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Re: doughboy2 post# 260478

Tuesday, 07/17/2012 1:09:17 AM

Tuesday, July 17, 2012 1:09:17 AM

Post# of 375420

that second doc you posted - joe says scott martin does not have deans A's.

If he didn't have them, how did he vote them?



This was the document that you are referring to...an e-mail to Joe Canouse


I was thinking about this and didn't have much time to research much...but found the statute from the Colorado Revised Statutes

Joe Canouse was instated as the CEO of Quasar due to Dean Bradley's Preferred A shares that were held in trust with Scott Martin.


ITEM 1. of the Document (Joe's Response)

(Joe Canouse) I have a copy of my cert ; scott does?t have a copy of Deans



From COLORADO REVISED STATUTES
http://www.lexisnexis.com/hottopics/colorado/



TITLE 7. CORPORATIONS AND ASSOCIATIONS
CORPORATIONS - Continued
ARTICLE 107. SHAREHOLDERS
PART 3. VOTING TRUSTS AND AGREEMENTS

C.R.S. 7-107-301 (2011)

(1) One or more shareholders may create a voting trust, conferring on a trustee the right to vote or otherwise act for them, by signing an agreement setting out the provisions of the trust and by transferring their shares to the trustee. When a voting trust agreement is signed, the trustee shall prepare a list of the names and addresses of all owners of beneficial interests in the trust, together with the number and class of shares each transferred to the trust, and promptly cause the corporation to receive copies of the list and agreement. Thereafter, the trustee shall cause the corporation to receive changes to the list promptly as they occur and amendments to the agreement promptly as they are made.

(2) A voting trust becomes effective on the date the first shares subject to the trust are registered in the trustee's name. A voting trust is valid for not more than ten years after its effective date unless extended under subsection (3) of this section.

(3) All or some of the parties to a voting trust may extend it for additional terms of not more than ten years each by signing an extension agreement and obtaining the trustee's written consent to the extension. An extension is valid for not more than ten years after the date the first shareholder signs the extension agreement, unless such signing occurs within two years before the expiration date of the voting trust as originally fixed or as last extended, in which case the extension is valid for not more than ten years after the expiration date of the voting trust as originally fixed or last extended. The trustee shall cause the corporation to receive copies of the extension agreement. An extension agreement binds only those parties signing it.


You are 100% correct doughboy2...GREAT CATCH!!! I will update this info on my DD page!!! If Scott Martin doesn't have Dean's share certs in his possession and registered in his name...HE CANNOT BE THE TRUSTEE OF DEAN BRADLEY'S PREFERRED A SHARES!!!! If he is not the trustee of these shares, he could not vote out Jeff DiGenova and his brother-in-law (Joe Canouse) in, as CEO of Quasar!!!

I hope all investors thinking about getting into this stock at this moment in time...BEWARE!!!!

GeneO