MASG - Mooney Aerospace Group, Ltd. (fka MASG)

[LMfights]

Is anyone monitoring this board anymore? I lost my ass with these guys and if anything came of an FBI investigation or something I would certainly like to know.

[SmokingUSA]

Bill: The FBI, in the course of their investigation has asked
me to provide them with certain information regarding the
criminal (and very damaging) activities of the Bawag et al
RICO bunch acting at MNYG, including the names of any others
that have been damaged by this activities. Would you be so
kind as to join with us in this advice to the FBI and send me
your address/etc together, if you wish, with a brief summary
of the damages that you've suffered as a result of these illegal
activities at AASI/MASG/MNYG by this USA/Offshore Group and
their affiliates. If you know of any others that have been damaged
as a result of these corrupt activities, please let me know so I can
include them in this notification to the FBI. Thanks & good luck.
Paul

If you were damaged by MASG please email me at [e-mail] and I will pass the info to Paul.

[Train Guy]

Not only did the books make it look like a bad roll of the dice a few months back, but it had skeletons in it's closet. Just because you have an excellent product obviously doesn't guarantee success.

[Bruce A Thompson]

Mooney Aerospace Group Ltd. Files for Chapter XI Bankruptcy Reorganization
6/11/2004 4:49:00 PM

KERRVILLE, Texas, Jun 11, 2004 (BUSINESS WIRE) -- Mooney Aerospace Group (MASG) announced today that it filed a petition for reorganization under Chapter XI of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware on June 10, 2004. The company intends to rapidly work to file a plan of reorganization in the proceeding.

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confidant that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.

SOURCE: Mooney Aerospace Group Ltd.

Mooney Aerospace Group Ltd., Kerrville
J. Nelson Happy, 830-792-2917

[Bruce A Thompson]

(COMTEX) B: Mooney Aerospace Group Ltd. Announces Over $23 Million Judgmen
Entered by California Superior Court
B: Mooney Aerospace Group Ltd. Announces Over $23 Million Judgment Entered by Ca
ifornia Superior Court

KERRVILLE, Texas, Jun 1, 2004 (BUSINESS WIRE) -- Mooney Aerospace Group Ltd.
(OTCBB:MASG) announced today that on May 28, 2004 the Superior Court of Los
Angeles County entered judgment in favor of MASG's former landlord AP Long Beach
Airport LLC. affirming a prior arbitrator's award of $23,901,617.90 against
MASG.

J. Nelson Happy, MASG's President and Vice-Chairman, stated: "We were very
disappointed at the outcome of this case, but we must abide by the court's
decision. We fought the landlord's claim with all of our legal resources, but in
the end the landlord prevailed. The board is inclined to appeal the decision,
however."

This press release contains forward-looking statements within the meaning of The
Private Securities Litigation Reform Act of 1995 (the "Act"). In particular,
when used in the preceding discussion, the words "plan," "confidant that,"
"believe," "scheduled," "expect," or "intend to," and similar conditional
expressions are intended to identify forward-looking statements within the
meaning of the Act and are subject to the safe harbor created by the Act. Such
statements are subject to certain risks and uncertainties and actual results
could differ materially from those expressed in any of the forward-looking
statements. Such risks and uncertainties include, but are not limited to, market
conditions, the availability of components and successful production of the
Company's products, general acceptance of the Company's products and
technologies, competitive factors, timing, and other risks described in the
Company's SEC reports and filings.

SOURCE: Mooney Aerospace Group Ltd.


CONTACT: Mooney Aerospace Group Ltd., Kerrville
J. Nelson Happy, 830-792-2917

[renshen1]

News for 'MASG' - (Mooney Aerospace Group Ltd. Sells All Stock of Mooney
Airplane Company to Allen Holding Finance Ltd.)


KERRVILLE, Texas, Jun 1, 2004 (BUSINESS WIRE) -- Mooney Aerospace Group
Ltd.
(OTCBB:MASG), announced today that it has sold all of the stock of Mooney
Airplane Company, formerly its wholly owned subsidiary, to Allen Holding
Finance
Ltd. ("Allen") a private investment company. As part of the transaction in
consideration for the stock, Allen agreed to assume all of the debt owed
by MASG
to its secured debenture holders, an amount in excess of $21 million, and
invest
$4 million in new capital for Mooney Airplane Company by July 27, 2004.

According to J. Nelson Happy, MASG President and Board Vice-Chairman, "The
company's secured debenture holders declared their notes in default. As a
result, the MASG board accepted the offer to purchase all of Mooney
Airplane
Company's stock by Allen, and the sale was completed last Friday morning."

Because of the stock sale, MASG no longer has any financial interest in
Mooney
Airplane Company.

"The board of MASG deeply regrets that the sale of Mooney Airplane
Company's
stock was made necessary," Happy said. "However, Allen has assumed over
$21
million of the Company's debt owed to the secured debenture holders, and
has
also agreed to provide $4 million of new capital for the operating company
within 30 days. This is good news for Mooney Airplane Company, which will
now
have adequate capital to meet its business plan," according to Happy.

This press release contains forward-looking statements within the meaning
of The
Private Securities Litigation Reform Act of 1995 (the "Act"). In
particular,
when used in the preceding discussion, the words "plan," "confident that,"
"believe," "scheduled," "expect," or "intend to," and similar conditional
expressions are intended to identify forward-looking statements within the
meaning of the Act and are subject to the safe harbor created by the Act.
Such
statements are subject to certain risks and uncertainties and actual
results
could differ materially from those expressed in any of the forward-looking
statements. Such risks and uncertainties include, but are not limited to,
market
conditions, the availability of components and successful production of
the
Company's products, general acceptance of the Company's products and
technologies, competitive factors, timing and other risks described in the
Company's SEC reports and filings.



