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thanks molee, at least now I am in a better position to explain to my wife. Happy Holidays and a better 2014 to you.
This type of financial action is very risky to achieve the associated vehicle sales and this action is definitely relevant to what could happen to the GM balance sheet in the not-so-distant future, especially with apparent long-term weakness in the domestic and world economies.
Thanks for the post. This is not good news, but it definitely is important news.
Automotive News had an article recently about Chrysler cranking up activity in the sub prime markets but do not remember anything being said about GM or Ford.
Thanks NASCOW,
The importance of what is happening and the significance associated with what is happening will have a wide range of affects going forward.
Again, thank you for this important communication.
Well, this represents some action. At this time action is better than no action.
Thanks Acey! This is the best news we have had around here for a long time.
You said it right: "He needs to get involved in the process of having the lock removed."
I would like to see the freeze lifted.
Not much volume but the direction is encouraging.
My preference is Fire Ant Research. This method permits plenty of time for them to consider why they are there.
The board has been quiet lately. Maybe it is because:
1) the stock price has gone to nothing,
2) the Corporation seems to no longer care about shareholders,
3) the scammers have defrauded the shareholders,
4) the Corporation does not seem to care about being raped by the scammers and
5) the SEC and their regulatory & law enforcement colleagues do not seem to be proactive in locking up the scammers.
Maybe we have run out of disaster scenarios.
Just tell them that you will be right over to pick up the certified check.
Since BEDA has "decided to accept these shares as part of its issued and outstanding shares" BEDA stock value will be negatively affected forever. BEDA and all who currently hold BEDA stock have been financially affected by "these additional shares".
A Class Action Lawsuit on behalf of shareholders certainly seems like a viable discussion topic. Maybe not against BEDA but definitley against all parties who engaged in moving "these additional shares" into the portfolios of the shareholders.
It sounds like the Iceberg that bumped the Titanic [or maybe it was the other way around] might of started to melt. This is certainly some news in the right direction.
I've got some shares also.
Are you going to be able to exercise the plane this weekend? There does not appear to be any seriously disturbed weather in your part of the country right now.
IFR Pilot Reporting as requested.
I've got around 800 hours with the Avidyne Integra 5000 and think that it is somewhere between tremendous and spectacular especially since it is available in General Aviation. It does take time to learn and keeping yourself current is something that is done on every flight. Glad that you are pleased with the system. Are you going to attend the upcoming COPA Migration 8?
PIREP Avidyne R9
I had the opportunity to fly a SR22 fitted with the Avidyne R9 this weekend. If you fly serious IFR and have an extra $100K then you should consider the R9.
This system is rock solid in keeping the pilot informed about what is happening while permitting easy, intuitive, and comfortable changes in your approach execution.
It would take a day or two with a CFI to really work through the changes with the R9. However, after an hour or two you would feel comfortable with the basic transition.
The system has a keyboard and an intelligent interface. R9 eliminates a lot of button pushing by bringing some foundation computer intelligence to the decision making. R9 integrates the panel and has enough logic to reduce pilot workload and improve situational awareness, especially in IFR conditions.
Here is link to their website for details. http://www.avidyne.com/products/release-9/index.asp
Two trades at 11:04 AM of 5000 shares each at .0013 so 5000 x .0013 = $6.50
You are really on target about gross weight, price and adding Cessna 150-152's. The 150-152's are probably the least expensive birds and continued expenses to keep airworthy are minimal. If the FAA really-really wanted to help out the pilot then moving the category up, as you have defined, would change the total "landscape" on the topic.
Aviation has never been a budget sport for most people. I do remember, as a graduate student 30+ years ago, paying $12 per hour WET to rent our flying clubs Grumman AA1. Great Memories!
Precisely! -- This is very significant for all pilots, especially aging or physically challenged, who qualify.
Mariner, as I understand it, if you have a Valid Medical Certificate and permanently transition to Light Sport you are "good to go" with Light Sport as long as you have a valid Driver's License. You never have to take another FAA Medical Examination. If you are Rejected during a routine medical examination, then you are Not Eligible to transition to Light Sport. To get to Light Sport you would need to get that FAA Medical back.
