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"These first four acquisitions of these well established aviation and aerospace related businesses will add an estimated $150 million to Quasar's revenue and $33 million in EBITDA for the Company's fiscal year 2010." rather than "These first four acquisitions of these well established aviation and aerospace related businesses will add an estimated $150 million to Quasar's revenue and $15 million in EBITDA for the Company's fiscal year 2010." as originally issued. Complete corrected text follows.
- HUMM - Love to see these deals done -
JACKSONVILLE, FL -- August 26, 2009 -- Quasar Aerospace Industries, Inc.
(PINKSHEETS: QASP) (formerly) Equus Resources, Inc. (EQUR) is excited to update our shareholders on several fronts today. We are providing an update on our recent capital raise including future capital requirements, our first four acquisitions and the updated Atlantic Aviation website.
The company does not anticipate a need or any reason to return to the capital markets for additional funding. We have been very successful in raising the funds needed thus far, and we are confident we can operate quite comfortably with the capital currently raised. This should give shareholders confidence in knowing that our share structure will likely not change for the foreseeable future. The world economic situation is unpredictable lately as we all know and things could change. That being said, we remain confident.
According to CEO Dean Bradley, "Once the four announced acquisitions are closed and operational, they will be providing adequate cash flow for any and all general needs."
We would like to also update shareholders on the closing of our acquisitions. It is critical to do the four acquisitions as a single transaction on a single day. Doing otherwise would lead to excessive transactional fees and duplication of expenses. With the obvious complications of closing four acquisitions at precisely the same time on the same day, we have to find a day and time that is good for all parties and their support and legal teams. We will be soon choosing a day and time that is acceptable to all concerned. While we tried to make all of this happen for Friday, August 28, 2009, it simply is not possible. We will provide an update when it is prudent.
These first four acquisitions of these well established aviation and aerospace related businesses will add an estimated $150 million to Quasar's revenue and $33 million in EBITDA for the Company's fiscal year 2010. The first group of acquisitions are only the beginnings of the Quasar Aerospace conglomerate as we are actively pursuing other ventures within the aerospace industry.
Atlantic Aviation, Quasar's flight training academy, is proud to announce our latest website upgrade. We invite you to visit www.atlanticaviationinc.net. At Atlantic Aviation Inc. students will graduate with the excellent fundamental skills of flying, giving them an advantage to complete their goals of flying for the airlines.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Equus Resources, Inc. and Quasar Aerospace Industries, Inc. under take no obligation to update such statements.
Investor Relations Inquiries should be directed to:
Equiti.trend
800-585-6988
Qasp-info@equititrend.com
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QASP - That is great news on QASP
Hope they get in done : )
Thanks
PP
QASP looking at Chicago ?
I read somewhere they visited Chicago > ?
DD on Chicago
Aerospace Companies in Illinois
http://www.manta.com/mb_43_G0_14/aerospace/illinois
Wichita, Kansas: Site of Choice for Aviation
Humm -
KANSAS DD LOL
Quasar Aerospace Industries CEO, Dean Bradley, and Senior Vice President for Administration, Lisa Betros, were in Kansas with the executives for two of our acquisitions along with the legal teams for those companies
Wichita hosts the world's best known aviation cluster, and is often referred to as the "Air Capital of the World." Aircraft and aircraft components have been built with Wichita expertise and craftsmanship for nearly 90 years. Wichita offers one of the largest aerospace labor pools and supplier networks in the world. According to a Milken Institute study, Wichita has the highest concentration of aerospace manufacturing employment and skills in the nation. About 57 percent of Wichita metro area manufacturing employment (61,700)—or some 35,400 persons—is in aerospace products and parts.
The Wichita area hosts four OEMs (Boeing Integrated Defense Systems, Bombardier Learjet, Cessna Aircraft and Hawker Beechcraft). Wichita also is home to an Airbus Engineering Design Center. In 2008, Wichita companies delivered 59 percent of all general aviation aircraft built in the United States, and accounted for 46 percent of global general aviation deliveries. Located in Wichita is some of the most specialized equipment in the world for metal and composite material fabrication. Decades of aircraft production has built a network of more than 200 precision machine shops, tool and die shops, and other aerospace subcontract manufacturers. There are more than 40 Boeing-certified gold and silver suppliers within a 200-mile radius. Those leading edge suppliers include Spirit AeroSystems, the world's largest independent producer of commercial aircraft structures. Wichita firms either directly manufacture, or provide critical components for, more than half of all general aviation, commercial and military aircraft. Industry-specific business advantages for aviation manufacturing include exemption of commercial aircraft and components from all sales taxes (including wet leases), liberal fly-away exemption, and no excise tax on jet fuel and aviation gas.
Wichita is the global center of composites expertise. South Central Kansas hosts a rapidly developing industrial cluster of firms in the field of advanced or "engineered" materials (composites) and polymers (advanced plastics and elastomers.) Wichita's involvement with composite aircraft component design and fabrication goes back over 25 years to development of the all-composite Beechcraft Starship and Raytheon Premier business jets, Boeing-Wichita's development of composite nacelles and struts, and Cessna's development of proprietary composite technology.
Wichita's expertise in advanced materials also has wide application outside of the aerospace industry. Advanced materials are being used in medical devices, automotive components, wind turbines, marine applications, construction materials, machinery, scientific instrumentation, and consumer products. The Wichita region has an expanding group of companies utilizing advanced materials. In addition to aerospace applications—products include military and consumer items, such as infantry armor, and even bicycle frames.
