CORPORATE FOCUS

New MM on the bid BNCH pretty aggressive on moving up and placing big blocks.

Anyone use Scottrade to buy this?

Over 2.5 million on the bid at 27 & 28 and only 700k between here and a penny. This thing is ready to blow!

The 2.7 mil has been there for days. It seemed to have killed the last run into the 4's. The person that keeps putting the big 4 million block up then pulling it minutes later is either an idiot or trying to get people to sell.

Big hits coming in. .0035 x .0047

Setting up nice. Slowly building. Bid support looks good. Sellers out and plenty of room to run.

It's thin all the way through the 3's. If it had a fraction of the buying pressure there was last week it would fly. Low volume bid whacking.

Looks pretty thin.

Not only that, but the deposition was taken prior to the completion of the merger.

My concern was also from the perspective of a future Centacom shareholder participating in the stock swap. Had the purchase of NHSH been done by QASP and somehow the justice system failed with Jeff no longer retaining control of QASP. You would have Centa indebted to QASP for the purchase of the shell with Joe in charge. Surely not a good scenario. Thankfully that isn't the case. I don't need him meddling any further. Clean slate.

Thank you!

Ah yes "GIFTS" are typically given out in this manner. Forgive anyone for trying to find some underlying motivation that would make any of this make sense.

..and your sarcasm still doesn't answer the question whether it was personally or corporately?

Was NHSH purchased with QASP money by Jeff as CEO or personal funds? I wonder what cost Centa paid to purchase the shell. If little to nothing it seems that they would owe Quasar shareholders something on that alone if it was QASP money.

I imagine that when and if the merger goes through that shares only qualify for the exchange if they're settled. So last minute purchases might not qualify IMHO.

These guys just don't know when to quit.

Quasar Announces New Management
8 minutes ago - Marketwire via Comtex
Marketwire

Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) is pleased to announce they have appointed Joseph C. Canouse as their new President and CEO to head the company. Mr. Joshua Henderson will remain as the Chief Operating Officer and the company would like to thank him for his assistance during this transition period.

Mr. Canouse will focus on bringing value to all the shareholders by addressing several of the outstanding issues the company has in respect to its acquisitions, creditors, and ongoing operations. The company hopes to update its financials and reporting status shortly and will update its shareholders as developments dictate.

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 Quasar Aerospace Industries, Inc. under take no obligation to update such statements.

CONTACT:

Quasar Aerospace Industries, Inc.
Joshua Henderson
904.378.3259

Centaflix is being absorbed into Quasar but...

LMAO...Really Sput?! Not only have we repeatedly had confirmation on both sides that the relationship between Mineseeker and Quasar exist, but you can go directly to The Sole of Africa home page and see "Quasar Aerospace - Corporate Patrons" under "Partner Links." You do know that The Sole of Africa campaign was started by Mineseeker right? Not to mention the whole reason we were even discussing the video was because it mentions Quasar at the end of it. This is a Quasar board isn't it? Please explain how this has "nothing to do with QASP" when it directly mentions QASP?

...and while you're at it you can also explain to me why you're quoting something in your reply to me that I didn't even say?

Don't know for sure. Like I said in a previous post I know I remember seeing it personally a few months ago. If you do a search for Mineseeker on Youtube you can see that several users added it "3 months ago." So I would say it's roughly that old if not just a little more.

BTW if anyone wants to question the legitimacy of that video they can find it on the Sole of Africa site if you look hard enough rather than Youtube. You'll have to register, but go here: http://www.thesoleofafrica.org.za/index.php?option=com_content&view=article&id=206:tvc&catid=25:the-project&Itemid=60

The video is really small and you can't make out that part at the end so right click, go to properties copy the url for the video itself (below, but I don't know if it'll work without registering first) and open the video in it's own tab/window. Then right click the video and zoom in %200 and you can clearly see that part is legit straight from The Sole of Africa which is from Mineseeker.


http://www.thesoleofafrica.org.za/images/stories/videos/mineseeker_30-An3s%20QT%20Pres.wmv

I think this has been out for a few months. Looks familiar to me. I just don't think many people noticed that part. Plus, it says a partnership with "Quasar Aerospace" rather than "Quasar International Holdings."

http://web.archive.org/web/20070124205340/cetengines.com/index.html


Still has links to INNX. Looks like it hasn't been updated in years.

