Sorry Bobwin if that post was a little obnoxious or anything I apologize I wish I would not have posted the DD on the low value stock and savvy investment board not because of you it sometimes can bring unwanted negativity. In that some are manipulators and this stock definitely does not need it to trade in a normal range which should be IMHO .25 - .30 this year as a normal trading range taking the same step up it did from 2016 to 2017.
It should not be trading at half its book value but that like I said look at the volume and charts and short reports at FINRA its not really trading at that its just been hit by shorts taking advantage of the volume and I can't blame them its been a regular paycheck for them.
If the company had declining revenue and earnings like you mentioned the 1st quarter would only have been a slight glimpse into a very negative future, did it slow growth, the whole helicopter tour nonsense yes even though a small part of the business and an even smaller part now it did cause negativity, but the company did the acquisition that added the revs and earnings back and are set to continue with the growth this year.
And the question why would/should investors buy to make the price go to .30 kinda through me. I figured anyone would have looked at the chart the volume and action. 2017 right before earning its hit .40 on after 6 days of 200K a day volume, no pr no filing just a short/long battle I guess I don't know but its a tight held float that trades thin. I know a lot of their holders/investors are clients who use their storage facilities for their choppers and they aren't really the look everyday at the internet and share price of the company, the filings do good they put in an order, the buyback filing they put in an order I don't know but it happens.
The pps is fictitious for lack of a better word, it went to that price from its .15/.16 as it did before on haevy short action and with a the filing on the buyback it took almost nothing in volume to push it back to .16 then they hit it again slowly doing their dance but long term it means nothing as it pops right back because holders don't run for the doors when they do it, hopefully that will change.
One of my other OTC's did the same thing now it doesnt it just slowly climbs and when shorts try ad hit it, it holds. They had a volume record about a month ago I think no pr no insider no filings nothing just a short group they threw 1.6 million in volume at it and the stock moved only about .0075 but ended the day even or slightly higher I cannot remember.
Hopefully with the Q4 numbers other investors will see that yeas the Q1 results from the chopper tours is down and the acquisition put it back to previous profit and revenue levels and who knows maybe a third quarter of and increase imagine that. But also with the growth strategy through cash which they have and the new revolving credit line for acquisitions we will even more than the .25-.30 pps that I feel they should be trading at now.
So again I apologies, just wanted to bring in some discussion and maybe turn on some other long term thinking type of investors not looking for a $$ wasting PR every other week just wanted solid growth and a sound investment which on a rarity on the OTC especially in this price range almost every other is on hype and speculation. Peace out
PS all my posts will always have grammatical and spelling errors just apologizing in advance LOL hated English/Grammar in school and cannot even believe I passed as my teachers and I held an all out war again't on another. Have a great day all.