National Institute for Aviation Research (NIAR) at Wichita State University was founded in 1985, and is the largest aerospace applied research and development academic institution in the nation. NIAR's 120,000 square foot facility houses 15 advanced research and testing labs, including several wind tunnels. NIAR has full-time staff of over 200 researchers, including 60 at the PhD level. NIAR provides applied research into advanced materials and composites, 3-D prototyping, aerodynamics, aircraft ageing, aircraft icing, crash dynamics, and other fields critical to aircraft design and manufacturing. NIAR has been appointed by the Federal Aviation Administration as lead institution of the Center of Excellence in Composites & Advanced Materials (CECAM), which has been designated by NASA and the FAA to develop national standards for aircraft composites. NIAR accounts for more than 70 percent of FAA-related composite research spending.
In order to assure a steady supply of qualified workers for the regional aerospace industry, Sedgwick County Technical Education and Training Authority (SCTETA) is developing the $54-million, 222,000- square-foot National Center for Aviation Training. NCAT will be a world-class aviation manufacturing training center on the grounds of Jabara Airport in northeast Wichita. NCAT will have capacity to provide technical training for at least 1,300 students. NCAT facilities will allow realistic hands-on training on the latest aircraft manufacturing equipment, including a composites materials lab and an autoclave for heat-curing aviation plastics.
NCAT will also incorporate new facilities for WSU's National Institute for Aviation Research. NIAR will have NCAT facilities dedicated to CATIA training, composites research, non-destructive inspection, and advanced joining technologies. NCAT-NIAR partnership will allow NIAR to develop new materials and techniques in the lab, and then rapidly train workers in how to use them. This combination will expedite bringing new technologies to the factory production floor. Groundbreaking occurred in March 2008, and classes will begin in the spring of 2010.
Kansas Aviation Blog
KANSAS DD LOL
Quasar Aerospace Industries CEO, Dean Bradley, and Senior Vice President for Administration, Lisa Betros, were in Kansas with the executives for two of our acquisitions along with the legal teams for those companies
Nice site
http://blogs.kansas.com/aviation/
Global Aerospace Industry Outlook to 2010"
Nice reading ON Aerospace Industry Outlook to 2010
Global Aerospace Industry Outlook to 2010"
is a new report published by Global Markets Direct in association with ICD Research that analyzes how aerospace companies products & services spend, procurement strategies & practices and business are being affected by the recession. In an uncertain economic climate this report gives you access to the category-level spending outlooks, buyer budgets, supplier selection criteria, business challenges and investment opportunities of leading purchase decision makers. The report also identifies buyers and suppliers future growth, M&A and investment expectations. The research is based on an extensive survey of senior and C-level industry executives from our market leading panels.
Scope:
The opinions and forward looking statements of over 450 industry executives have been captured in our in-depth survey, of which over 40% represent Director & C-level respondents and a further 33% represent senior engineers
This report covers data and analysis on buyer spend, procurement and industry developments by aircraft manufacturers, aircraft operators, airlines, MRO and OEM companies and aerospace goods and service suppliers worldwide
The report examines current practices and provides future expectations over the next 12-24 months
The research is based on primary survey research conducted by Global Markets Direct in association with ICD Research accessing its B2B panels comprised of senior purchase decision makers and leading supplier organizations
Key topics covered include buyer spend activity, procurement behaviors & strategies and how these have been affected by the recession, threats & opportunities for the aerospace industry, economic outlook and business confidence.
In the report buyers identify what suppliers need to do to maintain their business and the key actions being taken by industry players to overcome the leading business threats
The report provides qualitative analysis of the key industry threats and opportunities and contains full survey results
The geographical scope of the research is global - drawing on the activity and expectations of leading industry players across the Americas, Europe, Asia-Pacific and Africa & Middle East
Highlights:
As many as 58% of aerospace manufacturers expect to increase their procurement spend over the next 12 months and a further 18% looking to maintain it at current levels, and with many claiming to be re-evaluating their supplier base the market open to competition is expected to increase over the coming year
38% of industry buyers are seeking to engage in partnerships to optimize working capital and reduce costs - closer cooperation between suppliers and buyers is being sought during this time of market uncertainty
Less than one in five industry buyers do not regularly evaluate suppliers to ensure they meet high ethical and environmental standards
Reasons to buy:
Drive revenues by understanding future product investment areas and growth regions by leading industry players
Formulate effective sales & marketing strategies by identifying how buyer budgets are changing and where spend will be directed to in the future
Better promote your business by aligning your capabilities and business practices with your customer's changing needs during these times of market uncertainty
Secure stronger customer relationships by understanding the leading business concerns and changing strategies of buyers in the aerospace industry
Effectively plan your business strategies
Predict how the industry will grow, consolidate and where it will stagnate
Uncover the business outlook, key challenges and opportunities identified by suppliers and buyers in the industry
Key Topics Covered:
1 Table Of Contents
2 Introduction
3 Executive Summary
4 Economic Outlook & Confidence
5 Aerospace Industry Investment Outlook
6 Recession: Threats & Opportunities For The Aerospace Industry
7 Aerospace Industry Buyer Spend Activity
8 Procurement Behaviors & Strategies & The Impact Of Recession
9 Appendix
For more information visit http://www.researchandmarkets.com/research/9d3935/global_aerospace_i
QASp was in Kansas ?
Who has headquarters in Kansas ?
Quasar Aerospace Industries CEO, Dean Bradley, and Senior Vice President for Administration, Lisa Betros, were in Kansas with the executives for two of our acquisitions along with the legal teams for those companies. Also attending were attorneys for Quasar coming in from Seattle and Philadelphia. In this series of meetings we were able to complete the Definitive Acquisition Agreements, the employment contracts for key employees, and the incentive plans for the employees of the subsidiaries. Also discussed was a new opportunity that will potentially become part of Quasar Aerospace Industries.
