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Re: gattes12 post# 143361

Monday, 06/14/2010 1:53:16 PM

Monday, June 14, 2010 1:53:16 PM

Post# of 375420
You need to catch up on news....

Quasar Aerospace Industries, Inc. closed at $0.0128 Friday, trading 22,628,643 shares.

Quasar Aerospace Announces Progress for the Funding Required for Its Targeted Acquisitions

JACKSONVILLE, FL, June 14, 2010 -- The CEO of Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP), Dean Bradley, announces Newby & Associates, Inc. has received confirmation from the Trust company confirming their bank's outgoing swift of a $125mm standby letter of credit to the Trust Company's Bank.

About Quasar Aerospace Industries, Inc.

For more information about Quasar Aerospace Industries, Inc., please visit www.quasaraerospace.net.

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