Therefore, if a pilot has any concern about Light Sport Eligibility and passing the standard FAA Medical check then they need to think long and hard about the consequences.
Closer to home, I do not have all the answers but have followed this topic by reading various materials and talking to other pilots also considering this aviation option. Personally speaking, I am in physical and mental shape to pass the medical. However, all facets of issues associated with Medical Certificates, FAA general & specific flight regulations, and Light Sport are significant topics. Bottom line, is that if the FAA takes the Medical Certificate then the pilot becomes a Kiwi. Aviation Legend Bob Hoover has had his medical revoked and then reinstated, thoroughly reported in the press, and it took the FAA Administrator to over-rule the FAA Bureaucracy for Bob to get that medical back.
As for the fellow without a 1) medical, 2) license, and 3) instrument rating [which he was likely not current] he should not be flying. This pilot going into Class B O'Hare with an emergency fuel situation sounds like a situation where high-octane fuel is put onto the FAA fire. This is definitely not in the same category as the May 2005 event with the Cessna 150 over Washington, DC but this situation draws unnecessary attention to the pilot and General Aviation.
Most Class B airspace and airports are a place that Private Pilots would like to avoid if possible. Such things as procedures, high costs, and big iron are not necessarily friendly. Just speaking for myself, if I had to go into and out of a Class B airport it would definitely be on an IFR Flight Plan. I'm a VFR pilot only in places that I'm comfortable with. Operating IFR, even in CAVU conditions, reduces your probability of having to deal with FAA Interaction and paperwork that no pilot wants to deal with.
Fly Safe
Mariner,
The thing I really like about this tecnolgy is that it should be very reliable. Being an "older pilot" but by no means anywhere close to the "real old pilot" group, the idea of light sport means that keeping a current FAA Medical is not required. Speed is certainly not as great as Monk's SR22 but it is still pretty good all things considered.
Guess that if this thing were produced in a consumer product version it would probably cost far more than many-many times cost of fuel required for any of the aircraft and powered devices we have discussed on the Forum.
Bob
In a Light Sport version this really has some major market implications. Thanks for the post.
Congratulations, welcome back. Hope that it was a great trip.
Good decision!
This is a beautiful piece of history. I understand it is not uncommon to be "mobbed" when showing up with one of these ... as related by a friend who has one!
Zero G training aircraft, affectionately known as the Vomit Comet based at Space Coast Regional Airport in Titusville KTIX. To sign up here is their web link http://www.gozerog.com
When .0016 falls then PPS will really start to go up!
BEDA PPS and technicals are starting to take off.
You are sure right about today's technicals on GOIG.
Is the bird WAAS equipped? I always like to set up an instrument approach even with VFR or pilot discretion maneuvering in IFR. It helps to keep me current on "button pushing" and provides an extra level of situational awareness.
Here's another good one -- Keep the Blue Side Up -- from a retired Naval Commander and Eastern Airlines Pilot. When in the Navy he was picking up astronauts after splashdown.
Here is an interesting article in this morning's news about upcoming first flight for the new 747-8 which will be flown for the first time soon http://www.wired.com/autopia/2010/02/we-fly-boeings-new-747-8-part-2/
Another literary recommendation is the book Free Flight by James Fallows. Jim documents how the Cirrus evolved from concept to production reality. This is a great read and addresses foundation issues associated with Technically Advanced Aircraft or TAA.
Glad you successfully dealt with the crosswinds. Going around and practice make for an excellent pilot education.
How was the trip? Looks like you made a good decision for the trip in advance of the wet weather.
Excellent Question Taken A Little Further -- iHub L2 does work and I use it. However, there are other L2 Systems and it would be great to know functional cost of the other systems and key benefits associated with each system. This information would establish a solid basis to make an informed decision.
WTCG stock price increased 80% today. Does anyone have information to substantiate the gain?
Awesome IBox with Message, Appearance, and Professionalism. The Logo Graphic is absolutely astounding.