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No small potatos here...QUASAR's new Website tells it like it will soon be... http://www.quasaraerospace.net/
Makamai
WELCOME TO QUASAR - Dedicated To Excellence in Aircraft Component Design and Manufacturer
Quasar Aerospace is a multi-faceted aviation company focused on excellence in its principal businesses - aircraft and component design and manufacture, and flight training.
Quasar offers the best in flight training through its Atlantic Aviation flight school. To learn more about Atlantic Aviation, Inc., visit their website here. http://www.atlanticaviationinc.com/
Easy does it - no gaps to fill in - 4 green days in a row....our soldiers are marching to the QASP tune...
Makamai
The last 3 days we have had higher lows, closing at the high of the day (HOD) the last two days - very bullish reversal pattern (3 white soldiers) candle formation.
Makamai
Aloha Brikk - I'm just trying to instill a little sensibility in all the irrational exhuberance that some posters have exhibited that expect 5 bucks overnight. You are right regarding momo, however as we have seen repeatedly so far with this stock, which is reacting like most stocks, following each NR, the stock has consolidated considerably. I know that in the future, each consolidation going forward will be at higher levels, but lets not let expectations get out of the rhelm of reason, as those who are new at this will be very disappointed.
Makamai
It's obvious to me as well, that many folks who have been throwing out these high flying numbers, haven't got a clue as to how the MMs control the SP and what factors influence the SP. Their numbers are simply based on wishfull thinking. I suspect that in the not too distant future, we will be getting more info on anticipated revenues, but even with that info, these are again "anticipated revenues", and are not yet on QASP's books and won't be for two or 3 quarters yet. So as the acquisitions are announced, named and projected revenues revealed, I expect the stock to rise, however IMHO it be under valued for quite some time until we begin seeing revenues stated as fact on SEC 10Q filings.
Makamai
BANKER - I appreciate your taking the time to share your past business experiences. You certainly hit the nail on the head when you stated that Dean success is because he thinks "outside the box". He also relies on those he is doing business with to keep him updated. You can't be a successful manager and be continuously micromanaging everything as you'll soon burn yourself out. You must rely on others to do the job they are expected to do. So when Dean tells us that something should happen by a specific date, he is providing us the best information available at that time, based upon what his advisers are telling him. However the more things you have on your plate that can interact with each other, the harder it is to keep everything on a set timeline.
I'm fully confident that QUASAR is going to be a real contender in the Aerospace arena, and looking out over the next 4 years or so, will be a real eye opener for all of us.
Makamai
Aloha Banker - likewise, without the delays, I would only have a fraction of the shares I presently do. I agree that Mr. Dean has great things in store for us - just need to let everything sort itself out and God bless the lawyers - what would we do without them (lol). No flipping here - looking for long term capital gains - lots of them!
Makamai
Glad you had a safe return BANKER. As you said, good things take time, GREAT things just take a little longer. I'm sure we'll all be amazed when Dean finishes putting all the puzzle pieces together. Exciting times lay ahead IMHO.
Makamai
The "notes" could also refer to assuming existing liabilities of the companies acquired IMO.
Makamai
This is definitely not going to be your run of the mill airplane company. So far, QASP consists of a flight school, a joint venture to develop a new aircraft engine utilizing cool burning high efficiency engine technology developed and tested in the high performance auto racing venue, and a JV with Adelaide, a financial arm and 6 acquisitions of which 2 have been purchased to date. Once we know who these acquisitions are and see the how everything fits together as a conglomerate, I'm sure we'll be amazed at the companies potential going forward IMHO.
Makamai
Surfguy - if Dean wants to climb out of the Pinks, he will have to become fully reporting and begin filing 8Ks and 10Qs, however until that time, there is no requirement for pinks to file SEC docs.
Makamai
Although QASP doesn't have to make 8K and 10Q filings, if the plan is to get on a higher exchange, they will at some point have to begin meeting SEC filing requirements. For now, they have been making their OTC Pink Sheet filings, with the latest Quarterly Report filing made on Dec 18 2009 for the period ending Sept 30. http://www.pinksheets.com/pink/quote/quote.jsp?symbol=qasp
Makamai
Manti - a hanging man occurs on an uptrend, a hammer occurs on a downtrend. In both cases they indicate a potential trend reversal. They both physically look the same, however.
Makamai
Although we got a hanging man today, if pressure remains on the ask, we may not see any effects from it, or minimal at worst case IMHO. And of course if news comes out the ask pressure will be insurmountable.
Makamai
We formed a doji at EOD - still some indecision out there - an NR would certainly help eliminate it. All in do time however.
Makamai
I've been in and out of this one - basically IR has made promises but hasn't delivered. The company never advised the market what the addition of Air Star did to its bottom line. The stock price went up to about $.10 on the Air Star acquisition and has basically been dropping ever since. What makes you think this stock belongs in a class like QASP?
Makamai
Thanks Clay - excellent job as usual...
Makamai
QASP continued it's breakout today - looking good for tomorrow and once the first 4 acquisitions are announced as closed the sky is the limit IMHO.
Makamai
Wishing everyone a Happy, safe and most prosperous New Year and may the stock gods shine favorably upon us all in 2010.
