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Re: Pennydog post# 179403

Thursday, 08/19/2010 12:02:25 AM

Thursday, August 19, 2010 12:02:25 AM

Post# of 375420
Latest IR Reply... 8/18/2010

Re: QASP May 05, 2009 Press Release _ APEX engineeringWednesday, August 18, 2010 10:34 PM
From: This sender is DomainKeys verified xxxxxxx@yahoo.com>

To: "IR QUASAR AEROSPACE" <ir@quasaraerospace.net>Cc: "Kimberly Morrison" <kmorrison@bizjournals.com>, "Jacksonville BizJournal" <jacksonville@bizjournals.com>

Dear IR,

Thank you for your timely and frank response.

Yes, you are correct, it is not the information I wanted but I guess it is all We are going to get at this time.

I sincerely hope time will prove that there is a good reason WHY QASP Management has been treating the Shareholder like MUSHROOMS... Yes, Mushrooms... !!

Most have been very loyal to Mr Bradley ... missed deadline after missed deadline after failed to deliver action after failed to deliver action... WE DESERVE BETTER.....

Please pass this on to Mr Bradley and our new Management team.... Many of us will be attending the October 8, 2010 Shareholder meeting and I can tell you right now.... better schedule lunch a little later... for one hour will not be enough time for a presentation, let alone Questions and Answers.... Heck... at this point I alone have enough questions to fill at least 39 minutes so take it from there....

PLEASE.... Communicate the facts with the owners of the Company..... the Shareholders...

Have a profitable week....

xxxx xxxxx
xxx xxx xxxx

--- On Wed, 8/18/10, IR QUASAR AEROSPACE <ir@quasaraerospace.net> wrote:


From: IR QUASAR AEROSPACE <ir@quasaraerospace.net>
Subject: Re: QASP May 05, 2009 Press Release _ APEX engineering
To: xxxxxxx@yahoo.com
Date: Wednesday, August 18, 2010, 9:33 PM


Mr xxxxx,

I have been told by management that I cannot answer any questions concerning acquisitions .Our team is in place and they are going over everything that has happened with Quasar from beginning until now .They are in somewhat of a quiet period so that they can get caught up to speed with every detail of Quasar.However ,I can tell you that Apex was not acquired in May of 09.

I wish that I could tell you more information ,but I am not allowed at this time.

I wish you the best and have a great day .


On Wed, Aug 18, 2010 at 11:06 AM, xxxxxxx@yahoo.com> wrote:

Good Morning IR QASP..

You have been very busy since we last wrote. Hope this keeps up
and you are VERY busy in the next few months. There are many questions in the Shareholder world and few answers.

I am confident you will change that situation to one of "Transparency"...

On May 05, 2009 QASP announced the accusation of an Unnamed
Company for $54 million with private financing.

Is / was that company Apex Engineering International ?

If not, who is the company in the may 05, 2009 release?

IF APEX was the subject of the may 05, 2009 press release, Is APEX now owned by QASP and
part of the QASP holdings ?

Many inquiring minds want to know : it is becoming impossible to responsibly manage my investment in QASP
when the company is not providing stockholders with material information on a timely basis.

Looking forward to your timely response.

Have a wonderful day..

xxxx xxxxx
xxx xxx xxxx
====
Quasar International Holdings, Inc. (Formerly Quasar Aerospace Industries, Inc.) Announces New Management Team 08/17 08:01 AM



JACKSONVILLE, FL -- (MARKET WIRE) -- 08/17/10 -- Quasar International Holdings, Inc. (PINKSHEETS: QASP)
Dean Bradley steps down as CEO/President of Quasar International Holdings, Inc. and announces the appointment of a new management team.

Dean Bradley said, "I am delighted to announce the appointment of a new management team, with immediate effect. My original vision -- to create a group of companies with complementary, ground breaking technology and products -- is in place. I brought the company to a point where we have agreed on exciting acquisitions and now need to secure the inward investments to carry this through. Several funding deals are in the final process of negotiation and the new appointments will provide a dynamic and talented team with the experience to move through to completion." He added, "I will serve as Chairman but the running of the company will now be in the hands of this exciting and determined team. The Mineseeker Operations acquisition will be the first to complete, giving us our first high profile international business interest. We have agreed to a short extension with Mineseeker Operations management to facilitate the new team's completion of funding and closing the MINESEEKER acquisition as its first priority."