Mooney Aerospace Group Ltd.

J. Nelson Happy

Louis Schreiner Field

Kerrville, Texas 78028

Phone: [phone]

SOURCE: Mooney Aerospace Group Ltd.

[Bruce A Thompson]

(BSNS WIRE) Mooney Aerospace Group Ltd. Sells All Stock of Mooney Airplane Co
pany to Allen Holding Finance Ltd.
Mooney Aerospace Group Ltd. Sells All Stock of Mooney Airplane Company to Allen
olding Finance Ltd.


Business Editors

KERRVILLE, Texas--(BUSINESS WIRE)--MASG--
Mooney Aerospace Group Ltd. (OTCBB:MASG), announced
today that it has sold all of the stock of Mooney Airplane Company,
formerly its wholly owned subsidiary, to Allen Holding Finance Ltd.
("Allen") a private investment company. As part of the transaction in
consideration for the stock, Allen agreed to assume all of the debt
owed by MASG to its secured debenture holders, an amount in excess of
$21 million, and invest $4 million in new capital for Mooney Airplane
Company by July 27, 2004.
According to J. Nelson Happy, MASG President and Board
Vice-Chairman, "The company's secured debenture holders declared their
notes in default. As a result, the MASG board accepted the offer to
purchase all of Mooney Airplane Company's stock by Allen, and the sale
was completed last Friday morning."
Because of the stock sale, MASG no longer has any financial
interest in Mooney Airplane Company.
"The board of MASG deeply regrets that the sale of Mooney Airplane
Company's stock was made necessary," Happy said. "However, Allen has
assumed over $21 million of the Company's debt owed to the secured
debenture holders, and has also agreed to provide $4 million of new
capital for the operating company within 30 days. This is good news
for Mooney Airplane Company, which will now have adequate capital to
meet its business plan," according to Happy.

This press release contains forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of 1995 (the
"Act"). In particular, when used in the preceding discussion, the
words "plan," "confident that," "believe," "scheduled," "expect," or
"intend to," and similar conditional expressions are intended to
identify forward-looking statements within the meaning of the Act and
are subject to the safe harbor created by the Act. Such statements are
subject to certain risks and uncertainties and actual results could
differ materially from those expressed in any of the forward-looking
statements. Such risks and uncertainties include, but are not limited
to, market conditions, the availability of components and successful
production of the Company's products, general acceptance of the
Company's products and technologies, competitive factors, timing and
other risks described in the Company's SEC reports and filings.
-0-
*T
Mooney Aerospace Group Ltd.
J. Nelson Happy
Louis Schreiner Field
Kerrville, Texas 78028
Phone: [phone]
*T

[PDC ™]

oh yea. Scary crap. wish I had bought more at the low though ..... :(

[Martin Murray]

Thanks.

I'm sure this recent judgment has more people than just me worried.

[renshen1]

Mooney Board of Directors Approves New Three-Year Business Plan
via COMTEX

May 13, 2004

KERRVILLE, Texas, May 13, 2004 (BUSINESS WIRE) --

The board of directors of Mooney Airplane Company, a wholly owned subsidiary of Mooney Aerospace Group Ltd. (OTCBB:MASG) recently announced its approval of a new three-year business plan. The plan outlines the steps necessary to not only increase sales, but to offer a greater customer support experience to the more than 8,000 Mooney owners worldwide.

'After more than 50 years in the business, we are proud to say that our board stands firm in their belief in the Mooney brand,'said Tom Gray, managing director of Mooney Airplane Company. 'This business plan outlines our goal to stay true to the values of the Mooney name by delivering the safest, highest quality, highest value aircraft available today.'

The plan calls for Mooney to sell more than 70 airplanes in 2004, more than twice its 2003 volume. It also calls for new product features, wider sales presence, additional employees and improvements in production over the next three years.

The plan was approved by the board of directors during a meeting in New York on May 3. In the following two days, the plan was presented to Mooney employees in Kerrville, as well as to members of two Mooney organizations -- Mooney Aircraft Pilots Association (MAPA) and Mooney Owners Association (MOA).

'It was very important for us to get all of our team members on board to support this exciting new period for Mooney,'Gray said. 'The plan was met with overwhelming support. Now we begin the exciting task of implementing this plan and enhancing our value to the Mooney customer.'

Mooney Aerospace Group Ltd. is a general aviation holding company that owns Mooney Airplane Co., located in Kerrville, Texas. Mooney currently sells four models; the highest performing four-place single engine piston powered aircraft, the Bravo DX and GX and the highly rated Ovation2 DX and GX. Mooney is celebrating its 51st Anniversary in Kerrville, Texas, where it has manufactured more than 10,000 aircraft that have been delivered worldwide. Complete information about Mooney aircraft is available at www.Mooney.com.

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the 'Act'). In particular, when used in the preceding discussion, the words 'plan,''confidant that,''believe,''scheduled, ''expect,'or 'intend to,'and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the company's products, general acceptance of the company's products and technologies, competitive factors, timing and other risks described in the company's SEC reports and filings.

SOURCE: Mooney Airplane Company

Mooney Airplane Company, Kerrville J. Nelson Happy, 830-792-2917 [e-mail]

Customize your Business Wire news &multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire. All rights reserved.

[PDC ™]

I will keep you informed. Really looking forward to it. :)

[Martin Murray]

I'm very interested in hearing about your trip when you get back. If you can take any photos for posting, that would be excellent, as well.

