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Like I said. In print!
Well done.
So was July 2015 I was told on the phone we passed then in Nov we found out tangled faulty slide. Let's see in print
Not surprised market needs progress in print not we know whats coming hope
You should care about the 8 points they are valid concerns. Know what's coming..... heard that before many times, lets see if this time it executes. Life if Canada is great, real estate booming
Investor sentiment has changed.Longs shouldn't be upset at bears who share their opinion of what they see or lack of progress in print. They should turn their focus on no news from the company re funding etc etc. Want the bears to go away, easy let them read progress in print from the company. If I read in print re funding re compliance re how it will affect current shareholders....then I will buy again if that news is favourable. This is a message board its open for discussion both bull and bear views. It wouldnt be a very good discussion if it were all rosy and not real now would it.
Alot of things have been happening because someone was told for years. There is always something happening, lets see this time if alot of things are happening executes into specific progress in print. Material facts needed.
Ak posted about bid support, well said, if a market sell order goes in with very little bid support then you will see it trade as it did yesterday. Good thing is the bounce back to half a cent. No bid support speaks to low buy interest. To get high buy interest imo is for the company to share with us in print their plan re the plane, re the debt from 2016, re compliance, re the increase in float to almost 9.5 billion, etc etc
The post re the director appointment is very positive. I like the fact when a company builds a strong team for success its the starting line of the race. It's in print great. As for calling the company to speak to someone who works for the company, no thxs I have been through that before.
The float has increased per latest 8k to 9,442,175,250 I can find it anywhere the reasons why. Who got shares and for what?
Did you forget about the outstanding $500,000 loan from 2016? No news yet on that one too.
Not being negative just being real, need answers to these and other legitimate concerns.
Re the 24 month up front payment.
Personally, the only reason Kalitta would demand this up front is to protect themselves from Blta against a monthly non payment. In high default risk credit situations in my industry, private lenders request all interest up front or do not fund. I have yet to read in print progress or the plan on this front and how that plan might affect current shareholders, 5 weeks or so to go. Let's see what happens
The letter of intent to lease a plane I think was signed in December, correct me if I am wrong. They had plenty of time from Dec to May to secure the lease and show off the plane at the meeting which would have been great to see in the hanger. I am sure most investors perceived the plane would be there for the meeting, after all why hold the meeting in a hanger, I personally have not read in print anything that shows me progress to lead me to believe the plane will be there July 31. I also remember reading a post that they would take delivery in April. Didn't happen. So yes I am sure they are working on it but working on it and it actually happening are two different things. It's 5 weeks away or 6 months from the intial letter of intent, why is it taking so long. Very interested to see their plan to come up with the 24 month up front payment. Let's see what happens..
If I get answers in print to the 8 points I made a few months back not hopes and dreams, in print, and those answers are positive, I will be buying alot of shares. But will not buy the pipedream I did that a few years ago prior to mini 7 and got hosed. It's great to see a new company new vision etc but alot of my concerns remain unanswered.
Disagree normal business practice is to at minimum hit or exceed the goal. I dont know any business that has a celebration at 75 percent of the goal. Oh well, almost guys...
I am a realist. Need accomplishments in print to buy and bring out the horns :)
Well to me, that is a sign of weakness. As someone put it 2 big boys are buying 70 percent of the offering, if true that would equate to $700,000. The open market then bought the remaining $22000. Judging by what we heard by the rah rah camp even if none were bought by the big boys it would still be a disappointment, this was the most opportunistic time to get in as I read on the boards before the shareholders big show! After the meeting 5 cents bet on it :( So if the market gave only 22k and including the 2 major players 722k, what is their plan to get funds so to get the plane and beyond. To raise 722k in a few months time is pathetic and it speaks to market demand. I am very interested in their plan. Let's see what it is to proceed.
C'mon you have to be kidding. Your telling me that they couldnt use the 280k shortfall. Their plan was to raise $1 million for a purpose. They didnt get it.
Let's see if they pull through on that. I am thinking they may not. What is the plan to raise the funds needed in order to get the plane up front payment and how will it affect current shareholders? They had ample time to raise 1 million but couldnt do that. What makes one think they will raise millions?Nothing yet in print.
Where are the funds going to come from for the upfront lease payment? Too many uncertainties for me. On the sidelines for now.
9,442,175,250 per latest 8k isn't that an increase since November 2016? Who received those shares and for what?
Maybe the chart guys Dr Pennystock and Claytrader can provide us with their analysis.
