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Re: Sputnik post# 142995

Saturday, 06/12/2010 3:21:32 PM

Saturday, June 12, 2010 3:21:32 PM

Post# of 375420

One more and many more to come!

April 30, 2010 Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., announces that QASP, with two other partners, has acquired the rights to purchase $150+ million worth of helicopter spare parts for $15 million. These spare parts will be shipped from their present location to the Jacksonville, FL area and sold/distributed worldwide over the next 5-7 years. QASP will control 51% of the venture and recapture its $15 million investment plus interest prior to any distribution of profits. Our partners have worked for five years obtaining the US State Department approval which is now in hand.

The funding is in our bank for closing Acquisition #3, which will occur the 6th of May in our conference room at Herlong Airport. The effective date of our takeover is May 1st. The details and name will be disclosed in a PR that afternoon.







Date : 05/06/2010 @ 4:07PM
Source : MarketWire
Stock : Quasar Aerospace Industries, Inc. (QASP)
Quote : 0.0128 -0.0005 (-3.76%) @ 9:01AM


Quasar Aerospace Industries, Inc. CEO Announces Closing of the Acquisition of Corporate Air Repair, Inc.

JACKSONVILLE, FL -- (Marketwire)
05/06/10
Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)

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. Closing this transaction, which is the third acquisition to be closed (not Target Acquisition #3), provides us with a full line maintenance facility which will be necessary for our Atlantic Aviation Training Academy as well as the jet aircraft and helicopters of the charter company which we will close later this month.

Please see the press release of March 19th for further details of this company.

A press release will be forthcoming in a day or so from Mineseeker UK with a report on the international land mine conference held in Croatia two weeks ago. The Chairman of that company has asked the QASP shareholders to cease their barrage of emails, which he will no longer respond to. Mineseeker and QASP will issue a joint statement in the very near future.


Contact:

Quasar Aerospace Industries, Inc.

IR@quasaraerospace.net


Aerospacecadet, how much is it we are charging for handholding DD again?