http://finance.yahoo.com/news/quasar-provides-corporate-announces-2012-113500459.html http://finance.yahoo.com/q/is?s=qasp http://finance.yahoo.com/news/quasars-jacksonville-141-satellite-location-135819192.html http://finance.yahoo.com/news/quasar-enters-letter-intent-holdings-140000482.html http://www.marketwatch.com/story/quasar-settles-litigation-with-nhs-health-solutions-2013-01-16 http://www.marketwatch.com/story/quasar-announces-arrival-of-2012-cessna-162-skycatcher-2012-11-01
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
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.
ATLANTIC AVIATION,INC (AAI)
Atlantic Aviation, Inc. (AAI) – This Company is a wholly-owned subsidiary of Quasar Aerospace Industries, Inc. (QAI) which operates a flight school at Herlong Airport in Jacksonville, Florida, and plans to develop and operate flight schools nationwide and train aviation professionals around the country. AAI personnel are highly qualified and experienced and stand by its training program. AAI currently holds a 95% graduation rate and offers a “check ride guarantee” for its aviation students.
In 2010, Atlantic Aviation, Inc. (AAI) introduced and made available the following new products and services:
- Business Travel Training Program, allows you to grow your business while you learn to fly. The program is easy, convenient and cost effective. You set the schedule, you select the destinations, you determine the trip length: 1 day, overnight, extended stay.
- High Flying Birthday Celebration, the 3 hour event that includes: Barbeque, aircraft flight, plane exploration, photo certificate, aircraft cake, flight simulator event and an aviation themed party bag.
- Air Safari, enjoy exciting overnight get-away packages while you learn to fly; Key West, Charleston riverfront, Biloxi casinos, Ashville Mountains. You will be flying with one of our FAA Certified Flight Instructors. The tours depart from our facility at Herlong airport and arrive at the destination around 17:00. The tours arrive back in Jacksonville the flowing day around 16:00.
Atlantic Aviation, Inc. (AAI) operates a flight school at Herlong Airport in Jacksonville, FL. The program runs for approximately 6 months and each student pays $66,000 for the full program. Once the initial school is operational, the goal is to market this “School Concept” as a turn-key franchise opportunity to aviation professionals around the country. AAI has signed a letter of intent with a group from India to train foreign flight students and has submitted an application to the U.S. Secretary of State for approval for this operation. When the program begins, the company will add five students per month until they are fully operational with 35 students in training at all times at varying stages of training and a full capacity. At full capacity the one school could generate approximately four million dollars in revenue with margins ranging from 38-45%. In September 2009, AAI completed the installation of a state of the art flight simulator. This major addition will greatly enhance the flight training operations and facilitate the expansion of the Company’s flight training business. In addition, AAI acquired two twin engine trainers to add to the flight school training aircraft.
Atlantic Aviation, Inc. (AAI) is subject to the rules of the Federal Aviation Administration. The flight school must operate under the rules and guidelines set by the FAA to maintain its qualification
Atlantic Aviation represents a full-time commitment, by both itself and affiliated trainees, to produce a quality flight training environment.
As part of our commitment to you, we will provide personalized training, a broad range of classroom lectures, regularly-scheduled simulator time with our state-of-the-art Redbird Flight simulators, and use of our aircraft for practical examinations, all at no extra cost.
We are here to provide you with superb training with Gold Seal flight instructors and advanced-instrument ground instructors.
We will provide you with the best training and expect only your best in return. At Atlantic Aviation, students will graduate with the excellent fundamental skills of flying, giving them an advantage to complete their goals of flying for the airlines.
JACKSONVILLE, FL, July 31, 2013 - (eTeligis via Accesswire) - Quasar Aerospace Industries, Inc. (QASP) (“Quasar” or “the Company”) is pleased to provide this update to its shareholders and the investment community.
Quasar operates two flight schools as wholly owned subsidiaries of the Company. Both A-Cent Aviation, Inc., located in Colorado Springs, Colorado, and Atlantic Aviation, Inc., located in Jacksonville, Florida, offer a full range of pilot training from Private Pilot through Commercial Pilot and Airline Transport Pilot Programs. Quasar’s flight schools continue to operate on a daily basis and our student enrollment continues to grow. In addition, Quasar owns and operates Corporate Air Repair, LLC, an aircraft maintenance facility at Herlong Airport in Jacksonville, Florida.
