GREAT!! what did we buy.. a leased warehouse and past liabilities???
Posted by: Tufan123 Date: Monday, August 16, 2010 7:21:36 PM In reply to: SJOGRINGO who wrote msg# 178018 Post # of 178067
SJORGRINGO, QASP acquired CET Corp and Solaroli resigned as a President of CET Corp way back in January, 2011. It could be that CET Corp is just independent of Solaroli's patent and their business plan is completely different. www.sunbiz.org/scripts/cordet.exe?
So far what I've seen to date. CET is a specialty conversion car shop. If this were airplanes, it would be a high-tech maintenance division.
I'm of the opinion that the revenue/profit numbers we were given are based on business levels/backlog of CET at the moment. The Solaroli patent would be nice to own (if it works) but it's not part of the equation (IMO)