Welcome - QASP Buying Back between 10% and 20% of common shares
According to new releases
The company has allocated funds through a $15 Million dollar bridge loan, and intends to move forward on the buy-back of common shares of Quasar stock in the open market without further notice. During the buy-back, the company anticipates buying back somewhere between 10% and 20% of the company's common shares. The shares purchased in the buy-back will return to the company as treasury stock.
CEO Dean Bradley commented on the share buy-back, "I am very pleased that we can initiate a share buy-back. I do not believe the current price in the market reflects the value I see in the company and its shares. I think it is very good for the company to go in and return shares to the treasury."
QASP Buying Back between 10% and 20% of common shares
The company has allocated funds through a $15 Million dollar bridge loan, and intends to move forward on the buy-back of common shares of Quasar stock in the open market without further notice. During the buy-back, the company anticipates buying back somewhere between 10% and 20% of the company's common shares. The shares purchased in the buy-back will return to the company as treasury stock.
CEO Dean Bradley commented on the share buy-back, "I am very pleased that we can initiate a share buy-back. I do not believe the current price in the market reflects the value I see in the company and its shares. I think it is very good for the company to go in and return shares to the treasury."
QASP .0235 moving up on today's news also
QASP - more news soon -READ
Quasar Aerospace Industries, Inc. Announces the Start of Its Stock Buy Back Plan and the Acquisition of Its First Twin Engine Tr
JACKSONVILLE, FL -- (Marketwire) -- 09/28/09 -- Quasar Aerospace Industries, Inc.
(PINKSHEETS: QASP) is pleased to announce the start of our previously announced Stock Buy Back Plan on Monday, September 28, 2009. The company was delayed for a few days because our primary bank could not open a securities trading account for Quasar in a timely basis. Fortunately Deutsche Bank in San Francisco and NYC came to our rescue. We received final approval on Thursday afternoon and will be starting today.
On Tuesday of last week a critical meeting was held regarding our recently announced acquisitions. Quasar Aerospace Industries CEO, Dean Bradley, and Senior Vice President for Administration, Lisa Betros, were in Kansas with the executives for two of our acquisitions along with the legal teams for those companies. Also attending were attorneys for Quasar coming in from Seattle and Philadelphia. In this series of meetings we were able to complete the Definitive Acquisition Agreements, the employment contracts for key employees, and the incentive plans for the employees of the subsidiaries. Also discussed was a new opportunity that will potentially become part of Quasar Aerospace Industries.
On Monday, September 21, 2009 executives from our wholly owned subsidiary, Atlantic Aviation, took delivery of a pristine Piper Seminole for $89,000, which is an excellent twin engine trainer. Atlantic Aviation President and Chief Flight Instructor, Joshua Henderson, and Atlantic Aviation's Director of Aircraft Maintenance, Raymond Frez, raved about the plane after their cross country flight with the aircraft. In the present economic environment now is an ideal time to be adding to the fleet.
We have been asked what Redbird simulator we purchased and installed at the Herlong Airport, it is their FMX Model. We are pleased to announce that we purchased this top of the line unit for $80,000. We are so pleased with it that we have now ordered a second identical unit.
The company is on track to execute our business plan. The management team is working diligently to complete the first four acquisitions, and will then proceed on two more acquisitions shortly thereafter.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Equus Resources, Inc. and Quasar Aerospace Industries, Inc. under take no obligation to update such statements
Contacts:
Dean Bradley
904-612-8485
dean.bradley@quasaraerospace.net
Investor Relations
QASP-info@equititrend.com
800-585-6988
QASP .0235 More News Soon
Quasar Aerospace Industries, Inc. Announces the Start of Its Stock Buy Back Plan and the Acquisition of Its First Twin Engine Tr
JACKSONVILLE, FL -- (Marketwire) -- 09/28/09 -- Quasar Aerospace Industries, Inc.
(PINKSHEETS: QASP) is pleased to announce the start of our previously announced Stock Buy Back Plan on Monday, September 28, 2009. The company was delayed for a few days because our primary bank could not open a securities trading account for Quasar in a timely basis. Fortunately Deutsche Bank in San Francisco and NYC came to our rescue. We received final approval on Thursday afternoon and will be starting today.
On Tuesday of last week a critical meeting was held regarding our recently announced acquisitions. Quasar Aerospace Industries CEO, Dean Bradley, and Senior Vice President for Administration, Lisa Betros, were in Kansas with the executives for two of our acquisitions along with the legal teams for those companies. Also attending were attorneys for Quasar coming in from Seattle and Philadelphia. In this series of meetings we were able to complete the Definitive Acquisition Agreements, the employment contracts for key employees, and the incentive plans for the employees of the subsidiaries. Also discussed was a new opportunity that will potentially become part of Quasar Aerospace Industries.
On Monday, September 21, 2009 executives from our wholly owned subsidiary, Atlantic Aviation, took delivery of a pristine Piper Seminole for $89,000, which is an excellent twin engine trainer. Atlantic Aviation President and Chief Flight Instructor, Joshua Henderson, and Atlantic Aviation's Director of Aircraft Maintenance, Raymond Frez, raved about the plane after their cross country flight with the aircraft. In the present economic environment now is an ideal time to be adding to the fleet.
We have been asked what Redbird simulator we purchased and installed at the Herlong Airport, it is their FMX Model. We are pleased to announce that we purchased this top of the line unit for $80,000. We are so pleased with it that we have now ordered a second identical unit.
