"Quasar is a Colorado corporation and it realizes the booming market in the MMJ arena. The Company's President, Donnell J. Vigil is originally from Colorado and has significant connections in this location. Quasar has been in ongoing discussions regarding entering the MMJ market and will be providing an update to the shareholders and investment community in the near future as events unfold.
Since the last quarterly filing for the period ended September 30, 2013, the Company has maintained operations and has continued to move forward with its business plan and discover new opportunities, including the MMJ industry. By maintaining its operations and its primary assets, the Company is not a shell as defined by federal securities law. Based on the amount of development and investments by the Company and its subsidiaries, Quasar's management believes that brining the filings current and bringing in new investments and developments is in the best interest of the Company and its shareholders. Therefore, Quasar's management is diligently working on bringing the filings current as quickly as possible to move forward with its development. "
- Go QASP