Green Energy Enterprises Inc. (GYOG)

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Jeff DiGenova, CEO and President of Quasar, contacted the appropriate authorities in early October of 2010 to report alleged fraudulent business activities by prior management. Since Quasar’s initial contact with the authorities, the Federal Bureau of Investigation, the Securities and Exchange Commission, the Internal Revenue Service, the State Attorney’s Office, and the Jacksonville Sheriff’s Office are involved in the substantial investigation of fraudulent activities on the part of certain prior management and accomplices. Quasar, in cooperation with the Federal and State authorities, is currently preparing documentation requested by subpoena concerning the alleged criminal conduct of Dean Bradley and his accomplices.