News Focus
News Focus
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KJAX

09/09/10 10:21 AM

#188108 RE: Verity #188107

Thanks for the update
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Pennydog

09/09/10 10:21 AM

#188109 RE: Verity #188107

"permanently removing Dean from daily operations". Got to love that. Now to hope it happens.
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weeblewobble09

09/09/10 10:22 AM

#188110 RE: Verity #188107

so many new carrots. Yeah!
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guy-robert

09/09/10 10:22 AM

#188111 RE: Verity #188107

niceeeee this feels like Christmas knowing dean will be leaving imo
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drudy23

09/09/10 10:23 AM

#188112 RE: Verity #188107

Thanks for the update...is Dean one of the parties working "daily and diligently" to get funding...or is his inclusion in this process viewed as counter-productive?

Thanks.
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Sparce

09/09/10 10:24 AM

#188113 RE: Verity #188107

At this time a new five (5) member board of directors have been unanimously agreed to, once the above items are confirmed.

---> By Whom??????? When were the shareholders informed/voted on the change in the BOD?
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double_d

09/09/10 10:27 AM

#188116 RE: Verity #188107

Thanks...since the company is keeping shareholders in the dark this is much appreciated.
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Stockfire409

09/09/10 10:28 AM

#188117 RE: Verity #188107

Thank you for your update and keeping timelines:

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4jim

09/09/10 10:29 AM

#188118 RE: Verity #188107

thanks for keeping us in the loop. it's good to hear something is going on!
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Hedge Starz

09/09/10 10:30 AM

#188120 RE: Verity #188107

WHat will locking up dean's preferreds do if it is only short term? We need his ludicrous preferred amendment reamended. The man deserves only the stock he bought and the loans he made.
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creapingman

09/09/10 10:36 AM

#188124 RE: Verity #188107

TY for the update. How ever a few questions. IN your Sept 3 post you said mid week this week. Why the extension again? In your view is this a positive for all of us, the common shareholder? Any light you can shine on this rather dark hole would be greatly appreciated. TY
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WillyburgD

09/09/10 10:43 AM

#188128 RE: Verity #188107

Thank you, sir.
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Investman432

09/09/10 10:44 AM

#188129 RE: Verity #188107

Excellent update. However, just locking up the Series A Preferred Dean holds into a trust is not sufficient - the draconian conversion terms must be completely eliminated. Even a single Series A Preferred share entitles the holder to 9 billion common shares, whether or not its in some trust.

Can you confirm (or deny) whether a reverse merger with Apex is in the works. IMO, none of the QASPs operations are worth spit, therefore Apex and its management offer ray of hope.

What is the reality with Mineseeker? Why was the demonstration canceled? Is the technology up to par for a demonstration on a helicopter or small plane, rather than blimp. How much has Qasp funded in real cash to MS, and how much real cash has Dean delivered in satisfaction of his generous announced donation.

Who benefited from the 1.2 billion share dump this past year, since so little of the cash arrived at the company per the March 31 financials at OTC Markets. Are audited statements forthcoming shortly?

Can you elaborate on this statement "At this time all parties responsible for “Funding of Mineseeker” and “Funding for ALL acquisitions” are working daily and diligently." Who are these parties? What is being accomplished and what amount of funding is realistically possible? (I know people who come to work daily and work diligently, but they accomplish nothing). Your comment is as vague as anything Dean ever said.
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RoboTrader

09/09/10 10:47 AM

#188132 RE: Verity #188107

Unfortunately, this update means nothing to shareholders, other than further delays.

$1 in Sept!
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rl71852

09/09/10 10:47 AM

#188133 RE: Verity #188107

Thanks for update however we are still in the dark with no facts to check out since most of us do not know who you are this info has to be taken with a grain of salt. However anyway this can help is greatly appreciated.
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copper7

09/09/10 10:54 AM

#188139 RE: Verity #188107

Next week? again? is that a dean week or a regular week. Are we still sueing us shareholders and Ihub? fwiw I still get form emails saying: "we are out of office or in meetings and cant answer your questions" and I hav'nt emailed a question in months. must be a form email.
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baldeagle9999

09/09/10 11:13 AM

#188156 RE: Verity #188107

Thanks!
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fgrimes

09/09/10 11:46 AM

#188169 RE: Verity #188107

good work and thanks. although i wish 'early next week Sept 13 -15' was today, i can wait. Go Dean!!! Literally, time to go ;-)
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crazy horse 0

09/09/10 11:52 AM

#188171 RE: Verity #188107

Thank You Sir.

That explains the Black out period going on. My appreciation to you Sir.
***************************************

UPDATE, as promised:

Because of my special relationship with all the individuals within the company from the beginning of the March 17, 2009 merger between Equus and Quasar, I felt it was my duty to step up and speak out.

