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Saturday, July 17, 2010 9:00:02 AM
"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."
and here is the PR we got that afternoon:
"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."
The only manipulation going on here is shareholders high-hopes, and my account is open book to anyone, I am STILL a shareholder who has put principle in front of profit with QASP. I have not averaged down my position to take advantage of any drops, let alone even to see any profit taking here!
http://finance.yahoo.com/news/Quasar-Aerospace-Industries-iw-2279194530.html?x=0&.v=2
http://finance.yahoo.com/news/Quasar-Aerospace-Industries-iw-672644704.html?x=0&.v=1
Si vis pacem, para bellum
("If you wish for peace, prepare for war")
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