GYOG Green Energy Enterprises Inc (CE)

JACKSONVILLE, FL- September 16, 2014 - InvestorsHub NewsWire - Quasar Aerospace Industries, Inc. (OTC Pink: QASP) (“Quasar” or “the Company”) Quasar Aerospace Industries, Inc. is proud to announce that it has finalized the acquisition of the assets of Hydro-Grow Supply, Inc. We have made our final payment of Seventy-Five Thousand, Five Hundred Dollars ($75,500) on this acquisition and now own one hundred percent (100%) of Hydro-Grow Supply, Inc. through our subsidiary, Green Energy Investments, Inc.  As promised we successfully accomplished the first step toward achieving the goals set out in the business plan for entering the legal and medical marijuana market as a service provider.  Quasar has begun and will continue to grab market share in the current $1.5 billion dollar hydroponic retail market.  We are moving forward with preparing for the launch of our new e-commerce site and intend to open a second grow store location in the immediate future. We have been contacted by other grow stores in Colorado wanting to sell their operations to Quasar and we are also looking at prime locations in Florida to enter the newly developing market as a front runner. Quasar has been in discussion concerning acquiring a warehouse for our first cultivation center.     
 
Hydro-Grow's final inventory at cost was valued at One Hundred, Sixty-Nine Thousand, Three Hundred, and Forty-Eight Dollars ($169,348) with an approximate retail exit value of Three Hundred, Twenty-Five Thousand, Seven Hundred, and Seventy-Eight Dollars ($325,778). The assets of Hydro-Grow totaled approximately One Hundred and Ninety-Two Thousand, Seven Hundred, and Ninety-Seven Dollars ($192,797). We have already increased the services being provided by Hydro-Grow to include not only retail sales but also to provide rental of trimmers, repair of ballast, installation of grow systems, delivery, and the creation of starter kits for the new grower.  The historical revenues for the grow store show an average of five hundred and fifty-seven thousand, five hundred and eight-two dollars ($557,582) annually over the past four (4) years with nearly a thirty-nine percent (39%) margin. Quasar has an excellent base to grow its revenue stream and the new e-commerce site will generate a new source of revenue to the grow store that has never been captured by Hydro-Grow in the past and this addition should at least double its current revenue.       
Please feel free to contact Quasar by telephone (904) 207-6503 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 ).
 
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
https://twitter.com/QuasarCannabis
  
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.
 

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