Update to Shareholders
Posted by jeffdigenova at 6:27 pm, January 31st 2011.
I planned on a very thorough update; unfortunately, the actions of today preclude me from doing such. I spent the day with many attorneys and legal representatives. Quasar shareholders have been through this scenario once before, and this will be the last time. I have not been here for the past four months fighting for nothing. This fight has always been to not only preserve the remaining shareholder value, but to bring real value.
This afternoon, I met with the founder and majority owner of Centaflix Corporation, James Owens, as well as the President of Centaflix Corporation, Ashok Mohan. Our meeting was also attended by legal counsel via a conference call. Mr. Owens wanted me to relay his statement: “I have no reservations about going forward and am going to aggressively assist the Quasar shareholders in cleaning up all issues pertinent to the proposed merger with Quasar.”
Not only do I appreciate Mr. Owens’ support, but I believe that it says much about the content of his character. Quasar shareholders would be very fortunate to have such an individual leading this company into the future.
I will close in stating that I have extreme confidence in our legal counsel and believe that the evidence is on our side. There will be further updates throughout the week as more information is able to be released.
Jeff DiGenova
CEO & President
