Monday, November 22, 2010 3:46:07 PM
JACKSONVILLE, FL, Jul 15, 2010 (MARKETWIRE via COMTEX) -- Quasar Aerospace
Industries, Inc. (PINKSHEETS: QASP)
The following is a joint statement from the Chairman of Mineseeker Overseas
Operations, LTD, Michael Kendrick, and the Chairman and CEO of Quasar Aerospace
Industries, Inc., Dean Bradley:
Company Communication
Mineseeker Operations is concerned that persons representing themselves as
Quasar shareholders are going to unreasonable lengths to obtain confidential and
business sensitive information and putting this in the public domain. Mineseeker
Operations will not comment on the business relationship between themselves and
Quasar for obvious legal reasons. Requests are also being made of the Mineseeker
Operations suppliers, staff and the Government authorities. Mineseeker has no
way of validating if these enquiries come from Quasar shareholders or, in fact,
competitors purporting to be shareholders.
Negotiations with suppliers and foreign Government departments are complex and
can be of a confidential and sensitive nature. Our suppliers and Government
departments consider this level of enquiry to be unethical and unprofessional.
It is damaging to the reputation of Mineseeker and Quasar. Many of the comments
on the Quasar investment forums, which are in the public domain, are at best
speculative and in many cases inaccurate and misleading. It is apparent that
some are designed deliberately to damage the progress and reputation of Quasar
and Mineseeker Operations.
This type of action is also harming the relationship of Mineseeker Operations
and Quasar. We assume that the comments are coming from persons who have a
vested interest in seeing the project fail. It seems unlikely that anyone with a
financial interest in Quasar would become involved in such a destructive
activity. It would not make sense.
Indeed, enquiries have been made of friends and colleagues seeking to validate
the sudden and tragic death of the CEO of one of our suppliers. This is
distasteful and unethical in the extreme.
Both Quasar and Mineseeker Operations reserve the right to take action against
any individual or organisation that damages the reputation of either company
and/or publishes inaccurate or misleading statements about their business.
Furthermore, Quasar and Mineseeker will act against any person engaged in
tortious interference in either of the company's business affairs.
We will be posting a password protected web page on the Mineseeker web site in a
few days. This will allow people with a legitimate interest in the business to
access information on the company. However, information that is deemed to be
commercially confidential will not be published. We ask all Quasar shareholders
and others to respect the normal practice of proper business communications, and
support what is a potentially lifesaving business endeavor on a global scale.
"However beautiful the strategy, you should occasionally look at the results." - Winston Churchill
