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Re: DigitalTradz post# 32765

Monday, 09/28/2009 1:05:10 PM

Monday, September 28, 2009 1:05:10 PM

Post# of 375420
Read it again there are potentially 7 on the table:

On Tuesday of last week a critical meeting was held regarding our recently announced acquisitions. Quasar Aerospace Industries CEO, Dean Bradley, and Senior Vice President for Administration, Lisa Betros, were in Kansas with the executives for two of our acquisitions along with the legal teams for those companies. Also attending were attorneys for Quasar coming in from Seattle and Philadelphia. In this series of meetings we were able to complete the Definitive Acquisition Agreements, the employment contracts for key employees, and the incentive plans for the employees of the subsidiaries. Also discussed was a new opportunity that will potentially become part of Quasar Aerospace Industries.





On Monday, September 21, 2009 executives from our wholly owned subsidiary, Atlantic Aviation, took delivery of a pristine Piper Seminole for $89,000, which is an excellent twin engine trainer. Atlantic Aviation President and Chief Flight Instructor, Joshua Henderson, and Atlantic Aviation's Director of Aircraft Maintenance, Raymond Frez, raved about the plane after their cross country flight with the aircraft. In the present economic environment now is an ideal time to be adding to the fleet.




We have been asked what Redbird simulator we purchased and installed at the Herlong Airport, it is their FMX Model. We are pleased to announce that we purchased this top of the line unit for $80,000. We are so pleased with it that we have now ordered a second identical unit.




The company is on track to execute our business plan. The management team is working diligently to complete the first four acquisitions, and will then proceed on two more acquisitions shortly thereafter.