I also own some shares and want to know more about the company.

Thanks,

Martin Murray

[PDC ™]

I am the last one in this stock and it is my one happy position. I am going to peoria, Illonois on June 5th to take a ride in a Mooney and meet some Mooney people.

[PDC ™]

Man, I cannot decide whether to average down or see how low she goes.

[jmhollen]

Thanks for the input..........

John

[renshen1]

News for 'MASG' - (Mooney Airplane Company Signs 30-Year Low-Cost Lease
With Airport in Kerrville, Texas)


KERRVILLE, Texas, Mar 1, 2004 (BUSINESS WIRE) -- Mooney Airplane Company,
wholly owned subsidiary of Mooney Aerospace Group Ltd. (OTCBB:MASG), has
entered
into a new lease for its buildings and land in Kerrville, Texas. Mooney,
the
City of Kerrville, the Kerr County Commission and the Kerrville Airport
Authority have been negotiating for several months according to Mooney
President, J. Nelson Happy. "The new lease will be effective for 30 years
and
adds considerable stability to Mooney's operation. Our old leases were
fragmented, covered too much land and only had nine years left to go. We
were
reluctant to make investments in the physical plant without a long-term
lease.
The new lease rate is only $1,434 per month for the first 10 years, about
2.5
cents per square foot, then escalates to about $3,263 per month for the
next
10-year term. The final 10-year term will be at $6,527 per month. This is
very
reasonable rent, and Mooney retains title to all of our buildings and
fixtures
for the entire 30-year term," according to Happy. The base rent escalates
annually based on the CPI.

The terms of the new agreement reduced Mooney's leased acreage from 51
acres to
the 17 acres the company actually uses. "This will drastically cut our tax
burden and eliminate the need for Mooney to maintain several old
deteriorated
buildings. We are keeping a right of first refusal on the surplus property
for
10 years just in case we need it, but I don't foresee any possibility that
we
will need more than our core 17 acres," Happy stated.

Kerr County Judge Pat Tinley described the lease as a win-win situation
for
everybody. "I think this is a great step, frankly," he said. "The
cooperation
between all the entities showed a lot of good communication."

"We were very pleased by the efforts of Kerrville City Manager Ron
Patterson and
Airport Manager David Pierce who worked long and hard to make this new
lease
happen," Happy observed. "In fact Mayor Stephen Fine and the entire City
Council
and County Commission worked efficiently to expedite this new lease."

Sam Rothman, Mooney's board chairman, commented: "We were gratified by the
support we received from the Kerrville governmental units. They worked
hard to
make a fair deal for all, and we think the new lease will help maintain
and
increase value for our shareholders. Another important factor for Mooney
was
that our $5 million USDA insured loan required us to have a 30-year lease
in
place by March 31, 2004. This new lease fulfills that condition, and also
provides considerable long-term savings for Mooney. Another plus is that
land
surplus to us can now be leased to other tenants at the airport, which
should
stimulate airport development which is also good for Mooney."

About Mooney Airplane Company

Mooney Airplane Company, a wholly owned subsidiary of Mooney Aerospace
Group
Ltd., is a general aviation holding company, located in Kerrville, Texas.
Mooney
currently sells five models: the highest performing four-place single
engine
piston powered aircraft, the Bravo DX, which is available with the Garmin
G-1000
glass panel display as the GX; and its stablemates, the highly rated
Ovation2 DX
and GX, and the economical Ovation. Mooney is celebrating its 51st
anniversary
in Kerrville, Texas, this year, where it has manufactured more than 10,000
aircraft, which have been delivered worldwide. Complete information about
Mooney
aircraft is available at www.mooney.com.

This press release contains forward-looking statements within the meaning
of The
Private Securities Litigation Reform Act of 1995 (the "Act"). In
particular,
when used in the preceding discussion, the words "plan," "confident that,"
"believe," "scheduled," "expect" or "intend to," and similar conditional
expressions are intended to identify forward-looking statements within the
meaning of the Act and are subject to the safe harbor created by the Act.
Such
statements are subject to certain risks and uncertainties and actual
results
could differ materially from those expressed in any of the forward-looking
statements. Such risks and uncertainties include, but are not limited to,
market
conditions, the availability of components and successful production of
the
Company's products, general acceptance of the Company's products and
technologies, competitive factors, timing and other risks described in the
Company's SEC reports and filings.

SOURCE: Mooney Airplane Company



CONTACT: Mooney Airplane Company, Kerrville

Terry Freeman, 830-792-2935

[jmhollen]

Per J. Nelson, MASG has no further relationship with Subway.

There may be some self-interested third party funding them, though. If you just ignore Subway, you're probably better off.

Pennies can be fun, once you learn how to deal with them. Getting in MASG at this point is certainly no big gamble.

O/T: Take a look at WTAI and UIBI. Good technology in each case, both on the mend, the former has cleaned house, and the latter has always had a good crew.

Good luck,

John

[richme]

Most of the Subways of the world are given huge sums of shares not to protray a stock honestly but to hype the H... out of it. It is no accident that each is rewarded for glowing reports. A few honest ones would stop the hype business from going their way.

I left MASG while my shares were worth something.