This line quoted from my Sept 3 posting, still stands, at least until early next week Sept 13 - 15:

“I have been in contact with all parties involved and believe we will see this come together, so at this time I see no need for further action on my part. I have told all parties concerned that I expect to see positive results concerning our new Management team by mid next week for my cooperation to continue.”

I do not expect, nor will I offer another delay, Dean has heard the message, load and clear.

Summary of what my efforts have accomplished todate:

At this time “Trust” documents to lock up Dean’s Common and Preferred shares are in draft, awaiting final legal review and final signatures.

At this time “Consulting Management Agreements, which include methods permanently removing Dean from daily operations” are in draft, awaiting final legal review and signatures.

At this time a new five (5) member board of directors have been unanimously agreed to, once the above items are confirmed.

At this time all parties responsible for “Funding of Mineseeker” and “Funding for ALL acquisitions” are working daily and diligently.

Read my prior posts leading up to today’s message:
Aug 25
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53718127

Aug 27
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53809741

Sept 1
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53943941

Sept 3
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54070783

Sept 7
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54124849
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54127690

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foxsea

09/09/10 1:45 PM

#188221 RE: Verity #188107

To lend some credulence to your "special relationship", perhaps you will be more definitive of same, or provide some bonafide reason for your reluctance to do same. In other words Verity, WTF are you, and why should anyone faith and trust you anymore than we have The Dean. I've been QASP and holding HEAVY for to long, but still not without hope.
At this dismal sp may as well let it all slide, but I really don't need such a large capital loss this tax season. It's been a crappy enough year in the real business world.
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boatman

09/09/10 1:55 PM

#188227 RE: Verity #188107

'Verity',Will you be one of the "5"? Does anyone other than me see manhandling deans shares as blackmail or exhortion?
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investbernie

09/09/10 5:17 PM

#188294 RE: Verity #188107

Verity,

Bring the heat, and don't let up!

Many here will never understand the quote... "Sometimes you must believe, before you can see".

It's a new day, and it's our day. No more BS, we stand up for that which is true and just!

Best Regards, Bernie

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joelotto

09/09/10 5:35 PM

#188301 RE: Verity #188107

At this time “Trust” documents to lock up Dean’s Common and Preferred shares are in draft, awaiting final legal review and final signatures.

Doesn't Dean hold Preferred shares that if converted would take the AS up over 9bil??? What does locking these shares up do???He will still hold voting control upon conversion and major dilution and this will be talked about over and over even if some sort of deal is made. Would be good if Dean was placed in the same shoes as the shareholders that bought at .03 and below. Would be nice if who ever is doing all these documents looked at how much Dean invested of his personal money and chop it down to 1/10 and the only way he will see his money(break even) is when the pps goes from .0025 to .025.
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homey_g

09/09/10 6:26 PM

#188305 RE: Verity #188107

Thank you! Should get interesting!
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boatman

09/09/10 10:43 PM

#188342 RE: Verity #188107

Well qasp now has the perfect setup for a 3 to 5 billion share increase.And with out a lot of share holder grumbling. The same old pink trick is being played out here. Out with the evil management. In with the knights in shining armor. Do a A/S increase to make a multimillion dollar loan come true. Out with the old. In with the new. Just like the equs to qasp thingy.
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NikitaG

09/10/10 11:30 AM

#188415 RE: Verity #188107

Thank you, Verity. Keep after him. Dean has had all the time he deserves. From past history, we know he will try all the delaying tactics available to him. No more extensions, Dean needs to go now. It is obvious, Dean is the problem, not part of the solution. Those preferreds also need to go, QASP does not need a poison pill, so detrimental to the commons. Whatever the next step to remove Dean, it needs to be done asap. I am sure that you have the unwavering support of the majority of the commons.
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pasha_one

09/10/10 12:08 PM

#188425 RE: Verity #188107

Verity, thanks for keeping us updated.
it will be interesting to see what develops out of all this, thats for sure. :)

thanks!
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iwondertoo

09/14/10 6:28 PM

#189355 RE: Verity #188107

I know that what you are doing, you are doing because you feel it is right.......but, IF funding is as close as you say, and what Dean has been working towards is really at the gate....is now the right time to blow up the stock? This whole episode has really hurt the shareholders, and many of us are hurting badly already, and need to be able to make a recovery. Don't let your desire to make your point, hurt the common shareholders who cannot afford the loss as well as you can. Please.

GLTUA
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double_d

09/14/10 6:51 PM

#189358 RE: Verity #188107

Events should get very interesting from here.

I have been in contact with all parties involved and believe we will see this come together, so at this time I see no need for further action on my part. I have told all parties concerned that I expect to see positive results concerning our new Management team by mid next week for my cooperation to continue.

I do not expect, nor will I offer another delay, Dean has heard the message, load and clear.

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artfink

09/15/10 10:41 PM

#189786 RE: Verity #188107

I think Veritys silence is Golden. I believe things have been ironed out. Good news is coming.