Theyre probably just pissy because they bought in on the peaks expecting to flip a stock at its prime, but then cried when the stock pwice went down..
Quasar has a lot of great potential and is still increasing and expanding even if the loan does not come through. They just bought a new plane for instructing and increased staff.
Quasar Aerospace Industries, Inc. CEO Announces Progress Report for Atlantic Aviation, Inc.
Thursday 03/25/2010 3:09 PM ET - Marketwire
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Due to the increased student enrollment, we have had to double our floor space, hire two additional instructors, place a Designated Pilot Examiner on staff, and acquire another Cessna 172 SP primary trainer. Thanks to the efforts of Joshua Henderson, President and Chief Operating Officer of Atlantic Aviation, Inc., and his team our revenues have quadrupled over the last three months. The application for approval by the U.S. State Department is progressing and we look forward to beginning to import students from our associates in India. The approval for a FAA Certified 141 Flight School is currently being processed which will enable AAI to further expand its operations to a global market. The addition of William Cirmo, a retired Naval Commander as Chief Pilot and Director of Operations, incorporates his former military experience to elevate AAI's flight training program. Furthermore, the addition of Rich Tillery, a highly respected aviation expert, lays the foundation for expansion into helicopter operations.
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