JEFF'S LATEST BLOG: (ALL LONGS BACK JEFF/JAMES 1000%)
Shareholder Update:
Posted by jeffdigenova at 8:31 pm, March 27th 2011.
When I accepted the responsibilities of CEO, I felt it was my duty to review all past activities and records of the company as a basis for my future plans with the company. To say the least, the records were in disarray and did not in most circumstances correspond to what, when and where the actions took place.
Obviously, I was in a quandary; should I resign, stumble forward, or seek clarification with the various federal and state supervising and investigative authorities for determination of possible mistakes and/or misconduct. Since October 2010 to date, I have devoted countless hours and resources with these authorities seeking a just resolution. My actions of going to the appropriate authorities have greatly angered prior management, as well as certain business associates of theirs; said personal feelings have in turn resulted in a complaint which affects me, personally. The court date is scheduled for April 5, 2011. This will provide a venue for me to finally get all of my cards on the table. As CEO, I have worked to get this company to the threshold of winning, of securing a return of investment for our shareholders, and this will be the last obstacle in not only affirming the company's management structure, but also in preventing the company from moving forward.
I am continuing to work with Mr. James Owens of Centaflix Corporation; Centaflix remains committed to returning value to the Quasar shareholders and working with the shareholders well into the future. This past week, decisive action was taken that we believe will ensure a secured value for all common shareholders of Quasar
A further update will be made available this week.
Jeff DiGenova
CEO & President
Quasar Aerospace Industries, Inc.
a/k/a Quasar International Holdings, Inc.
