Quasar Is Preparing for Closing of Acquisition
13 Mai 2014 - 4:10PM
Marketwired
Quasar Is Preparing for Closing of Acquisition
JACKSONVILLE, FL--(Marketwired - May 13, 2014) - Quasar
Aerospace Industries, Inc. (OTC Pink: QASP) (PINKSHEETS: QASP)
("Quasar" or "the Company")
Quasar Aerospace Industries, Inc.'s would like to announce that
deal with the premier Colorado hydroponic and scientific grow
supply store is done. The grow store has executed a binding
agreement with Quasar. The acquisition will be through
Quasar's wholly owned subsidiary Green Energy Investments, Inc., a
Colorado corporation. All that remains to be done is execution
of definitive documents at closing and the security analysis by
Director Liann Francisco. Quasar needs to be prepared for
installation of a point of sale security system following closing
which will ensure that all inventory that enters the grow store is
accounted for and all inventory that exits the store is being
properly recorded. This will allow Quasar to realize the
actual revenue being generated by the grow store.
An alleged shareholder has reached out to Quasar's CEO, Donnell
J. Vigil via electronic mail in an attempt to extort
Quasar. Mrs. Vigil would like to make it avidly clear that
Quasar will not succumb to extortion and no funds will be paid to
the assailant's PayPal account as requested and the correspondence
sent to Mrs. Vigil is being forwarded to the legal
authorities. This individual claims to know the name and
location of the target acquisition grow store. A demand was
made for payment to keep this individual from releasing the assumed
name and location of the grow store so bashers will not harass
these parties. If Quasar does not pay this individual the name
and location that is assumed to be grow store will be released so
naysayers can attempt to prevent the deal from closing. As
previously mentioned, the grow store being acquired is bond to the
terms executed.
Donnell J. Vigil, CEO of Quasar, states, "I am working extremely
hard to bring true long term value to Quasar's
shareholders. It has not even been a month since the terms of
acquisition were executed and we are now preparing for
closing. Quasar will be entering the MJ industry and I
committed and determined to see this happen as soon as reasonably
possible. I will continue to conduct my fiduciary duty and see
that everything is done properly and in compliance. I would
like to add that not one active long term basher has called
me. These individuals anonymously post on boards of public
opinion false and inaccurate information. Yet, I do receive emails
from some of these individuals asking me for private placement
investment opportunities. This bewilders me and to now have
someone attempting to extort Quasar so they do not release what
they believe to be the name and location of the grow store is
horrendous. I am truly at a loss of words other than to say, I
will bring value to Quasar, I will succeed in entering the MJ
industry, I will not be held back by falsehoods, I am open to
communication and will disclose all that I can. I cannot wait
to see Quasar prosper that those that had confidence in the reality
of what is being built reap the benefits. Thank you to all the
individuals who have reached out to me either by telephone or email
or continue to be shareholders, I truly appreciate your
support."
Quasar's shareholders' conference call had the largest number of
participants to join a conference call since Mrs. Vigil has been
with Quasar. If you did not get an opportunity to listen live
to the call you may direct dial (712) 432-1219, then enter the
Meeting ID 426-062-869#, # to listen to the recording.
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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