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Last Post: 11/9/2017 9:15:48 AM - Followers: 135 - Board type: Free - Posts Today: 0

 




 

NEIK1
                     AVIATION - DEFENSE - MARINE
 
NEIK IS NOW CURRENT!
SHARE HOLDER UPDATE REVEALS BIG DEALS IN THE WORKS

 

NEIK2


 
Dear Shareholders,
 
As you are aware, we are taking Northstar in a new direction, one in which the
Company is making and selling its own systems rather than being a contract
manufacturer. We are now expanding into the growing aviation manufacturing and
distribution industry, which is an excellent fit for the talent pool in and around the
company.
 
The Company became the majority owner of a newly formed company, Northstar
Sealand Enterprises Ltd. (NSEL), in early 2015 and, since then, NSEL has
constituted the operational side of Northstar.
 
We at Northstar and NSEL have set corporate goals for 2016 which we believe are
realistic and accretive in revenue creation.
 
A high priority for Northstar is to become current with its 1933 Act reporting
requirements with the Securities and Exchange Commission (SEC). Our goal for
2016 Q1 is to complete the financial statements in arrears, file with the US SEC
EDGAR Filing Division and return to the OTCQB trading platform.
 
We believe that in 2016 Q1/Q2, NSEL should complete negotiations with an
international aerospace company and sign an agreement for the rights to a single
engine turboprop commercial aircraft. This plane has an excellent performance
history and new enhancements are now being implemented. With the agreement
signed, NSEL plans to initiate production and roll out a marketing program aimed
at introducing the new version of the plane in the world marketplace

Northstar has been actively pursuing a capital raise to be utilized for its own public
company activities and for NSEL's operational needs. Our goal for 2016 Q1/Q2 is
to use these funds to support, amongst other activities, the development of NSEL's
corporate Quality Infrastructure.

In 2016 Q2, NSEL goals are to sign joint marketing agreements and appoint
domestic and international sales representatives. The sales representatives and the
NSEL executive team will work aggressively to make sales presentations to
qualified end-user prospects with the goal of closing our first order.
 
In 2016 Q3/Q4, NSEL expects the international aerospace company to complete
the enhancements of the prototype aircraft and to complete the overseas
certification & test fly a prototype of the aircraft. Concurrently, NSEL plans to
make significant progress toward North American certification. Our goal, in this
period, is to ship the first aircraft to the end-user.

Another goal of the NSEL sales
team is to close an order for a second aircraft to be delivered in 2016 Q3/Q4.
In 2016 Q4, Northstar has the goal to raise additional working capital for
investment in infrastructure and production transition to North America from
overseas.
 
2016 looks to be a year when Northstar Electronics, Inc. establishes itself as a
solid, progressive company. In 2017, we expect to build on our 2016 efforts and
achieve significant sales growth. In the longer term, Northstar, through NSEL,
aims to become an international leader in the turboprop single engine
manufacturing, marketing, sales, and MRO (Maintenance, Repair and Overhaul)
business.
 
Your continued shareholder support is greatly appreciated as we move towards the
production of new advanced aircraft which will have the capabilities to make it a
success in the world of fire-fighting and agriculture.
Best Regards,
Wilson Russell, Ph.D.
Chairman/CEO/President


The Ibox is under construction and will be updated once Northstar's websites are completed. 
In the mean time, check out the current information as of January 15, 2016.


Email received, January 14, 2016, from Bob Patterson, Manager of Marketing and Sales of Northstar Sealand Enterprises Ltd:

Thank you for your interest in NEIK.
 
I can confirm that we are working to get current with the SEC and to return to the OTCQB asap, and are making good progress with that.  We have engaged a new auditor who is busy completing financials for submission.
 
We are working towards signing an agreement with an international aerospace company to acquire the Type Certificate and tooling to allow us to start manufacturing a Canadian turboprop commercial aircraft for the world market.
The team has been working on this for over 14 months, doing everything from market surveys and marketing plans, to supply chain inquiries and factory visits, leading to drafting of a final agreement.  We making good progress there, as well.
 
Our efforts are aimed at doing whatever we can to rebuild the Company so it can have both a solid foundation and a vibrant future.
 
We posted updates to both websites yesterday afternoon.
New websites for Northstar Electronics and Northstar Sealand Enterprises Ltd. are in progress, and will be posted once all agreements are in place and we can proceed with marketing.
We are bound by NDA's, until all contract details are final, unfortunately.  While we are very close to completing this 14 month-long task, it might take another month or two to get all the paperwork in place.
 
I am copying Mr. Russell on this as he will likely be pleased to send you more information on our current private placement offering, perhaps after an NDA ...  or a telephone conversation.
 
This is certainly an exciting opportunity, and I hope you will join us in the investment !
 
