Showing posts with label Quasar Aerospace. Show all posts
Showing posts with label Quasar Aerospace. Show all posts

Friday, April 30, 2010

Quasar Aerospace Industries, Inc. CEO Announces New Joint Venture and Schedules Closing of Acquisition #3


Defense News:
JACKSONVILLE, FL--(Marketwire - 04/30/10) - Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)

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.

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.

Contact:



Contact:
Quasar Aerospace Industries, Inc.
IR@quasaraerospace.net

Saturday, March 20, 2010

Quasar Aerospace Industries, Inc. CEO Announces Acquisition of Herlong Airport Maintenance Company


Quasar Aerospace Industries,

Defense News: JACKSONVILLE, FL--(Marketwire - 03/19/10) - Quasar Aerospace Industries, Inc. (Pinksheets:QASP - News) --

Dean Bradley, the CEO of Quasar Aerospace Industries, Inc. announces the acquisition of Corporate Air Repair, Inc. This deal will add a top of the line maintenance capability to our growing fleet of aircraft for both Atlantic Aviation and our other corporate aircraft.

Corporate Air Repair is the Southeast's premier location for King Air phase inspections and pilot recurrent training.

Corporate Air Repair offers complete general aviation maintenance, annuals, 100 hour and pre-purchase inspections, as well as antique aircraft restorations, and multi-engine and ATP instruction.

Corporate Air Repair is operated by highly qualified technicians with decades of experience, having airframe and power plant certificates with FAA inspection authorization. The staff is both knowledgeable and aviation enthusiasts. Corporate Air Repair takes extreme pride in their craft and stand behind their work.

Corporate Air Repair's prior owner is Kenneth Oddy, an aviation icon with over four decades of pilot and mechanical experience. Mr. Oddy has agreed to stay on and manage the facility for at least a year and possibly longer. Ken has been providing maintenance services based at Herlong Airport for over 15 years. A retired airline captain, Ken flies and repairs a legendary variety of aircraft. He currently holds several FAA licenses including Commercial Pilot's license, ATP, CFII, MEI (land and seaplane), A & P Mechanic, and IA. He has logged approximately twenty five thousand hours as a pilot.

Joshua Henderson, President and Chief Operating Officer of Atlantic Aviation, Inc., states that this is a major step forward in building a fully integrated pilot training academy here at Herlong Airport.

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. undertakes no obligation to update such statements.

Friday, February 12, 2010

Quasar Aerospace Industries, Inc. CEO Announces European Meeting on Tigerfish Joint Venture

Defense News ~ JACKSONVILLE, FL--(Marketwire - 02/11/10) - Quasar Aerospace Industries, Inc. (Pinksheets:QASP - News) - Dean Bradley, the CEO of Quasar Aerospace Industries, Inc. announces a meeting to be held in Hamburg, Germany from February 16th through the 19th. The interested parties from Australia, Europe and the US are holding day long meetings to chart the future course of the RAPT technology by Tigerfish USA, Inc. Quasar Aerospace Industries is hosting the meeting of aeronautical engineering experts from five countries. QASP's representatives will be Dean Bradley, James Ray, President and COO for Quasar Aircraft Corporation, and the CEO of one of our primary acquisitions.
Questions have arisen regarding the Class B shares to be issued on completion of the $350 million funding. Please be advised that said shares will be non-voting and will be restricted for a period of three (3) years.
There will be news blackout until Mr. Bradley returns from Germany the week of the 22nd of February.
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.

Contact:
Quasar Aerospace Industries, Inc.
IR@quasaraerospace.net


Related Headlines
Quasar Aerospace Industries, Inc. CEO Announces European Meeting on Tigerfish Joint Venture - Marketwire
Quasar Aerospace Industries Takes Option in High Tech Landmine Company - Marketwire
Quasar Aerospace Industries, Inc. CEO Announces Increase in the Corporation's Authorized Shares - Marketwire
Quasar Aerospace Industries, Inc. CEO Announces Closing the First Two Acquisitions, and a Joint Venture With Tigerfish Aviation Pty. Ltd. - Marketwire
Quasar Aerospace Sends a Message to Shareholders - Marketwire

Thursday, September 10, 2009

Quasar Aerospace Industries, Inc. Announces Major Addition to Flight School

JACKSONVILLE, FL--(Marketwire - 09/09/09) - Quasar Aerospace Industries, Inc. (Pinksheets:QASP - News) (formerly) Equus Resources, Inc. (EQUR), announced that Atlantic Aviation has just completed the installation of a state of the art flight simulator. Joshua Henderson, President and Chief Flight Instructor for Atlantic, states that this major addition will greatly enhance our flight training operations, and facilitate the expansion of our flight training business. For more information on this great training aide please go to Redbird Flight Simulations, Inc.'s website at http://www.redbirdflight.com. Mr. Henderson suggests you go to media and view the video, it is quite amazing.
Dean Bradley, CEO of both Quasar Aerospace and Atlantic Aviation, states that we are pleased that our companies are in a strong enough cash position that expensive asset acquisitions like this can be made without resorting to debt financing in the tough credit markets we are all facing in these trying times.
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 Equus Resources, Inc. and Quasar Aerospace Industries, Inc. under take no obligation to update such statements.

Contact:
Info-QASP@equititrend.com
800-585-6988

Wednesday, June 17, 2009

Quasar Aerospace Industries, Inc. Announces an Agreement for Its Third Acquisition

On Wednesday June 17, 2009, 11:19 am EDT
Quasar Aerospace Industries, Inc. (Pinksheets: QASP) (formerly) Equus Resources, Inc. (EQUR).
Quasar Aerospace Industries, Inc. is pleased to announce the signing of an agreement to acquire a third aviation/aerospace company. The full Board of Directors of the company to be acquired unanimously approved recommending to the shareholders that they accept the offer of One Dollar per share for the 32,000,000 shares outstanding. The members of the Board hold over 80% of the outstanding stock so shareholder approval is certain to be obtained.
The company's name for the obvious reasons must remain anonymous until the transaction is closed, which is scheduled for the middle of August of this year. This acquisition will add approximately $18,000,000 to our annual revenues and $3,750,000 to the bottom line. The current management team will remain intact. Quasar's management team has been closely associated with this company for over three years, and is extremely pleased that they have elected to join our family of companies.
Chief Executive Officer Dean Bradley said that this acquisition will open other opportunities that we will pursue in coming months that could conceivably double the forecast for 2010.
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 Equus Resources, Inc. and Quasar Aerospace Industries, Inc. under take no obligation to update such statements.
Contact:

Contacts:
Dean Bradley
904-612-8485
deanbrad@bellsouth.net
Scott Martin
770-521-9410
scott.martin@jpccapital.com