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Friday, April 02, 2010 10:39:38 AM
Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., announced that he has purchased for his personal account in excess of 6 million shares of QASP.
The company said it is his intention to continue to buy the company stock as long as it remains at this artificially low price.
According to a release, the corporate buyback of company shares will begin in earnest the first week of April 2010, and will continue until the company has repurchased up to 20 percent of the total outstanding shares.
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