I would guess Quasar got a good deal on it. If Dean truly did invest 8 million up to this point, then he would seem to have more at stake in Quasar's success. Not to mention the Betros family having a great deal of risk exposure and a vested interest being large shareholders in QASP. They seem to have more at stake with Quasar so they rolled a profitable business of theirs under the Quasar umbrella in order to stabilize it and add further value IMO. Looks like a win win.

I've been leaning more and more towards this assertion over the past couple of weeks. Some of his moves over the past couple of months seem so boneheaded that I can't possibly see how they would of happened unless they were deliberate. One can only stay patient and loyal for so long. At some point you have to earn the loyalty. I can keep an open mind to the possibility of some things being out of his control, but the negatives are really starting to over power any redeeming factors I can find.

Like I said:

Not only does that amount to being quite a serious accusation, but completely contradicts all bear logic that this is just a scam and he's running away with money made off dilution. So now if he did loan QASP 8 million, it was just money made of dilution that he is purporting to be his own?...but yet he used it to fund acquisitions therefore using the money to build the company and not just line his own pockets. Which is it? He's running away with the money from all the shares he's selling, or he's using the money from dilution to fund company growth?

...oh wait I know...The money is from dilution, he claims it as his own, lends it to Quasar, but doesn't really lend it or use it to fund acquisitions. He's just lying about that too. My what a nonsensical and complicated web we weave.

Not to mention Dean has risked 8 million dollars of his own money up to this point in order to keep it together. Anyone think he would dump that kind of change if he wasn't completely sure he'd pull it all off?...I'm hoping for some indication of loans received from the CEO in the audited financials in order to get some better verification on this. If so, this alone makes me more willing to get in deeper here and hold.

I see this topic come up so often. I thought of this myself. Here's what my speculative opinion is based on the information I've gathered about MS. As I understand it MS doesn't own this technology but licenses it from the British Ministry of Defense exclusively. With Mineseeker being a non-profit organization their interest doesn't lie in investing in cost of employing the pilots and acquiring the fleet of aircraft necessary for use. I highly doubt the Brits would allow them to relicense this technology to other companies or organizations for them to use. The loophole in this? Form a for profit arm of Mineseeker as they are the only ones allowed to use the technology and partner with an aerospace company that would have all the necessary aircraft to fit the radar to. Seems like a natural fit. People keep implying that MS just sold this technology to QASP for a couple million and that's why this doesn't make sense. The problem with that line of thinking is that a)We don't know what the total cost is that QASP is going to be paying for the use of this technology. We've just heard a little about what has been paid SO FAR. b)The people affiliated with MS aren't just selling the rights and walking away. QASP will own 51%. They will own the rest. This technology final being put to use will benefit them greatly financially as they will still be getting 49% of the profits. If anything this makes complete sense. The only thing I couldn't figure was why no other aerospace company had not been all over this cash cow before. Maybe Dean wasn't the first to see the potential here, but still the first see the opportunity to gain access to the technology by creating a partnership deal with the only organization with rights to it.


...maybe I'm off here but that was my opinion.

Is this some kind of joke? Seriously. Show me a penny stock that has 100% confirmation on the eventual receipt of 460 million dollars in funding that's trading at .0101. I don't know why people insist on playing these games. It's speculation till confirmation just like every other penny stock out there. There's plenty of verifiable details out there. If it's not enough for you, then fine don't buy. All the fud in the world won't stop the eventual outcome one way or another.

You know usually I don't entertain post like this because the logic behind them seems so fallible that I feel like I'm being baited when responding. This whole argument you're presenting of this behind a scam by digging through old PR's and filings and cherry picking information really is looking weak. Maybe you just refuse to notice the parts that explain these things before you even post about it. For all this digging you seem to be doing it amazes me the information you miss from the same sources you find all this evidence of this being a scam. Two things about this post. First off, your estimation of 17 million dollars has a wide margin of error. At this point no one has any idea exactly how many shares have actually been used to raise capital, or how much money would have been raised from those shares. Second...What does he have to show for it? Did you conveniently miss all the PR's, CC's, and filings that pertained to the development and growth of the company in the past year? Granted some of the efforts of the past year haven't resulted in anything tangible yet as they are still working on putting this all together. However, we've had Atlantic Aviation grow exponentially. They've had to buy new helicopters, hire new staff, and are in the process of building a new facility. We've fully acquired Corporate Air Repair as well as two other acquisitions, purchased helicopters parts worth more than $150 million, formed Tigerfish USA and made a significant investment so far in developing the RAPT technology, and continually paid to have the options open on Mineseeker as well as other acquisition(I believe in one of the CC's Dean said he even loaned some of his own money to some of the targets for their business needs till the funding arrives). This is just off the top of my head. He really has made this whole share selling scam one elaborate hoax hasn't he?...and if you're going to make the claim that funding has been delayed again, can you at least wait till the time frame he gave actually expires? My god are you that interested in portraying this as a scam for no other reason other than to just do it?