My experience with penny stocks has not been good for the reasons mentioned above. Most of them sell something here and there but never offset the cost of sales and hefty salaries and compensation for company officers and other close associates. Can't get ahead if your revenue is outpaced substantially by expenditures, and mind you I am not even sure that most of these companies are not in the throes of death spiral financing.

poorme

[jmhollen]

Mooney's Renowned Safest, Fastest Single-Engine Piston Airplane Now Offers Garmin's Glass Panel

KERRVILLE, Texas, Feb 11, 2004 /PRNewswire via COMTEX/ -- Mooney Airplane Company, wholly owned subsidiary of Mooney Aerospace Group, Ltd., (OTC Bulletin Board: MASG) has announced that it will offer the Garmin (Nasdaq: GRMN) G1000 all-glass integrated avionics system on the new Ovation2 GX and Bravo GX models beginning in the third quarter of 2004. The Certification Program is now underway and is expected to be complete by mid-summer. In the same announcement, Mooney also indicated it will continue to feature the current technology panel as standard on the current Ovation2 DX and Bravo DX models.

Commenting on the announcement, President Nelson Happy said, "Our basic strategy regarding any kind of modification or equipment change to the Mooney aircraft product line is to listen to our owners and to the marketplace in general before we implement anything. We do not make changes to our product unless we know that the change is right, that it represents a substantive improvement in the airplane and that it provides added value to our customers."

"As far as the glass flightdeck is concerned, this is a project that we have been working on for two years. We compared and evaluated all potential competitive products and reached the conclusion that the Garmin G1000 was the right product for us and for our customers. The announcement we are making now is the result of years of work and thousands of hours of engineering effort," continued Happy.

Nicolas Chabbert, Mooney's Executive Vice President of Marketing and Sales, stated: "We are extremely excited about our ability to offer the best of both worlds in panel technology. The DX technology panel retains a reliable, accurate and proven presentation of data for the classic sense of flying. The GX Glass flightdeck, with its large screen displays and digital presentation of data, will meet all the requirements of the new generation of flying enthusiasts for whom the very latest in technology is a must. The G1000 is the most advanced flightdeck package available in a single engine piston aircraft today. It integrates all primary flight, navigation, communication, terrain, traffic, weather and engine data on two large 10.4 inch high resolution, glass, displays. The system will ease pilot workload and offers a new level of situational awareness during all phases of flight."

Chabbert continued, "We strongly feel that by offering both the DX and GX models, we have not only listened to our current Mooney owners but have made a strategic product decision that will benefit future Mooney owners."

Mooney Aerospace Group, Ltd. is a general aviation holding company that owns Mooney Airplane Company, located in Kerrville, Texas. Complete information about Mooney aircraft is available at www.Mooney.com.

This press release contains forward-looking statements within the meaning of The Private securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confidant that," "believe," "schedule," "expect," or "intend to," and similar conditional expressions are subject to the safe harbor created by the Act.

Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.

Contact:
Nicolas Chabbert
830-896-6000
Patrick M. Rost, PMR and Associates, LLC
858-350-0409

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE Mooney Airplane Company

Nicolas Chabbert, Mooney Airplane Company, [phone]; or
Patrick M. Rost, PMR and Associates, LLC, [phone]

[jmhollen]

Mooney Airplane Company Announces Two New Aircraft Models; Ovation2 GX and Bravo GX Incorporate the Latest Avionics from Garmin

KERRVILLE, Texas, Feb 10, 2004 (BUSINESS WIRE) -- Mooney Airplane Company, wholly owned subsidiary of Mooney Aerospace Group Ltd. (OTCBB:MASG), has announced that it will offer the Garmin (Nasdaq:GRMN) G1000 all-glass integrated avionics system on the new Ovation2 GX and Bravo GX models beginning in the third quarter of 2004. The Certification Program is now underway and is expected to be complete by mid-summer. In the same announcement, Mooney also indicated it will continue to feature the current technology panel as standard on the current Ovation2 DX and Bravo DX models.

Commenting on the announcement, President Nelson Happy said, "Our basic strategy regarding any kind of modification or equipment change to the Mooney aircraft product line is to listen to our owners and to the marketplace in general before we implement anything. We do not make changes to our product unless we know that the change is right, that it represents a substantive improvement in the airplane and that it provides added value to our customers.

As far as the glass flightdeck is concerned, this is a project that we have been working on for two years. We compared and evaluated all potential competitive products and reached the conclusion that the Garmin G1000 was the right product for us and for our customers. The announcement we are making now is the result of years of work and thousands of hours of engineering effort."

Nicolas Chabbert, Mooney's Executive Vice President of Marketing and Sales, stated: "We are extremely excited about our ability to offer the best of both worlds in panel technology. The DX technology panel retains a reliable, accurate and proven presentation of data for the classic sense of flying. The GX Glass flightdeck, with its large screen displays and digital presentation of data, will meet all the requirements of the new generation of flying enthusiasts for whom the very latest in technology is a must. The G1000 is the most advanced flightdeck package available in a single engine piston aircraft today. It integrates all primary flight, navigation, communication, terrain, traffic, weather and engine data on two large 10.4 inch high resolution, glass, displays. The system will ease pilot workload and offers a new level of situational awareness during all phases of flight."

Chabbert continued, "We strongly feel that by offering both the DX and GX models, we have not only listened to our current Mooney owners but have made a strategic product decision that will benefit future Mooney owners."

Mooney Aerospace Group Ltd is a general aviation holding company that owns Mooney Airplane Company, located in Kerrville, Texas. Money currently sells three models; the highest performing four-place single engine piston powered aircraft, the Bravo DX, and its stablemates, the highly rated Ovation2 DX, and the economical Ovation. Mooney recently celebrated its 50th Anniversary in Kerrville, Texas where it has manufactured more than 10,000 aircraft that have been delivered worldwide. Complete information about Mooney aircraft is available at www.Mooney.com.

