Saturday, December 05, 2009 6:33:27 AM
Dean Press Released "Quasar Aerospace Industries, Inc. Makes Major Strides Toward Transparency and is Upgraded by PinkSheets.com"
-- Quasar Subsidiary Featured in the Jacksonville Business Journal --
JACKSONVILLE, FL, Oct. 7 /PRNewswire-FirstCall/ -- Quasar Aerospace Industries, Inc. is pleased to announce the Company has filed updated financial statements for the quarter ending June 30, 2009 with PinkSheets.com. Upon doing so, PinkSheets.com upgraded our status. It is our intention to become fully reporting as soon as possible.
CEO Dean Bradley commented, "I want investors to know everything. Transparency is a key to making investors comfortable with our company. We will continue our efforts toward total transparency."
The Jacksonville Business Journal published a front page article on Atlantic Aviation on Friday, October 2, 2009. The article can be accessed at:
http://jacksonville.bizjournals.com/jacksonville/stories/2009/10/05/story2 .html
Both Quasar Aerospace and Atlantic Aviation have been invited to join the Greater Jacksonville Better Business Bureau and have - of course - accepted the invitation.
______________________________________________________________
In my opinion, this PR was not about becoming fully reporting or transparent at all.
Two reasons.
1. It never happened.
2. It was not a "Stand Alone" Press Release.
This Press Release was a way to get Investors to look at the Jacksonville Business Journal article only.
This was just another way for Dean to get people excited about QASP so they would buy more shares.
Funny how this guy is claiming to secure a $350 Million Dollar Loan, yet they can't even clean up the books enough to pacify the extremely slack rules and regs of PinkSheets.
That PR came out on 10.07.09
PinkSheets has still not been updated from that day's Press Release.
Check this out.
Quasar Aerospace Industries, Inc. Announces an Agreement for Its Third Acquisition
JACKSONVILLE, FL -- (Marketwire) -- 06/17/09 -- Quasar Aerospace Industries, Inc.
(PINKSHEETS: QASP) (formerly) Equus Resources, Inc. (EQUR).
Quasar Aerospace Industries, Inc. is pleased to announce the signing of an agreement to acquire a third aviation/aerospace company. The full Board of Directors of the company to be acquired unanimously approved recommending to the shareholders that they accept the offer of One Dollar per share for the 32,000,000 shares outstanding. The members of the Board hold over 80% of the outstanding stock so shareholder approval is certain to be obtained.
The company's name for the obvious reasons must remain anonymous until the transaction is closed, which is scheduled for the middle of August of this year. This acquisition will add approximately $18,000,000 to our annual revenues and $3,750,000 to the bottom line. The current management team will remain intact. Quasar's management team has been closely associated with this company for over three years, and is extremely pleased that they have elected to join our family of companies.
http://ih.advfn.com/p.php?pid=nmona&cb=1260011765&article=38276844&symbol=NO%5EQASP
August?
August?
Really?
What Happened?
{b]It got delayed.
It's December. August? Seriously???
Wait. Don't tell me. It's very complex and they will have to do all of the acquisitions at one time so no one realizes how much money is left on the table.
Here's my point about all this mess.
Individually, all of these acquisitions are supposedly worth much less than the total end deal.
Together, they are magically worth $350 million+?
Is QASP and Dean saying that they are the only ones who see and know this?
Is QASP and Dean going to rob these other companies of their monetary potential and Profit with a Conglomerate?
LOL!
Let's watch and see~
Keep announcing that you're "Smackin' the Ask" and I'll keep selling to you at a profit!
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM