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  1. atmgeek1 is offline
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    10-01-2009, 02:22 PM #471
    Quote Originally Posted by atmgeek1 View Post
    We would like to also update shareholders on the closing of our acquisitions. It is critical to do the
    four acquisitions as a single transaction on a single day. Doing otherwise would lead to excessive
    transactional fees and duplication of expenses. With the obvious complications of closing four
    acquisitions at precisely the same time on the same day, we have to find a day and time that is
    good for all parties and their support and legal teams. We will be soon choosing a day and time that
    is acceptable to all concerned. While we tried to make all of this happen for Friday, August 28,
    2009, it simply is not possible. We will provide an update when it is prudent.
    These first four acquisitions of these well established aviation and aerospace related businesses will
    add an estimated $150 million to Quasar's revenue and $33 million in EBITDA for the Company's
    fiscal year 2010. The first group of acquisitions are only the beginnings of the Quasar Aerospace
    conglomerate as we are actively pursuing other ventures within the aerospace industry.
    \

    I'm not sure where the shrubber got his info that talked about 6 aquisitions, this press release only point to 4 to be closed on the same day???
    Although the last sentence refer to "the first group". Interesting choice of words.

  2. GoHerdGreg is offline
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    10-01-2009, 02:27 PM #472
    Look at one of the more recent PRs from QASP, and IIRC, it does mention more than 4 acquisitions in the pipeline. I'm comfy just waiting on QASP; everything lines up.

    Bill--
    Sorry buddy, but I did get my GSAE shares at $0.61 a few minutes ago.

    Maybe I am catching a falling knife here, I don't know...

  3. billhart22 is offline
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    10-01-2009, 02:39 PM #473
    Quote Originally Posted by GoHerdGreg View Post
    Look at one of the more recent PRs from QASP, and IIRC, it does mention more than 4 acquisitions in the pipeline. I'm comfy just waiting on QASP; everything lines up.

    Bill--
    Sorry buddy, but I did get my GSAE shares at $0.61 a few minutes ago.

    Maybe I am catching a falling knife here, I don't know...
    I am happy for you! It is going back up. Maybe it just needed to swoop down for a bit so you could buy it.

  4. billhart22 is offline
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    10-01-2009, 03:00 PM #474
    SAN JUAN CAPISTRANO, CA, Oct 01, 2009 (MARKETWIRE via COMTEX) -- BioCentric
    Energy Holdings, Inc. (PINKSHEETS: BEHL) today issued the following statement of
    clarification as to the company's path towards the Green Environment:

    BioCentric energy founders Dennis Fisher and Dennis Ki Shen, decided almost 3
    years ago to dedicate their time and resources to help the world find
    alternative solutions for alternative fuel, nutrients, nutracuetical
    supplements, and ultimately an alternative food source for the human race from a
    natural fungal source called ALGAE. At this point they decided to form a company
    called BioCentric Energy.

    Most of the world's population considers ALGAE a fungus-type organism that grows
    on still pond water and unattended swimming pools that needs to dispose of such
    fungal species.

    Along with a few other Bio-scientific teams, both Dennis Shen and Dennis Fisher
    realized the world's alternatives fuel and nutritional needs were actually at
    the world's fingertips through a naturally grown product called ALGAE.

    Along with a small handful of other companies across the world, they realized
    that through the mass multiplication of natural ALGAE, the world had an "All
    Green" solution to the Alternative natural Fuel supply and a major source of
    nutrition at their fingertips disguised as ALGAE.

    Working from a modest location in Huntington Beach, California, the team created
    a tabletop working version of their idealistic low cost closed loop
    photobioreactor system for the mass natural reproduction of ALGAE.

    Less than a year later, the company had perfected a low cost way to reproduce
    high quality ALGAE for a multitude of alternative uses, including Bio-Diesel, as
    a major alternative fuel source with incredible reductions in emissions in the
    use of the final product. The natural by-product from the Bio-diesel ALGAE
    strain produces Bio-mass which itself is a major nutritional supplement for
    animal feeds of all types.

    Currently, Biocentric has manufactured and perfected several cost effective
    closed loop photobioreactor systems at their San Juan Capistrano Corporate
    facility in southern California which have been incredibly successful in the
    natural mass reproduction of many strains of ALGAE for a multitude of final end
    uses ranging from alternative fuels, cosmetics supplements, nutrasutical,
    nutrient and even Omega-3 content. It seems this natural phenomenon is almost
    limitless in its naturally grown applications.

    ALGAE research and development is now something all major oil companies are
    avidly pursuing in order to become part of the "Green" environment and produce
    energy efficient low emissions alternative fuels. Recently, Exxon announced a
    $600M infusion to their ALGAE R&D division for such a product.