Bob Patterson
Bobp@NSLAero.com
http://www.nslaero.com
 
Robert Patterson,
Manager - Marketing and Sales,
Northstar Sealand Enterprises Ltd.,
22 Baronwood Ct.,
Brampton, ON  L6V 3H6




Who is Bob Patterson for those that have been involved with NEIK:

Patterson AeroSales 
September 2008 – Present (7 years 5 months) 
Web: www.PattersonAeroSales.com 
Looking to expand into new product lines, now that we are no longer exclusive to Murphy Aircraft. 
We have new Sales Advisors ready to start in 3 countries, in addition to the 2 we have 
worked with for 8 years. Interested in hearing from LSA manufacturers. 

Have been approached to handle Sales & Marketing for a new built-in-Canada certified singleengine commercial turboprop. We will be working with Northstar Electronics Inc. (Northstarelectronics.com), a partner in Northstar Sealand Enterprises Ltd. (NSLAero.com). 
(This is also an investment opportunity- next round $10MM !) 
Currently doing market analysis, and researching customer purchase financing, fleet leasing, group insurance, etc. for the light turboprop market in North America. 
Authorized to start sales on August 10th, 2015. Have already expanded the NSL web site and started contacting prospects. We welcome offers of financing, leasing service, insurance, & expressions of interest in the aircraft. (Email: bobp @ nslaero.com ) ... remove spaces ... 
Now scheduling demo flights for 2016 season.


 



Current SEC Filings

Mailing Address 2020 GENERAL BOOTH BLVDUNIT 230VIRGINIA BEACH VA 23451
Business Address 2020 GENERAL BOOTH BLVDUNIT 230VIRGINIA BEACH VA 23451 647-286-4594
NORTHSTAR ELECTRONICS INC CIK#: 0001082027

SIC: 3663 - RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
State location:
VA | State of Inc.: DE | Fiscal Year End: 1231
(Assistant Director Office: 11)

 

http://www.sec.gov/cgi-bin/browse-edgar?company=northstar+electronics&owner=exclude&action=getcompany
 




Share Structure
Authorized Common Shares: 37,628,159
Authorized Preferred Shares: 43,143,688


Total Shares as of January 12, 2016: 80,771,847 


SHARE INFORMATION
Authorized Shares
-Preferred Shares      20,000,000
-Common Shares     100,000,000

 Issued and Outstanding
-Preferred Shares           522,336
-Common Shares       62,002,824

Estimated Float          34,000,000

Transfer Agent
Jason M. Bogutski - President 
Signature Stock Transfer, Inc. 
2632 Coachlight Court 
Plano, Texas 75093 
Telephone 972.612.4120

More about Northstar
Northstar 
Electronics, Inc., along with Sealand Aviation Ltd., has created a jointly owned company, Northstar Sealand Enterprises Ltd. The new company was set up to pursue opportunities in the aviation business, specifically to assemble, certify, manufacture, service, repair, overhaul, market and sell modern turboprop one engine commercial airplanes under license from an original equipment manufacturer. 
The company is incorporated in Canada and located in Vancouver, British Columbia. Northstar Electronics,Inc. owns sixty percent (60%) of the shares in the new company and SealandAviation Ltd. owns forty percent (40%) of the shares. 

Northstar Electronics, Inc. ("Company") is currently working on a potential arrangement with a subsidiary of an European aerospace company to assemble, co-manufacture and market a single engine turbo-prop airplane for commercial applications. To support these endeavours, the Company is attempting to raise funds through a private placement. 

Northstar Electronics’s joint venture company with Sealand Aviation, Northstar Sealand Enterprises Ltd. (NSEL) , is working to secure licence/distributor agreements with an Original Equipment Manufacturer (OEM) to assemble, certify, manufacture, service, repair, and market a new version of a turboprop single engine airplane for the North & Central American, and other markets. The airplane is used in multi-purpose commercial applications in a growing market

Since the last update, progress has been made, and we are currently working towards completing financial and contractual arrangements. Additional market areas recently gained should add considerably to our potential sales. 

We are continuing our market research and planning new sales strategies to generate orders from the multiple new markets. Letters of expression of interest in the new aircraft have been received from prospective customers. 

We are planning flight demonstrations for next year, with first deliveries expected in late summer 2016. 

Work is progressing on Northstar’s intent to become current with its SEC reporting in as short a time frame as possible. 
As we stated previously, once we achieve our objectives, we believe that our share price will respond favorably and that it could reach a reasonable and stable price range. 

Northstar is currently raising funds through a Convertible Preferred Share Private Placement. The funds are intended to be used to complete the work required to become current with the Company’s SEC filings, to return to the OTCQB trading platform, and for working capital for the current phase of our planned new aviation business. 

Northstar has a long history of developing and manufacturing defense and commercial electronic and mechanical systems. The company is now being restructured to go forward with a renewed focus on the development of a new aviation business and carry out work to develop innovative sonar systems. In addition to a small number of internal personnel, 


Northstar's new business model utilizes outside expert associates to ensure that we have world class talent working on our projects. 


