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Re: MarketGeometry post# 213812

Thursday, 02/10/2011 11:03:48 PM

Thursday, February 10, 2011 11:03:48 PM

Post# of 375420
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Update to Shareholders
Posted by jeffdigenova at 10:02 pm, February 10th 2011.

I have received many inquiries about today's news story. Mark Basch has told me there would be follow ups on this story over the coming days. I have no doubt I am still the CEO of Quasar Aerospace Industries, Inc, a/k/a Quasar International Holdings, Inc. Some have wondered about the name issue with the company so let me explain. Prior management had a way of doing business in which "slight" details like actually filing a name change with Finra eluded them. When I took over, the company was doing business as Quasar International, had previously PR'd this change(07/23/2010), and had filed a "change of entity name" on Colorado SOS(08/03/2010). This filing of "change of entity name" is just another example that while it looks good, one must do things legally for them to have force.



I am not here to pass judgment on anyone, but as the CEO I have a fiduciary responsibility to protect our shareholders. Being the CEO does not make one all powerful, and while I wish I could do more, it is up to the proper authorities to go through the evidence and prosecute any and all guilty of crimes. I have complete confidence in justice being done.



It may be a good time to let those responsible for the recent filings and this "supposed" raising of the AS an additional 1.5 billion shares to hear from those that have not only paid for, but truly are the owners of this company: the shareholders. Everyone knows my stance and that is why I put Computershare on notice.



Please be respectful in all communications, and as always, thanks for all your support.



Jeff DiGenova

DANCING SPIDEY IS SPICY!!!!