The company is on track to execute our business plan. The management team is working diligently to complete the first four acquisitions, and will then proceed on two more acquisitions shortly thereafter.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Equus Resources, Inc. and Quasar Aerospace Industries, Inc. under take no obligation to update such statements
Contacts:
Dean Bradley
904-612-8485
dean.bradley@quasaraerospace.net
Investor Relations
QASP-info@equititrend.com
800-585-6988
QASP .0235 on Acquisition's / Buyback News
Quasar Aerospace Industries, Inc. Announces the Start of Its Stock Buy Back Plan and the Acquisition of Its First Twin Engine Tr
JACKSONVILLE, FL -- (Marketwire) -- 09/28/09 -- Quasar Aerospace Industries, Inc.
(PINKSHEETS: QASP) is pleased to announce the start of our previously announced Stock Buy Back Plan on Monday, September 28, 2009. The company was delayed for a few days because our primary bank could not open a securities trading account for Quasar in a timely basis. Fortunately Deutsche Bank in San Francisco and NYC came to our rescue. We received final approval on Thursday afternoon and will be starting today.
On Tuesday of last week a critical meeting was held regarding our recently announced acquisitions. Quasar Aerospace Industries CEO, Dean Bradley, and Senior Vice President for Administration, Lisa Betros, were in Kansas with the executives for two of our acquisitions along with the legal teams for those companies. Also attending were attorneys for Quasar coming in from Seattle and Philadelphia. In this series of meetings we were able to complete the Definitive Acquisition Agreements, the employment contracts for key employees, and the incentive plans for the employees of the subsidiaries. Also discussed was a new opportunity that will potentially become part of Quasar Aerospace Industries.
On Monday, September 21, 2009 executives from our wholly owned subsidiary, Atlantic Aviation, took delivery of a pristine Piper Seminole for $89,000, which is an excellent twin engine trainer. Atlantic Aviation President and Chief Flight Instructor, Joshua Henderson, and Atlantic Aviation's Director of Aircraft Maintenance, Raymond Frez, raved about the plane after their cross country flight with the aircraft. In the present economic environment now is an ideal time to be adding to the fleet.
We have been asked what Redbird simulator we purchased and installed at the Herlong Airport, it is their FMX Model. We are pleased to announce that we purchased this top of the line unit for $80,000. We are so pleased with it that we have now ordered a second identical unit.
The company is on track to execute our business plan. The management team is working diligently to complete the first four acquisitions, and will then proceed on two more acquisitions shortly thereafter.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Equus Resources, Inc. and Quasar Aerospace Industries, Inc. under take no obligation to update such statements
Contacts:
Dean Bradley
904-612-8485
dean.bradley@quasaraerospace.net
Investor Relations
QASP-info@equititrend.com
800-585-6988
QASP - working on 4 acquisitions and will then proceed on two more acquisitions shortly thereafter.
AND
In this series of meetings we were able to complete the Definitive Acquisition Agreements, the employment contracts for key employees, and the incentive plans for the employees of the subsidiaries. Also discussed was a new opportunity that will potentially become part of Quasar Aerospace Industries.
Nice news today
JACKSONVILLE, FL -- (Marketwire) -- 09/28/09 -- Quasar Aerospace Industries, Inc.
On Tuesday of last week a critical meeting was held regarding our recently announced acquisitions. Quasar Aerospace Industries CEO, Dean Bradley, and Senior Vice President for Administration, Lisa Betros, were in Kansas with the executives for two of our acquisitions along with the legal teams for those companies. Also attending were attorneys for Quasar coming in from Seattle and Philadelphia. In this series of meetings we were able to complete the Definitive Acquisition Agreements, the employment contracts for key employees, and the incentive plans for the employees of the subsidiaries. Also discussed was a new opportunity that will potentially become part of Quasar Aerospace Industries.
The company is on track to execute our business plan. The management team is working diligently to complete the first four acquisitions, and will then proceed on two more acquisitions shortly thereafter.
" buy-back without further notice"
From the last pr -
The company has allocated funds through a $15 Million dollar bridge loan, and intends to move forward on the buy-back of common shares of Quasar stock in the open market without further notice.
"Buyback begins Monday" - Hope So
Thanks
PP
Yes - found some great DD here
Thanks to
[-geezy-]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41532345
FOUND PR about James Ray
For those that ask me who is James Ray
http://www.marketwire.com/press-release/Quasar-Aerospace-969707.html
SOURCE: Quasar Aerospace
Apr 02, 2009 09:00 ETQuasar Aerospace Industries Announces Filing of Amended and Restated Articles of Incorporation With the State of ColoradoHighlighted Links
Equus Resources, Inc. JACKSONVILLE, FL--(Marketwire - April 2, 2009) - Dean Bradley, CEO of Quasar Aerospace, formerly Equus Resources Inc. (PINKSHEETS: EQUR), is pleased to announce that the Amended and Restated Articles of Incorporation were filed with the Secretary of State for Colorado on March 31, 2009, and the name of the corporation is now officially Quasar Aerospace Industries, Inc. The application to FINRA has been submitted and they have indicated that a new trading symbol will be issued after their Corporate Data Operations have reviewed and accepted the filing. This process typically takes three to four weeks.
Of further news, the CEO is proud to announce the appointment of James Ray as the president of Quasar Aircraft Corporation, a wholly owned subsidiary. He will lead the design engineers and the manufacturing process for both the new single engine training aircraft we are developing, and the development program for the twin engine very light business jet that is currently under way. Mr. Ray brings over 40 years of senior level management in the aerospace/aircraft industry to our team.
Mr. Ray is one of the world's foremost experts in composite fiber technology having worked for the original United States Air Force team that initially evaluated graphite fibers for aviation use. In addition, James Ray headed up the deign team for Sikorsky Aviation, a division of United Technologies, to bring us the Blackhawk and Seahawk helicopters. Most recently, Mr. Ray was CEO of North American Composite Consortium which serves as a liaison effecting aviation contracts for the United States Navy.
