Friday, November 13, 2009 6:39:08 PM
Why Buy QASP - see the chart below which has made a bottom, and todays news states there are 6 acquisitions and $350 million in financing has been secured and closing to be within 30 days - now in today's business climate, you must have some serious confidence in a company to loan them that kind of money.... See NR above the chart.
Makamai
Quasar Aerospace Industries, Inc. CEO Dean Bradley Announces $350 Million in Funding Is Secured
Source: Quasar Aerospace Industries, Inc.
On 1:00 pm EST, Friday November 13, 2009
JACKSONVILLE, FL--(Marketwire - 11/13/09) - Dean Bradley, CEO of Quasar Aerospace Industries Inc. (Pinksheets:QASP - News) has been assured by their funding source that the entire $350,000,000 (350 million USD) will be closed and settled no later than December 15, 2009 and will start closing the 4 acquisitions immediately thereafter.
The extra $200 million dollars will allow us to close acquisitions #5&6. We have started the due diligence process on these and will be acquiring both of these in early 2010. These additional acquisitions and additional funds required to purchase them have contributed greatly to the delays we have experienced. We thank our shareholders for their patience as we progress from planning to implementation.
Makamai
Quasar Aerospace Industries, Inc. CEO Dean Bradley Announces $350 Million in Funding Is Secured
Source: Quasar Aerospace Industries, Inc.
On 1:00 pm EST, Friday November 13, 2009
JACKSONVILLE, FL--(Marketwire - 11/13/09) - Dean Bradley, CEO of Quasar Aerospace Industries Inc. (Pinksheets:QASP - News) has been assured by their funding source that the entire $350,000,000 (350 million USD) will be closed and settled no later than December 15, 2009 and will start closing the 4 acquisitions immediately thereafter.
The extra $200 million dollars will allow us to close acquisitions #5&6. We have started the due diligence process on these and will be acquiring both of these in early 2010. These additional acquisitions and additional funds required to purchase them have contributed greatly to the delays we have experienced. We thank our shareholders for their patience as we progress from planning to implementation.
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