Makamai
Agreed, the "New" company after the merger is much stronger going forward and in a position to definitely take advantage of Obama's emphasis in the health care industry and other government contracted arenas. I'm optimistic about NFRX's potential in 2010.
Makamai
I certainly hope so - my only real concern is that they dilute to increase the O/S vice giving investors the advantage of a forward split. They certainly can't leave the O/S at it's present level much longer IMO.
Makamai
Yea, the bid and the ask have really tightened up today...$.19/$.20
Makamai
Well they've won a couple contracts and completed the merger, so once things settle down, you would think management will begin to focus on building up the stock price to a more respectable level. Wouldn't take much with so few outstanding shares at the moment.
Makamai
Are we looking at time in the form of days, weeks or months?
Makamai
Oh ok - Spencyg stated that "Dean and Al have never been partners in either a corporate or LLC endeavor" and I was responding to that comment. Thanks for the clarification.
Makamai
Dean Bradley and Al Solaroli were partners in CET, LLC....Combustion Engine Technologies includes Lisa Bistro also of QASP.
The officers of the CET company can be found at http://sunbiz.org/scripts/cordet.exe? (1) go to "document searches", then (2) click on the first category "Corporations/Trademarks/, ...Enquire by entity name" now (3) type in the window Combustion Engine Technologies, and click on "search now" . Now (4) click on the top listing with document number p09000052517. Look under "Officer/Director detail" This lists the officers and principles of the CET company which was filed as recently as 6/17/2009.
You'll find:
Officer/Director Detail
Name & Address
Title CEO
BRADLEY, DEAN O
9300 NORMANDY BLVD.
JACKSONVILLE FL 32221
Title P
SOLAROLI, ABERTO
2870 STATE ROAD 13
JACKSONVILLE FL 32259
Title S
HERRING, JAMIE D
2233 SOUTH BROOK DR.
FLEMING ISLAND FL 32003
Title T
BETROS, LISA
4751 SAN JUAN AVENUE
JACKSONVILLE FL 32210
Hope this helps,
Makamai
Aloha Banker - I appreciate the time you are taking to provide posters on IHub an insight into the extensive DD you have done on QASP. Hopefully peeps have their listening ears on. It isn't often that a company of this expanse begins it's life as a pink where the small investor can benefit. Many remain a private corp until ready for an IPO, and then they begin their public life trading at much higher prices than we presently have with QASP. IMHO, this certainly will be a life changing stock for many including myself. However, the best is certainly yet to come and as each exciting chapter in the life of Quasar unfolds, their will be many very eye opening events that will certainly keep us on the edge of our seats.
Makamai
Rhino - I couldn't agree with you more. It's obvious the company is using the pinks as a starting place with no intention of remaining any longer than necessary. They have several options to use at their disposal for upgrading the exchange they are trading on. This process is similar to an IPO, except we get the benefit of buying in at a very cheap price as the company puts it' conglomerate together, rather than the company putting it together first and then presenting it to investors.
Makamai
Here is a summary of QASP's Quarterly Pink Report. Looks like management is very confident about QASP's future.
Makamai
Management’s discussion and analysis or plan of operation.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=qasp
During the next year,
1. Quasar Aerospace Industries plans to pursue a selective growth strategy. The Company will close the six acquisitions that are currently in progress.
1 a. . In addition, Quasar will evaluate and improve the synergies that result from having them under the corporate umbrella. These synergies include centralized purchasing, health care,accounting and legal support, etc.
2. In addition, the Company will continue the development of our VLJ and trainer aircraft, moving toward first flight and the subsequent certification by the FAA.
3. The Company will continue the expansion of Atlantic Aviation's flight training program.
3.a. Currently, the Company is working with the State Department and TSA in anticipation of opportunities to recruit foreign flight students.
4. Quasar has begun negotiations to fund Quasar Financial Corporation with capital that will enable it to finance the sale of our finished aircraft.
5. The Company began its stock buy-back program on September 30, 2009 and it will continue until the 20% goal has been reached.
5.a. It is the intention of the Company to acquire the outstanding shares for use in stock incentive programs for key employees in various subsidiaries.
6. The Company is anticipating growth in each of its subsidiaries to exceed 20% per year for the next two calendar years. Dean Bradley, CEO, is highly optimistic that all of these goals will be met, and is looking forward to building share value based on the completion of these efforts.
I figure, the longer we wait for news, the better it will be...
Makamai
Forming a nice GREEN hammer for EOD
Yea - nice to see a little tail on that candle stick at EOD...
Makamai
If you believe in the DD that enticed your sister to pass on her recommendation to you to get involved in this stock, then let your own knowledge based on your DD be your guide. Since you didn't sell your initial investment, averaging down is what many investors have done including myself.
Makamai
If you were planning on taking a tax loss with your plan to sell and buy back within the hour, you might want to check with your tax preparer - I think you would find that the IRS frowns on that.
Makamai
I would sincerely hope it would be a lot more detailed than that, giving more insight into the financial aspects of each entity, their revenue projections for 2010 and how it fits into QASP's Business Plan. Would be only fitting to discuss one acquisition per NR to do it adequate justice.
Makamai
The trend is definitely your friend and I suspect the upward trend will continue the rest of the week, and with any news it will make a sharp upward spike and establish a new and steeper trend line.
Makami
We formed a doji candle at the EOD which again bodes well for tomorrow.
Makamai