Mr. Ray has served on our Advisory Board for the last three years and works seamlessly with our management team. We are extremely fortunate to be able to have this seasoned CEO come out of retirement to head up this critical component of our strategic plan.
I am truly excited about our future and speaking not just for myself but for the whole team, we are all fully committed to the success of the venture.
Disclaimer paragraph
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Equus Resources, Inc. and Quasar Aerospace Industries, Inc. under take no obligation to update such statements
Contacts:
Dean Bradley
904-612-8485
deanbrad@bellsouth.net
Scott Martin
770-521-9410
scott.martin@jpccapital.com Click here to see all recent news from this company
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Lets hope the company updated shareholders on
The acquistions / etc
My DD is taking me in cirles lol
GLA
PP
All - great DD here
Keep up the great work
Have a great weekend - back to work
GLA
PP
Thanks - www.apsu-hks.com Air Parts Sales Unlimited, LLC is the Exclusive North American Distributor for HKS Aviation Engines and also for AeroLux Propellers
Interesting -
BUSINESS OPPORTUNTY
GREAT OPPORTUNITY
•This Ad has been Viewed 1727 times.
Contact Us:
Air Parts Sales Unlimited, LLC
Frank Porter
fp@apsu-hks.com
Tel:954-788-6660
Cell: 954-675-8436
fax: 954-788-6760
2273 SE 10th St
Pompano Beach, Florida 33062-7004
http://www.aviationclassifieds.com/viewads.php?ads_id=13083
Contact Seller
Email a friend
Print this listing
Sellers Other Ads
Newsletter Sign-Up
Price : $85,000
Brief Description:
To own a Quasar Aircraft; Sales and Servise Center, plus a Dealership for the HKS aircraft engines and AeroLux Propellers.
Ad Details:
What would be required, good company, good credit and purchase one demo Quasar-Lite at cost stock two HKS engines and two of the most popular propellers. Quasar Enterprises owns: The Quasar Aircraft Company,LLC www.quasaraircraft.com www.apsu-hks.com Air Parts Sales Unlimited, LLC is the Exclusive North American Distributor for HKS Aviation Engines and also for AeroLux Propellers. We are considering only one Dealership at this time. Preferable an existing company with aircraft sales, training and maintaince or someone that has the capital to start this exciting business. We will be at Oshkosh in space "422" main aircraft display aera.
Contact Info:
Frank Porter
United States
Pompano Beach, Florida
954-788-6660
Contact Seller
Listing Details:
•Ad ID - 13083
•Categories
»Experimental Aircraft - Other Experimental
»Light Sport Aircraft - Experimental E-LSA
»Kit Planes - Experimental
»Parts & Spares - Engines & Powerplants
•Date Posted - July 9, 2009
Frank Porter = * Quasar Aircraft Corporation (QAC)???
MAYBE?
NOTE - BELOW IS QUESTIONS TO MORE QUESTIONS - NOT SURE-
THANKS
PP
FRANK PORTER'S WEBSITE?
http://www.quasaraircraft.com/
Maybe this is the link from a QASP News Release ?
Introduction to QAI's Vision
The units integrated in the first phase of QAI's operations will either be
wholly owned subsidiaries, or QAI will hold a minimum 80% equity. These
components are:
* Atlantic Aviation, Inc. (AAI) -- AAI is a wholly-owned subsidiary of QAI
which operates a flight school at Herlong Airport in Jacksonville,
Florida, and will develop and operate flight schools nationwide.
* A soon-to-be named company is a successful aircraft component
manufacturer.
* Aviation Import/Export, Inc. (AIE) -- AIE was formed to import aircraft
and/or aircraft components for sale, lease and use by QAI affiliates and
for sale and/or lease to other companies.
* Quasar Aircraft Corporation (QAC) -- This company will develop the new
products and oversee the development of the VLJ program.
* Quasar Financial Corporation (QFC) -- This entity will support the
aircraft sales process by arranging financing and insurance for customers
and the aircraft that will be required for AAI's flight school operations
http://www.reuters.com/article/pressRelease/idUS165143+21-Jul-2009+MW20090721
Yes interesting
Trying to find out myself - at work doing DD at lunch time
Maybe > ?
Looks like Dean Bradley and Frank Porter go back to 2006 ?
Google Quasar-Lite, Inc / etc
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1-17-2006 . incorparated
Incorporated by Dean Bradley, Frank Porter, James Waterhouse, Quasar-Lite, Inc. is located at 1556 Walnut Creek Dr Fleming Island, FL 32003. Quasar-Lite, Inc. was incorporated on Tuesday, January 17, 2006 in the State of FL
Quasar-Lite Brochure
The Quasar Lite tm is being designed to meet the strict requirements of the LIGHT SPORT AIRCRAFT category in the USA. It will be suitable for basic flight
instruction, aircraft rental, flying clubs, and leisure flying. With the Quasar Lite's exceptional handling abilities you will find yourself wrapped in technology
sophistication with a luxurious sports car look and feel. Currently the Quasar Lite is provided to you under expermental certificate only. Certified LIGHT SPORT
AIRCRAFT models will be available in December 2009. All of the 2009 production is sold out and we are taking orders for the 2010 production run.
