Quasar Executes Terms of Acquisition
23 April 2014 - 6:49PM
Marketwired
Quasar Executes Terms of Acquisition
JACKSONVILLE, FL--(Marketwired - Apr 23, 2014) - Quasar
Aerospace Industries, Inc. (OTC Pink: QASP) (PINKSHEETS: QASP)
("Quasar" or "the Company")
Quasar Aerospace Industries, Inc.'s is thrilled to announce that
it has entered into Terms of Acquisition with a premier Colorado
hydroponic and scientific grow supply store. The hydroponic
market is currently booming in Colorado and has the potential to
spread throughout the country with little to no regulatory or legal
limitations. One way to visualize this new step is to think of
this opportunity as the pickaxe and pan seller during the "gold
rush." Quasar will provide the hydroponic grow supplies
necessary for the growth and production for the "green
rush."
This hydroponic grow store is
complete with a full inventory as well as delivery vans and other
tangible assets. Not only is the store fully stocked but also
prepped to immediately open a second facility. This store
represents copious amounts of distributors which allows them to
carry thousand of products for all types of growing and high-tech
gardening needs. The store also currently contracts with
numerous medical and recreational dispensaries throughout the State
of Colorado and operates seven days a week. In the first
quarter alone this store has generated nearly a million dollars in
revenues.
This is only the beginning of
the great opportunities and revenues to be realized by
Quasar. Once the acquisition is finalized in the very near
future a second location will be opened. The expansion of
store fronts will be rapid and will include a future location in
Florida as well as other target locations throughout the country
wherein Quasar will be a front runner in being prepared for the new
MMJ/MJ market to hit each state. Since this type of store has
little to no regulations or laws hindering its ability to expand
into states wherein MJ or MMJ is not currently legal it can capture
the market prior to the legal authorization for the industry to
enter each state. Once the laws are past we will be the store
that is up and running and ready to supply and service dispensaries
and individuals with their growth needs allowing us to immediately
capture the market and revenues to be generated in this
industry.
Quasar's President Donnell J. Vigil states, "Hydroponically
grown produce typically consists of premium products therefore this
industry is able to charge high prices for quality hydroponic
systems. As a direct result, a steady increase in the industries
profit margins has been realized over the past five years as demand
has accelerated. With the growing prevalence of medical marijuana
and marijuana legalization in certain states this has fueled rising
interest in hydroponic growing methods and more marijuana will need
to be produced to keep up with the demand. Furthermore, with
Colorado's legalized recreational marijuana consumption this
creates a new market for marijuana cultivation which Quasar will
ensure to capitalize on."
Quasar has established a Colorado subsidiary, Green Energy
Investments, Inc. as a holding company for upcoming projects in the
MJ/MMJ industry. The acquisition of this hydroponic grow store
is just the first part of a large plan. In the future there
will be cultivation centers, warehouses, edibles, and real estate
all of which are currently being pursued. This store will
provide the first portion of the necessary tools and knowledge to
effectively develop and service not only one dispensary but
numerous dispensaries at the same time through its future
cultivation centers. There are dispensaries in Colorado that have
already indicated that are ready to participate in a cultivation
center upon establishment.
Quasar is excited to unleash
its branding into the marketplace. The growth store actively
markets this brand and Quasar intends to take it
nationwide. Unfortunately, due to harassing and unpleasant
contact by bashers, Quasar is holding on releasing the name until
closing as to not obstruct this deal in any manner.
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.
Quasar and its subsidiaries are involved in aviation and
aviation related businesses. We are SEVIS/SEVP certified to provide
training to foreign students. We are the only certified Cessna
Pilot Center (http://www.cessna.com/learn-to-fly.html) in
Jacksonville, FL. Through our subsidiaries we are an FAA Part
141 flight school (www.faa.gov), Computer Assisted Testing Service
(CATS) (http://www.catstest.com) and a Comira testing facility
(http://www.comiratesting.com). We offer flight training and
accept VA benefits under the GI bill (http://www.gibill.va.gov/).
Atlantic Aviation, Inc. is a recipient of an AOPA Excellence Award
for 2012 and recognized as one of the top 50 flight school in the
country.
(http://flighttraining.aopa.org/awardwinners/2012winners.html).
SEVIS
(http://studyinthestates.dhs.gov/assets/images/content/Certified_School_List_3-5-14.pdf)
(http://www.ice.gov/sevis/)
Check us out on our web site (www.quasaraero.com) and Facebook
at:http://www.facebook.com/pages/Quasar-Aerospace-Industries-Inc/146434125485747
or look to schedule a student pilot experience flight through
Groupon (www.groupon.com) or Living Social (www.livingsocial.com
).
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. Telephone: (904)
207-6503 Email: donnell@quasaraerospaceindustries.com Website:
www.quasaraero.com Facebook:
http://www.facebook.com/pages/Quasar-Aerospace-Industries-Inc/146434125485747
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