Quasar Retains Legal Counsel
May 30 2014 - 11:40AM
Marketwired
Quasar Retains Legal Counsel
JACKSONVILLE, FL--(Marketwired - May 30, 2014) - Quasar
Aerospace Industries, Inc. (OTC Pink: QASP) (PINKSHEETS: QASP)
("Quasar" or "the Company")
Quasar Aerospace Industries, Inc.is pleased to announce it has
retained an SEC and Corporate law firm as legal counsel to the
Corporation. Given our plans for being a service provider in
the Legal and Medical Marijuana Industry it was necessary to retain
a firm of this stature to assist us with the challenges of that
growth. The law firm is well versed in representing publicly traded
companies in this industry and shall serve to aid the Corporation
in remaining compliant with the SEC and other reporting
agencies.
The firm is immediately tasked with drafting the definitive
documents for the closing with the premier Colorado hydroponic and
scientific grow supply store. The firm is establishing an
escrow account for the final closing on our previously announced
acquisition. The Corporation is currently on target for
closing this acquisition and looks forward to its future growth and
expansion in all aspects of its operations. Counsel will be
assisting Quasar in navigating some of the problems other public
companies have experienced in this sector.
The firm will also be tasked with filing the SEC Form 10 for the
Corporation in its effort to become a fully reporting company. We
currently anticipate completing this process no later than the end
of the year. Upon closing of our acquisition we will retain an
auditor as part of this process.
This will be another major milestone achieved for the
Corporation which we believe will enhance our overall valuation and
opportunities.
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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