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NEIK News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 11/15/2017 10:53:45 AM
NEIK News: Quarterly Report (10-q) 08/21/2017 05:32:50 PM
NEIK News: Current Report Filing (8-k) 08/17/2017 02:33:10 PM
NEIK News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/15/2017 03:23:12 PM
PostSubject
#8160  Sticky Note NEIK Prepares for Start of Final Agreement Negotiations Natural Trader 09/23/17 06:58:25 PM
#8200   Nice find hotdawg 11/09/17 09:15:48 AM
#8199   I wish there was some actual "progress" reported ChuckBits 11/08/17 12:23:42 PM
#8198   $NEIK Progress Update on Deal With Major Aerospace jedijazz 11/08/17 11:12:43 AM
#8197   It’s interesting because in the latest PR Dr. Krony 11/06/17 09:21:24 AM
#8196   "T trades" are trades that occurred during the ChuckBits 11/05/17 07:09:58 PM
#8195   Does that mean the price will go down xstream 11/05/17 03:28:24 PM
#8194   VNDM was sitting on the ask with their Krony 11/04/17 08:52:39 PM
#8193   Majority of the volume was reported as a ChuckBits 11/04/17 07:24:08 PM
#8192   Any idea on why the volume was so big? xstream 11/04/17 04:50:22 PM
#8191   It's all good. One day all could come together. b4ucry 11/01/17 03:15:05 PM
#8190   They are being quiet about it. hotdawg 11/01/17 02:36:04 PM
#8189   Yep someone is loading everyday. NEIK b4ucry 11/01/17 10:05:00 AM
#8188   Very quiet buying by someone here last few Krony 10/27/17 03:57:01 PM
#8187   How'd that buying go today? ChuckBits 10/26/17 07:20:37 PM
#8186   I'm Going to buy 100K shares today Target 200% AugustaFriends 10/26/17 10:50:15 AM
#8185   Thoughts on the news release: xstream 10/25/17 03:08:22 PM
#8184   someone grabbing a few today. NEIK b4ucry 10/25/17 01:17:18 PM
#8183   Sure i do. I am actually in the b4ucry 10/25/17 10:14:13 AM
#8182   Does anyone still believe in this?? nodoubtatall 10/25/17 09:49:12 AM
#8181   Just stating it's going to take longer and b4ucry 10/25/17 09:44:55 AM
#8180   news out Natural Trader 10/25/17 09:15:26 AM
#8179   $NEIK News Northstar Electronics, Inc. (NEIK) Progress Update jedijazz 10/25/17 09:12:27 AM
#8178   I could always take one for the team. b4ucry 10/18/17 08:30:16 PM
#8177   I am running out of years! nathanial 10/18/17 07:52:59 PM
#8176   I have mine locked up in the safe hotdawg 10/17/17 04:03:19 PM
#8175   Call Mr. Russell and he will help you. b4ucry 10/17/17 03:51:27 PM
#8174   Ok Mr. gloomm and doom we need some hotdawg 10/17/17 03:45:00 PM
#8173   Well guess we wait some more. Maybe next year. b4ucry 10/17/17 01:49:56 PM
#8172   Just waiting. It will be more than worth Krony 10/16/17 10:47:53 AM
#8171   Any thoughts?? xstream 10/15/17 08:09:54 PM
#8170   Two things: xstream 10/08/17 04:31:14 PM
#8169   The longer that NEIK can continue the negotiations, Pat 10/06/17 05:06:56 PM
#8168   From CEO Dr. Wilson Russell: Krony 10/06/17 03:47:19 PM
#8167   Still have mine....and waiting!! nathanial 10/04/17 08:49:09 AM
#8166   I agree. In a blink of an eye xstream 10/03/17 07:10:14 PM
#8165   once the news hit buckle up Natural Trader 10/03/17 04:43:58 PM
#8164   holding here news soon imo Natural Trader 10/03/17 01:35:01 PM
#8163   NEIK $30mill deal is close Just 10k to .0219 westwich 10/03/17 01:34:03 PM
#8162   I'm still waiting also. hotdawg 10/03/17 10:51:34 AM
#8161   I know as soon as i sell NEIK b4ucry 10/03/17 09:51:48 AM
#8160   NEIK Prepares for Start of Final Agreement Negotiations Natural Trader 09/23/17 06:58:25 PM
#8159   I hope it happens. I have been looking hotdawg 09/19/17 09:45:12 AM
#8158   ceo is 100% confident things will start rolling soon Natural Trader 09/19/17 09:39:12 AM
#8157   If they expect to get the proto type hotdawg 09/19/17 09:37:23 AM
#8156   Great stuff! Krony 09/19/17 07:57:30 AM
#8155   I think we should see the final agreement Natural Trader 09/18/17 11:05:27 PM
#8154   Nice find Natural hotdawg 09/18/17 08:31:40 PM
#8153   My point precisely. Expect more of the Pat 09/18/17 05:43:24 PM
#8152   It's already fluctuated the past few years! nathanial 09/18/17 05:36:59 PM
#8151   I think the share price will fluctuate between Pat 09/18/17 05:34:28 PM
PostSubject