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Sputnik

08/21/10 11:47 AM

#180737 RE: LCLiving #180735

Well, these guys are management consultants. They are not leaving their current positions, so they are not putting much on the line. They will not be around for long. Take it to the bank. I have not been incorrect in my QASP analysis.

The executive consulting management team will now be in the hands of Jeffrey Landreth, Chief Executive Officer, Gene Johnson, Chief Financial Officer



Example of executive consulting management...........
http://emcemc.com/process.html



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Sharktnk

08/21/10 12:08 PM

#180741 RE: LCLiving #180735

These guys are the real deal and anyone that has done any DD at all knows that you just can't say anything bad about them. That leads one with any intelligence to wonder why they would put their reputations and credibility on the line for a stinky pinky? Intelligent investors would surmise that obviously, no one would do so unless they believed it had a real chance for success.




There is no doubt JR ... The further you delve into this the more remarkable it becomes. I am researching into Gene Johnson as well,

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53407732

And that trail is leading to just more and more ... This is just absolutely brilliant.

I think we have seen how weak the attempts to discredit this info have been. Like hunting for a Grizzly with an empty gun, they will not like the outcome, lol.



Incredibly weak, it's actually quite sad the attempts to mar these reputations even before they get started. This whole thing has taken on a new perspective and a new professionalism by their mere association, let alone becoming our new CEO and CFO.

You almost have to pinch yourself that this came through just this week ... Worth seeing again.

NEWS 8/17/10

Quasar International Holdings, Inc. (Formerly Quasar Aerospace Industries, Inc.) Announces New Management Team 08/17 08:01 AM



JACKSONVILLE, FL -- (MARKET WIRE) -- 08/17/10 -- Quasar International Holdings, Inc. (PINKSHEETS: QASP)
Dean Bradley steps down as CEO/President of Quasar International Holdings, Inc. and announces the appointment of a new management team.

Dean Bradley said, "I am delighted to announce the appointment of a new management team, with immediate effect. My original vision -- to create a group of companies with complementary, ground breaking technology and products -- is in place. I brought the company to a point where we have agreed on exciting acquisitions and now need to secure the inward investments to carry this through. Several funding deals are in the final process of negotiation and the new appointments will provide a dynamic and talented team with the experience to move through to completion." He added, "I will serve as Chairman but the running of the company will now be in the hands of this exciting and determined team. The Mineseeker Operations acquisition will be the first to complete, giving us our first high profile international business interest. We have agreed to a short extension with Mineseeker Operations management to facilitate the new team's completion of funding and closing the MINESEEKER acquisition as its first priority."

The executive consulting management team will now be in the hands of Jeffrey Landreth, Chief Executive Officer, Gene Johnson, Chief Financial Officer and Lisa Betros, Chief Operating Officer. Each of these officers have agreed to join the board with their new responsibilities to assist the company in connection with the completion of fund raising, the finalization and closing of the Company's various investments and acquisitions, and with the organization and administration of the holding company and its subsidiaries.

With these appointments, Quasar is expressing its commitment to finalize its funding packages and closing on its remaining acquisitions. Dean Bradley will work diligently with the new Senior Management Team to pursue the company's goals and objectives. In announcing these appointments, Mr. Bradley says, "We are very proud and excited to be able to attract the talent and interest of people such as Jeff Landreth and Gene Johnson and to secure a much more expanded commitment from Lisa Betros who has served as Sr. VP for the past two years. They will provide solid, proven management, administrative and leadership skills for the company as we continue to move forward with the implementation of our vision."

Jeffrey Landreth commented, "This is an exciting venture and I firmly believe that Dean Bradley's vision in lining up world class acquisitions will create a unique and high profile technology group." CFO Gene Johnson added, "After funding is completed, Quasar will be in a position to deliver real and sustainable shareholder value." Moving up to COO Lisa Betros said, "Having worked at Quasar for two years I have great confidence that the new group, together with its acquisitions will fulfill the potential in which we all believe."






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Makamai

08/21/10 2:24 PM

#180751 RE: LCLiving #180735

JR - it doesn't take a whole lot of intelligence to see what is going on here. Dean's initial plan, based on one of his CC's, was to announce the new CEO July 1st, based on receipt of funds orchestrated by Newby and completion of the first 5 or so acquisitions. That didn't happen. So Dean finally decided not to put all his trust in a single lending source and he began beating the bushes to shake out as many possible sources of funds as possible. According to IR, he is working with at least 5 different sources, 2 of which are major banks.

Now put yourself in the lenders shoes for a moment. If you were going to lend millions of dollars to a start up, wouldn't you want more than just a paper commitment that credible management would be put in place prior to lending the company that kind of money, rather that gambling that it would happen afterwards? Certainly with the credentials that Gene and Jeff bring to the table, as a lender or investment group, it would be a much easier sell job to your lending committee and/or investment group with them committed and onboard first. Look at the flip side as well. Would Gene and Jeff put their futures in the hands of a company that wasn't going anywhere and had no funding sources ready, willing and able to fund Quasar's acquisitions in the very near future? Do the math folks, it's not that hard!!

Makamai