SOURCE: Quasar Aerospace Industries, Inc.
July 19, 2011 16:30 ET
Quasar Announces Corporate Action
JACKSONVILLE, FL--(Marketwire - Jul 19, 2011) - Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)
Quasar, its officers and directors, have taken action to preclude its former chairman, Mr. Dean Bradley, from voting or converting his preferred shares due to potential actions of fraud, self dealing and the release of inaccurate public statements to the public. The company has taken this action in order to protect the company and its shareholders from further harm. Upon concluding our own investigation, we reserve the right to cancel those shares and seek further damage.
