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News Focus
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unusable61

01/22/13 2:08 PM

#268956 RE: fink #268955

Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) is pleased to announce that the Corporation has entered into a Letter of Intent to acquire Holdings Aviation Corp. ("HAVC").



Seems to be QASP is "acquiring" the new corp. Was there a typo in the PR? Is Joe lying to investors?
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texkengold

01/22/13 2:10 PM

#268957 RE: fink #268955

qasp good job in doing so.
jmho
GoldGlove
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Flyguy

01/22/13 2:19 PM

#268959 RE: fink #268955

Its the other way around. QASP isn't buying anything. The New Corp is buying the QASP shell.


Nice to see that the info got out right, thought I was the only one seeing this thing for what it is,lol.

Joe has set QASP up as a perfect R/M candidate that has a very good Share structure and auditable. The 90 days necessary to DD this merger should be done in record time. That will be the 8K to buy and hold for.


Very good info as well. And it is nice to see a quality company such as HAVC is the one doing the purchasing. Although there is not enough info on them out there now, I feel there will be and then all will be completely satisfied.

And Yes, I'll agree LOIs are cheesy, and given Dean's past, almost dangerous in here today. But this is Joe's show. Looks like he has a near perfect batting score


Perfect is right and this one looks like a home run for ALL again...

Holdings Aviation Corp. has combined revenues of approximately twenty-two million dollars ($22,000,000) with four million dollars ($4,000,000) in estimated earnings. The Company's Mission is to become a global leader with a comprehensive footprint through strategic acquisitions, joint ventures and partnerships. The Company expects to achieve double digit growth year over year and exceed one hundred million dollars ($100,000,000) in revenues within three (3) years.


Heck that is a grand slam!!
In the end this is going to be what all shareholder have been asking for and wanted.IMO
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surfguy

01/22/13 2:24 PM

#268960 RE: fink #268955

fink, what's your guess on the R/S for current QASP holders?
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unusable61

01/22/13 2:32 PM

#268961 RE: fink #268955

QASP buying a $20MM dollar Company?? Too funny. QASP is a funding tool to raise Capital Funds or back other Funding vehicals to build this Company. Your holding shares in this Company today and many have no clue. They stand on their own two feet. WoW!



I agree QASP isn't buying anything, just like Dean didn't purchase the 6 acquisitions. It's all a show to sell shares IMO.

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texkengold

01/22/13 7:44 PM

#268968 RE: fink #268955

"Does anyone think Joe will be able to squeeze cash from Mike K or M/S? Other than that, what good is it?"

aren't MK and the perverbial turnip........ twins?

"Early to the party is always the place to be."

yup and most never make it early enuf.
if i knew of one (future party) i would bring the cake.
fourteen days to feb 4 counting today, which is now adios... almost.

HAV not to touch the unclean thing. ex. NHS/MS

so joe has a lot to tell the judge now?
and the judge will say "cool joe"
jmho
Gold Glove

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texkengold

01/23/13 12:49 PM

#268981 RE: fink #268955

does this seem a little strange as QASP is 61 ticks from the box?

with all the PRs of;
1) court settlement
2) LOI with $20M buck company

wouldnt quasar be headed upward?

maybe time is on the Qcommons side, as two PRs in a week and SP has fallen?

sure i think the last wednesday PR needed no misunderstandings and then more clarity from Q management. that first PR was very confusing to me. and still digging.

now the second PR the LOI had a couple of spikes and then ooops
now 61 ticks away from the box. seems like a very low Q SP to me.
maybe the bottom
jmho
GoldGlove