$SKAS Great Profitable Comopany
Saker Aviation Services SKAS
O/S 31,978,149 as of January 30, 2018
Insider held shares 13,405,971
Assets $ 6,694,307 of which $ 2,095,728 in cash
Market Cap $ 2,878,033
Earnings for 2017 $ 478,000 $.0143 per share
Earnings for 4Q 2017 $ 169,000 $,005 per share
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. Will do in cash no share dilution. 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 a R/S which had been previously voted on and approved.
As per 10K filing January 30, 2018 of 1,673,190 shares repurchased. https://backend.otcmarkets.com/otcapi/company/sec-filings/12505193/content/html
In 2017 company acquired FBO at 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.
Stock currently has a heavy short position in it. https://otcshortreport.com/company/SKAS