Garmin International Inc. is a member of the Garmin Ltd. (Nasdaq:GRMN) group of companies, which designs and manufactures navigation, communication and information devices -- most of which are enabled by GPS technology. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. GARMIN is a registered trademark, and G1000 is a trademark of Garmin Ltd. or its subsidiaries.

This press release contains forward-looking statements within the meaning of The Private securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confidant that," "believe," "schedule," "expect," or "intend to," and similar conditional expressions are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.

SOURCE: Mooney Airplane Company

Mooney Airplane Company, Kerrville
Nicolas Chabbert, 830-896-6000
or
PMR and Associates LLC
Patrick M. Rost, 858-350-0409

[jmhollen]

Mooney Goes with the Garmin(R) G1000(TM) All-Glass Flightdeck

OLATHE, Kan., Feb 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today announced that Mooney Airplane Co., a wholly-owned subsidiary of Mooney Aerospace Group Ltd. (OTC Bulletin Board: MASG), has selected Garmin's G1000 integrated avionics system for its Ovation2 GX and Bravo GX models. Both aircraft will boast a 10.4-inch primary flight display (PFD) and 10.4-inch multi-function display (MFD).

"Mooney pilots have been flying with Garmin GNS 430/530 avionics for several years now and we're delighted to build upon that heritage to provide a uniquely integrated cockpit system on new Mooney aircraft," said Gary Kelley, Garmin's director of marketing. "The G1000 will give Ovation2 GX and Bravo GX pilots the big picture on flight management, weather, terrain and traffic on two large color LCDs."

The G1000 integrates all primary flight, navigation, communication, engine, and sensor data on the dual 10.4-inch, XGA high-resolution (1,024x768- pixel) displays with superior sunlight readability. The physical architecture of the G1000 system lends itself to easy installation and service. The digitally integrated design of the avionics is also expandable, making it possible to add new technologies and capabilities, as they become available. Installations of the G1000 on Mooney Ovation2 GX and Bravo GX aircraft will include the following system components and features:

-- Digital audio control panel with integrated marker beacon and
clearance playback capability
-- Dual integrated radio modules that provide IFR oceanic-approved GPS;
VHF navigation with ILS; and VHF communication with 16-watt
transceivers and 8.33-kHz channel spacing
-- Mode-S transponder with Traffic Information Service (TIS)
-- Advanced solid-state Attitude and Heading Reference System (AHRS)
with rapid alignment whether on the ground or in the air
-- Digital air data computer
-- Worldwide terrain database depicting topographic information and
relative terrain
-- XM Satellite Radio receiver, featuring full-color, graphical weather
information via digital data link and 101 channels of CD-quality
audio (availability: 4Q04 in U.S. models only)

"The GX flightdeck system, with its dual large-screen displays and digital presentation of data, will meet all the requirements of today's Mooney aircraft owners for whom the very latest in technology is a must," said Nicolas Chabbert, Mooney's executive vice president of marketing and sales. "The G1000 is the most advanced flightdeck package available on a single- engine piston aircraft and it will ease pilot workload and provide a new level of situational awareness during all phases of flight."

The certification program on the Mooney Ovation2 GX and Bravo GX is currently underway and Mooney expects to begin delivery of G1000-equipped aircraft in the third quarter of 2004.

Garmin International Inc. is a member of the Garmin Ltd. (Nasdaq: GRMN) group of companies, which designs and manufactures navigation, communication and information devices -- most of which are enabled by GPS technology. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. GARMIN is a registered trademark, and G1000 is a trademark of Garmin Ltd. or its subsidiaries.

Mooney Aerospace Group Ltd. is a general aviation holding company that owns Mooney Airplane Co., located in Kerrville, Texas. Mooney currently sells three models: the highest performing four-place single engine piston powered aircraft, the Bravo DX, and its stablemates, the highly rated Ovation2 DX and the economical Ovation. Mooney recently celebrated its 50th Anniversary in Kerrville, Texas, where it has manufactured more than 10,000 aircraft that have been delivered worldwide. Complete information about Mooney aircraft is available at www.mooney.com .

Notice on forward-looking statements:

This release includes projections and other forward-looking statements regarding Garmin Ltd. and its business. Any statements regarding the company's expected product certifications and product deliveries are forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of risk factors affecting Garmin, including (but not limited to) Federal Aviation Administration product certification delays and the risk factors described in the Annual Report on Form 10-K for the year ended December 28, 2002 filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin's Form 10-K can be downloaded from www.garmin.com/aboutGarmin/invRelations/finReports.html .

SOURCE Garmin International Inc.

Pete Brumbaugh or Ted Gartner, both of Garmin International
Inc., [phone], [e-mail]

http://www.garmin.com

[jmhollen]

J. Nelson and crew are doing a good job.

John

[jmhollen]

Well, just keep 'em in your Tomorrow Sock for a year or so, and the results could be pretty nifty.

IF you have that kind of spare change to throw around, you ought to scoop up a couple of million shares of QBID. It's being pumped like a SOB right now, and 0.0018 could get you 0.0035 or better in short order. It's a POS, but if they manage to launch their programming on the 20th (..and we've hear that many time before..) it could get real exciting.

On the more serious side you ought to look at MAMH also, women's health related - and a Toshach pick.

John

[Bruce A Thompson]

JM

I just got off the phone with IR at the factory. The Service Line they opened in January was a resounding success. It did over $300K in it's first month.

Mooney owners have been faced with a choice of paying a private company A&E or A&P to do annuals and MOHs. They can now fly to the factory and tour the plant and see the local sites while factory mechanics do these and to do alterations and renovations. Bottom line is that is high profit income and should see $3-5MM added to the top line this first year. Mooney owners are going for it big time.

