Quasar Aerospace Industries, Inc.
Quasar Aerospace Industries, Inc. ("QAI") is an integrated aviation/aerospace corporation which has been created to pursue an innovative and highly synergistic business strategy to develop competitive aircraft and train aircraft pilots. This strategy will be achieved through a process by which several businesses in the aviation/aerospace industry will be combined into an integrated and self-supporting network which will have the ability to operate in a more complex strategic environment and to achieve greater success than would have been possible if they were operating purely alone. Within this context QAI will not acquire and operate these business units according to the master corporate plan. Rather, the goal will be for these entities to retain their operational independence and unique corporate cultures. In this fashion, the resources, talents, insight, experience, and market potential of each will be supported and enhanced in a cooperative process which will lead to increased productivity, efficiency, and scalable economies resulting in increased profitability and market relevance.
The key to Quasar Aerospace Industries, Inc.'s strategic vision is centered on two core principles: (1) a phased approach to the development of individual acquisitions and opportunities which will insure early profitability and minimize financial risk through time, and (2) the development of an integrated network of companies whose synergies will enhance profitability throughout the company. Acquisition and operation of existing companies, with a proven track record and significant consolidated cash flow, will ensure that QAI will proceed with the development and expansion of the business plan supported by positive consolidated cash flow from day one.
Quasar Aerospace Industries, Inc. owns the following subsidiaries:
Atlantic Aviation, Inc., a Florida corporation (wholly owned)
Quasar Aircraft Corporation, a Nevada corporation (wholly owned)
Corporate Air Repair, LLC, a Florida limited liability company (wholly owned)
Atlantic Aviation, Inc., a wholly owned subsidiary is in the process of acquiring a FAA Part 141 Flight School. http://www.quasaraero.com/
A-Cent Aviation
http://www.a-centaviation.com/
Learn To Fly
Company Officers
| Joseph Canouse | CEO |
| Donnell Vigil | President |
| William Cirmo | COO |
| Jimmie Carter | CFO |
| Aron Canouse | Other |
Transfer Agent Computershare
350 Indiana Street, Suite 750, Golden CO 80401
T 1 303.262.0678 F 1 303.262.0610
essential.registry@computershare.com
www.computershare.com
"It is Computershare's policy not to provide (this) information on behalf of ANY of our clients; we are not gagged by anyone. As standard procedure, we refer the shareholder to the company to obtain the information."
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(SS will be updated on request by mods - Per Joe Canouse)
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Court Case Docket
https://showcase.duvalclerk.com/ViewCaseDetails.aspx?id=10386337&court=0
Recent Press Releases
07/18/2012 Quasar Provides Corporate Update
07/17/2012 Quasar CEO Interviewed by StockLegends.com
06/14/2012 Quasar Series A Preferred Shares to Be Amended
06/07/2012 Quasar Aerospace Industries, Inc.: Corporate Update
05/14/2012 Quasar Announces Major Share Reduction
05/08/2012 CATS Application Approved, Management Change, Conference Call
04/24/2012 Quasar Applies to Be an FAA CATS Testing Center and Schedules Conference Call
04/19/2012 Quasar Achieves Mass Visibility at First Coast School Expo
04/11/2012 Quasar Applies to Meet Demand for Foreign Students
03/12/2012 Quasar Providers Fuel Revenue
Moving Forward
March 15, 2012 Dear Shareholders:
On behalf of the Quasar Aerospace Industries, Inc. (the "Corporation") we want to address numerous inquires we have received as to available remedies for common shareholders that were mislead by former management in respect to a purported swap of shares of the Corporation. It is our understanding that subsequent to the former CEO's removal as an officer and director of the Corporation on January 27, 2011, the former CEO and representatives of him alleged an arbitrary cutoff date for said swap.
While the Corporation, its officers and directors were not part of these actions and efforts, we have become aware of them in small parts over the course of the last year. The Corporation has also seen the deleterious effects this has had on the Corporation, its shareholders, its stock price and relationships it has and had with various service providers, vendors and debtors of the Corporation. This includes the recent maneuvers by two former CEO's in Court which led to a Court Order forcing a shareholder's meeting. In spite of the Court's directives the two former CEO's are now failing to comply with said Order and have subsequently pled to the Court to reverse the Court ruling to no avail.
We do not have a definitive plan as we do not have all the facts in regards to stock swaps, cutoff date(s), private communications to some "select" shareholders regarding the buying and selling of the Corporation's stock. It has come to our attention that these shareholders were told explicitly not to buy the stock after the record date and subsequently told to sell. The Corporation at this point would like to hear from you as a shareholder. Please supply the Corporation with specific information as to what harm you have suffered by what we will refer to as the "Stock Swap Group."
Additionally, please provide the Corporation with details of shares held and what factors weighed in on your decision to buy or hold the stock in regards to directives or communications from the Stock Swap Group. When you bought the stock and average prices and if you have sold since then or currently hold. If you have any information that corroborates a claim you think you may have, please send it to the following: shareholdersgroup@quasaraerospaceindustries.com
Lastly, if you sent any money to the former CEO for legal bills or any other costs, we would appreciate those details as well. The Corporation will then determine what actions it can take on behalf of its shareholders or recommend an action that may be suitable to you.
Sincerely and on behalf of Quasar
Joseph C. Canouse, CEO
http://www.quasaraero.com/moving-forward/
QASP Investor Summary
http://qasp.qualitystocks.net/ir/#/1/
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11/4/12 - Pictures of the new 2012 Cessna 162 Skycatcher aircraft
More pics:
Last Updated: 4/30/13
