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Monday, May 31, 2010 11:34:07 AM
It's right there in the ibox. Here's what it says:
May 27 ,2010 The CEO of Quasar Aerospace Industries, Inc., Dean Bradley, announces that Newby and Associates has acknowledged that its institution is in receipt of the necessary Quasar Aerospace Industries, Inc. stock to secure the necessary bridge financing of $500,000.00 which shall cover expenses for the investment grade collateral securing the first $10,000,000 loan. This statement confirms the Press Release of May 24, 2010 wherein it was stated that $5,000,000 of the $10,000,000 will be used to cover expenses for investment grade collateral securing the $100,000,000 loan.
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