http://www.quasaraircraft.com/uploads/Quasar2.pdf
CONTACT: The Quasar Aircraft Company, LLC The Quasar Aircraft Company, LLC
Frank Porter, CEO
Direct Line: 954-675-8436
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1-17-2006 Quasar-Lite, Inc. incorparated
Incorporated by Dean Bradley, Frank Porter, James Waterhouse, Quasar-Lite, Inc. is located at 1556 Walnut Creek Dr Fleming Island, FL 32003. Quasar-Lite, Inc. was incorporated on Tuesday, January 17, 2006 in the State of FL
Quasar-Lite Powerplant information
http://apsu-hks.com/
APSU-HKS will have 20 of the
HKS 700T Production Engines
"For Sale in February 2010"
Contact us to order and lock in
Your Position
Contact Us:
Air Parts Sales Unlimited, LLC
Frank Porter
fp@apsu-hks.com
Tel:954-788-6660
Cell: 954-675-8436
fax: 954-788-6760
2273 SE 10th St
Pompano Beach, Florida 33062-7004
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1-17-2006 Quasar-Lite, Inc. incorparated
Incorporated by Dean Bradley, Frank Porter, James Waterhouse, Quasar-Lite, Inc. is located at 1556 Walnut Creek Dr Fleming Island, FL 32003. Quasar-Lite, Inc. was incorporated on Tuesday, January 17, 2006 in the State of FL
We are currently manufacturing the “Quasar-Lite” LSA in Franca, Brazil. Full certification of the Quasar-Lite is expected in late 2009, early 2010
INTERESTING READ
(Incorporated by Dean Bradley, Frank Porter, James Waterhouse, Quasar-Lite, Inc. is located at 1556 Walnut Creek Dr Fleming Island, FL 32003. Quasar-Lite, Inc. was incorporated on Tuesday, January 17, 2006 in the State of FL )
The Quasar Aircraft Company, LLC
The Quasar Aircraft Company, LLC was a dream of Frank Porter and it was born with the burning desire to bring an unlimited source of energy and light from the celestial Quasars and deliver its energies to the aircraft industry.
The idea was first to build a Quasar Jet, this will occur at a later date. The FAA opened the door with the all-new “Light Sport Aircraft” and we knew there was a great market for these type of aircraft.
We tapped the energies, wisdom and the vision of Engineer James Waterhouse of the University of San Carlos, Brazil to build one of the finest, safest, and most economical “Light Sport Aircraft” on the market.
We are currently manufacturing the “Quasar-Lite” LSA in Franca, Brazil. Full certification of the Quasar-Lite is expected in late 2009, early 2010.
Potential Dealers are welcome to see if they qualify for a dealership.
Frank Porter flp@apsu-hks.com
Dr James Waterhouse waterhouse@uol.com.br
2273 SE 10th St
Pompano Beach, Fl 33062
Tel: 954-788-6660
fax: 954-788-6760
cell: 954-675-8436
Links:
Quasar-Lite Powerplant information
Quasar-Lite Brochure
Quasar-Lite Specifications
Quasar-Baby
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1-17-2006 Quasar-Lite, Inc. incorparated
Incorporated by Dean Bradley, Frank Porter, James Waterhouse, Quasar-Lite, Inc. is located at 1556 Walnut Creek Dr Fleming Island, FL 32003. Quasar-Lite, Inc. was incorporated on Tuesday, January 17, 2006 in the State of FL
1-17-2006 Quasar-Lite, Inc. incorparated
Incorporated by Dean Bradley, Frank Porter, James Waterhouse, Quasar-Lite, Inc. is located at 1556 Walnut Creek Dr Fleming Island, FL 32003. Quasar-Lite, Inc. was incorporated on Tuesday, January 17, 2006 in the State of FL
Thanks
GLA
PP
Yes - not much over a 3 month period
gla
pp
O.S. has been increased
Update the IBOX ? O.S. has been increased
Outstanding Shares
58,597,287 as of Sep 16, 2009
According to pinksheets?
http://pinksheets.com/pink/quote/quote.jsp?symbol=NBRI
Great News for EDIG
Thanks for posting
PP
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FINDINGS OF FACT AND CONCLUSIONS OF LAW: It is hereby Ordered that all of digEcor's remaining claims against e.Digital are dismissed with prejudice, and digEcor recovers no damages of injunctive relief. Judgment is entered in favor of e.Digital and against digEcor on all claims. Signed by Judge Clark Waddoups on 9/10/09. (las) (Entered: 09/11/2009)
NBRI Last trade .022
Green on a low volume day
Chart looking good
GLA
PP
Gold powered through the $1,000 per ounce psychological barrier on Tuesday, carried by a wave of pent-up technical momentum and dollar weakness, with some analysts eyeing last year's record high at $1,030.80.
Some investors were also seeing the spike in gold as a warning signal to stock market bulls and were fretting about the result of central banks and governments pumping billions of dollars into banking systems to boost growth.
Spot gold rose to $1,007.45 an ounce, its highest since March 2008, when bullion touched the $1,030.80 record. It was trading at $1,001.75 an ounce by 1442 GMT (10:42 a.m. EDT), after briefly dipping below $1,000, and versus $993.85 an ounce late in New York on Monday.
U.S. gold futures for December delivery rose to $1,009.4 an ounce, before easing to $1,006.80 an ounce, versus Friday's close at $996.70 an ounce before the U.S. long weekend.
"Gold's probably the most technically traded financial instrument in the world," analyst David Thurtell at Citigroup in London.
"Where can it go? If it closes through $1,010 and plus tonight, you'd have to think there would be a lot of very nervous shorts around that are getting close to covering, and then it really could pop and go up another $50 quite quickly,"
NBRI - also working on uplisting
North Bay Resources Inc. (NBRI) Retains Auditor to Continue Uplisting Process
Press Release
Source: North Bay Resources Inc.
On Tuesday June 30, 2009, 9:10 am EDT
Companies:North Bay Resources, Inc.
