Thursday, July 07, 2011 3:29:49 PM
AAVG Write up and DD.
Updated SS as of 7/6/2011
Share Structure
Market Value1 $615,733 a/o Jul 06, 2011
Shares Outstanding 279,878,524 a/o Jul 06, 2011
Float 210,285,246 a/o Jul 06, 2011
Authorized Shares 500,000,000 a/o Jul 06, 2011
Par Value 0.001
http://www.otcmarkets.com/stock/AAVG/company-info
TA will not release SS information but Henry Schulle is IR and he is very open and is the one that updated SS at my request. Seriously.
AvStar Aviation Group, Inc. Releases Revenue Results for First Half of 2011
Press Release Source: AvStar Aviation Group, Inc. On Friday July 1, 2011, 9:15 am EDT
HOUSTON, July 1, 2011 /PRNewswire/ -- AvStar Aviation Group, Inc. (AvStar) (OTCQB: AAVG) today announced that its wholly owned subsidiary Twin Air Calypso Limited, Inc. has received revenues in the first half of 2011 that exceeded the corresponding period of 2010 by 30%. Revenue for the period ending 6/30/2011 was $1,225,000 compared to $890,000 for the same period in 2010. This level of revenue was not realized in 2010 until September. The results were due in large part to the company increasing carrying capacity, but also to increased equipment reliability and operational upgrades.
"This revenue increase is a tribute to a great job done by our staff. Their dedication to this company is incredible and bodes well for the future. We are in a good position going into the low season of late summer and fall. During this time we will continue to refurbish aircraft and ready ourselves for the high season of 2011-2012," said Clayton Gamber, CEO of AvStar Aviation Group, Inc.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8024227
Here is the most recent 10Q Lengthy but very good information.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7939183
Only negative I can see is that under old CEO they issued some Convertible notes. Based on what I can tell all but 2 notes have converted and absorbed into the market in the last year. This is covered in the 10Q
The company just reported $1M in revenue and has secured new conv financing with no need of any further equity financing under new CEO.
Pretty impressive. Looks like the notes kept this one down because TA would release info but IR has been responsive and I've talked with him at least 5 times.
Chart is looking pretty solid for a bottom IMO.
Per last PR , we should see another PR very soon.
Basically
500M AS
200 OS
Open IR willing to answer emails and is working on investor relations campaign as we speak.
$1M in revs for first quarter.
I see loads of potential coming off the bottom.
AAVG - Daily Candlesticks
Updated SS as of 7/6/2011
Share Structure
Market Value1 $615,733 a/o Jul 06, 2011
Shares Outstanding 279,878,524 a/o Jul 06, 2011
Float 210,285,246 a/o Jul 06, 2011
Authorized Shares 500,000,000 a/o Jul 06, 2011
Par Value 0.001
http://www.otcmarkets.com/stock/AAVG/company-info
TA will not release SS information but Henry Schulle is IR and he is very open and is the one that updated SS at my request. Seriously.
AvStar Aviation Group, Inc. Releases Revenue Results for First Half of 2011
Press Release Source: AvStar Aviation Group, Inc. On Friday July 1, 2011, 9:15 am EDT
HOUSTON, July 1, 2011 /PRNewswire/ -- AvStar Aviation Group, Inc. (AvStar) (OTCQB: AAVG) today announced that its wholly owned subsidiary Twin Air Calypso Limited, Inc. has received revenues in the first half of 2011 that exceeded the corresponding period of 2010 by 30%. Revenue for the period ending 6/30/2011 was $1,225,000 compared to $890,000 for the same period in 2010. This level of revenue was not realized in 2010 until September. The results were due in large part to the company increasing carrying capacity, but also to increased equipment reliability and operational upgrades.
"This revenue increase is a tribute to a great job done by our staff. Their dedication to this company is incredible and bodes well for the future. We are in a good position going into the low season of late summer and fall. During this time we will continue to refurbish aircraft and ready ourselves for the high season of 2011-2012," said Clayton Gamber, CEO of AvStar Aviation Group, Inc.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8024227
Here is the most recent 10Q Lengthy but very good information.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7939183
Only negative I can see is that under old CEO they issued some Convertible notes. Based on what I can tell all but 2 notes have converted and absorbed into the market in the last year. This is covered in the 10Q
The company just reported $1M in revenue and has secured new conv financing with no need of any further equity financing under new CEO.
Pretty impressive. Looks like the notes kept this one down because TA would release info but IR has been responsive and I've talked with him at least 5 times.
Chart is looking pretty solid for a bottom IMO.
Per last PR , we should see another PR very soon.
Basically
500M AS
200 OS
Open IR willing to answer emails and is working on investor relations campaign as we speak.
$1M in revs for first quarter.
I see loads of potential coming off the bottom.
AAVG - Daily Candlesticks
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