Saker Aviation Services Inc. (SKAS)

[tdeck]

$SKAS a brief run down on the company for anyone looking.

Saker Aviation Services SKAS

Website https://sakeraviation.com/

A/S 100,000,000

O/S 31,978,149 as of January 30, 2018

Insider held shares 13,405,971

Float 18,572,178

Assets $ 6,694,307 of which $ 2,095,728 in cash

And they have a revolving line of credit $2,500,000 just renegotiated on better terms with a new bank as per March 21, 2018 8k. The company is actively seeking its next acquisition.

https://backend.otcmarkets.com/otcapi/company/sec-filings/12639452/content/html

Company in the middle of a share buyback totaling 2.5 million shares which was initiated rather than doing a R/S which had been previously voted on and approved. As of the 10K filing January 30, 2018 of 1,673,190 shares have been bought back.

https://backend.otcmarkets.com/otcapi/company/sec-filings/12505193/content/html

In 2017 company acquired a hub at Garden City Regional Airport.

Garden City, Kansas airport hub its facilities and services.
https://www.airnav.com/airport/KGCK/SAKER

Their operations at the Downtown Manhattan/Wall Street Heliport
https://www.airnav.com/airport/KJRB/SAKER

They also rent out the helipad for movie and tv filming.

Shares are currently priced about half book value and should be trading .20+ IMO due to the book value, company’s active share buyback and new credit facility for another acquisition this year.

A solid investment for someone seeking a company that is actively growing and going through the right motions to increase the company’s share value.

Stock currently has a heavy short position in it.
https://otcshortreport.com/company/SKAS
Peace out