Quasar Aerospace Industries, Inc. (OTC Pink: QASP) (PINKSHEETS: QASP) ("Quasar" or "the Company")
Quasar Aerospace Industries, Inc.'s is thrilled to announce that it has entered into Terms of Acquisition with a premier Colorado hydroponic and scientific grow supply store. The hydroponic market is currently booming in Colorado and has the potential to spread throughout the country with little to no regulatory or legal limitations. One way to visualize this new step is to think of this opportunity as the pickaxe and pan seller during the "gold rush." Quasar will provide the hydroponic grow supplies necessary for the growth and production for the "green rush."
This hydroponic grow store is complete with a full inventory as well as delivery vans and other tangible assets. Not only is the store fully stocked but also prepped to immediately open a second facility. This store represents copious amounts of distributors which allows them to carry thousand of products for all types of growing and high-tech gardening needs. The store also currently contracts with numerous medical and recreational dispensaries throughout the State of Colorado and operates seven days a week. In the first quarter alone this store has generated nearly a million dollars in revenues.
This is only the beginning of the great opportunities and revenues to be realized by Quasar. Once the acquisition is finalized in the very near future a second location will be opened. The expansion of store fronts will be rapid and will include a future location in Florida as well as other target locations throughout the country wherein Quasar will be a front runner in being prepared for the new MMJ/MJ market to hit each state. Since this type of store has little to no regulations or laws hindering its ability to expand into states wherein MJ or MMJ is not currently legal it can capture the market prior to the legal authorization for the industry to enter each state. Once the laws are past we will be the store that is up and running and ready to supply and service dispensaries and individuals with their growth needs allowing us to immediately capture the market and revenues to be generated in this industry.
Quasar's President Donnell J. Vigil states, "Hydroponically grown produce typically consists of premium products therefore this industry is able to charge high prices for quality hydroponic systems. As a direct result, a steady increase in the industries profit margins has been realized over the past five years as demand has accelerated. With the growing prevalence of medical marijuana and marijuana legalization in certain states this has fueled rising interest in hydroponic growing methods and more marijuana will need to be produced to keep up with the demand. Furthermore, with Colorado's legalized recreational marijuana consumption this creates a new market for marijuana cultivation which Quasar will ensure to capitalize on."
Quasar has established a Colorado subsidiary, Green Energy Investments, Inc. as a holding company for upcoming projects in the MJ/MMJ industry. The acquisition of this hydroponic grow store is just the first part of a large plan. In the future there will be cultivation centers, warehouses, edibles, and real estate all of which are currently being pursued. This store will provide the first portion of the necessary tools and knowledge to effectively develop and service not only one dispensary but numerous dispensaries at the same time through its future cultivation centers. There are dispensaries in Colorado that have already indicated that are ready to participate in a cultivation center upon establishment.
Quasar is excited to unleash its branding into the marketplace. The growth store actively markets this brand and Quasar intends to take it nationwide. Unfortunately, due to harassing and unpleasant contact by bashers, Quasar is holding on releasing the name until closing as to not obstruct this deal in any manner.
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
SOURCE: Quasar Aerospace Industries, Inc.
Associated Documentation:
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QASP_4-23-2014_LST_ETL.docx
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