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""..JEFF DIGENOVA. Aug 16, 2011 a slightly more recent message from him..""

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texkengold Share Saturday, January 21, 2012 11:19:40 AM
Re: Sputnik post# 246707 Post # of 246772

JEFF DIGENOVA. Aug 16, 2011 a slightly more recent message from him. -----------------------------------------------------------------

AlexanderVI Share Tuesday, August 16, 2011 6:26:06 PM
Re: None Post # of 246730

Joe Canouse's post from earlier today [investorshub.advfn.com/boards/read_msg.aspx?message_id=66236630] greatly raised my curiosity, and caused me to write the following letter of correspondence to Mr. Jeff DiGenova:

-----Original Message-----
From: XXXXXXX [mailto:[e-mail]]
Sent: Tuesday, August 16, 2011 04:41 PM
To: [e-mail]
Subject: Shareholder Inquiry

Mr. DiGenova,

I hope all is well with you and yours. My name is XXXX XXXXXXXXXX and I have recently become a shareholder of NHSH. In the course of due diligence, it is nearly impossible not to come across another company that is notoriously impeccably reputable, Quasar Aerospace. I will say that I have become fascinated with the Quasar story and the immorality demonstrated by numerous people associated with it. Over the short course of my investment, I have come to communicate with several individuals who have been involved with Quasar for a long period of time, and they all speak very highly of you. Thus, I would be greatly interested in your thoughts on the following matter:

My focus of inquiry today centers on 5,000,000 shares of Quasar that you received in September, October 2009. You reference these shares in your deposition that was taken on May 10,2011. There have been several individuals who have stated that these shares dumped into the public market & further, that you leveraged your role as moderator on a message board to more easily facilitate the dilution of these shares in to the market. In your deposition, you did state, "I had sold some commons." (pg.13, ln.13)

I have been told that you pumped and dumped Quasar, and I have also been told that the 5 million shares you received were converted into Series B Preferred shares, and not sold into the market at all. I do not know what relationship you have with Mr. Joe Canouse, but, today, he stated to Quasar shareholders in an Investors Hub message board that you, in fact, did sell these 5M shares into the market, and any statement to the contrary is "not true"

Even though I do not like Bill O'Reilly in the least, I appreciate his concept of a "No-Spin Zone", and would appreciate any clarification you may offer as to your history with Quasar/debt wraps, and the the extent that you "pumped and dumped" Quasar as a moderator.

Respectfully,
XXXX XXXXXXXXXX



In response to my inquiry, I received the following:


From: [e-mail]
To: XXXX XXXXXX <[e-mail]>
Sent: Tue, Aug 16, 2011 at 5:45 PM
Subject Re: Shareholder Inquiry

Dear XXXX XXXXXXXXX,

First, I appreciate your sense of humor, although I do wish Quasar was much less notorious, and much more reputable.

I wish I had the time to address all of the false statements and unsubstantiated claims that are floating around me, and any of my business transactions. However, the topic you addressed is one that I feel very strongly about. There is no other way to say it: Joe Canouse is lying to the Quasar shareholders when he states that I sold those 5 million shares that I received in September,October 2010.

After I received the 5 million shares, they sat in my Scottrade account, untouched, until the spring of 2010. In the spring of 2010, I returned the 5 million shares in their entirety to Quasar. Mr. Dean Bradley had told me that the company needed to reduce the OS in order to stay under 900 million shares so that Quasar would have the necessary 600 million shares available in order to finalize the financing agreement with the Clayton Advisory Group. In exchange for my retirement of the 5,000,000 shares (which were worth $102,000 at the time), I received Preferred B series stock that, as of today, is worthless. Mr. Dean Bradley proceeded to illegally max out the AS, preventing myself, and all other Series B Preferred shareholders from converting. This is just a small example of the stock fraud that was committed by Mr. Dean Bradley.

In my deposition, I did state that, "I had sold some commons." To provide you with a little background, prior to my becoming the CEO of Quasar on September 22, 2010, I was an avid day-trader/ investor. That was my job. I initially invested into Quasar in August of 2009. Unfortunately, I believed the story being told by Quasar management and continued to add to my investment in the company, through two debt wraps with the company and through purchases in the public market. I did not begin to liquidate my QASP position until the summer of 2010, after the effort for Jeff Landreth to replace Dean Bradley and assume the operational duties of Quasar collapsed. My statement that "I had sold some commons" is true, but not in the proper context. There were times when I sold a small amount of QASP to invest the money in another investment that I thought had the potential to move quick, etc. Such is the life of a day trader. Additionally, the total investment I had in Quasar exceeded $250,000; I am not going to lie and say that that was not a significant portion of money to me. With that being said, if the need arose around the holidays, I had no issue with selling a small portion of QASP stock to ensure that the needs of my family were met. It's unfortunate that a statement as simple as, " I had sold some commons" can be twisted with such malicious intent as to suggest that I ever pumped and dumped the QASP stock. As a moderator of the QASP board on I-hub, my position in the company grew on a monthly basis. Never, at any point, was I diluting shares into the market for any personal gain. As a moderator, I believed Quasar was a long term investment, and unfortunately, I paid a large financial price for my beliefs.

All that I have stated to you in this e-mail is supported by my personal trading records, which I have willingly turned over to the authorities investigating this situation.

This will all come to light and I look forward to the day when the shareholders can be shown the whole story.

Best wishes,
Jeff DiGenova

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