Green Energy Enterprises Inc. (GYOG)

[Hole shot King]

like some articals out there proves it will all be up hill for $QASP
and there is so much dislike for them too

Quasar Aerospace enters the pot business

Quasar Aerospace Industries Inc. emerged on the scene in 2009 with promises of big deals that never actually materialized, but the Jacksonville-based company finally has completed an acquisition that is setting a new path for its future.

It bought a “hydroponic and scientific grow supply store” in Colorado Springs for $250,000 to serve Colorado’s legal marijuana industry.

“The parent company believes that it can brand, grow and implement sales strategies that will greatly improve the historical revenues and profits as well as broaden the reach through expansion of the corporation along with the explosive growth of the legal and medical marijuana industry,” Quasar said in a news release last week.

Publicly traded companies in the pot industry have actually become very common. There is even a website, marijuanastocks.com, devoted to the industry.

Quasar has been an aerospace company that operates a flight training school at Herlong Airport on Jacksonville’s Westside, and in 2009 it made a series of announcements about pending acquisitions that it said would add $150 million to the company’s revenue in 2010. However, those deals never came to fruition.

The following years brought several lawsuits and a federal grand jury investigation into the company’s dealings under previous management, but no criminal charges were ever announced.

Quasar’s stock is still listed on the OTC pink sheets under the ticker symbol “QASP” with a price of less than a penny per share.

In financial filings with the OTC, Quasar reported revenue of $28,473 and a net loss of $67,480 from its flight training operations in the first quarter this year.

https://www.jaxdailyrecord.com/showstory.php?Story_id=543400