Donnell swore under oath in the Verified Complaint that:
9. On March 17, 2009, Quasar Aerospace Industries, Inc. (Delaware) was merged into Equus Resources, Inc., a Colorado corporation (“Equus”) which was a dormant Pink Sheet public shell, which changed its name to Quasar Aerospace Industries, Inc. (Colorado).
Merger contract backs that up:
Section 1.4 Tax Matters: Books and Records. (a) The books and records, financial and others, of EQUS are now in the custody of QASP and a current balance sheet is being worked on by management. There has been little or no business conducted in almost two years, therefore an operating statement will not be available.
Was qasp a shell?
What is the law regarding issuance of shares?
Where is that 1st page of the CD doc?
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