We are proud to announce that Atlantic Aviation, Inc., (“AAI”), was presented with an Excellence Award for 2012 (http://flighttraining.aopa.org/awardwinners/2012winners.html). The Aircraft Owners and Pilots Association (“AOPA”) received over 2,400 nominations and AAI was one of these flight schools nominated in the 2012 Flight Training Excellence Awards for the inaugural year. The Excellence Awards allowed AOPA to identify and recognize the highest levels of achievement in the flight training community, with the goal of encouraging others to adopt similar characteristics of success. AOPA’s Center to Advance the Pilot Community stated, “We commend and congratulate you for earning a spot on the 2012 Flight Training Honor Roll. This placed you in the top 50 flight schools in the country.” Quasar is proud to be a recipient of such a highly sought after recognition and plans to keep up the pace. AAI being acknowledged as one of the top 50 flight schools in the country shows Quasar’s determination and commitment to providing top notch flight training. AAI proudly displays this recognition at its operating location.
Quasar through its FAA Part 141 Flight School, A-Cent Aviation, Inc., (“A-Cent”) continues to work toward certification under the Student and Exchange Visitor Information System (“SEVIS”)/Student and Exchange Visitor Program (“SEVP”) to gain the ability to train students from foreign countries. Quasar management, shareholders and the investment community have anxiously waited for this approval from the Department of Homeland Security to permit the Company to sponsor non-U.S. citizens to receive training from our flight training schools. A-Cent has passed all the necessary inspections and has submitted all requested documentation and the Company is making preparations to receive SEVP certification in the very near future.
Both flight schools are currently expanding their marketing and sales programs, as we have ramped up efforts to train airline pilots to comply with the requirement of the Airline Safety Act of 2010. The FAA has published a Notice of Proposed Rule-making (NPRM) proposing that all airline pilots must qualify for an Airline Transport Pilot license before August of 2013. Airlines have begun to implement this regulation and are now outsourcing the training required for their pilots to qualify. Both Quasar flight schools have developed programs to capitalize on this training demand. “This opportunity will be ongoing as airlines invest in training for their current and future pilots. We are working to develop training and housing programs that will facilitate out of state pilots training with both of our facilities” says COO William Cirmo.
President, Donnell J. Vigil states, “We take our responsibility to our stockholders very seriously. Our belief is that we maximize stockholder value by continuing to maintain a long-term focus. Rather than thinking about ways in which we can create short-lived economic gains each quarter, we focus on serving our shareholders and investors by delivering the most relevant and accurate information as fast as we can. By providing the best aviation services, we believe that we are building a company that will create more value, not just for our patrons, but ultimately also for our stockholders as well. We believe in the importance of building stockholder trust. We adhere to the highest levels of ethical business practices which embody ethical conduct by our directors, officers and employees.” Quasar welcomes emails and calls from shareholders and interested investors and we will respond as quickly as possible to all inquiries.
Quasar is working diligently on the issues with NHS Health Solutions, Inc. (“NHSH”). Unfortunately, prior management failed to properly report as required and we are in the midst of trying to seek a remedy to this situation.
We will continue to update our shareholders and the investment community as events unfold.
Quasar and its subsidiaries are involved in aviation and aviation related businesses. We are awaiting SEVIS/SEVP certification to provide training to foreign students (http://www.ice.gov/sevis/). We are the only certified Cessna Pilot Center (http://www.cessna.com/learn-to-fly.html) in Jacksonville, FL. Through our subsidiaries we are an FAA Part 141 flight school (http://www.faa.gov/), Computer Assisted Testing Service (CATS) (http://www.catstest.com/) and a Comira testing facility (http://www.comiratesting.com/). We offer flight training and accept VA benefits under the GI bill (http://www.gibill.va.gov/). Atlantic Aviation, Inc. recipient of AOPA’s 2012 Flight Training Excellence Awards (http://flighttraining.aopa.org/awardwinners/2012winners.html).
