NEWS JACKSONVILLE, FL, Dec 09, 2010 (MARKETWIRE via COMTEX) -- Quasar International Holdings, Inc. (PINKSHEETS: QASP) CEO, Jeff DiGenova, would like to inform all shareholders of the addition of the new company website: http://www.quasarinternationalholdingsinc.com. Two shareholders donated their time to develop this for the company and they are deeply thanked for the job well done. This new site features a blog that will be utilized to keep shareholders updated.
We continue to work with lenders and expect answers within the next week. Updates have been given from our attorneys and lenders that indicate answers and progress will be forthcoming in the upcoming week. It is understandable that shareholders want answers and as soon as we have results, they will be released. IR has received inquiries raising concerns of the many rumors flying around, but we will not address frivolous speculation. We have a plan that is workable and will continue to move forward.
Quasar's management is working to earn the trust of our shareholders. No shares have been sold, nor are we selling stock. There are absolutely no plans at this time to R/S or increase the A/S, and will continue working toward our goal of building a solid business with full transparency. Progress has been made over the last two and a half months, but there is still much to be done. To those that will stay with us, your support is greatly appreciated, and to those that have moved on, we offer nothing but best wishes.
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