InvestorsHub Logo

VMAN06

07/24/14 1:51 PM

#39637 RE: logical cash #39634

QASP IS WORTH TAKING A LOOK

Jul 24, 2014 (ACCESSWIRE via COMTEX) -- JACKSONVILLE, FL / ACCESSWIRE / July 24, 2014 / Quasar Aerospace Industries, Inc. (OTC Pink: QASP) ("Quasar" or "the Company")

Quasar Aerospace Industries, Inc. previously announced its closing on the acquisition of one hundred percent (100%) of Hydro-Grow Supply, Inc. through its subsidiary, Green Energy Investments, Inc. Quasar will be posting copies of the closing documents on OTC Market for its shareholders and the investment community to view. This acquisition was the first step toward accomplishing the goals set out in the business plan for entering the legal and medical marijuana market. We set our target to own a grow store and have fulfilled this promise to its shareholders but this is only the beginning there is much more to come. Quasar is proud to now be an active participant in the marijuana industry. We have a physical location and the grow store is in full operation servicing dispensaries, growers and the general public. Colorado's laws provide that each adult resident over the age of twenty-one (21) can grow up to six (6) marijuana plants per person. No more than twelve (12) plants per household regardless of the number of adults and marijuana must be grown in a fully enclosed and locked space, whether indoors or outdoors. This broadens our customer base significantly and allows our grow store to generate revenue from adults seeking to grow their own marijuana. Quasar has begun to grab market share in the current $1.5 billion dollar hydroponic retail market.

The grow store is fully staffed with knowledgeable growers and is in operation seven (7) days a week. Since taking over ownership, the grow store has already been contacted by new dispensaries to service their grow supplies and equipment needs. We intend to continue to reach out to other dispensaries and growers to obtain their business. Revamping of the store front is still in process and will maximize the stores efficiency. Grow suppliers and distributors are working with us to provide new and additional signage and displays to optimize its appearance. We have been contacted by new product lines for exclusive retail distribution which will allow us to service beyond our competitors in the marketplace.

The new website is being created and will be launched as soon as possible. The new website will generate a new source of revenue to the grow store that has never been captured by Hydro-Grow in the past and this addition should at least double to triple its current revenue. We have already increased the services being provided by Hydro-Grow, to include not only retail sales, but also to provide rental of trimmers, repair of ballast, installation of grow systems, delivery, and we are creating starter kits for the new grower.

Quasar is actively looking at store fronts for its second grow store location. We plan to move quickly with our expansion plan and are seeking out inventory financing to aid us with our rapid growth. Additionally, Quasar has been contacted by current grow store owners looking to sell to Quasar.

Quasar is working on changing the name of the grow store for its nationwide branding and marketing. We will announce the new name to the public once we are ready to launch our branding and merchandise.

AVIATION

Quasar's COO, Liann Francisco has been working diligently with the FAA to move our inspection forward to get our A-Cent Aviation, Inc., FAA Part 141 flight operation open in Pennsylvania. We have international recruiters ready to begin to filter in foreign students once all inspections are completed. We still intend to open up a satellite location in South Florida following the opening of the Pennsylvania location. There are a large number of foreign students in South America that are waiting on this location to begin to come to the US to train as commercial pilots.

Atlantic Aviation, Inc. in Jacksonville, Florida has been undergoing re

Report TOS

Strukture

07/24/14 5:33 PM

#39639 RE: logical cash #39634

ICBU HALF MILLION$$$ FUNDING COMMITMENT!

http://www.otcmarkets.com/stock/ICBU/news/iMD-Companies-Inc---Receives--500-000-00-Short-Term-Funding-Commitment-from-Private-Investment-Group?id=84959&b=y

iMD Companies Inc., Receives $500,000.00 Short Term Funding Commitment from Private Investment Group
PR Newswire

TAMPA, FL, July 24, 2014

TAMPA, FL, July 24, 2014 /PRNewswire/ - iMD Companies, Inc. (OTC:ICBU) iMD Companies is pleased to announce that a group of accredited investors has signed an agreement to invest up to $500,000.00 specifically targeted at growing the Company's core Gardening business. The initial tranche of $25,000 has already been advanced and the remainder will be distributed based on the needs of the "core" business. The investment will fall under Rule 144 and will be described in detail in the Company's audit, which we believe will be completed, by the end of August. In addition, the Company is in the process of closing new strategic acquisitions, which will provide vertically integrated growth.

After searching for other acquisitions that would be similar to that of Lumz and Blooms, management feels that an investment into the core competency of the business would create a better "return on investment" for shareholders. Management and the Accredited Investors have put a lot of faith into the Vice President of Sales and Marketing, Jim Filkins, and believe that given his knowledge and contacts within the business, capital would be better invested directly to the Company rather than by acquisition.

The Company is fully dedicated to grow its core business while making key acquisitions of profitable companies that can be vertically integrated.

Jim Filkins commented, "This is a very exciting time at iMD. When people from the private sector believe in our company to the extent that they are willing to invest their personal capital in our future, it means we are doing things right. I appreciate the confidence put into our team. This is all about how we build on what we do best. For iMD it is our knowledge base and industry contacts. It's a balance of what we know and who we know. I have been bringing products to market for 25 years and we plan to use what has already been built to propel iMD forward in this dynamic market."