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SJOGRINGO

05/19/14 7:38 PM

#314024 RE: doughboy2 #314022

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" ???

Quasar Aerospace Industries, Inc. CEO Announces Acquisition of Herlong Airport Maintenance Company

History here is so Funny, again & again... LMAO...
SJO

Sept 30, 2010.

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.


QASP Aug 04, 2011

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.

The quasar quest continues.