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Re: Makamai post# 165785

Friday, 08/27/2010 4:38:47 PM

Friday, August 27, 2010 4:38:47 PM

Post# of 375420
Not a word from Dean regarding the long overdue Audited Financials.


Detailed Summary of 7/20/2010 Conference Call by Dean Bradley:

1. Dean stated that he will not be addressing the stock bashers today. Rather, he will address them when appropriate as time goes on. (refer to QASP NR issued 7/16/2010 regarding this subject.)

2. Quasar Audit: The audit should be finished in approximately 2 weeks. The info will be submitted to the SEC and Quasar will then become a fully reporting company and limited information status listed on Pink Sheets will come off.

3. Annual Stockholders Meeting: Shareholders of record as of August 19 can vote by proxy or at the shareholder meeting to be held at Deerwood Country Club in Jacksonville Fla. Meeting starts at 11:00 AM, and lunch will be at 12:00 noon. Only certified shareholders of record who RSVP will be able to attend meeting. The meeting room holds 270 people, and there is a large adjacent room with a big screen TV for overflow.

4. Funding: Dean stated that the funding is ongoing, he won’t provide a timetable based on past unreliable funding source info. Dean went on to provide the following info:
a. Dean stated that the first large funding needed for the present acquisitions is imminent.
b. An NR will be issued as soon as funding is received.
c. Dean will then begin to announce acquisitions as they close, practically every other day, until the company has acquired all 6 of the acquisitions they presently plan to acquire.
d. Dean emphasized that each of these acquisitions are solidly in Quasar’s camp. Many of them Quasar has provided funds to. Mineseeker has been provided with almost $2 million. Acquisition #1 has been advanced over $500K. Quasar has invested money in 3 other acquisitions, in some cases over $1 million to build these companies. Dean has supported these companies so that when Quasar acquires them, they will be MEANINGFUL partners in the conglomerate. (Dean added the emphasis to the word meaningful)

5. Authorized Shares: Dean has no plan at this time to increase the authorized shares (A/S) which at the present time is 1.5 Billion. He did leave the door open, however, by stating that if someone were to come along with a couple hundred million dollars and that by accepting, would require an increase in the A/S he asked: “what do you think I should do? Should I increase it some, or should I turn down the money?”

6. Reverse Split: Question keeps getting asked, and Dean provided the same answer. Only if necessary to build stock value to up list to a senior exchange, such as NASDAQ, etc. (Dean has already stated he plans on getting off the pinks ASAP after funding)

7. W. Rudd’s passing: Dean stated that some “low life SOB” sent an email to W. Rudd as a result of an announcement of his passing in a previous NR, which was upsetting to the family. Dean stated ‘that’s the kind of people he has to deal with (seemingly) on a daily basis”.

8. Password Protected Website: Dean stated that the company is intending to limit some information only to shareholders by requiring a password to access the website do to problems as stated above. He further stated that no info will be provided on the Croatia tests at the present time, because the company can’t deal with the interference some people have caused. Dean stated that someone contacted a Croatia organization that had nothing to do with Mineseeker testing, and put it all over IHub.

9. Dean’s monetary Contribution to Quasar. Dean stated that he has personally invested almost $8 Million into Quasar and its intended acquisitions over the past 12 months to keep them going, and he will continue to do so if and as necessary until they are acquired as his funds permit.

10. Next News Release: Dean stated in closing, that he expects to issue a press release by Friday with additional information. He indicated that he intends to limit it to shareholders that he expects the transfer agent to provide him with a list of. (It remains to be seen if he can legally restrict information since Quasar is a publicly traded company).

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