Anyone know if that $1 million is sold out? If not, whats the plan to raise millions needed moving forward? How will they make it irresistible for investors to raise funds? Lets see what happens
I have been watching this closely. I was expecting the $1 mill offering would have been sold out as I read 2 big investors were planning in buying 35 percent each or $700k out of the $1 mill offering. In print under $800k was reported sold. What a disappointment, under $100k was bought by public in 3 months. In the meantime, no plan on how to raise funds for lease, on going fixed overhead etc. I have come to my own conclusion that offering shares for market value will not be good enough strategy to raise millions. I think I will buy again when the company announces the need for funds and what that offering is, it must be attractive to draw interest. My 2 cts
Since Feb I thought it would be sold out. I would like to see actual facts re how to come up with millions reqd to get the plane etc
I am threw with talking by phone to people. I need it in print for accountability. But thxs Robo
Good post. I wont be fooled again by hype. I was fooled in July 2015 before and after mini 7. Before it was 99.99 % all kinks worked out, after it was we passed just with regional for sign off. $250,000 I had riding on hype of posters who were in the know, had boots on the ground etc. Never again! Now, I need answers today to the 8 points I made last month before I buy not someone saying you will get answers in a few weeks or months that is not in print from the company but on a message board. If so will the answers be favourable? Not hope and dreams and because someone said....
Your right, as I said before....when you raise expectations too high before the shareholders meeting, this is what happens. Lets see if time passes and if no news is announced it will most likely trough lower as investors get impatient. On the other hand, if I get answers and they are positive I will be buying large amounts. My concern is those answers if positive should have been shared at the meeting.
Good point new path, lets see how it unfolds
New website looks great, direction sounds exciting, but the market needs answers as to how will staff get paid, is the outstanding loan paid, what is the price of the new issue and how many offered, rs, how will they raise funds to start the cert process and how much, why the 24 mth up front lease payment and where to get the funds etc etc and how will these concerns affect current shareholders. If and when these concerns are answered the stock may hover in this range. There is no reason for me to buy now until I see further details on the above.
Lets see what the next in print announcement is from the company. My bet is it will be in need of funds announcement and or rs. Let see
The rs was filed. Its coming. I dont believe words I believe print.
Kalitta up front 24 month payment speaks to them not trusting payments will be made on the usual monthly basis. I recently funded a 2nd mortgage where the income was a concern for me that clients may not be able to make a monthly payment. I too asked for 1 yr in interest only up front.
Wow and we have a market cap of $60 million not certified.
The preferred share offering concerns me very much. They need a ton of money moving forward. Just look how long it took them to sell that $1 million with 2 guys buying 70% so I read. It took them awhile to sell the other 30% or $300,000 and I didnt read anywhere in print that is sold out. No filing. Personally, I think the new issue preferred must be very attractive to investors to raise millions. I really hope they are not looking at the same old strategies used in the past 50% of current market. They may not have a choice. Lets see what happens.
I did call them many times prior to mini 7 in July 2015, I had $250,000 riding on that 99.99 % we passed but just need regional to sign off. In my calls it was never disclosed to me that one slide was faulty and never opened properly, I read that in November 2015 through print. So calls over the phone really mean nothing to me, print is accountable, one on one phone calls dont mean much.
Yesterdays shareholders meeting analysis.
It was exciting to watch the video yesterday afternoon, its great to hear the intros, see the media there, new company etc.
I was hoping to get some answers though on the following but never did.
1. What happened to the $600,000 loan
2. Did they sell out the $1 million offering
3. What was the reason the plane was not at the meeting as I read it was supposed to be May 1. I am sure they wanted it there to display and would have had a huge impact
4. Why does Kalitta require 24 months up front payment
5. What is the 24 month payment
6. What is the projected maintenance costs over the 24 months
7. How will they pay the staff and what is the projected payroll costs
8. How will management get paid
9. Now that a new company, is they restrictions that were in place by Igor re insider selling lifted
10. What is the rs
11. The preferred C new issue, how many shares, what price and how will that affect current shareholders
12. Its been 6 months since November, why havent these got their books current why now start that process with a new accountant they already had a new accountant a few yrs ago
13. What offices will they be leasing and what are those costs to carry.
14. Will there be insider gift restrictions so that they cant gift 1 billion shares to themselves ever again.
These are some things that come to mind that should have been accurately answered.
When they are answered I can then make a buy decision.
" the shareholders meeting will be what movies are made of" sure...
Missing out on a pipe dream with no announced answers to the 8 points I made a few months ago. Oh yes and more dilution announced not an accomplishment. Lets see what the preferred C comes in at.
Exactly! Also what happened to no more dilution?