Pennypicks - thanks for that info. Searched on Frank Porter and found this. Dated today, 9/25/2009 in Aviation Classifieds. Business Opportunity "To own a Quasar Aircraft; Sales and Servise Center, plus a Dealership for the HKS aircraft engines and AeroLux Propellers."
Pennypick - as your post shows, the name of one of QASP's subsidiaries is "* Quasar Aircraft Corporation (QAC) -- This company will develop the new products and oversee the development of the VLJ program." Seems like the right fit.