamai
Jake - It will be announced in the Press Release.
Makamai
Excellent CC from Jeff/James - process is moving forward, albeit with lawyers involved somewhat slower pace than hoped for. However looks like next week we have about a 95% chance of getting the exchange NR. Way to go Jeff/James....
Makamai
Smart move Dooley - It will be interesting to see if Computershare responds..
Makamai
Appreciate your overview - when dealing with a government agency, you're on their clock, not visa-versa. However as you indicated, lets get on with the share exchange and then let the wheels of the SEC grind away...
Makamai
Cat - I believe previously Owens was giving away 25% of the company to QASP and retaining 75% based on the Jan 27 LOI for the merger. I suspect because the filing will be more expensive to provide us with free trading shares, he has reduced that to 22%/78%. IMO this won't affect the ratio of QASP shares given up for one of the new shell shares (1 for 4, 1 for 8, 1 for 10, whatever), it will just affect the number of shares Owens receives from our basis, which was 3 times our basis (75/25%) previously and now will be 3.545 times our basis (78/22%).
Makamai
That's just tooo funny if an MM can go down due to a virus. Hey maybe with a little carefull planning, HDSN could go down when Q starts its run - then the "truth" gang might have even more trouble covering their okole's...
Makamai