LMAO..Remember March 2010 QASP PR where "Corporate Air Repair, Inc." was acquired by QASP ?
It was only later found that " allegedly' QASP "ONLY" acquired a "Percentage" and "allegedly" 2 QASP Corporate Officers has "also" acquired the "balance" of the company..?
That is if my memory is correct.. of MAYbe it was another "acquisition" ???
In the first quarter of 2010, Quasar closed the first two targeted acquisitions. A third acquisition, Corporate Air Repair, LLC,closed in the second quarter of 2010. This acquisition added maintenance capabilities to the growing fleet of aircraft for both Atlantic Aviation, Inc. and its other corporate aircraft. This was not one of the initial four targeted acquisitions. In the third quarter of 2010, the Company closed the acquisition of CET Corporation; however, a decision was made to rescind the acquisition agreement with CET.
Corporate Air Repair, LLC (CAR) – This Company is a partially owned subsidiary of QAC. QAC owns 1/3 of this Company which operates an aircraft maintenance facility located at Herlong Airport in Jacksonville, Florida. CAR is the only maintenance facility located at the airfield and specializes in Cessna and Piper aircraft. CAR is especially skilled in aircraft engine rebuilds; standing by its product with a guarantee not found in the aviation industry. As a secondary production CAR is expanding its operation to include aircraft sales. The personnel at the maintenance shop are highly qualified and able to refurbish damaged and neglected aircraft to flying status. The aircraft will be available for resale once the aircraft are rebuilt and test flown to the Company’s standards.
doughboy2 Monday, 05/19/14 06:41:43 PM Re: SJOGRINGO post# 314005 Post # of 314023 It was originally filed under vigils personal name.
Either an "oversight", again, a "typo", again, or the lawyers/insiders/ihub made her aware of the error and the filing has been corrected.