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ORCA

01/31/11 7:34 PM

#210138 RE: tom favata #210134

Hmm.I guess he was to have bigger news.Interesting.I will have to pay higher prices now.Damn.
I planned on a very thorough update; unfortunately, the actions of today preclude me from doing such.
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r2g2

01/31/11 7:36 PM

#210144 RE: tom favata #210134

Jeff comes through as promised... but weak on detail for the moment.
Please ladies and germs, don't let's spend the next few days complaining about his being too busy to write a full reportski. Let's celebrate that the guy's for real and be respectful of his efforts. I certainly am.
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Infinitygold

01/31/11 10:18 PM

#210233 RE: tom favata #210134

Well Jeff really needs to get Dean under control because things like this doesn't look good from an investors point of view. Its good that James Owen and Ashok Mohan are working together with him.

Jeff pretty much said the same stuff here and it have been two months and here Dean acts again:::

A Letter to Quasar International Holdings, Inc. Shareholders
Posted by jeffdigenova at 10:43 pm, December 10th 2010.
I would like to clarify the events that took place today, December 10, 2010. Dean Bradley sent his attorney, Jeff Ludwig, to our office this morning. Dean had arranged to have Mr. James Ray present also. Mr. Ludwig attempted to call a special meeting of shareholders. I told him that his attempt at a meeting was a farce because, having reviewed the company's records, I can find no evidence that Dean Bradley was ever validly issued any shares. The Preferred A's Dean claim’s to own do not exist as they had never been validly created. Among other things, that class of shares never received appropriate (and necessary) board approval. I asked Mr. Ludwig for the documentation proving he had the authority to act on Mr. Bradley's behalf, but he had nothing to offer.



Furthermore, the following is the exact language from Dean's resignation letter:



“In addition, the undersigned covenants and agrees to enter into a voting trust agreement (the “Trust Agreement”) substantially in the form attached hereto as Exhibit A promptly following the execution hereof. From the date hereof until the Trust Agreement is executed and delivered, the undersigned covenants and agrees to refrain from voting, directly or indirectly, any capital stock of Quasar International Holdings, Inc. owned or controlled by the undersigned.”



Accordingly, even if Mr. Bradley had shares, he would still have no right (nor be able to transfer that right to anyone else) to call a special shareholder meeting because the Trust Agreement has never been validly established.



I have everything documented and we will be meeting with our attorneys this coming week to put this matter to rest once and for all.



Joshua Henderson wishes to state to the shareholders: “ The Colorado Secretary of State filing was not filed on my authority nor did I ever sign anything for it to be posted. I will be going with Mr. DiGenova to our attorneys and will work with him to bring this to a positive conclusion for shareholders.”



I will be notifying the Colorado Secretary of State of this erroneous and unauthorized filing first thing Monday morning.



Please note additionally that Mr. James Ray and Mr. Robert G Richards are not members of the Board of Directors. Mr. Richards, a long time shareholder and friend of the company, was not even in attendance of the supposed meeting called by Mr. Ludwig; although he did come and meet with myself, Mr. Ray, and Mr. Henderson later in the day. It was then agreed that, after this legal issue is resolved, they would be willing to join the board. Mr. Ray commented, “I have a long career in the aviation industry, and if possible, I look forward to providing my experience in helping current management move forward.” Mr. Richards added, “If possible, I look forward to helping current management in protecting shareholder equity.”



I have been here for about two and a half months. My intentions from day one were to do the right thing: clean up the mess Dean created and protect shareholder value. I still believe we can bring this to a positive conclusion and I will continue on that path. I will conclude in saying I have not been paid to date and have incurred expenses in excess of $50,000. This needs to be a team effort moving forward because not only have I put my financial well-being at risk, but it has been a great sacrifice to my family. I look forward to updating shareholders next week on these events.



Jeff DiGenova

CEO & President

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samplescave

01/31/11 10:27 PM

#210235 RE: tom favata #210134

LOL! Just as I expected!

