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Sunday, January 09, 2011 4:04:50 PM
Posted by jeffdigenova at 12:55 pm, January 9th 2011.
This will be my last blog entry until after the next PR is released. As I stated in the first press release, I believe that Quasar has a workable business plan and myself and my team have been working that plan. Many obstacles were left behind by the prior management team, and it has required substantial time and resources to work through these.
I know the sentiment of the shareholders very well, from those that want a pump campaign, to those that want a ROI. As I have stated before, I am not here to promote the stock. My job is to add real value by making sound decisions, and moving this company forward.
I appreciate all the supportive “Thank You’s” I have received. I assure you I am working in the shareholders best interest. For all of those who have made derogatory statements and threats, I am proud to let my actions speak for themselves. In the past, this has been a company devoid of integrity and morals. This is no longer the case. I have not taken one penny from Quasar as the CEO and have no regrets as this is and always has been about doing the right thing.
I believe we have made a tremendous amount of progress in sorting this mess out and in planning moves that will add value as they are implemented. In a previous blog, I stated that I am willing to meet with anyone who would like to arrange a meeting at our offices in Jacksonville, FL. To date, not a single shareholder has taken me up on my offer.
One last item I would like to address. I, like everyone else, based my initial investment on what was known via filings and PR's. For example, there was a filing on Sunbiz on November 3, 2009, that stated Mark Lundquist was on the Board of Directors. Unfortunately, when I got inside, I found Mark Lundquist's resignation letter to Dean dated August 23, 2010. It stated that not only did he not know he was on the BOD, but in fact had never been asked to attend a meeting or participate in any decision making. This is just one, small, example of the deception that was commonplace in prior management; all of this info has been passed on to our legal counsel.
Best Wishes to all of our shareholders in 2011.
Jeff
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