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vd8828

05/08/10 3:58 PM

#119344 RE: creapingman #119060

QASP: updated DD pages(05/8/10).

…………………………………………………
**The List of DD pages (supporting links following) includes:

1. QASP’s $350 Million Funding;

2. Background of $350M funding--securitizing life settlements (Wall Street new idea to make money);

3. QASP: more than $150 million revenue and $33 million EBITDA in 2010;

4. QASP: working on 7 acquisitions (closing first two and #7) and 4 JVs (Tigerfish, Mineseeker, Aircraft Engine, helicopter spare parts), including PRs of 03/16/10, 03/19/10, 04/30/10, 05/06/10,05/07/10);

5. QASP: working on shares buy back;

6. DD pages from brikk (12/22/09) including two attorneys (SVP & Director of QASP working on it;

7. QASP Management Team;

8. QASP filing w/ FL re Annual Report (01/13/10) & Foreign Profit(11/03/09)

9. QASP was on the News of local newspapers in FL, including Mike Kendrick and Dean Bradley were meeting at the Quasar Aerospace base in Jacksonville, Florida to finalise the Mineseeker deal per Bridgnorth Journal(05/07/10)

10. QASP’s website;

11. Special updated DD pages for certain concerns &comments (03/17,03/22) for reference ONLY; and

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1. QASP: $350 Million Funding

(1) Details the Terms of Its $350 Million Funding (11/18/09)

http://ih.advfn.com/p.php?pid=nmona&cb=1268461999&article=40422601&symbol=NO%5EQASP

(2) Announces Increase in the Corporation's Authorized Shares(02/09/10)

(a) http://ih.advfn.com/p.php?pid=nmona&cb=1268461859&article=41463239&symbol=NO%5EQASP

(b) Amended & Restated AOI at SOS

http://www.sos.state.co.us/biz/ViewImageAttachment.do?fileId=20101084326&attachment=1&attachLoc=

(3) Issued Class B shares 40% O/S to the lender on completion of the $350 million funding (non-voting & restricted for 3 years) (02/11/10)

http://ih.advfn.com/p.php?pid=nmona&cb=1268465734&article=41502083&symbol=NO%5EQASP

(4) Announces $350 Million in Funding Is Secured (11/13/09)

http://ih.advfn.com/p.php?pid=nmona&cb=1268462440&article=40356636&symbol=NO%5EQASP

(5) Anticipate closing this financing and first five acquisitions in a matter of days (04/21/09)

http://ih.advfn.com/p.php?pid=nmona&article=42474684&symbol=QASP

(6) The funding is in the Bank (04/30/10)

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_Q/threadview?m=tm&bn=70121&tid=11609&mid=11614&tof=12&rt=2&frt=2&off=1

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2. Background of $350M funding--securitizing life settlements (Wall Street new idea to make money)

(1) “Wall Street Pursues Profit in Bundles of Life Insurance” in New York Times (09/05/09)

http://www.nytimes.com/2009/09/06/business/06insurance.html?_r=1

(2) “Life settlements' bonds could be Wall Street's next big act" in Wall Street Journal/Market Watch (09/06/09)

http://www.marketwatch.com/story/life-settlements-could-be-wall-streets-next-act-2009-09-06

(3) “With life settlements, Wall Street may be back to its old ways-- Questions arise on exotic new investments” in Boston Globe (09/06/09)

http://www.boston.com/news/nation/articles/2009/09/06/with_life_settlements_wall_street_may_be_back_to_its_old_ways/

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3. QASP estimated $150 million revenue and $33 million in EBITDA in 2010 from first 4 acquisitions (08/26/09)

http://ih.advfn.com/p.php?pid=nmona&cb=1268462572&article=39209641&symbol=NO%5EQASP

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

4. QASP: working on 7 acquisitions and 4 JVs (Tigerfish, Mineseeker, Aircraft Engine,helicopter spare parts)

(1) QASP has 9 or more acquisitions to acquire per Profile at valuewiki.wikia.com

http://valuewiki.wikia.com/wiki/Quasar_Aerospace_Industries,_Inc._%28QASP%29

(2) Announces Acquisition of Herlong Airport Maintenance Company(03/19/10)

(a)http://ih.advfn.com/p.php?pid=nmona&cb=1269152931&article=42047195&symbol=NO%5EQASP

(b) Herlong and found Corporate Air Repair

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48058886


(3) Announces closing the First Two Acquisitions, and a Joint Venture with Tigerfish Aviation (01/15/10)

http://ih.advfn.com/p.php?pid=nmona&cb=1268183844&article=41129293&symbol=NO%5EQASP

(a) Tigerfish Aviation USA, 70% owned by QASP (Aviation Week Article “Tigerfish - an Idea That Floats, and Flies” (2/26/10)

http://www.aviationweek.com/aw/blogs/aviation_week/on_space_and_technology/index.jsp?plckController=Blog&plckBlogPage=BlogViewPost&newspaperUserId=a68cb417-3364-4fbf-a9dd-4feda680ec9c&plckPostId=Blog%3aa68cb417-3364-4fbf-a9dd-4feda680ec9cPost%3acd60a1cb-1736-443f-bada-1db8c2f8aee9&plckScript=blogScript&plckElementId=blogDest

