Are you an insider Britpack to refute me.
No one has yet to produce proof that there is a real exchange i.e Private Placement taking place. Time has proven my statements to be true, and it will continue to do so until some one can prove me wrong.
All, you and others have been successful at is bashing as a measure to refute my claims, and performing cross board antics to discredit me( thanks for the entertainment). BTW, did you hear of the Apocalypse Claim(LOL), because their claim as to the world coming to an end is about as comical as the exchange happening. You know they keep pushing up the date in hopes that their word hits the mark, something like the hopes of those hoping for the exchange (just asking cos seems like hope goes hand and hand of something proposed to happen but never will).
And, again I will say this time and time again. I speak from knowledge being there first hand not from an assumption as I know you and other minions who have posted in an attempt to silence me would hope that I am lying and don't know crap.
To answer you:
1. I, was there when all this mess formulated. Quasar was foreign to Centacom and vice versa until I made the connection. I was privily to a lot of these that I have not post or provided in email corresponding between me and everyone involved. So, therefore everything I state is very well founded.
2. What, I do know is that what you refer to is a statement supported by no means of proof to suggest that what you got was accurate knowledge of the math. You seem smart do the math. how is it that you can equate 500mil @ a 10:1 which at the time is 50mil of Centacom shares given you 22% of the company. Note* any real offer is suggested at a fixed price offering not according the current price. In order for a real exchange to take place the merging company has to provide a formal notice to ALL shareholders including the company which is Quasar which they did not. Now this does not correlate with this proposed Private Placement:
a private placement is offered to a few, select individuals, the placement does not have to be registered with the Securities and Exchange Commission. In many cases, detailed financial information is not disclosed and a the need for a prospectus is waived. Finally, since the placements are private rather than public, the average investor is only made aware of the placement after it has occurred.
This is what makes their knowledge very suspect to securities law, because you can not offer a share exchange and call it a Private Placement, because of the terms one is offered to a select few which by means in securities suggest QIB's and not a public offering and that is what an exchange is a public offering. So how can an exchange be a Private Placement?
3. Here is what everyone has missed in the translation. James wanted to obtain Quasar for free. All they asked for was for him to acknowledge the creditors debt and he could have Quasar lock stock and barrel. No one blocked James but this is what they would want you to believe.
4. No, you are right I am not the Judge in this matter, but after the Judge agreed by virtue of ordering the increase, and advised Jeff since he has a new company to move on it will pretty much be the same Thursday. What you and others do not realize is that Jeff's counterclaim is against Dean and that Dean got rid of him when he supposedly brought to light the matter of corporate fraud. Sounds good right. Well here is the reality:
A). His counterclaim will be dismissed on the premises that Dean did not filed the charges against him Quasar's Attorney did, you can not mention someone in a counterclaim who did not level charges against you.
B). Florida's statue support's this under the whistle blowers act, in which Jeff's Attorney could be fine for this action.
C). Furthermore, Jeff's claim is that he had an employment agreement, but not in writing, nor verbally stated, but simply implied. Just for the sake of argument neither claim would hold up because in the Corporate Bylaws a Board Member and or Officer of Quasar can be removed with or with out cause.
D). In, Jeff's counter he has fail to support reason for unjust removal and the Dean ticket just won't hold up because Dean has not been a board member or officer of Quasar since he stepped down amongst other items stated.
5. I, have to totally disagree with you on this one Brit. Even in the last CC James/Jeff eluded to this fact. This was the plan from jump acquire Quasar through means of a majority and force a vote to replace the BOD and Management.
If, Centacom had money there would be no need for the periodic sell of shares into the market. See, this a common place especially in the market. To pump the price you do what is call tape shredding in whereby you buy a large quantity of bonds or stock and sell them at a suggested price. In, this case to prevent the obvious they sell gradually before they are force to sell off at a steady pace. NHSH, was never purchased therefore Jeff is still on the hook for the investments made by his investors. Common sense would tell me why go through all the trouble if I am supposedly holding all of this money to the tune of 5 to 10 mil in ventured capital, Why would use this play and raise the O/S, and leave the float to appear tight when in fact the free trading shares is what is actually reserved for existing debt held by investors.
And here again I will emphasize I am not a spokesperson for Quasar, and I am not a NHSH/Centacom bashing individual, I hate lies that are masked to appear genuine. This the Dean Bradley show all over again, just under a new company name but all involved that company are borrowing for the Dean play book. If you go back and do your DD you will find that Dean even in his PR's said once "We Do not Need to Sell Shares, The Company Has Enough Revenue To Sustain".
