Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I wish I knew. Hopefully the statements made in the last press release about more news coming this quarter are valid and will shed some light on it all.
I am in the same camp as StockDiety and remain optimistic. I think what has happened here over the last 12+ months has happened for a reason...I just hope we all hear what that reason is, soon.
I agree...but that article was posted to address the question/comments about the similarities to the Britten-Norman Trislander
This article was from 2007...
October 27, 2007
West Indies Company Plans Unique Commuter Plane
By Russ Niles, Editor-in-Chief
Integrity Aircraft Holdings Ltd. (IAHL) of Nevis, in the West Indies, recently announced it will develop an 18-20-seat commuter aircraft with a single 1,100-hp Honeywell TPE 331-12 mounted on the tail. The aircraft is similar in appearance to the British-built Britten-Norman Trislander, which has three piston engines, one each on the wings and the third on the tail. In news releases appearing on stock watch Web sites, IAHL CEO Peter Van Dyke said the single tail-mounted turboprop offers numerous advantages over conventional configurations, including the ability to leave the engine running while loading and unloading, thus cutting the number of start cycles on the engine. Van Dyke said he expects to sell the aircraft for $1.9 million and, although it's strictly a paper airplane at this stage, he's hoping for certification sometime next year.
The aircraft appears to be designed for short-haul service between small airports, like those operated by Caribbean airlines. The original name for the aircraft was the Island Hopper but it's been changed to the Integrity. The company claims STOL capability off unimproved strips with a cruise speed of 170 knots. Gross weight is about 10,000 pounds. The company says it has U.S. patents on the design
Thanks samspade96
I think all your points are legitimate and appreciate the dialogue. The only problem I have had today is with scud missle-like posts that are launched with heated rhetoric and criticism toward the people who have populated this board for years. If an investor really has been accumulating for 2+ years, you would think they had some reason to believe the company was legit. Otherwise, why would they keep buying the stock? Nothing has happened in the last 2 days that is really any different than what has happened over the last 24 months. So, the "frustration" that was displayed in certain posts just seemed peculiar to me.
Again, I feel we all should be skeptical with any stock we purchase. When I bought Ford at $2 a share, I was skeptical that they wouldn't survive the bailout era and was questioning the management of the company. That turned out to be a decent investment. I am hoping that IAHL's management can deliver something similar for us. We have to remember that this stock was at sub-penny for a reason and rose to $.28 for a reason. I do not believe it was all manipulation. Time will tell.
For the record, I hope someone does have more intimate details. That actually means there are details!
Sorry, couldn't resist.
Too funny!
As he said, his work is done here. I think that pretty much encapsulates everything we needed to know.
Have a great weekend B Ball Guy!
Actually I do owe you an apology Captaincook. I am typing from a mobile and it did do an auto-correct. If I would have caught it, I would have corrected it. Again, I am sorry for that.
However, the rest of your post is very revealing. It looks like you pretty much proved my suspicions.
Good luck to you.
I actually thought..or should I say hoped...that the "evidence file" comment was the sarcastic remark.
You guys go ahead and feel free to play Sherlock Holmes here, but I would advise you to keep your threats to a minimum.
Most of of here are just average investors that have been with this stock through many years and many different ticker symbols. We have been patient and seen this stock go from as low as sub-penny to over a dollar. Some people believe in it, others don't. Ain't America great?
You have the right to buy, sell, hold. So do I. And if I decide to buy and hold, I should have the right to communicate my thoughts to like-minded investors. So, on that note, here's a thought...
Does anyone else find it peculiar that someone would have enough confidence to accumulate for 2+ years with well over a million shares, then come out of nowhere to slam the stock, the management and the people who post on a discussion board? It will be interesting to find out who really has the agenda.
This is very positive...
"He has been and is currently negotiating with past business partners in China, England and the United States to finalize a significant merger/acquisition candidate, expanding IAHL's portfolio into a more diversified company."
Hey BB Guy...look at the top of this screen and click on the RED Norton alert for the details of how to fix it.
This is interesting...
Found this through a Google alert. Looks like a company called ACCREDITED BUSINESS CONSOLIDATORS CORP. invested in IAHL. Here is there FORM 10-Q that was just released...
Link: http://secwatch.com/filings/view.jsp?formid=7484519
Interesting commentary about MM NITE...
From stockalyzing.com:
Each market participant is recognized by the four-letter ID that appears on level II quotes. Here are some of the most popular ones: NITE, ETRD, SCHB, TDCM & ARCA.
NITE - wholesaler
SCHB - wholesaler
TDCM - retailer
ETRD - retail ECN
ARCA - an ECN
NITE : This is the king MM of the OTCBB. He intimides traders and other MMs use that to their advantage knowing that he scares them. That's why NITE is the shaker on most stock runs; he is the most common ax. NITE could be on the ask all the time, he could be leading a dip scaring sellers to SCHB and TDCM on the bid.
View entire article, here:
http://stockalyzing.com/stock-learning/104-understanding-level-2-and-market-makers.html
It does seem to be a different type of plan. Here is some more information...
From the Melbourne Airport Authority Minutes:
Over the past few months staff has been working and negotiating with a major aviation company with fictitious name of Aries. The project consists of investment of an estimated $30,000,000 for an on-site facility. It is considering a 23.6-acre lease of Airport property located on the north side of General Aviation Drive. The company has estimated the creation of 400-450 jobs with an average wage of $55,000. In order to induce the company to locate in Melbourne, staff has worked with our engineers to prepare a plan for the infrastructure improvements necessary to support the facility that includes an aircraft apron, extension of Taxiway “M”, extension of Croton Road, construction of a master stormwater retention, construction of a small sanitary pump station and force main and miscellaneous improvements. The costs of these items are estimated at $6,164,000.
In order to reach or exceed the 20% match required by the criteria of the EDA/RIC grant application staff requests the Board to approve an appropriation of $219,463 of Airport funds that will be combined with a $607,000 commitment by the prospective tenant, and contingent on receiving a Florida Transportation Access Grant for $1,420,367. With the 36.1% local match the actual EDA/RIC grant request will be for $3,936,633.
However, staff is recommending that the Board approves up to a 25% local match. It is understood the higher local match lowers the grant request and improves chances of grant approval. In the worst case scenario of not receiving the Florida Transportation Access Grant it would require the airport participation of $934,000 in order to reach the 25% local match.