Quasar Aerospace Industries, Inc. (OTCPK:QASP) announced a private placement of common shares for gross proceeds of $10,000 on April 19, 2013. The minimum investment accepted from any outside investor is $2,000. The round will include participation from a single investor. The company will issue securities pursuant to exemption provided under Regulation D.

On May 30, 2013, the company announced that it will receive additional $10,000 in this transaction.

On June 21, 2013, the company announced that it will receive additional $10,000 in this transaction.

On July 22, 2013, the company announced that it will receive additional $6,500 in this transaction.

On August 19, 2013, the company announced that it will receive additional $5,500 in this transaction.

On September 20, 2013, the company announced that it will receive additional $4,500 in this transaction.

On October 16, 2013, the company announced that it will receive additional $2,500 in this transaction.

On November 8, 2013, the company announced that it will receive additional $3,500 in this transaction.

On December 5, 2013, the company announced that it will receive additional $3,000 in this transaction.

As of December 12, 2013, the company received $55,500 in this transaction.

On December 31, 2013, the company amended the terms of the transaction. The company will receive additional $10,000 in this transaction; of which the company has received $3,000.

On January 15, 2014, the company received additional $5,000 in a tranche close.

On February 26, 2014, the company amended the terms of the transaction. The company will receive additional $7,500 in this transaction.

On March 13, 2014, the company amended the terms of the transaction. The company will receive additional $8,000 in this transaction. The company closed an additional tranche of $2,500.