Quasar Aerospace Industries Inc. QASP Archives

ThursdayJun 14, 2012 12:15 pm

Quasar Aerospace Industries, Inc. (QASP) to Amend Series A Preferred Shares

Earlier today, Quasar Aerospace Industries announced that in a meeting of the majority of Series A Preferred shareholders, a motion to amend the certificate of designation was approved. As a result, the Series A Preferred shares will be amended so that a majority of the Series A Preferred shareholders will represent a voting majority, but the economic value of each share will convert at one hundred dollars per share ($100.00) and accrue an interest rate of twelve percent (12%) starting on July 1, 2012, until converted. The prior conversion feature has been a source of concern for current and potential…

WednesdayJun 06, 2012 11:22 am

Quasar Aerospace Industries, Inc. (QASP) Positions Itself for Anticipated Explosion in Pilot Demand

The rapid increase in global industrialization and associated travel is expected to generate a need for hundreds of thousands of pilots around the world, largely for China and Asia-Pacific nations, putting a strain on the limited supply of qualified training operations. The U.S. has become a center for advanced flight and technical training, and Quasar is positioning itself to become a training leader through an aggressive marketing and acquisition program, with the possibility of providing additional services. Below are some of the specific steps to this end that Quasar has been taking or is planning, and their expected benefits: Acquisition…

FridayJun 01, 2012 3:05 pm

Quasar Aerospace Industries, Inc. (QASP) to Meet Growing Need for Pilots

With all of the talk about globalization, and the rapid integration of developing countries into the worldwide marketplace, one of the key factors that is too often overlooked is the massive potential shortage of pilots that is evolving. With heightened worldwide communication and industrialization comes increased travel. Countries around the world will be growing their commercial fleets to serve a flood of business and recreational travelers. Much of the growth is, understandably, expected to come from Asia, but the pressure for more pilots will be felt everywhere. The estimates are staggering, with a demand for perhaps a half million new…

FridayMay 25, 2012 12:41 pm

Quasar Aerospace Industries, Inc. (QASP) Brings Together the Best

Quasar Aerospace is a Florida-based holding company comprised of strategic subsidiaries in the aerospace industry, with a current focus on aircraft pilot training and aircraft services. Their goal has been to pursue a synergistic business strategy that combines carefully chosen aviation/aerospace business into an integrated and self-supporting network, which will have the ability to operate in a more complex strategic environment and to achieve greater success than would have been possible if they were operating individually. Quasar targets companies with a proven track record and significant consolidated cash flow. The company does not intend to take over the operation of…

MondayMay 14, 2012 8:50 am

Quasar Aerospace Industries, Inc. (QASP) Announces Major Reduction in Authorized Shares

Quasar Aerospace Industries just announced that after a meeting of the majority of shareholders and the Board of Directors, the company has reduced the total number of shares authorized to four hundred and seventy-five million (475,000,000). According to the press release issued this morning, Quasar Aerospace felt that the share reduction was prudent at this time. The company stated that it will continue to look to align its share structure and capitalization more appropriately; including the conversion terms of the preferred shares. Quasar Aerospace also reminded the investment company of its announced conference call scheduled for Wednesday May 16, 2012,…

FridayMay 11, 2012 4:51 pm

Quasar Aerospace Industries, Inc. (QASP) is “One to Watch”

Quasar Aerospace Industries is an integrated aviation/aerospace corporation focused on executing an innovative and highly synergistic business strategy to develop competitive aircraft and train aircraft pilots. By combining several businesses in the aviation/aerospace industry with an integrated and self-supporting network, the company will be able to operate in a more complex environment and achieve greater success. Rather than forcing acquired business to conform to a master corporate plan, Quasar allows these entities to retain their operational independence and unique corporate cultures. In doing so, the resources, talents, insight, experience, and market potential of each will be supported and enhanced in…

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Tag: Quasar Aerospace Industries Inc. QASP

Quasar Aerospace Industries, Inc. (QASP) to Amend Series A Preferred Shares

Quasar Aerospace Industries, Inc. (QASP) Positions Itself for Anticipated Explosion in Pilot Demand

Quasar Aerospace Industries, Inc. (QASP) to Meet Growing Need for Pilots

Quasar Aerospace Industries, Inc. (QASP) Brings Together the Best

Quasar Aerospace Industries, Inc. (QASP) Announces Major Reduction in Authorized Shares

Quasar Aerospace Industries, Inc. (QASP) is “One to Watch”

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