Nothing here as far as "EVERYTHING BY THE END OF THE MONTH"?!?

Just another Fluff Blog.

At least Dean had enough class to spend some of the Shareholders Money and do a real Fluff Press Release!

LOL!

Update to Shareholders
Posted by jeffdigenova at 6:27 pm, January 31st 2011.



I planned on a very thorough update; unfortunately, the actions of today preclude me from doing such. (I'm so sure Jeff was just going to scribble the "EVERYTHING" Events real quick today, but the so called "Phoney" SOS Filing interupted him! LOL!) I spent the day with many attorneys and legal representatives. Quasar shareholders have been through this scenario once before, and this will be the last time. I have not been here for the past four months fighting for nothing. This fight has always been to not only preserve the remaining shareholder value, but to bring real value.



This afternoon, I met with the founder and majority owner of Centaflix Corporation, James Owens, as well as the President of Centaflix Corporation, Ashok Mohan. Our meeting was also attended by legal counsel via a conference call. Mr. Owens wanted me to relay his statement: “I have no reservations about going forward and am going to aggressively assist the Quasar shareholders in cleaning up all issues pertinent to the proposed merger with Quasar.”



Not only do I appreciate Mr. Owens’ support, but I believe that it says much about the content of his character. Quasar shareholders would be very fortunate to have such an individual leading this company into the future.



I will close in stating that I have extreme confidence in our legal counsel and believe that the evidence is on our side. There will be further updates throughout the week as more information is able to be released.



Jeff DiGenova

CEO & President


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andy8033

02/01/11 12:16 AM

#210291 RE: tom favata #210134

where was this posted?
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Porgie Tirebiter

02/01/11 8:44 AM

#210338 RE: tom favata #210134

OK, so Mr. DeanGinova is telling us in this message that he is reneging on the promise to update the shareholders by the end of January.

Quasar shareholders have been through this scenario once before, and this will be the last time.

I think he is saying that this will be the last time the A/S will be doubled. We'll see if he eventually reneges on that promise too.


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crazy horse 0

02/01/11 9:43 AM

#210377 RE: tom favata #210134

Jeff is Quite the Man

My appreciation goes out to Jeff, keep up the fight my friend.



Update to Shareholders
Posted by jeffdigenova at 6:27 pm, January 31st 2011.



I planned on a very thorough update; unfortunately, the actions of today preclude me from doing such. I spent the day with many attorneys and legal representatives. Quasar shareholders have been through this scenario once before, and this will be the last time. I have not been here for the past four months fighting for nothing. This fight has always been to not only preserve the remaining shareholder value, but to bring real value.



This afternoon, I met with the founder and majority owner of Centaflix Corporation, James Owens, as well as the President of Centaflix Corporation, Ashok Mohan. Our meeting was also attended by legal counsel via a conference call. Mr. Owens wanted me to relay his statement: “I have no reservations about going forward and am going to aggressively assist the Quasar shareholders in cleaning up all issues pertinent to the proposed merger with Quasar.”



Not only do I appreciate Mr. Owens’ support, but I believe that it says much about the content of his character. Quasar shareholders would be very fortunate to have such an individual leading this company into the future.



I will close in stating that I have extreme confidence in our legal counsel and believe that the evidence is on our side. There will be further updates throughout the week as more information is able to be released.



Jeff DiGenova

CEO & President

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Hedge Starz

02/02/11 2:35 PM

#210763 RE: tom favata #210134

just put dean in jail. that will make many rejoice.
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bigtoe1963

02/03/11 2:28 PM

#211087 RE: tom favata #210134

I've got a Question about this statement

I will close in stating that I have extreme confidence in our legal counsel and believe that the evidence is on our side. There will be further updates throughout the week as more information is able to be released.

So they are more than likely fighting Dean in court.What scares me is the fact that he, not legal counsel has the confidence that evidence is on his side HMMMMMM.
Now add that to the statment the Merger will be null and void if Dean is involved I'm affraid Dean is already involved.