PAOS @ .035 ULTIMATE DD , MUST READ BELOW 1) PAOS is a fully SEC filler, Audited, OTCQB company http://www.otcmarkets.com/stock/PAOS/company-info 2)
PAOS (Precision Aerospace Components Inc.) is a provider of quality aerospace components. The Company's vision is to build a leading aerospace component, fabrication and service business. Management plans to grow the company through a combination of product line expansions and strategic acquisitions. Precision Aerospace Components' first acquisition was Freundlich Supply Company Inc., located in New York. Freundlich Supply is a well known distributor in the North America aerospace fastener industry.
Since 1940, Freundlich Supply Company has provided high-performance fasteners to the aerospace industry. We stock over 7,000 SKUs in our state-of-the-art, 18,000 square foot distribution facility.
Our service commitment assures that products are shipped when promised, usually from stock and always to industry specification with material certifications. http://www.fresupco.com/ http://www.precisionaerospacecomponents.com/
************************************************ THE COMPANY HAS THESE CERTIFICATION ISO 9001:2000 Certificate of Registration
AS 9100:2004 Certificate of Registration
MATERIAL CERTIFICATIONS http://www.fresupco.com/
************************************************ 3) Share structure O/S 2.8 million as of Sept 30, 2011 Float app. 1 million
A/S 100 million As of Sept 30, 2011 Market Value $57,302 a/o Jan 10, 2012
Shareholders of Record 231
a/o Mar 15, 2011 4) Financial statement most recent Q3, 2012
Revenue (Q3) 1, 944, 195 dollars
Gross Profit (Q3) 642,423 dollars Net Profit (Q3) 79,398 dollars
Earning Per share(Q3) 3 cents
(just Q3, lol share price 3.5 cents) Cash and cash equivalents(Q3) 480,947 dollars
look at market value, it is a joke Market Value $57,302 a/o Jan 10, 2012 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8235339 5) THE COMPANY HAS NO NOTES TO SELL, LOL, NO DILUTION HERE
3. LONG-TERM DEBT AND LINE OF CREDIT The Company had no long term debt as of September 30, 2011 and December 31, 2010.
PAGE 5 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8235339 6) PAOS biggest customer is USA defense department (PENTAGON)
The Company's operations are presently carried out through its wholly-owned Freundlich Supply Company, Inc. (“Freundlich”) subsidiary. The Company is also introducing a locking washer (“Tiger – Tight”), for which it has exclusive North American distribution rights.
Tiger-Tight washers are used in demanding vibration applications and the Company believes they have significant advantages in comparison to competitive products. Tiger - Tight washers are now available and under evaluation by several major US corporations.
The Company, through its Freundlich subsidiary, is a stocking distributor of aerospace quality fasteners. Freundlich distributes high-quality, predominantly domestically-manufactured nut products that are used primarily for aerospace and military applications and for industrial/commercial applications that require a high level of certified and assured quality.
The Company’s products are manufactured, by others, to exacting specifications and are made from raw material that provides strength and reliability required for aerospace applications. Freundlich is a niche player in the North American aerospace fastener industry. The fastener distribution industry is highly fragmented with no single company holding a dominant position. Freundlich currently focuses on the distribution of aerospace quality nut products, serving as an authorized stocking distributor for the premier nut manufacturers in the United States.
Freundlich competes with numerous distributors who serve as authorized stocking distributors for the fastener manufacturers in Freundlich’s supplier base.
Product list : stock items http://www.fresupco.com/stock_items.html
Freundlich is a one-stop source for standard, self-locking, semi-special and special nuts manufactured to several military, aerospace and equivalent specifications. Freundlich maintains an inventory of approximately 6,000 SKUs comprised of approximately 20 million parts of premium quality, brand name nut products.
Freundlich sells its products to original equipment manufacturers, repair facilities, and other distributors in the aerospace industry and directly to the United States Department of Defense.
Freundlich sells its products pursuant to written purchase orders from its customers. All products are shipped from Freundlich’s warehouse in Staten Island, New York via common carrier. During this quarter, sales to the Department of Defense represented approximately 38% of our total sales.
For the year to date, sales to the Department of Defense represented approximately 35% of our total sales. Last year for the same quarter our sales to the Department of Defense represented approximately 58% percent of our total sales and for the year to date our sales to the Department of Defense represented approximately 55% percent of our total sales.
No other customer accounts or accounted for more than 10% of our sales.
PAGE 7,8 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8235339 8) PAOS CEO was Deputy Assistant Secretary of the Navy
Mr. Andrew Steven Prince, MBA, JD has been the Chief Executive Officer and President of Precision Aerospace Components, Inc. since January 18, 2007. Mr. Prince has been Chief Executive Officer and President of public and private companies and Managing Member and Chief Operating Officer of a private equity fund, Managing Member of investment banking and consulting firms and a Senior Government Official. Mr. Prince has been principal of Prince Strategic Group LC since last five years, a strategic advisory and merchant-banking group. He served as Principal Financial Officer of Precision Aerospace Components, Inc. Mr. Prince served as Chief Executive Officer and President of Solar Satellite Communications, Inc. from December 7, 2001 to April 10, 2002. He was a manager of venture capital funds and investment banking and consulting firms. Mr. Prince also served as Deputy Assistant Secretary of the Navy. He was responsible for the worldwide Defense Department's sea-lift logistics operations and the other operations of the Military Sealift Command.
He is a retired Naval Reserve Captain whose responsibilities included two years as the Commanding Officer of a Submarine Support facility. Mr. Prince also was an attorney with a major Wall Street law firm and is admitted to practice before New York state courts, Federal courts, and the United States Supreme Court. He has been a Director of Solar Satellite Communications, Inc. since December 7, 2001 and Precision Aerospace Components, Inc. since January 18, 2007. He serves as a Director of Gibbs & Cox, Inc. Mr. Prince serves as Member of Advisory Board for Technology of National Capital Companies, LLC. He served as a Director of Arkados Group, Inc. (formerly, CDKNet.Com Inc.) from June 1, 2004 to June 1, 2006. Mr. Prince is a graduate of the United States Naval Academy, earning his B.S. degree in Mathematics and Physics, the United States Naval Submarine School and the Naval Nuclear Power Program. He received his J.D. and M.B.A. degrees from the Harvard Law School and Harvard Business School respectively. http://investing.businessweek.com/research/stocks/people/person.asp?personId=10114659&ticker=PAOS:US 9) other Management team and adresses
Andrew S. Prince (President and CEO)
Board of Directors
Alexander Kreger (Chairman)
Robert I. Adler
Donald Barger, Jr. (Secretary) http://www.precisionaerospacecomponents.com/management.html 10) CONTACT ADRESS
2200 Arthur Kill Road
Staten Island NY 10309
Toll Free: 800-221-0260
FSCO@fresupco.com THE BOOK VALUE OF THIS COMPANY 1.25 DOLLARS..
THIS IS UNDERVALUED RARE TO FIND ON THIS PENNYLAND