Global Aircraft Solutions (fka GACFQ)

[Murray]

GACFQ – DD compilation:

Thanks to everyone who pulled this DD together in the first place, I just wanted to get it all together in one post as it seems many are missing the big picture here!! The value of the information here in my opinion is priceless and pointing towards a company with substantial potential from these levels. The DD below shows the companies BK has been dismissed, they are moving forward with a business plan that includes attending International Society of Transport Aircraft Trading
2011, airline maintenance and sales along with a number of public job postings on craigslist, monster and their own website. Put it all together and the Q could be pulled off at any point now, new employees coming in the door with revenue generating action items.

Here is some new information that I dug up comparing the entities of GACFQ to the rest of the airline maintenance companies in AZ:

Hamilton Aerospace Technologies Inc:
http://www.bizcompare.com/companies/company-info/Aircraft-Maintenance/Hamilton-Aerospace-Technologies-Inc_31293

World Jet Corporation:
http://www.bizcompare.com/companies/company-info/Aircraft-Maintenance/World-Jet-Corporation_24683

With the sales numbers from these two reports we are looking at an annual value of $50 to $105 million just from the maint side of the business!!

New website published and updated on pinksheets, (3/29/11)

Looks like this was recently updated on pinksheets where it redirects old site to new one

http://www.hamaerotech.com/

BK status DD compilation which determines it has been dismissed,
A.> According to pacer this company is no longer in BK. It was dismissed.

GLOBAL AIRCRAFT SOLUTIONS, INC. (pla) azbke 4:10-ap-00127 01/21/2010 11/10/2010 Dismissed or Settled Without Entry of Judgment
B.> Pacer doc of dismissal:


One South Church Avenue, Suite 700
Tucson, Arizona 85701-1611
Rob Charles, State Bar No. 007359
Direct Dial: [phone]
Direct Fax: [phone]
E-mail: [e-mail]
Stefan M. Palys, State Bar No. 024752
Direct Dial: [phone]
Direct Fax: [phone]
E-mail: [e-mail]
Attorneys for Frank T. Hundley, Chapter 11 Trustee
UNITED STATES BANKRUPTCY COURT
DISTRICT OF ARIZONA
In re:
GLOBAL AIRCRAFT SOLUTIONS,
INC.,
Debtor.
Chapter 11
Case No. 4:09-bk-01655-JMM
GLOBAL AIRCRAFT SOLUTIONS,
INC.,
Plaintiff,
vs.
CMS AIRCRAFT SUPPORT GROUP,
INC.
Defendant.
Adversary Case No.: 4:10-ap-00127
JOINT STIPULATION TO DISMISS
WITH PREJUDICE
Global Aircraft Solutions, Inc. (“Global”) and CMS Aircraft Support Group, Inc.
(“CMS” and collectively with Global the “Parties”) have reached an agreement to settle
this case.1 Based on that agreement, the Parties hereby stipulate to dismiss this case
pursuant to Bankruptcy Rule 7041 and Fed. R. Civ. P. 41. Because this stipulation of
dismissal is signed by all parties who have appeared in this case, this stipulation is
effective to dismiss the case without further action by the Court. See Bankr. R. 7041
(incorporating Fed. R. Civ. P. 41) and Fed. R. Civ. P. 41(a)(1)(A)(ii) (dismissal is effective
without a Court order where it is signed by all parties who have appeared in a case).
1 Neither the terms of Global’s confirmed Chapter 11 plan nor the Bankruptcy Code or
CaseR u4l:e1s0 -raeqpu-0ir0e1 t2h7is-J CMoMur t ’ sD aopcp 1ro2v a lF fioler dth 0is8 /s1e2tt/l1e0m e nEtn. tered 08/12/10 09:51:20 Desc
Main Document Page 1 of 2
C.> "VACATED: PER PLAINTIFF, THE PARTIES HAVE REACHED A STIPULATION"
D.> Important fact: Not one pacer filing or any other filing has given authority to cancel shares. Now out of BK what can they do? I'm sure they are smart enough to know this and they have plans for the common.

Potential Revenue Makers for GACFQ,

Aircraft Parts Market To Reach $122B By 2015

http://avstop.com/feb_2011/global_aircraft_engines_and_parts_market_to_reach_122_billion_by_2015.htm
3/3/11 Ascent Aviation signs contract with AerSale

Thursday, March 3, 2011
Ascent Aviation Services signed a contract for an undisclosed value with AerSale, for heavy maintenance and refurbishment work on one B737-400, MSN 24493.

http://www.avitrader.com/default.aspx?/press/view.aspx?id=14607&mainFrame&/_news
Past Global/Hamilton Customers:

Notable Hamilton customers include United Parcel ServiceUnited Parcel Service, Inc. (NYSE: UPS), commonly referred to as UPS, Goodrich Corporation, DHL Worldwide Express, Pegasus Aviation

http://www.thefreelibrary.com/Renegade+Venture+Subsidiary+Hamilton+Aerospace+Provides+Maintenance...-a0132130500
Ascent Attending ISTAT 2011:

International Society of Transport Aircraft Trading

R. RICK TOWNSEND ASCENT AVIATION SERVICES UNITED STATES
DAVID QUERIO ASCENT AVIATION SERVICES CORP. UNITED STATES
Ascent More Business From 12/10:

•Matthews Aviation Consultants LLC, TN purchased an ex-United 737-300 (23947) with Mountain Capital Partners LLC for teardown at Ascent Aviation, Tucson AZ

http://matthewsaviation.com/news.html

Public Job Postings showing companies forward progression,

ASCENT AVIATION JOBS @ CRAIGSLIST

http://tucson.craigslist.org/search/?areaID=57&subAreaID=&query=ascent&catAbb=jjj
ASCENT AVIATION JOBS @ MONSTER.COM

http://jobview.monster.com/Avionics-Lead-Boeing-Equip-A-P-Lic-Job-Tucson-AZ-US-97507973.aspx?from=simplyhired

Hiring!
Ascent Definately Hiring (Now):

3/4/11 Avionics Lead - Boeing Equip - A&P Lic

Ascent Aviation Services Corp.(Tucson, Arizona)

http://jobview.monster.com/getjob.aspx?JobID=97507973&WT.mc_n=FDJD