The stock is an absolute steal here with the 10K to be out by the end of the month. I predict a huge year for stockholders.

BT

[Bruce A Thompson]

Hi JM

Just wanteed to drop a note. Been watching Mooneys and rode in a few since the '50s. I had no idea you could buy shares for two cents. Just bought a half million of them.

BT

[RevDew1]

John:
Thanks, I always get cold feet when I do a play with more money thsn I'm use to. Whats really scarring me is if I allow the order for more shares to go through I won't be able to say I'm Joe Freaking Lightning and exit on those shares if the reports bad! Mondays shares would be unsettled!
I have to get ready for work. My weekend starts on Sunday!
Thanks for all the help, will talk to you later!
Dew

[jmhollen]

Sorry, I have no RECO for you on MASG. You need to call J. Nelson and feel him out. He's a stand-up guy, and the product is faultless - that's the best I can tell you.

John

[RevDew1]

John:
I'm starting to get cold feet. Do you think I sould play MASG so heavy or not?
Dew

[jmhollen]

Probably works similarly, but - good luck.

John

[RevDew1]

I'm using http://www.mozilla.org/
though.
Dew

[jmhollen]

If you have, you should be able to fire up your PC, click on IE's favorites, click on _Stock Boards, click on iHub (..if you edit the text appropriately,..) and kaaaZAP you'll be in you iHub Favorites List and ready to go.

John

[RevDew1]

Thats pretty neat. I hope I'm doing it right!
Dew

[jmhollen]

Each of the links I gave you is a Board.

Go there, and in the area below the iBox or below a message click on "..Add to Favorites.." or "..Add Boardmak.." as the case may be.

Then go to your Favorites list (..see blue bar top of screen..).

Save your iHub Favorites list to your Browsers "Favorites" file. I keep mine under a subFolder called "_Stock Boards", where I also keep my SI, Agora, StockHouse and RB links. If you are logged in, you can then return to iHub logged in and your "..iHub Favorites.." list will show you all the new posts to your selected boards - and specific posts to you in the blue bar MailBox (*).

John

[RevDew1]

What and how do you do that. I'm not use to this board although it is pretty neat the way it works!
QBID closed at 0.0014 I doubt if I could get in at.

[jmhollen]

O/T: You need to Boardmark this discussion, all of the talented and hot penny players hang out there: http://www.investorshub.com/boards/board.asp?board_id=1505

http://www.investorshub.com/boards/board.asp?board_id=1143 , http://www.investorshub.com/boards/board.asp?board_id=1971 & http://www.investorshub.com/boards/board.asp?board_id=2199 are a must, also.

John

[RevDew1]

If I keep hearing about QBID, I just might try chasing one more time. I think every penny message board has to be talking about QBID. Plus it would save me alot of time looking up a future hot one.
Dew

[jmhollen]

O/T: I have some. And, I may jump in and out occasionally depending on which way the wind blows.

[RevDew1]

I hope youu had a ton of shares!
Dew

[jmhollen]

O/T: +100% two days in a row, PR & Announcement rumors for Monday-Tuesday, and new "..Launch.." rumors for the 20th.

It's a giggle a minute, aye.

John

[RevDew1]

John:
I usually lose when I chase!
Last I heard QBID rose 100% the other day.
I'll go look at the chart. I do have a little money in my trading direct accont. (Only $200.00)
Thats not a bad idea about taking a little off that one though!
I could use a good fast trade!
What other one besides QBID have you been watching? I like to get them before they head up. I've lost every time I ever tried chasing! Thanks for the idea!
Dew

[jmhollen]

No problem, Rev,

You could still do your "..33,000.." thing on Monday, and use the balance to ride the QBID wave for a few days.

QBID is a roaring wack-O POS, but it's doubled two days in a row on the huge pump being run on RavingBullschmidt. I have a friend with 15MM shares, so he made a paper gain in excess of $20K today.

Everybody needs to have some fun and chuckles during the week, aye.

John

[RevDew1]

John:
Thanks! A little shocked to see the price drop, but usually they do drop before they shoot. Doesn't look like a very nice downward flag though. I throw an order in for 34851 more shares. I was going to use the money for a quick day trade, but I still get a good feeling from MASG. Thanks for answering my question so fast. If I don't get a chance to chat with you then have a great weekend. Take care!
Dew

[jmhollen]

Hi Rev,

The previous people who ran MASG and it's predecessor hired those yayhoo's at Subway to pump the stock. I shared my POV about that with J. Nelson early on, and he said they were going to terminate their contract - or at least weren't going to send them any more money for their services = same thing.

I don't post any Subway fluff, but I did get two pump-o-grams from them today on MASG. So somebody may know something, or may be front running it. At these prices, I don't see how you could go far wrong betting on the Come, though. I take absolutley no responsibility whatsoever for the results, (+) or (-).

Riverboat Casino Money only at this juncture, aye. The one thing you cannot fault about Mooney is their product and their service; it's one of the very best piston-driven birds in the sky.