SKIPPACK, PA--(Marketwire - 06/30/09) - North Bay Resources Inc. (Pinksheets:NBRI - News) ("North Bay" or the "Company") is pleased to announce that it has retained the accounting firm of M&K CPAS, PLLC ("M&K") as the Company's independent auditor.
M&K specializes in audits of small to mid-sized public companies, and is registered with the Public Company Accounting Oversight Board ("PCAOB"). Audited financial statements prepared by a PCAOB-registered accounting firm are required by the SEC as part of the registration process, which began in November 2008 when the Company's 15c2-11 filing was cleared by FINRA. Upon completion of the audit, the Company then anticipates further regulatory filings with the SEC to become a fully reporting company and to be listed on the OTC Bulletin Board exchange ("OTCBB").
According to CEO Perry Leopold, "We are very pleased that M&K has agreed to be our independent auditor. Besides specializing in audits of small to mid-sized public companies, M&K is also very familiar with mining sector accounting, which was one of our most important pre-requisites. We look forward to working closely with their team in the weeks ahead to complete our audit and moving on to the next step in our uplisting process to become a fully reporting company."
About North Bay Resources Inc.
southwestern US ( negotiations for the acquisition)
They were looking southwestern US
North Bay Issues Shareholder Update
Tue May 12, 2009 7:30am EDT
Shareholder message PR -
The Company has continued negotiations for the acquisition of an operating gold mine, and has expanded its potential targets to include a fully permitted mine in the southwestern US. Additional information will be released upon the successful execution of a purchase agreement.
NBRI last trade .019
Nice Day
PP
NBRI .0175 Goldencross
50MA .017
EDWY - Nice - been following this stock also
Nice breakout
50MA crossing 200MA
NBRI GoldenCross 50MA crossing 200MA
http://finance.yahoo.com/q?s=NBRI.PK
Outstanding shares: 51,097,287
NBRI News
http://finance.yahoo.com/q/h?s=etyn.pk+nbri.pk
Fri, Aug 28, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Completes Coronation Gold Joint-Venture Agreement
Marketwire (Fri, Aug 28)
Tue, Aug 11, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Acquires Lancers Mountain Gold-Silver Property
Marketwire (Tue, Aug 11)
Thu, Aug 6, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Agrees to Coronation Gold Joint-Venture
Marketwire (Thu, Aug 6)
Mon, Jul 20, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Adds to Coronation Gold Property
Marketwire (Mon, Jul 20)
Wed, Jul 8, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Acquires Cherry Gold Property
Marketwire (Wed, Jul 8)
Tue, Jun 30, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Retains Auditor to Continue Uplisting Process
Marketwire (Tue, Jun 30)
Thu, Jun 25, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Expands Size and Scope of Bouleau Creek Gold Property
Marketwire (Thu, Jun 25)
Fri, Jun 12, 2009
• NBRI.PK North Bay Issues Update on Fraser River Platinum Property
Marketwire (Fri, Jun 12)
Thu, Jun 4, 2009
• NBRI.PK North Bay Resources (NBRI) Increases Holdings in Slocan Silver District
Marketwire (Thu, Jun 4)
Tue, May 19, 2009
• NBRI.PK North Bay Resources (NBRI) Receives Approval for Phase II Work Program at Fraser River Platinum JV Property
Marketwire (Tue, May 19)
Thu, May 14, 2009
• NBRI.PK Hidalgo Mining International (HMIT) Issues Update on Gold Hill Project Joint Venture
Marketwire (Thu, May 14)
Tue, May 12, 2009
• NBRI.PK North Bay Issues Shareholder Update
Marketwire (Tue, May 12)
Tue, May 5, 2009
• NBRI.PK North Bay Resources (NBRI) Retains International Monetary
Marketwire (Tue, May 5)
Thu, Apr 2, 2009
• NBRI.PK UPDATE: North Bay Resources (NBRI) Issues Update on Gold Discovery at Fraser River Platinum JV Property
Marketwire (Thu, Apr 2)
• NBRI.PK North Bay Resources (NBRI) Issues Update on Gold Discovery at Fraser River Platinum JV Property
Marketwire (Thu, Apr 2)
Tue, Mar 24, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Acquires Bouleau Creek Gold Property
Marketwire (Tue, Mar 24)
Tue, Mar 10, 2009
• NBRI.PK North Bay Resources (NBRI) Stakes New Claims; Increases Scope of Monte Cristo Gold-Platinum Property
Marketwire (Tue, Mar 10)
Thu, Mar 5, 2009
• NBRI.PK North Bay Resources Updates Financing Plans
Marketwire (Thu, Mar 5)
• NBRI.PK North Bay Resources Updates Financing Plans
Marketwire (Thu, Mar 5)
Thu, Feb 26, 2009
• NBRI.PK North Bay Resources (NBRI) Expands Argo Gold Holdings
http://www.northbayresources.com/
NBRI .0175 last trade
We closed above .017 MA50
NBRI Stockcharts
http://stockcharts.com/h-sc/ui?s=nbri
NBRI .017 low float - goldencross breakout?
