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11/19/10 12:23 AM

#203061 RE: kfan624 #203056

Message from Jeff
http://www.quasarinternationalholdingsinc.com/news.html

-----Forwarding--------------
General Update from the CEO
Posted by jeffdigenova at 11:00 pm, November 18th 2010.

I would like to address the shareholders on a few issues. The website was designed free of charge by a couple of Quasar shareholders and it is very much appreciated. I will try to keep this blog current and we will release PRs only when we have a material event to announce. We are working with several lenders and exploring every option available, but this process takes time. I am working with no pay, staying in a hotel, and have been in Jacksonville at the office Monday thru Friday every week since I took over. If I didn't believe we could be successful I would not be here.



As for the replies we receive about the many bloggers spreading untruths, I can not control what is said. I will say that the truth is far from what these people post. For instance, we received inquiries yesterday about Atlantic Aviation and Corporate being out of business. All one has to do is call Herlong Airport and ask. Both are operating and doing well considering the economy we are all fighting. Also, no one has gotten a free pass here, but the proper authorities will handle any issues from previous management. Unlike the previous administration, we do not care to waste time addressing these characters and will let our actions speak for us. Anyone that would like to visit is welcome, just contact IR@quasarinternationalholdingsinc.com



Thanks to all for your patience and support!



Jeff DiGenova

CEO & President