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News Focus
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bigrun

06/14/10 10:01 AM

#143366 RE: gattes12 #143361

At least the bears were smart enough not to take on Dean on his bet.Looks like Dean and us will win big this month.
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cruzdelsur

06/14/10 10:05 AM

#143374 RE: gattes12 #143361

A swift between banks can take 1/2 hour.

The Money will be in QASP's bank acoount, BEFORE 72 HOURS.

But I am loaded, you on the other hand, might miss the train?
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Sparce

06/14/10 1:53 PM

#143601 RE: gattes12 #143361

You need to catch up on news....

Quasar Aerospace Industries, Inc. closed at $0.0128 Friday, trading 22,628,643 shares.

Quasar Aerospace Announces Progress for the Funding Required for Its Targeted Acquisitions

JACKSONVILLE, FL, June 14, 2010 -- The CEO of Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP), Dean Bradley, announces Newby & Associates, Inc. has received confirmation from the Trust company confirming their bank's outgoing swift of a $125mm standby letter of credit to the Trust Company's Bank.

About Quasar Aerospace Industries, Inc.

For more information about Quasar Aerospace Industries, Inc., please visit www.quasaraerospace.net.
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eelfland

06/14/10 1:58 PM

#143604 RE: gattes12 #143361

That's what's known as a "delay" or "stall" PR. Trouble is, it only gives the insiders a few days at best to dump a lot of stock while they come up with another chapter in their fantasy. This PR created a selling opportunity, which is exactly what it was designed to do.

Once this breaks the bottom of the descending triangle that has been forming for the last couple of weeks, there's no telling where the dumpage will bottom out. Nobody should own this one, especially after it tests that .012 level again.

Again, today's chart action is a selling opportunity. I'm pretty sure that the insiders are taking advantage of it.



http://stockcharts.com/h-sc/ui?s=QASP&p=D&yr=0&mn=1&dy=13&id=p66781221920