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Tuesday, April 08, 2014 2:17:54 PM
Here's the most recent information directly from the CEO:
TODAYS NEWS:
Quasar Looks Forward to Entering the MJ/MMJ Industry
Tuesday, April 08 2014 9:34 AM, EST Quasar Looks Forward to Entering the MJ/MMJ Industry Marketwire "Press Releases"
JACKSONVILLE, FL -- (Marketwired) -- 04/08/14 -- Quasar Aerospace Industries, Inc. (OTC Pink: QASP) (PINKSHEETS: QASP) ("Quasar" or "the Company")
Quasar Aerospace Industries, Inc. is excited to announce that it has reached final terms with a medical and recreational marijuana dispensary and warehouse in Denver, Colorado . The terms shall be reviewed by counsel to ensure compliance with all laws and regulations for final approval and to permit Quasar in moving forward with the deal. The trip to Colorado has been an overwhelming success!
The dispensary is Natures Cure III, LLC located on East Colfax just east of Downtown Denver . It is in a prime location and its store front is of great interest to Quasar. Natures Cure III, LLC's biggest problem is having enough supply of cannabis to meet the high demand. This store front is amazing; it carries raw marijuana, BHO, hash, edibles, tincture, salves, shake and accessories. Its grow facility is ready for expansion and is continually cultivating pounds of product. This relationship with Natures Cure III, LLC is symbiotic in that Quasar can aid tremendously in the expansion and innovation of what is already an amazing business. We believe the price per share as well as the shareholder value should drastically improve with this newly found relationship.
In addition, Quasar's President Donnell J. Vigil attended the NoCo Hemp Expo in Windsor, Colorado and made additional contacts which can ultimately become future opportunities for Quasar going forward. The expo provided great insight into laws and regulations as well as displaying companies in this sector.
Quasar is finalizing its annual financials to be posted on OTC Markets this week. Once these are filed Quasar should return to Pink status.
Share Structure:
Shares Outstanding 840,348,920 a/o Dec 31, 2013
Float 814,348,920 a/o Dec 31, 2013
Authorized Shares 2,500,000,000 a/o Dec 31, 2013
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