Ok, well, at least I thought it was cool, lol
Ok, well, at least I thought it was cool, lol
OMG. Dave you are the man!!
Great catch there. I'll be watching for the big sell off of BEHL so that I can keep my gains.
Symbol:
QASP
Exchange:
OTC:Pink Sheets
Share Structure:
Authorized Shares: 750,000,000 as of March 7 2009
Outstanding Shares: 197,000,000 as of March 7 2009
Preferred Shares Authorized: 50,000,000 as of March 7 2009 (None Issued as of March 2009)
Float: Approx 39,000,000 as of March 30 2009
Ihub Board:
http://investorshub.advfn.com/boards...?board_id=3940
THREE MAJOR ACQUISITIONS COMING IN JULY
1. This acquisition when it closes sometime prior to July 31, 2009 will add approximately $44 million to our revenue stream and $10 million in EBITDA. The company to be acquired has a vast range of capability in the aerospace industry, and operates three plants totaling approximately 300,000 sq. ft. The company owns two of the plants equaling 190,000 sq. ft. and leases the third plant. The handsome revenue and profit numbers are achieved with less than 250 employees, and does so with a superb safety record.
2. Quasar Aerospace Industries, Inc., formerly Equus Resources, Inc. (PINKSHEETS: EQUR), is pleased to announce an agreement in principal to acquire an aerospace engineering firm located in the Southeast area of the US. This acquisition will provide the company with a full line of engineering capability for the Quasar line of aircraft currently in development. For security reasons the name of the company will not be divulged until the acquisition is closed. The acquisition is to be made with private equity funding and will be an all cash transaction. This acquisition when it closes sometime prior to July 31, 2009 will add approximately $8 million to our revenue stream and $2 million in EBITDA.
3. Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) (formerly) Equus Resources, Inc. (EQUR). Quasar Aerospace Industries, Inc. is pleased to announce the signing of an agreement to acquire a third aviation/aerospace company. The full Board of Directors of the company to be acquired unanimously approved recommending to the shareholders that they accept the offer of One Dollar per share for the 32,000,000 shares outstanding. The members of the Board hold over 80% of the outstanding stock so shareholder approval is certain to be obtained. The company's name for the obvious reasons must remain anonymous until the transaction is closed, which is scheduled for the middle of August of this year. This acquisition will add approximately $18,000,000 to our annual revenues and $3,750,000 to the bottom line.
Total from the 3 Acquisitions
Revenues: $70,000,000
EBITDA: $15,700,000
Lots of gapping up there dave on BEHL 3 big ones I see. Good catch and thanks for watching out for the guys here. As Big Ben would say, take some off the table....(but thats what i did at .01 so who am i to say)
The nice thing I see in SPNG is that they are buying back outstanding and cancelling authorized shares. They are also GLOBAL already and growing in Europe etc. There are Billions of people who wash their cars and kids and dogs. And the product is probably habit forming and requires the user to replenish when the product is used up.
They seem determined to go it alone, but you could certainly see 3M or such to buy them at 2 to 3 or more times the current price +++.
http://finance.yahoo.com/news/Beacon....html?x=0&.v=2
Beacon Equity Issues Trading Outlook for Magellan Energy Ltd.
Dave, Im also trying to hold some dry powder in case spng retraces or loses support. But it bounced of .08ish recently before its steady rise filling the gaps between .10 and .16
Thanks romo!
Wasn't sure about posting the whole thing, this should be a direct link;
http://www.beaconequity.com/investme...ergy-ltd-mglg/
Maybe I haven't had enough coffee yet but I was left wondering what their outlook truly was ...
Any day now those mysterious numbers should be here.
BEHL,BEHL,BEHL ... I am having all these flashbacks from reading here ... Just wait until I get my patented "Hindsight Machine" up in operation, we will all be ridiculously over compensated ...
I am just itching to throw some money into something, more miggle? ... wait for a pullback on BEHL? (getting suspicious if it's ever coming at all) - Have been done buying SIRI for quite awhile now ... Spongebob ... Just too darned busy with work lately to keep my head in a DD mode, find myself after work or early here playing catch up ...
Welcome to the new guy as well! Great bit there about Bill talking to himself, I remember those days - Great patience you already possess Bill
(qasp)
Estimated Market Cap
$2,571,295 as of Aug 3, 2009Company Note
Outstanding Shares
205,703,622 as of Mar 31, 2009
Authorized Shares
750,000,000 as of Mar 31, 2009
Number of Share Holders of Record
590 as of Mar 30, 2009
Float
39,000,000 as of Mar 30, 2009
Company Notes
Formerly=Equus Resources, Inc. until 6-2009
Formerly=Forst Hunter International Trade Corp. until 7-04
Formerly=Hunter International Trade Corp. to 5-87
qasp Company Officers
Dean Bradley, President
Marty Zell, Secretary, Treasurer
Number of Employees
2 as of Mar 31, 2009
Transfer Agent
Computershare Trust Company Inc.
350 Indiana St.
Golden, CO 80401
EVFL up 100%!!!!!!
hi all - woke up for the open - likely going back to bed... though, have to get up to see the dentist today... oh joy!