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An open letter to the members of this board

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Bill Cirmo   Monday, 04/14/14 11:51:28 PM
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An open letter to the members of this board
Posted 14 April 2014

I am Bill Cirmo. I am the Chief Operating Officer and a Director of Quasar Aerospace Industries, Inc. and the President of Atlantic Aviation Inc.

I am not a daily reader of this, or any other, IHUB board but discussions on this board concerning me were brought to my attention by other readers.

Let’s set the record straight.

This is my first posting and I have never posted before on this board. If I had, I would done so in the same manner I am addressing these issues with my full name for all to acknowledge. I have not, and would never, hide behind some fictitious screen name. I also do not provide back door information to members so they post or have family or friends post information I provide them.

I have been asked, via emails, for opinions in the past. I have responded directly and promptly with any information requested.

I find it very disingenuous some that have posted falsehoods about me on this board for the past 2 days were the very members I have provided information and answers to.

For the past 4 years I have worked harder than any other person ever would have to move QASP forward. For MONTHS on end, I worked 10-12 hours a day, 6 or 7 days a week. There were many instances where I worked 24 hour periods. I never went home, just took a shower and started a new day.

I do own shares in the company. I BOUGHT these shares with back pay that I was owed. I have NEVER sold 1 share I owned. These allegations that I am now hurting the shareholders by dumping shares are completely false! Let me say this again, I have never sold 1 share of my stock.

During the transition to the new direction for QASP, I have remained at my post teaching students so they could finish their instructional programs. I have done this despite being provided little compensation. If you review the first quarter 2014 financials, you will see that I received a few checks for $200 to $500 for the entire quarter. For this incredible effort, I have now been slandered and presented to be incompetent and not a team player.

Allegations that students do not come in for flight lessons with me are disgusting. I am a professional flight instructor with impeccable credentials. A records search would indicate that my students have a 100% pass rate on their FAA Flight Check Rides and Written Tests. 100%!

I would suggest that before any member make additional unsupported and false accusations concerning me, you contact me directly for an input. My email is billcirmo@atlanticaviationinc.com and my direct office number is (904) 378-3259.

I am at your request

Respectfully,

William Cirmo


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