50MA crossing 200MA
NBRI GoldenCross 50MA crossing 200MA
http://finance.yahoo.com/q?s=NBRI.PK
Outstanding shares: 51,097,287
NBRI News
http://finance.yahoo.com/q/h?s=etyn.pk+nbri.pk
Fri, Aug 28, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Completes Coronation Gold Joint-Venture Agreement
Marketwire (Fri, Aug 28)
Tue, Aug 11, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Acquires Lancers Mountain Gold-Silver Property
Marketwire (Tue, Aug 11)
Thu, Aug 6, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Agrees to Coronation Gold Joint-Venture
Marketwire (Thu, Aug 6)
Mon, Jul 20, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Adds to Coronation Gold Property
Marketwire (Mon, Jul 20)
Wed, Jul 8, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Acquires Cherry Gold Property
Marketwire (Wed, Jul 8)
Tue, Jun 30, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Retains Auditor to Continue Uplisting Process
Marketwire (Tue, Jun 30)
Thu, Jun 25, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Expands Size and Scope of Bouleau Creek Gold Property
Marketwire (Thu, Jun 25)
Fri, Jun 12, 2009
• NBRI.PK North Bay Issues Update on Fraser River Platinum Property
Marketwire (Fri, Jun 12)
Thu, Jun 4, 2009
• NBRI.PK North Bay Resources (NBRI) Increases Holdings in Slocan Silver District
Marketwire (Thu, Jun 4)
Tue, May 19, 2009
• NBRI.PK North Bay Resources (NBRI) Receives Approval for Phase II Work Program at Fraser River Platinum JV Property
Marketwire (Tue, May 19)
Thu, May 14, 2009
• NBRI.PK Hidalgo Mining International (HMIT) Issues Update on Gold Hill Project Joint Venture
Marketwire (Thu, May 14)
Tue, May 12, 2009
• NBRI.PK North Bay Issues Shareholder Update
Marketwire (Tue, May 12)
Tue, May 5, 2009
• NBRI.PK North Bay Resources (NBRI) Retains International Monetary
Marketwire (Tue, May 5)
Thu, Apr 2, 2009
• NBRI.PK UPDATE: North Bay Resources (NBRI) Issues Update on Gold Discovery at Fraser River Platinum JV Property
Marketwire (Thu, Apr 2)
• NBRI.PK North Bay Resources (NBRI) Issues Update on Gold Discovery at Fraser River Platinum JV Property
Marketwire (Thu, Apr 2)
Tue, Mar 24, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Acquires Bouleau Creek Gold Property
Marketwire (Tue, Mar 24)
Tue, Mar 10, 2009
• NBRI.PK North Bay Resources (NBRI) Stakes New Claims; Increases Scope of Monte Cristo Gold-Platinum Property
Marketwire (Tue, Mar 10)
Thu, Mar 5, 2009
• NBRI.PK North Bay Resources Updates Financing Plans
Marketwire (Thu, Mar 5)
• NBRI.PK North Bay Resources Updates Financing Plans
Marketwire (Thu, Mar 5)
Thu, Feb 26, 2009
• NBRI.PK North Bay Resources (NBRI) Expands Argo Gold Holdings
http://www.northbayresources.com/
NBRI low float Gold Stock
Outstanding shares: 51,097,287
NBRI News
http://finance.yahoo.com/q/h?s=etyn.pk+nbri.pk
Fri, Aug 28, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Completes Coronation Gold Joint-Venture Agreement
Marketwire (Fri, Aug 28)
Tue, Aug 11, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Acquires Lancers Mountain Gold-Silver Property
Marketwire (Tue, Aug 11)
Thu, Aug 6, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Agrees to Coronation Gold Joint-Venture
Marketwire (Thu, Aug 6)
Mon, Jul 20, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Adds to Coronation Gold Property
Marketwire (Mon, Jul 20)
Wed, Jul 8, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Acquires Cherry Gold Property
Marketwire (Wed, Jul 8)
Tue, Jun 30, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Retains Auditor to Continue Uplisting Process
Marketwire (Tue, Jun 30)
Thu, Jun 25, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Expands Size and Scope of Bouleau Creek Gold Property
Marketwire (Thu, Jun 25)
Fri, Jun 12, 2009
• NBRI.PK North Bay Issues Update on Fraser River Platinum Property
Marketwire (Fri, Jun 12)
Thu, Jun 4, 2009
• NBRI.PK North Bay Resources (NBRI) Increases Holdings in Slocan Silver District
Marketwire (Thu, Jun 4)
Tue, May 19, 2009
• NBRI.PK North Bay Resources (NBRI) Receives Approval for Phase II Work Program at Fraser River Platinum JV Property
Marketwire (Tue, May 19)
Thu, May 14, 2009
• NBRI.PK Hidalgo Mining International (HMIT) Issues Update on Gold Hill Project Joint Venture
Marketwire (Thu, May 14)
Tue, May 12, 2009
• NBRI.PK North Bay Issues Shareholder Update
Marketwire (Tue, May 12)
Tue, May 5, 2009
• NBRI.PK North Bay Resources (NBRI) Retains International Monetary
Marketwire (Tue, May 5)
Thu, Apr 2, 2009
• NBRI.PK UPDATE: North Bay Resources (NBRI) Issues Update on Gold Discovery at Fraser River Platinum JV Property
Marketwire (Thu, Apr 2)
• NBRI.PK North Bay Resources (NBRI) Issues Update on Gold Discovery at Fraser River Platinum JV Property
Marketwire (Thu, Apr 2)
Tue, Mar 24, 2009
• NBRI.PK North Bay Resources Inc. (NBRI) Acquires Bouleau Creek Gold Property
Marketwire (Tue, Mar 24)
Tue, Mar 10, 2009
• NBRI.PK North Bay Resources (NBRI) Stakes New Claims; Increases Scope of Monte Cristo Gold-Platinum Property
Marketwire (Tue, Mar 10)
Thu, Mar 5, 2009
• NBRI.PK North Bay Resources Updates Financing Plans
Marketwire (Thu, Mar 5)
• NBRI.PK North Bay Resources Updates Financing Plans
Marketwire (Thu, Mar 5)
Thu, Feb 26, 2009
• NBRI.PK North Bay Resources (NBRI) Expands Argo Gold Holdings
http://www.northbayresources.com/