Welcome our new assistant mods AdultProdigy, di4, j$tops, and rebelgirl.

Never mind the money. Where'd they get the shares? That's a big chunk. Wonder if those were bought up over days? Shares that were issued but never used? Or if they got them through some kind of dutch auction or fixed price tender offer.

Well that's a step in the right direction. I emailed them before and asked why it was so high. Didn't look too promising in a stock with a low OS and so much dilution room. This definitely adds confidence.

Stratton Holdings, Inc.
650 Castro St. Ste 120-426
Mountain View, CA 94041


Management has issued a request to Broadridge Financial Solutions, Inc. for a Non-Objecting Beneficial Owner List. This was submitted May 19th, 2010.

For clarification:

What Does Non-Objecting Beneficial Owner - NOBO Mean? A beneficial owner who gives permission to a financial intermediary to release the owner's name and address to the company(ies) or issuer(s) in which they have bought securities. Companies and issuers request this personal information so they can contact the shareholder regarding important shareholder communications (such as proxies, circulars for rights offerings and annual/quarterly reports).

Purpose:
To begin a new project where company and shareholders more easily communicate and work together towards the goals of the company. Also to establish relationships with all shareholders so management has a better reality on whom the larger shareholders are and can proceed in creating a relationship with them.

Here we go again...

The OS as of April 6, 2010 was 624,056,686 with 137,404,282 shares restricted and 486,652,402 freely trading shares as verified by the TA and other posters. On May 12, 2010 pinksheets posted a filing showing that there would be 57 million shares added to the outstanding. TODAY we got another filing showing that the OS is now 681,056,686 with 144,404,282 restricted. An increase of exactly 57 million shares with 7 million added to the restricted and 50 million unrestricted.

Your argument:
Last week the restricted was "87,404,283" and the unrestricted was "536,662,404" giving us an OS of 624,066,687 and an increase of 50,010,002 to the unrestricted of 486,652,402 from the April 6th number (10,002 shares more than what I said when I said it went up 50 million. Thanks for supporting my point BTW)...then this week we have a filing showing the restricted at 144,404,282. Which is an increase of 56,999,999 from the number you were given last week. Which means that between April 6th and that call of yours last week the restricted went from 137,404,282 DOWN to 87,404,283, a drop in 49,999,999 shares, only to go back up one week later 56,999,999 shares to our current number. That's all fine and dandy but...Tell me again what number did I say went up by 50 million? Your numbers are still saying that the UNRESTRICTED went up over 50 million shares between April 6th and today. That's what I said isn't it?

...do I really have to keep arguing about this? Really bud, I wish you luck here. Simply put the freely trading went up 50 million shares.

I would call PacWest on Tuesday(probably not open on Monday), but quite frankly I don't care. We have the numbers in the filing. No need to debate it. How about this...what was the unrestricted last week? This week it's 536,652,404...so YOU tell me how much that number went up so that it's not MY perception. Funny thing about perceptions is that some people try to take an obvious negative and spin it around to fit their agenda. The OS went up which everyone can accept and use that information to there advantage if they trade here. More information is better. If the PPS went up while 50 million shares were added to float then it is a rather positive sign now isn't it?! So this would actually be a good thing...Just cause someone post ACCURATE information doesn't put a particular motive behind it aside for simply presenting the information.

...and you continue to ignore that the unrestricted have gone up. I don't care to argue. I presented accurate information based on what we are all given. Like I said before, good luck to all invested here.

Refer to post 30772 for the numbers that were given on that day. You are consistently picking arguments with people that are giving accurate information out. I highly doubt the 87 million restricted number that you claim to have received last week. Seems you are the only one that was given that number apparently.