The executive consulting management team will now be in the hands of Jeffrey Landreth, Chief Executive Officer, Gene Johnson, Chief Financial Officer and Lisa Betros, Chief Operating Officer. Each of these officers have agreed to join the board with their new responsibilities to assist the company in connection with the completion of fund raising, the finalization and closing of the Company's various investments and acquisitions, and with the organization and administration of the holding company and its subsidiaries.

With these appointments, Quasar is expressing its commitment to finalize its funding packages and closing on its remaining acquisitions. Dean Bradley will work diligently with the new Senior Management Team to pursue the company's goals and objectives. In announcing these appointments, Mr. Bradley says, "We are very proud and excited to be able to attract the talent and interest of people such as Jeff Landreth and Gene Johnson and to secure a much more expanded commitment from Lisa Betros who has served as Sr. VP for the past two years. They will provide solid, proven management, administrative and leadership skills for the company as we continue to move forward with the implementation of our vision."

Jeffrey Landreth commented, "This is an exciting venture and I firmly believe that Dean Bradley's vision in lining up world class acquisitions will create a unique and high profile technology group." CFO Gene Johnson added, "After funding is completed, Quasar will be in a position to deliver real and sustainable shareholder value." Moving up to COO Lisa Betros said, "Having worked at Quasar for two years I have great confidence that the new group, together with its acquisitions will fulfill the potential in which we all believe."

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Quasar Aerospace Industries, Inc. (QASP:$0.0056,$0.0014,33.33%) under take no obligation to update such statements.
Contact:
Quasar International Holdings, Inc.
IR@quasaraerospace.net
============================
CONTACT US
Administrative Offices and Plant I
1234 Wellington Place
Wichita, KS 67203
316-262-1494
Click here for map

Plant II
1812 W Second St
Wichita, KS 67203
Click here for map

Apex Composites, LLC.
414 Chamber Loop Dr
Ada, OK 74820
580-436-6444
Click here for map

Jeff Landreth
Chief Executive Officer & President
j-landreth@aeillc.com

Gene A. Johnson, CPA
Chief Financial Officer
gene.johnson@aeillc.com

David Lee
Director of Quality Assurance
dlee@aeillc.com

Craig Befort
Director of Engineering
cbefort@aeillc.com

Mike Williams
Director of Manufacturing
mwilliams@aeillc.com

Scott Malcolm
Director of New Business and Scheduling
smalcolm@aeillc.com

Larry Landreth
Director of Safety and Maintenance
llandreth@aeillc.com


====
Posted by: Tufan123 Date: Tuesday, August 17, 2010 1:22:39 PM
In reply to: gattes12 who wrote msg# 178566 Post # of 179181

READ THIS!!!!
May 05, 2009 12:22 ET
Quasar Aerospace Industries, Inc. Announces an Option to Acquire Manufacturing Company

JACKSONVILLE, FL--(Marketwire - May 5, 2009) - Quasar Aerospace Industries, Inc. (PINKSHEETS: EQUR) (formerly) Equus Resources, Inc. (EQUR)

Quasar Aerospace Industries, Inc. is pleased to announce the signing of and execution of a binding agreement to acquire a manufacturing company that will provide production capability for the Quasar line of aircraft currently in development. For security reasons the name of the company will not be divulged until the acquisition is closed.

The acquisition is to be made with private funding at $54 million, of which $40 million will be in cash and the remainder in assumption of liabilities. This acquisition when it closes sometime prior to July 31, 2009 will add approximately $44 million to our revenue stream and $10 million in EBITDA.

The company to be acquired has a vast range of capability in the aerospace industry, and operates three plants totaling approximately 300,000 sq. ft. The company owns two of the plants equaling 190,000 sq. ft. and leases the third plant. The handsome revenue and profit numbers are achieved with less than 250 employees, and does so with a superb safety record.

Dean Bradley, the company CEO, is pleased beyond words that this superbly managed company has elected to join the Quasar Aerospace family.

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Now from APEX website:
CONTACT US
Administrative Offices and Plant I
1234 Wellington Place
Wichita, KS 67203
316-262-1494 begin_of_the_skype_highlighting 316-262-1494 end_of_the_skype_highlighting
Click here for map

Plant II1812 W Second St
Wichita, KS 67203
Click here for map

Apex Composites, LLC.
414 Chamber Loop Dr
Ada, OK 74820
580-436-6444 begin_of_the_skype_highlighting 580-436-6444 end_of_the_skype_highlighting
Click here for map
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
--


Thank you for your patience and interest in Quasar International Holdings,Inc. (formerly Quasar Aerospace Industries, Inc.)

Please visit our website to see our latest press releases or to listen to Mr Bradley on the conference call to investors at

http://www.QuasarAerospace.net/