Quasar's Corporate Update JACKSONVILLE, FL--(Marketwired - Mar 27, 2014) - Quasar Aerospace Industries, Inc. (OTC Pink: QASP) (PINKSHEETS: QASP) ("Quasar" or "the Company")
Quasar Aerospace Industries, Inc. is excited to announce that its President, Donnell J. Vigil, will be heading to Colorado next week to conduct business. Mrs. Vigil plans to meet face to face with her contacts and intends to further pursue other opportunities in the MJ market. Quasar realizes the various aspects of the MJ industry and is aiming to explore all avenues to secure the most profitability sector as possible. Those avenues include the hemp industry, the MMJ market and the retail store fronts.
Colorado will capture $67 million in tax revenue from its predicted profits of $600 million dollars in the year 2014 from MJ sales. The Company has acknowledged this opportunity for profit and shareholder value and will not let the green rush slip through their hands.
Quasar's President shall continue to update the public during her visit to Colorado as to the progress being made with her already vast connections. Quasar is extraordinarily excited about this upcoming venture to Colorado.
Quasar's wholly owned subsidiary, A-Cent Aviation, Inc.'s new Pennsylvania location is waiting on final inspection which is shall be conducted in 2 to 3 weeks. The Pennsylvania location avidly awaits this inspection and our future South Florida location is prepared to move forward with its certification immediately following the finalizing of the Pennsylvania location.
Please feel free to contact Quasar by telephone or email at donnell@quasaraerospaceindustries.com for information or investment opportunities. Quasar will continue to update our shareholders and the investment community as progress and details are ready to be released.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Quasar Aerospace Industries, Inc. under take no obligation to update such statements.