and says it has other subsidiaries working on a four-seat trainer, a very-light jet and a new piston aero-engine - but these ventures are still shrouded in confidentiality.
Quasar announced in November it had arranged $350 million in funding to finance its ambitious acquition plans. That deal has still to close, but Bradley says the $5 million is in place to fund the Tigerfish program.
Tells me a number of things: 1. Once all the paper work is finalized the $350 million will be issued for the additional ventures. 2. Dean and company are still working on making this a done deal 3. The $5 million is part of the $350 million or is comming from the recent increase in A/S.