Quasar Executes Definitive Agreement With a Hydroponic Grow Store
16 Juin 2014 - 3:45PM
Marketwired
Quasar Executes Definitive Agreement With a Hydroponic Grow Store
JACKSONVILLE, FL--(Marketwired - Jun 16, 2014) - Quasar
Aerospace Industries, Inc. (OTC Pink: QASP) (PINKSHEETS: QASP)
("Quasar" or "the Company") is thrilled to announce that the
Definitive Agreement on the acquisition of a premier Colorado
hydroponic and scientific grow supply store has been fully
executed. Quasar is excited to be entering the hydroponic market as
a service provider to the legal marijuana industry which is
currently booming in Colorado. As previously announced this
opportunity provides Quasar the ability to spread throughout the
country with little to no regulatory or legal
limitations. This is only the first step in Quasar's large
plan for creating a great future for Quasar and building
shareholder value.
We would like to welcome
Hydro-Grow Supply, Inc. to Quasar! Hydro-Grow is located in
Colorado Springs, Colorado and has been owned and operated as a
family business since 2009. It is one of the only grow stores on
the Eastside of Colorado Springs which services all surrounding
Counties in South Colorado. We have selected and hired an
experienced and extremely talented individual to manage the grow
store.
This hydroponic grow store is
complete with a full inventory including a fully stocked store and
warehouse as well as a delivery van, trimmers, a stocked 20 ft.
steel storage container, palette lift and other tangible assets.
This store represents copious amounts of distributors and growers
which allows them to carry thousands of products for all types of
growing and high-tech gardening needs. The store currently
contracts with numerous marijuana growers and dispensaries
throughout the State of Colorado and operates six days a
week. It rents out its trimmers to growers to capture
additional revenue. A point of sale security system is
installed and all inventory is labeled with UPC codes which allows
Quasar to ensure all inventory is accounted for as it enters and
exits the grow store. In addition, it permits Quasar to
safeguard all revenue being captured as well as allowing remote
security viewing of the store front.
This is not Quasar's initial
target hydroponic store which would have only provided forty
percent (40%) ownership. Quasar was presented with an even better
opportunity and was able to negotiate and proceed to the execution
of a definitive agreement with this hydroponic grow store wherein
Quasar through its wholly owned subsidiary, Green Energy
Investments, Inc. will own one hundred percent (100%) of the grow
store and all its assets. Thereby, making this hydroponic grow
store a wholly owned subsidiary.
Upcoming details will be
released regarding the unleashing of its branding into the
marketplace which Quasar intends to take it
nationwide. Further details regarding this acquisition will be
released in an upcoming press release.
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
Twitter: https://twitter.com/quasaraero
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