Quasar Aerospace Industries, Inc. CEO Dean Bradley Announces $350 Million in Funding Is Secured
November 13 2009 - 1:00PM
Marketwired
Dean Bradley, CEO of Quasar Aerospace Industries Inc. (PINKSHEETS:
QASP) has been assured by their funding source that the entire
$350,000,000 (350 million USD) will be closed and settled no later
than December 15, 2009 and will start closing the 4 acquisitions
immediately thereafter.
The extra $200 million dollars will allow us to close
acquisitions #5&6. We have started the due diligence process on
these and will be acquiring both of these in early 2010. These
additional acquisitions and additional funds required to purchase
them have contributed greatly to the delays we have experienced. We
thank our shareholders for their patience as we progress from
planning to implementation.
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.
Qasp-Info@equititrend.com 1-800-585-6988
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