Check us out on our web site (http://www.quasaraero.com/) and Facebook at:http://www.facebook.com/pages/Quasar-Aerospace-Industries-Inc/146434125485747 or look to schedule a student pilot experience flight through Groupon (http://www.groupon.com/) or Living Social (http://www.livingsocial.com/) or visit (http://www.flyatlanticaviationinc.com/).
A-CENT AVIATION, INC.
A-Cent Aviation, Inc. (Florida) has finalized its certification of its 141 satellite location in Jacksonville, Florida. This accomplishment will allow A-Cent to be the only FAA Part 141 flight school located at Herlong Airport. The revenue gained from this satellite location will be considerable. Quasar is confident that we are extremely close to being able to capture significant revenues including third party money from Veteran Affairs and accomplish additional goals Quasar set out to achieve.
Part 141 refers to the FAA regulations related to the structure and approval of a flight schools. Training under Part 141 regulations is permitted only by instructors associated with an FAA-approved flight school. To become approved under Part 141, a flight school must meet certain requirements and submit each curriculum it wishes to have approved to the FAA for review. Part 141 approved schools are subject to regular surveillance audits by the FAA and must meet minimum pass rates on the flight students' practical exams.
All student pilots are required to meet the same standard of performance in order to obtain a pilot certificate. A Part 141 school is particularly focused and perhaps better for a full-time student whose goal is a professional career.
Designation as a Part 141 allows a flight school to apply and become approved by SEVIS/SEVP, Veteran Affairs (VA), Computer Assisted Testing Service (CATS), Comira testing, and Cessna Pilot Center (CPC). A-Cent, Colorado and Florida have already achieved designation as a Cessna Pilot Centers and Comira testing facilities and are awaiting SEVIS/SEVP approval.
The finalization of the 141 satellite location in Jacksonville, Florida will permit A-Cent to obtain its VA approval. This will allow A-Cent to tap into third party funding. The VA application for the 141 satellite location in Jacksonville, Florida is currently being processed. A-Cent Colorado currently has VA students enrolled and actively training.
Jacksonville, Florida is a prime location to conduct VA flight training. The bases in the surrounding areas will provide a large volume of students. A-Cent has a waiting list of military students prepared to being their flight training once our VA application is approved. A-Cent Jacksonville has created an Airline Transport Pilot (ATP) flight training program that is in high demand with military students. Once our VA certification is finalized, A-Cent is ready and prepared to saturate the military market offering its flight training programs and looks forward to realizing a significant increase in revenue.
Flight training is available under VA funding. To qualify, a veteran must have a private pilot's license and valid medical certification. VA will provide funding for training leading to designation as a commercial pilot, allowing the veteran to seek employment in an aviation career. Payments are issued to A-Cent on a monthly basis as training is completed. While the participation requirements are the same for all GI Bill programs, the payment amount varies depending on the GI Bill program being utilized.
Flight Training under Montgomery GI Bill or The Reserve Educational Assistance Program (REAP) will reimburse for 60% of the approved charges. Flight Training under The Post-9/11 GI Bill varies based on which type of flight training but generally pays 100% of the cost up to a maximum of $10,000 per academic year.
Please submit any and all questions to firstname.lastname@example.org so that we may address any specific questions at that time. Quasar will continue to update our shareholders and the investment community as events unfold.
Quasar and its subsidiaries are involved in aviation and aviation related businesses.
OFFICERS AND DIRECTORS
Donnell Vigil President
William Cirmo COO
Jimmie Carter CFO
| Shares Outstanding || 294,089,889 || a/o Sept 12, 2013 |
| Float || 268,089,889 || a/o Sept 12, 2013 |
| Authorized Shares || 2,500,000,000 || a/o Sept 12, 2013 |
Shareholders Of Record 291, A/O Sept 12, 2013
Transfer Agent(s) ISLAND STOCK TRANSFER
15500 Roosevelt Boulevard, Suite 301
Clearwater, Florida 33760
E-mail Address: A blast from the PAST old Ceo and how he took it from that to a real company BEFORE QASP. WE HAD NOTHING!
The above caution was written by Moderator SunScents and placed here on 8/26/13