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Thursday, October 15, 2009 7:43:02 PM
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JACKSONVILLE, FL, Aug 26, 2009 (MARKETWIRE via COMTEX) -- Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) (formerly) Equus Resources, Inc. (EQUR) is excited to update our shareholders on several fronts today. We are providing an update on our recent capital raise including future capital requirements, our first four acquisitions and the updated Atlantic Aviation website.
The company does not anticipate a need or any reason to return to the capital markets for additional funding. We have been very successful in raising the funds needed thus far, and we are confident we can operate quite comfortably with the capital currently raised. This should give shareholders confidence in knowing that our share structure will likely not change for the foreseeable future. The world economic situation is unpredictable lately as we all know and things could change. That being said, we remain confident.
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