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Can't wait to say...2's up!! Might need some news for that.
Can't wait to say...2's up!! Might need some news for that.
Money, I'm so ready for news. Keep me posted if you get a response. I know of at least 17 million sold by two of my friends over the last 2 weeks. Not that they have any information from the company. They just got frustrated holding. Not me, I'm staying in for the long haul. Never know what happens in pennyland.
Interesting .0003 bid and no sellers today. Perhaps that bottom is in. Need some company news.
I know that the 10.5 million last week was a sell at .0002. That was friend of mine getting out. He was just frustrated holding for so long without news.
nice bid support @ 3!
Just a hunch. I know the company wants to get it's flying status back. Now there starting to answer e-mails again. Not a lot of outstanding shares here. Could go up fast with news.
This one's far from dead imo.News could come anytime.
Ask volume dropping. Maybe he'll sail or row into shore and give us some news.
Volume 110 shares? What kind of signal is that?
3 pm and still no more volume. Are you sure about that "fact" Talls? Oh well, it is power hour. LOL Remember those days!
Interesting web site change. Time for this one to wake up?Let's hope Tall!
Would love to see a PR here. Could be in the making imo.
Giddy-up to that!
Money, good to see that Henry has surfaced. Hoping for more to follow. It could be a fun Summer. You never know in pennyland!
Hi Talls, Annual report came out may 2nd last year. Let's see what Brian has to say.
We can at least hope AAVG gets a small fee when it's sold. Small potatoes for the longs. It was fun to see some volume last week. This one is far from dead imo. Good luck to longs.
Never say never in Penny land. That's just when IHGP will come back.
I've learned never say never with Penny stocks. They can always surprise.
volume was after 2 pm yesterday. let's see what happens.
Keep Digging, I'm working today and won't have time to research.
Nice summary koonrad! Interesting that the plane is no longer for sale. Perhaps something is up. I don't think they could use that plane on the Naples Connection route however because it's too small. They might have sold it to raise cash for the new venture. Let's hope.
Benjo, here's the article
Naples Daily News - Printer-friendly story
FAA won't let Naples Connection take off from airport to Florida destinations
By LAURA LAYDEN
Saturday, December 22, 2012
NAPLES — Naples Connection hasn't connected.
The company that planned to launch air service between the Naples Municipal Airport and four Florida cities this year lost its operating certificate, putting it out of business.
But the company, Twin Air Calypso Limited Inc., is fighting to get its certificate back.
"We are working on it," said Joel Johnson, who was overseeing the Naples Connection start-up here.
Twin Air had planned to begin scheduled air service at the Naples Municipal Airport in October, offering four weekly flights to Miami, Fort Lauderdale, Key West and Orlando using nine-passenger aircraft.
On Aug. 7, the Federal Aviation Administration revoked Twin Air's operating certificate, determining that "an emergency exists related to safety in air commerce." On Nov. 6, the U.S. Department of Transportation notified the Fort Lauderdale-based company that its on-demand air taxi registration was canceled and that it no longer could "directly engage in air transportation."
The carrier was grounded after the FAA found it illegally operated as a scheduled airline, rather than as an on-demand service, for flights between Fort Lauderdale International Airport and the Bahamas.
"We are just not settled with the FAA. We have requested a re-evaluation of the certificate and are working on getting it reissued," Johnson said.
With its certificate, Twin Air couldn't operate more than four weekly scheduled flights between two or more points, but an investigation found it had daily service from Fort Lauderdale to Treasure Cay, Marsh Harbour and Walker Cay on Abaco Island and flew six days a week to South Eleuthera Island, Governor's Harbour and North Eleuthera Island. The company operated the service on three small planes, each with fewer than 10 seats.
Twin Air has appealed the FAA's emergency order of revocation. The appeal is pending before the National Transportation Safety Board and a decision could come in the next few weeks, Johnson said.
"The board is considering it. I don't know the status of it, though," said Keith Holloway, a spokesman for the National Transportation Safety Board in Washington, D.C.
In February, the U.S. Department of Transportation reached a settlement with Twin Air, requiring it to pay a civil penalty of $70,000 and to "cease and desist from further violations." But the company didn't comply with the agreement, continuing to act as a commuter air carrier without first being found fit to do so, according to the U.S. Department of Transportation's letter canceling the company's air taxi registration.
In its defense, Twin Air has said it didn't intend to violate any rules and that it fully cooperated with an investigation by the Office of Aviation Enforcement and Proceedings.
Twin Air is the successor company to Twin Town Leasing Co., which in 2005 was fined $20,000 and ordered to stop similar violations.
The idea for Twin Air service in Naples actually came from George Brown, the chairman and CEO of American Aviation Group Inc., who said he planned to buy Twin Air and expand it before the company lost its operating certificate. If Twin Air wins its appeal, he said, he still will be interested in buying it and suspects the carrier will still want to sell, especially with all the money it has lost since being forced out of business.
It's not all that unusual for an air carrier to get its operating certificate back, but that decision depends partly on the severity of the violations and the cooperation between the company and its regulators, Brown said.
"It's not an impossible thing. It's done all the time. People do get their license back. They do get their certification back," he said.
Ted Soliday, executive director of the Naples Municipal Airport, said anything that's done with a federal agency is a long, complicated process.
He had hoped to see the service launch at the start of the busy season so there would be "success from the start."
He said he hopes everything with the FAA will be resolved soon so Naples Connection will fly. The airport doesn't have a commuter airline and it remains a top priority for him and his board, Soliday said.
JetBlue showed some interest in flying out of the Naples airport, but backed away from those talks in October, following a letter-writing campaign by Naples residents who didn't like the idea. A weight waiver would have been required from the FAA for the carrier to fly its larger EMB 190 aircraft in and out of the city's airport.
"We are obviously very eager to get a small aircraft providing commercial service at the airport," Soliday said.
Scripps Lighthouse
We made the BUZZ CLOUD!! Weeeeeeee. Just practicing incase something exciting happens.
Maybe George Brown, CEO of American Aviation group is interested as he stated in that Dec. 22nd article from the Naples paper. I think you might want to sticky that article because it gives a pretty good run down on what's been happening here, even if 3 months old.
With SS 500mil and maxed out we can move real fast with News or even with speculation.
Could be certification or someone wants to buy them out and use their symbol.
Now that would make my day, along with a lot of longs here!
I can't remember What that lawsuit was about? Can you refresh me ?
only 15,000 shares sold @.0003.
They very well could. That's what makes Penny stocks fun.I mean you never know. Perhaps they will get the Naples Connection going by merging with another company that has planes. You never know.
Hope we tick up this week.? news coming?
8 million bid support @ .0004. Someone wants to buy. Does anyone know anything good here?
10 million bid support at .0003!
Interesting, I wounder who's doing all the selling?
Money,You must be about done selling? Good luck too you and enjoy the golfing season. I'm riding this one out myself. peace
I hope the lock is lifted by spring-time!
gotta admit, his predictions have often hit the mark. Just sayin. I'm staying tuned.
I'll always hope for the best, nothing else to do at this point!
hmmm, could get interesting around here.