    Biocentric's mission is to continue to develop and make available to companies
    worldwide cost effective closed loop photobioreactor systems for the optimum
    environmental conditions to provide maximum efficiency in the mass reproduction
    of ALGAE to be able to produce a "Green" environmentally safer world for many
    products used daily by consumers and industries worldwide.

    Biocentric currently has several contracts in place for the construction and
    development of ALGAE farms using their closed loop Photobioreactor systems. They
    are currently modifying their business plan to include Joint-Venture
    opportunities with prospective clients and VAR's (Value Added Resellers)
    worldwide.

    Company President & CEO Dennis Fisher commented, "There are alternative fuel
    sources for the production of low emission alternative fuels such as Ethanol,
    which is produced from corn or vegetable oil. The problem is by using such raw
    materials as a source for alternative fuels, the availability of such raw
    materials available for food sources by the human race diminishes significantly
    in lieu of an alternative fuel supply. The use of ALGAE as the feedstock for
    ethanol plants, (with up to a 60% starch content) fulfills both requirements
    more than adequately to sustain human food supplies and alternative 'green' fuel
    products to name just two of many ultimate end products derived from ALGAE."

    RELEVEANT LINKS:

    www.biocentricenergy.com

    www.thefuelfilm.com

    VOD Newswire Video Format:
    http://vodnewswire.com/vodnewswire/n...ergy-20091001/

    Biocentric Energy Holdings, Inc. is dedicated to the development of new
    technologies as well as acquiring and fostering companies with innovative
    technologies designed to provide unique and effective green energy solutions for
    the 21st century. Along with the cultivation of important relationships and
    partnerships with synergistic entities, BioCentric Energy has devoted
    substantial time and effort in research and development in order to bring a
    range of innovative green alternatives to the marketplace.

    Safe Harbor Statement: This release includes forward-looking statements intended
    to qualify for the safe harbor from liability established by the Private
    Securities Litigation Reform Act of 1995. These forward-looking statements
    generally can be identified by phrases such as BEHL or its management
    "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or
    other words or phrases of similar import. Similarly, statements herein that
    describe the Company's business strategy, outlook, objectives, plans, intentions
    or goals also are forward-looking statements. All such forward-looking
    statements are subject to certain risks and uncertainties that could cause
    actual results to differ materially from those in forward-looking statements.





    Contact:

    Dale Baeten

    BioCentric Investor Relations

    Office: 920-273-7941
    Last edited by billhart22; 10-01-2009 at 03:02 PM.

  5. atmgeek1 is offline
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    10-01-2009, 03:30 PM #475

    behl pr

    Where as I do appreciate good communication with investors, was there anything in there that we did not already know? I think they must challenge themselves and see how many different ways they can say the same thing. Unbelievable. Opposite ends of the spectrum, behl and miggle.

  6. Ramsey is offline
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    10-01-2009, 03:42 PM #476
    While I've not followed BEHL - not invested in it - maybe I should put $40 in it, so that I am interested...hmmm


    Anyway, I'm curious if the folks that are following BEHL have also looked at Origin Oil???

    http://www.originoil.com/investors/investors.html

    The CEO, btw, has a really cool name -- "Riggs Eckelberry"...nice!

    Ramsey
    Last edited by Ramsey; 10-01-2009 at 06:38 PM.

  7. Los Tiburones is offline
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    10-01-2009, 03:52 PM #477

    4 +2 + 1

    Quote Originally Posted by atmgeek1 View Post
    Although the last sentence refer to "the first group". Interesting choice of words.

    From the last PR;

    JACKSONVILLE, FL–(Marketwire – 09/28/09) – Quasar Aerospace
    Industries, Inc. (Pinksheets:QASP -News) is pleased to announce the
    start of our previously announced Stock Buy Back Plan on Monday,
    September 28, 2009. The company was delayed for a few days because our
    primary bank could not open a securities trading account for Quasar in
    a timely basis. Fortunately Deutsche Bank in San Francisco and NYC
    came to our rescue. We received final approval on Thursday afternoon
    and will be starting today.

    On Tuesday of last week a critical meeting was held regarding our
    recently announced acquisitions. Quasar Aerospace Industries CEO, Dean
    Bradley, and Senior Vice President for Administration, Lisa Betros,
    were in Kansas with the executives for two of our acquisitions along
    with the legal teams for those companies. Also attending were
    attorneys for Quasar coming in from Seattle and Philadelphia. In this
    series of meetings we were able to complete the Definitive Acquisition
    Agreements
    , the employment contracts for key employees, and the
    incentive plans for the employees of the subsidiaries. Also discussed
    was a new opportunity that will potentially become part of Quasar
    Aerospace Industries.



