InvestorsHub Logo
Followers 5
Posts 115
Boards Moderated 0
Alias Born 03/02/2007

Re: xZx post# 117972

Thursday, 05/06/2010 11:08:42 PM

Thursday, May 06, 2010 11:08:42 PM

Post# of 375420
May I ask some simple questions? Does a non-public company transfer ownership through stock? If not, then does this mean that the QASP stock given to them as down payment was return for the cash?

"Dean Bradley, the CEO of Quasar Aerospace Industries, Inc. announces closing the acquisition of Corporate Air Repair, Inc. The payment for this wholly owned subsidiary was made and the stock of the company delivered to us by the owner and his attorney."

Thanks