Replies to post #45061 on Green Energy Enterprises Inc. (GYOG)

[LCLiving]

Biggest question I would like to see answered is why would a man like James Ray, with his background as a guru in the aerospace industry, hang his hat with Quasar. Thanks for taking the time to do this brikk.

[Axe2-3-8]

I have a few questions. He will probably have no comment but its worth a shot

1. What is QASP's affilliation with Al Solaroli?
2. How much money has been allocated for the share Buyback and why is it taking so long?
3. What is the purpose of the dillution? Is it illegal to buyback and dillute at the same time?
4. Is it realistic to close 4 aquisitions on one day? Can we change this strategy to expedite the process? They started announcing aquisitions in May and still no word. Why? Dean stated that fees are the reason for doing all the deals on one day but if each aquisition brings the earnings that have been advertised here than don't they pay for themselves? Delays yes but isn't this on the verge of criminal? (By Law) Is there a time frame that they are required to give shareholders the details of the aquisitions?
5. Dean recently filed to reinstate 5 corporations with the state of Florida. Why?
6. We keep getting told that we will be updated next week on the share structure. That was weeks ago. What is the delay?

[cruzdelsur]

The two questions I would like to be answered at this time are:

1. is the OS capped.
2. what is the float.

Thanks for taking the time to do this.

[Makamai]

Brikk - As far as your discussions with James Ray go, the following would be appropriate if not already on your list:
1. What prompted you to get involved with Quasar in the first place?
2. What are your expetations for the company over the short, medium and long term?
3. What do you forsee as your prime contribution to the company?
4. What do you envision as the company's primary focus now, and in 5 years from now?

I could go on, but that should sum it up fairly well...

Makamai

[goforthebet]

Brikk, that is huge news that Dean gave you the contact info of James Ray.. everybody who ever did some DD on this guy would agree with me, that he would never ever give his famous name in the aerospace industry for a company that is not performing imo

this was announced on April 2nd...

....the CEO (Dean Bradley) is proud to announce the appointment of James Ray as the president of Quasar Aircraft Corporation, a wholly owned subsidiary. He will lead the design engineers and the manufacturing process for both the new single engine training aircraft we are developing, and the development program for the twin engine very light business jet that is currently under way. Mr. Ray brings over 40 years of senior level management in the aerospace/aircraft industry to our team.

Mr. Ray is one of the world's foremost experts in composite fiber technology having worked for the original United States Air Force team that initially evaluated graphite fibers for aviation use. In addition, James Ray headed up the deign team for Sikorsky Aviation, a division of
United Technologies, to bring us the Blackhawk and Seahawk
helicopters.

Most recently, Mr. Ray was CEO of North American Composite Consortium which serves as a liaison effecting aviation contracts for the United States Navy.

Mr. Ray has served on our Advisory Board for the last three years and works seamlessly with our management team. We are extremely fortunate to be able to have this seasoned CEO come out of retirement to head up this critical component of our strategic plan.

..............................................................


James Ray Aviation & Aerospace Professional

Hartford y alrededores, Connecticut, EE.UU.

.Anterior•Program Manager at Kaman Aerospace

•Deputy Director of Engineering at U.S. Army Aviation Systems Command

Educación•Washington University in St. Louis - Olin Business School

•University of Missouri-Rolla

•University of Tennessee-Knoxville


Experiencia de James Ray

Program Manager
Kaman Aerospace

(Empresa pública; Sector de Industria aeroespacial y aviación)

noviembre de 1997 — abril de 2009 (11 años 6 meses)

Responsible for $1B plus SH-2G program and contractual matters including budgets/costs, metrics, quality, delivery, schedules, correspondence with customer, contract change proposals, engineering change proposals, contract amendments, CDRL deliveries, contract correspondence, contract invoices and all contract status/tracking databases. Directly responsible for key subcontractors during development including all major aircraft avionics, sensors and weapons integration software and training and support systems including a Full Mission Flight Simulator, a Software Support Center, a Mission Preparation System, a Mission Debrief System, and a Part Task Trainer System. Also included marketing a qualified SH-2G(I) international version.

Deputy Director of Engineering

U.S. Army Aviation Systems Command
(Agencia gubernamental; Sector de Ejército)

julio de 1969 — octubre de 1997 (28 años 4 meses)

Responsible for life cycle engineering support for all Army aircraft. Direct supervision of 270 to 450 personnel with overall annual operating budget of $70M. Also Chaired Aviation Research and Development Center Strategic Planning and Business Team; Served on Command Continuous Improvement Program; Led the establishment of the Army’s Flight Safety Parts Program; Served as the Command’s representative to the Lean Aircraft Initiative, FAA Requirements Harmonization, Tri-Service Non-Government Standards IPT, Joint Group on Systems Engineering, Lab Quality Improvement Program, National Performance Review Committee and represented the Command in industry/Army commercialization standards efforts with Boeing and Sikorsky. Had lead roles in requirements determination, development, qualification and fielding of all major Army aircraft systems – including Force Modernization UH-60, AH-64, CH-47, OH-58D models.


--------------------------------------------------------------------------------

Educación de James Ray
Washington University in St. Louis - Olin Business School
EMBA , Business Administration , 1992 — 1994


University of Missouri-Rolla
MSME , Aerospace Engineering , 1968 — 1970


University of Tennessee-Knoxville
BSME , Aerospace , 1963 — 1967

[db_s99]

Questions for Jim Ray.

1. Does the company Jim is designing a new Quasar plane with have one or more planes it has already developed and is currently selling (current revenue and profitable)?
2. Will this entire company with any existing planes merge into Quasar Aircraft Company (Dean as CEO, Jim Ray as Pres), or will Quasar just purchase the plane being developed for Quasar and other partial assets of this company?
3. One PR said it would take 18 months once funding was received for the new plane to be ready to sell. How many months has it been since the first funds were received?
4. Does Jim currently have the funding needed to complete development of this plane, or has a funding source been identified with a definitive agreement?
5. Does he expect this merger to close before the end of 2009? (Probably a Dean question but thought I'd throw it in).
6. Was Frank Porter's company (see background below) initially identified as the merger candidate, but that was dropped and a new company identified?

Background on Frank Porter and Dean.

Dean had a relationship with Frank Porter, currently President Quasar Aircraft Company http://www.quasaraircraft.com/
(not related to QASP's subsidiary) for a number of years. Frank's planes are manufactured in Brazil. According to Frank, Dean purchased one Quasar plane from Frank which is at Dean's flight school. Dean and Frank were execs with Quasar Aviation Corp and Quasar-Lite Inc (Dean CEO, Frank Pres) with both companies adminstratively dissolved by Florida SOS in Sept 2007.

http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P05000098288&inq_came_from=NAMFWD&cor_web_names_seq_number=0001&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=QUASAR&names_filing_type=

http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P06000008907&inq_came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=QUASARLITE&names_filing_type=

Dean and perhaps Jim were initially designing/developing a plane with Frank Porter, but Dean said there were apparent safety issues and terminated that relationship. I do not know how long ago. It's possible this is the company Quasar was going to purchase initially. Jim Ray is now designing a plane with another company, and is receiving $2,500 per month from QASP until the 4 acquisitions close.

It also appears that Frank Porter's Quasar Aircraft Company is not registered in Florida, at least not under that name and I can't find another active company for Frank.

[RoboTrader]

1. Are there any orders placed for the trainer planes that are ready to be built?
2. Any orders for the future VLJs that will be manufactured?