    On Monday, September 21, 2009 executives from our wholly owned
    subsidiary, Atlantic Aviation, took delivery of a pristine Piper
    Seminole for $89,000, which is an excellent twin engine trainer.
    Atlantic Aviation President and Chief Flight Instructor, Joshua
    Henderson, and Atlantic Aviation’s Director of Aircraft Maintenance,
    Raymond Frez, raved about the plane after their cross country flight
    with the aircraft. In the present economic environment now is an ideal
    time to be adding to the fleet.


    We have been asked what Redbird simulator we purchased and installed
    at the Herlong Airport, it is their FMX Model. We are pleased to
    announce that we purchased this top of the line unit for $80,000. We
    are so pleased with it that we have now ordered a second identical
    unit.


    The company is on track to execute our business plan. The management
    team is working diligently to complete the first four acquisitions,
    and will then proceed on two more acquisitions shortly thereafter.



    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 Equus Resources, Inc. and Quasar Aerospace
    Industries, Inc. under take no obligation to update such statements


    Contacts:
    Dean Bradley
    904-612-8485
    dean.brad...@quasaraerospace.net
    Investor Relations
    QASP-i...@equititrend.com
    800-585-6988

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    Reading through the posts earlier about ... I cut it out here;

    "Was re-reading this paragraph and it sounds like the acquisitions won't close until next year. That can't be right.

    Item 4 Management’s discussion and analysis or plan of operation.
    During the next year, Quasar Aerospace Industries plans to pursue a
    selective growth strategy. The Company will close the six acquisitions
    that are currently in progress. In addition, Quasar will evaluate and
    improve the synergies that result from having them under the corporate
    umbrella.
    "

    "During the next year" I believe pertains to both duration or (time line - a year from now) (rather than 2010 per se) and the growth strategy. The six acquisitions are compiled from the embolden in the PR and actually it may be 7 rather than six with the "new opportunity" mentioned.

    So I think the shrubber there is 'right' when he said 'this can't be right'.

    I agree with him!
    Last edited by Los Tiburones; 10-01-2009 at 04:18 PM. Reason: "Maybe" To "May be" - Ma Bell, Mabel ... you get the idea

  8. bigsandy is offline
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    10-01-2009, 03:55 PM #478
    Quote Originally Posted by atmgeek1 View Post
    Where as I do appreciate good communication with investors, was there anything in there that we did not already know? I think they must challenge themselves and see how many different ways they can say the same thing. Unbelievable. Opposite ends of the spectrum, behl and miggle.
    ATM, I'm with you man. If they don't start promoting some income/revenue and specific contract terms, they risk this thing dying on the vine. Pumpers like P#C and others will not be able to generate enough interest. Just look what happened to the stock the last two times it was pumped after the big run up.

    Curious what the future really holds here....

  9. Los Tiburones is offline
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    10-01-2009, 04:16 PM #479

    Sponge

    Sorry if this has already been posted ...

    Spongetech Delivery Systems, Inc. Submits Lawsuit Against GetFugu, Inc.

    1:03pm EDT
    Spongetech Delivery Systems, Inc. announced that the Company has filed a lawsuit in the United States District Court for the Southern District of New York against GetFugu, Inc. The complaint alleges a breach of contract, breach of fiduciary duty, common law fraud, conversion, willful misconduct and unlawful appropriation of funds by GetFugu and that SpongeTech is seeking to recover funds which were delivered to GetFugu. An aggregate of $1,750,000 had been advanced to GetFugu in anticipation of the entry into a definitive investment agreement. On September 8, 2009, SpongeTech had announced that it was going to invest $4 million into GetFugu`s mobile-based web search and e-commerce technology. On September 24, 2009, SpongeTech announced the rescission of investment plans in GetFugu and that GetFugu had advised the Company that it currently did not have the funds to repay the $1,750,000 and that it was seeking alternative financing sources to fund a reimbursement.

    http://www.reuters.com/finance/stock...20091001170300

  10. atmgeek1 is offline
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    10-01-2009, 04:18 PM #480
    Thanks LT. I was skimming the pr's here at work and being bothered by the annoyance of the day to day operation here at my real job. Can't these people see I'm busy!!! So after careful scritiny you have shown us it is 6 aquisitions and 1 "new opportunity". Although it does refer to finishing the first four then the next two, the timeframe is still not specified. DAMN, these people need to stop interupting my train of though. I'll be back

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