(b) Tigerfish Aviation - Retracting Amphibious Pontoon Technology

http://www.youtube.com/watch?v=MDg37UuNxMg

(4) Announces Results of European Meeting on Tigerfish Joint Venture(02/24/10)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47035231

(5) Announces European Meeting on Tigerfish Joint Venture (02/11/10)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46558359

(6) Takes Option in High Tech Landmine Company by a controlling share in BVI company, Mineseekers Operations Overseas Ltd, and its subsidiary Mineseeker Operations UK Ltd.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46494417

(a) Mineseeker Mine Detection System

http://www.airforce-technology.com/projects/mineseeker/

(b) Certain highlights re Mineseeker tech.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47501454

(c) Mineseeker tech has huge potential:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47503686

(d) Aerospace Boss Pledges $1.4M to Help Landmine Victims (03/16/10)

http://ih.advfn.com/p.php?pid=nmona&cb=1269152761&article=41991831&symbol=NO%5EQASP

(e) Negotiating hundreds of millions of dollars of contracts with companies in the Balkans and Africa(04/21/09)

http://ih.advfn.com/p.php?pid=nmona&article=42474684&symbol=QASP

(f) Dean updated Mineseeker deal in Africa(05/07/10)

http://ih.advfn.com/p.php?pid=nmona&article=42716016&symbol=QASP

(6) Announces a Joint Venture to Develop a New Generation of Aircraft Engine (11/24/09)

http://ih.advfn.com/p.php?pid=nmona&cb=1268464124&article=40497182&symbol=NO%5EQASP

(7)Extra $200 million dollars will allow QASP to close acquisitions #5&6 (11/13/09)

http://ih.advfn.com/p.php?pid=nmona&cb=1268467731&article=40356636&symbol=NO%5EQASP

(8) Announces to close #3 acq on May 6,10 and set a new JV by 51% control shares (04/30/10, 05/06/10)

https://trading.scottrade.com/quotesresearch/ScottradeResearch.aspx?symbol=QASP

http://ih.advfn.com/p.php?pid=nmona&article=42699777&symbol=QASP
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5. CEO Dean Completes Personal Purchases$50K and Resumes Company's Buy Back Program by 20% O/S

http://ih.advfn.com/p.php?pid=nmona&cb=1268464546&article=40164591&symbol=NO%5EQASP
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6. DD pages from brikk (12/22/09).

(a) "Duff & Phelps aerospace report" re an acq. target disclosed in May 2009.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44747156

(b) marty zell emails to shareholders:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44410123

(c) quasar's aircraft:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44369933

(d) geezy's DD compendium:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44199843

(e) info on James Ray(President of QASP) and Daniel C. Vaughn, Esq.:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43564988

(f) earlier developments:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42403337

(g) here's some info on Mark Lundquist, Esq.,(SVP of QASP), the attorney who is involved with quasar's financing:
**http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43762349

http://jacksonville.bizjournals.com/gen/executive.html?excode=8806E4AFBB474FEE99CED30A1814198E

here's the website of his former employer:

http://www.fsandl.com/index.html

and a list of deals they've done:

http://www.fsandl.com/transactions/index.htm

(h) Another attorney for QASP: Daniel C. Vaughn, Esq. (Director of QASP & Attorney)

anyone who hasn't seen the AVVO attorney rating for Daniel C. Vaughn should link back and read this -- very impressive.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44564238

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43497232
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7. QASP Management Team

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48110500

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8. QASP filing w/ FL re Annual Report (01/13/10) & Foreign Profit(11/03/09)
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=F09000004318&inq_came_from=NAMBWD&cor_web_names_seq_number=0000&names_name_ind=N&names_cor_number=P94000050497&names_name_seq=0000&names_name_ind=N&names_comp_name=QUASARENTERPRISES&names_filing_type=DOMP

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9. QASP was on the News of local newspapers in FL.

(1) On Jacksonville Journal (10/5/9)

http://jacksonville.bizjournals.com/jacksonville/stories/2009/10/05/story2.html

(2) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47501583

(3) Mike Kendrick and Dean Bradley were meeting at the Quasar Aerospace base in Jacksonville, Florida to finalise the Mineseeker deal per Bridgnorth Journal(05/07/10).

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49898907

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10. QASP’s website

http://www.quasaraerospace.net/index.html

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11. QASP: special updated DD pages (03/17/10) for references ONLY. Please review and comment. Thanks.

1) Timeline of $350M & acquisitions & reducing O/S by shares buy back;

(a) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47887436

(b) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47594290

2) Audits proceeding well, working on 5 Contracts w/ Mineseeker & shareholders meeting

(a)http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47888692

(b)http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47886000

3) $1.4M belongs to personal contribution to Mineseeker as to PR of 03/16/10

(a) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47885472

4) PR of 03/16/10 meaning & explaining approach

(a) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47887263

(b) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47899400

(c)http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47882727

(d) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47898723

(e) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47884500

(f) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47883135

5) Timeline on the latest technology trials of Mineseeker

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47897770

6) CEO of Mineseeker operation, USA

(a)http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47897989

(b) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47899010

7) Third party confirmation to verify whether the deal is real or not

(a) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47684414

8) Why $350M w/ 6 acq going together with Mineseeker & Tigerfish

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47316226

(9) Whether current PRs for game change/manipulation to buy cheap shares by QASP?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48066944