Saturday, July 24, 2010 3:52:02 PM
Sure it was not cool that a poster here found the filing in advance of the the massive sell off, then Mr. Bradley scrambled to put out a PR later that day. There are just way too many unknowns about it to assume that it was done this way intentionally.
Made a mention of this before and I was off a bit in my recollection of the timing, I just remember everything happening in a very rapid fashion ... The SP plunging and recovering somewhat. At any rate, here is the play by play of that fateful day, as it pertains to time lines:
Posted by: jwkinche Date: Tuesday, February 09, 2010 2:51:37 PM
In reply to: None Post # of 167708
New SOS filing... not sure what to make of it. :|
insert-text-here
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46460908
Posted by: wellitsabouttime Date: Tuesday, February 09, 2010 2:57:02 PM
In reply to: None Post # of 167708
New Colorado SOS Posting - Amended and Restated Articles of Incorporation
AS going to 1.5 billion
WWW.SOS.STATE.CO.US
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46461253
Posted by: The Financier Date: Tuesday, February 09, 2010 3:31:27 PM
In reply to: None Post # of 167708
NEWS OUT!!!!!!!!!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46463582
Posted by: jahnny Date: Tuesday, February 09, 2010 3:32:35 PM
In reply to: None Post # of 167708
Quasar Aerospace Industries, Inc. CEO Announces Increase in the Corporation's Authorized Shares
Market Wire "US Press Releases "
JACKSONVILLE, FL -- (MARKET WIRE) -- 02/09/10 --
Quasar Aerospace Industries, Inc.
(PINKSHEETS: QASP) -- Dean Bradley, the CEO of Quasar Aerospace Industries,
Inc. hereby informs the public that the Board of Directors of the
corporation has approved unanimously a resolution increasing the number of
Authorized Shares (A/S) of common stock from 750,000,000 to 1,500,000,000.
The officers have filed Amended and Restated Articles of Incorporation with
the Secretary of State for Colorado effecting this change.
The reason for this change is that the terms of the funding of the balance
of our $350,000,000 financing requires us to issue Class B non-voting
shares equal to forty percent of the total outstanding common stock to the
lender.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46463654
Roughly, 35 - 40 minutes from the point of discovery to the PR hiting the wires.
At the core of this destructive mindset is an inherent falsification, pragmatism's Achilles Heel; for the most pragmatic act of functional consequence is the lie.
Lawrence W. Hilliard