John

[RevDew1]

John:
I read this on another board. Do you think they are going to come out with the report then? Also, whats your guess will it be good or bad?
I'd like to pick up another 33000 shares! I know you won't say thats a great idea or its not a great idea, but your guess on the report would give me a direction. If its a bad report which I doubt O can always say I'm Joe Freaking Lightning and do a fast sell. I appreciate your thoughts on this. Thanks!
DD

Based on historical evidence Mooney Aerospace is expected to report their quarterly earnings on Monday, February 9, 2004.
Mooney Airplane Company Reports over $300,000 in Service Center Revenue for January 2004

WEDNESDAY, FEBRU

[RevDew1]

FLYING IDEA:
John, I was thinking you can fly to Wisconsin this summer for some MAJOR Water-Sking and then give me a ride in your plane!
Just kidding, Not about sking, but the plane ride. I have to run go get ready for work! PS, watch ncvm today might inch up a little more there as news on it again. Have a GREAT DAY!
DD

[jmhollen]

Mooney Airplane Company Reports over $300,000 in Service Center Revenue for January 2004

KERRVILLE, Texas, Feb 4, 2004 (BUSINESS WIRE) -- Mooney Airplane Co., wholly owned subsidiary of Mooney Aerospace Group, Ltd., (OTCBB:MASG) announced today that in the first month of 2004 the company's revenue from its service center business was over $300,000. Providing general maintenance services and more extensive repair work will clearly be a focus for increasing high margin revenues for the company. Quality service is the foundation of customer loyalty, the benchmark of the customer satisfaction. Mooney is striving to excel in this arena.

Mooney president J. Nelson Happy commented: "I think that Mooney's results so far this year in our service center business reflects a trend which should continue for the rest of the year. Its success shows our commitment to serve our loyal customer base. With thousands of Mooneys in operation, we think we can capture an increasing volume of business. Mooney's service center can do major repairs with the assurance of factory quality."

Todd Bates, Mooney's Senior Manager of Customer Service, remarked: "This dramatic increase in service center revenues is the direct result of a coordinated team effort and commitment to excellence by our customer service personnel. This customer support initiative is the opening phase of our increased commitment to this important aspect of our business. We are further developing our customer support program by expanding our service capabilities. The service center is adding a factory refurbishment program for pre-owned Mooney Aircraft. This program includes new paint, interior, avionic upgrades and airframe modifications."

Mooney Aerospace Group, Ltd. is a general aviation holding company that owns Mooney Airplane Co., located in Kerrville, Texas. Mooney currently sells three models; the highest performing four-place single engine piston powered aircraft, the Bravo DX, and its stablemates, the highly rated Ovation2 DX, and the economical Ovation. Over more than 50 years Mooney has built over 10,000 airplanes that have been delivered worldwide from its plant in Kerrville, Texas. Complete information about Mooney aircraft is available at www.Mooney.com. (http://www.Mooney.com).

SOURCE: Mooney Aerospace Group, Ltd.

Mooney Airplane Company, Kerrville
Todd Bates, 830-792-2067
www.Mooney.com

[jmhollen]

Mooneys are definitely a fine bird.

They go like stink (200+/-) while barely sipping fuel, and they land like a Piper Cub. The "..yuk-yuk.." among pilots and owners, due to the rather snug aerodynamic cabin, is that "...you don't fly a Mooney, you wear it...".

You should find a dealer near you, and see if you can't beg a ride some Saturday morning. You'll really enjoy it.

John

[RevDew1]

John:
Thanks alot for your feelings on being a great air craft.
I was wondering how good they were.
Here is the latest news I have on Mooney, not good enough to shot it into the big time, but encouraging!
Thanks again!
DD

Mooney Airplane Company Reports over $300,000 in Service Center Revenue for January 2004
via COMTEX

February 4, 2004

KERRVILLE, Texas, Feb 4, 2004 (BUSINESS WIRE) --

Mooney Airplane Co., wholly owned subsidiary of Mooney Aerospace Group, Ltd., (OTCBB:MASG) announced today that in the first month of 2004 the company's revenue from its service center business was over $300,000. Providing general maintenance services and more extensive repair work will clearly be a focus for increasing high margin revenues for the company. Quality service is the foundation of customer loyalty, the benchmark of the customer satisfaction. Mooney is striving to excel in this arena.

Mooney president J. Nelson Happy commented: 'I think that Mooney's results so far this year in our service center business reflects a trend which should continue for the rest of the year. Its success shows our commitment to serve our loyal customer base. With thousands of Mooneys in operation, we think we can capture an increasing volume of business. Mooney's service center can do major repairs with the assurance of factory quality.'

Todd Bates, Mooney's Senior Manager of Customer Service, remarked: 'This dramatic increase in service center revenues is the direct result of a coordinated team effort and commitment to excellence by our customer service personnel. This customer support initiative is the opening phase of our increased commitment to this important aspect of our business. We are further developing our customer support program by expanding our service capabilities. The service center is adding a factory refurbishment program for pre-owned Mooney Aircraft. This program includes new paint, interior, avionic upgrades and airframe modifications.'

Mooney Aerospace Group, Ltd. is a general aviation holding company that owns Mooney Airplane Co., located in Kerrville, Texas. Mooney currently sells three models; the highest performing four-place single engine piston powered aircraft, the Bravo DX, and its stablemates, the highly rated Ovation2 DX, and the economical Ovation. Over more than 50 years Mooney has built over 10,000 airplanes that have been delivered worldwide from its plant in Kerrville, Texas. Complete information about Mooney aircraft is available at www.Mooney.com. (http://www.Mooney.com).

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the 'Act'). In particular, when used in the preceding discussion, the words 'plan,''confidant that,''believe,''scheduled,''expect,'or 'intend to,'and similar conditional expressions are intended to identify forward looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.

SOURCE: Mooney Aerospace Group, Ltd.

Mooney Airplane Company, Kerrville Todd Bates, 830-792-2067 www.Mooney.com

Customize your Business Wire news &multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.

