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Sharktnk

07/31/10 11:26 AM

#170392 RE: Sputnik #170384

Interesting quote from Dean to say the least!


Quote:
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Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., announces that QASP, with two other partners, has acquired the rights to purchase $150+ million worth of helicopter spare parts for $15 million. These spare parts will be shipped from their present location to the Jacksonville, FL area and sold/distributed worldwide over the next 5-7 years. QASP will control 51% of the venture and recapture its $15 million investment plus interest prior to any distribution of profits. Our partners have worked for five years obtaining the US State Department approval which is now in hand.

The funding is in our bank for closing Acquisition #3, which will occur the 6th of May in our conference room at Herlong Airport. The effective date of our takeover is May 1st. The details and name will be disclosed in a PR that afternoon.





Date : 05/06/2010 @ 4:07PM
Source : MarketWire
Stock : Quasar Aerospace Industries, Inc. (QASP)
Quote : 0.0059 0.0006 (11.32%) @ 4:17PM


Quasar Aerospace Industries, Inc. CEO Announces Closing of the Acquisition of Corporate Air Repair, Inc.



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Woodsy

07/31/10 6:48 PM

#170433 RE: Sputnik #170384

And what was Acqui Three?