SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* FIREBRAND FINANCIAL GROUP INC (Last) (First) (Middle) 275 MADISON AVENUE 27TH FLOOR (Street) NEW YORK NY 10016 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 06/03/2008	3. Issuer Name and Ticker or Trading Symbol QUERYOBJECT SYSTEMS CORP [ QOBJ ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	205,784	D
Common Stock	2,774,058	I	Held by Dalewood Associates, L.P.
Common Stock	799,229	I	Held by EarlyBirdCapital, Inc.
Common Stock	230,559	I	Held by David M. Nussbaum
Common Stock	20,578	I	Held by Steven Levine

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Senior Convertible Note	06/28/2007	06/28/2008	Common Stock	21,333,333	0.003	I	Held by Dalewood Associates, L.P.
Common Stock Purchase Warrant	06/28/2007	06/28/2017	Common Stock	32,000,000	0.003	I	Held by Dalewood Associates, L.P.

1. Name and Address of Reporting Person* FIREBRAND FINANCIAL GROUP INC (Last) (First) (Middle) 275 MADISON AVENUE 27TH FLOOR (Street) NEW YORK NY 10016 (City) (State) (Zip)

1. Name and Address of Reporting Person* DALEWOOD ASSOCIATES LP (Last) (First) (Middle) 275 MADISON AVENUE 27TH FLOOR (Street) NEW YORK NY 10016 (City) (State) (Zip)

1. Name and Address of Reporting Person* EARLYBIRDCAPITAL INC (Last) (First) (Middle) 275 MADISON AVENUE 27TH FLOOR (Street) NEW YORK NY 10016 (City) (State) (Zip)

1. Name and Address of Reporting Person* NUSSBAUM DAVID M (Last) (First) (Middle) 275 MADISON AVENUE 27TH FLOOR (Street) NEW YORK NY 10016 (City) (State) (Zip)

1. Name and Address of Reporting Person* Levine Steven (Last) (First) (Middle) 275 MADISON AVENUE 27TH FLOOR (Street) NEW YORK NY 10016 (City) (State) (Zip)

Explanation of Responses:

Remarks:

The reporting persons are: Firebrand Financial Group, Inc. ("FFGI"), EarlyBirdCapital, Inc. ("EBC"), Dalewood Associates, L.P. ("Dalewood LP"), David M. Nussbaum ("Nussbaum") and Steven Levine ("Levine"). FFGI is the majority shareholder of EBC Holdings, Inc. ("EBCH"). EBCH is the sole shareholder of EBC and the sole shareholder of Dalewood Associates, Inc. ("Dalewood Inc."). Dalewood Inc. is the general partner of Dalewood LP. Nussbaum is the Chairman of FFGI, EBCH, EBC and Dalewood Inc. Levine is the President and Chief Executive Officer of FFGI and EBCH, the Vice Chairman, Chief Executive Officer, President and Managing Director of Investment Banking of EBC and Chief Executive Officer of Dalewood Inc. Each reporting person herein disclaims beneficial ownership of the reported securities except to the extent of each reporting person's pecuniary interest therein.

	/s/ Firebrand Financial Group, Inc., by Steven Levine, President	06/06/2008
	/s/ Dalewood Associates, L.P., by Dalewood Associates, Inc., General Partner, by Steven Levine, Chief Executive Officer	06/06/2008
	/s/ EarlyBirdCapital, Inc., by Steven Levine, Chief Executive Officer	06/06/2008
	/s/ David M. Nussbaum	06/06/2008
	/s/ Steven Levine	06/06/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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