[jmhollen]

I don't pay much attention to the FutureSuperSlug P&D rags, unless I'm into a SPEC play on a hot penny.

My conversations with J. Nelson and crew lead me to believe that they aren't into the PR blast or Pimp-pump routine. Some third parties could always be running a game, but it really doesn't interest me with MASG.

Mooney is a damn fine aircraft and I'd love to own another one. The TOXO looks like a real winner also, as I could park one in my front yard and take off on the road in front of my home. Fast and nimble for short hops is righteously cool.

Good luck with your interests, but you might like to work in some Free Shares to keep for the long haul.

John

[RevDew1]

You've probably read this already.
I have to go look up some quick stocks after I get done. Take care!
DD
Financial Relations Inc: HotStockChat.com Reports on Stocks of Interest and Stocks on the Move on the OTCBB for January 27, 2004

via COMTEX

Jan 27, 2004 11:45:00 AM

Virginia Beach, VA, Jan 27, 2004 (M2 PRESSWIRE via COMTEX) --

HotStockChat.com's morning scans of moving stocks on the OTCBB and Pink Sheets revealed a moderate list of stocks on the move today. Volume is moderate on the OTCBB today.

Among Stocks of interest today, OrderPro Logistics (OTCBB: OPLO) is up another .025 this morning to .26 on a little over a million shares traded. An interview with Jeff Smuda, President and COO is available at HotStockChat.com. Datalogic International Inc. (OTCBB: DLGI) has reached another 52 week high today. SkyWay Communications Holding Corp. (OTCBB: SWYC) is on day 5 of a move that has taken the stock from .23 to a high of .81 today. Mooney Aerospace Group (OTCBB: MASG) has broken from a short base this morning. The stock is up 29% to .0265. And Video Without Boundaries, Inc. (OTCBB: VDWB) was a .30 stock last week and has hit a high of .70 so far today.

These stocks and many more will be discussed by Kurt Schemers, Host of TradersNation.com and Co-host Tom Allinder of HotStockChat.com on the Traders Nation Radio Show at http://www.tradersnation.com/radio.shtml aired at 11:00AM EST every weekday morning. The entire list of stocks mentioned during the show can be seen at http://www.hotstockchat.com shortly after the end of the radio show.

Today's Statistics for the OTCBB as of 10:30AM EDT are as follows: Advancing Issues: 465 Declining Issues: 410 Unchanged Issues: 271 New Highs/New Lows: 42/6 Total Volume: 393,182,176

About HotStockChat.com

HotStockChat.com is a media and information site dealing with the OTCBB, Pink Sheets, AMEX and NASDAQ stock markets. HotStockChat.com's newly updated site includes a page on availability of trading shells at http://www.hotstockchat.com/shells.htm and an online store. HotStockChat.com also produces quality and timely audio content that is unique and offers market participants and investors a different look at the markets. Audio interviews are regularly conducted with company officials as well as individuals associated with the stock markets. Market statistics and updates on individual stocks of interest are transmitted to HotStockChat.com subscribers daily via email and are posted at the web site at http://www.hotstockchat.com by early afternoon each weekday.

HotStockChat.com also assists publicly traded companies by providing consulting services and a variety of financing options. HotStockChat.com also assists privately owned companies with financing through reverse mergers.

About TradersNation.com

TradersNation.com is a leader in the small cap community for providing syndicators and Website visitors current market trend commentary and delivering that content via an audio program produced 'LIVE'Daily. Outside markets are also covered with breaking news and interviews of newsmakers. Traders Nation is currently syndicated online with 100 sites carrying the program. Traders Nation is available through an embedded link titled 'Radio'via the Media button in the financial software, Quotestream, that when clicked will transport the end user to a pre-determined webpage hosted by TradersNation.com and can also be heard on RagingBull.com and other Lycos family sites with an average visitor rate of 500,000+ a month. Additionally, TradersNation.com is offering archived interviews at their web site at http://www.tradersnation.com/store.shtml

The above news release may contain forward-looking statements and/or announcements. The list of stocks on HotStockChat.com's 'scans'and 'stocks of interest'are for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities of the companies listed in this news release or on the web site at http://www.hotstockchat.com.

HotStockChat.com is a services and advertising company only. HotStockChat.com is not a licensed broker, broker dealer, market marker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing any stock of any company listed in news releases, interviewed and/or profiled at http://www.hotstockchat.com. HotStockChat.com features interviews and profiles of publicly traded companies. In most cases we are compensated for the services rendered by a third party on behalf of the company. In the case of OrderPro Logistics mentioned in the body of this news release, HotStockChat.com was compensated 50,000 free trading shares from a third party for the interview and Company Background Information. We have sold 50,000 shares to date. More information is available on our disclaimer page at http://www.hotstockchat.com/disclaimer.htm. HotStockChat.com generally has no position in any company mentioned in this daily news release. However, HotStockChat.com's principles and associates may have bought or may buy the shares of stocks that we profile/interview or list in news releases and may profit in the event those shares rise in value. At this time, HotStockChat.com owns no position in any company mentioned in this news release.

HotStockChat.com received no compensation from any third party of company to mention any other company in this news release. HotStockChat.com regularly updates our disclaimer page and will post how many shares sold of any given stock that we have profiled or interviewed. Additionally, HotStockChat.com will not offer any opinion as to when others should sell; each investor must make that decision based on their own due diligence of the company.

CONTACT: Tom Allinder, HotStockChat.com Tel: [phone] e-mail: [e-mail] WWW: http://www.hotstockchat.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [e-mail].
(C)1994-2004 M2 COMMUNICATIONS LTD