CAVU Resources Inc (CAVR)

[jlee3]

CAVR is starting to move up. This is still in the bud stage of the next leg up. Still under a penny but I don't think for long. Next leg up should take her above $0.03 based on previous moves.

Highlights—

-Acquired Sinacori Builders ($30+ million in revenue past 3 years) which immediately made the company cash flow positive and enabled a share buyback

https://www.sinacoribuilders.com

https://www.globenewswire.com/news-release/2020/02/12/1983933/0/en/CAVU-Sinacori-Acquisition-Successfully-Closed-Ahead-of-Schedule-Providing-Guidance-on-2020-Revenues-and-Earnings-on-Upcoming-Conference-Call.html

-Completed an all-cash share buyback—bought back all preferred A and B shares as well as old CEO’s common shares, equivalent to 184 million common

https://www.globenewswire.com/news-release/2020/03/11/1998933/0/en/CAVU-Resources-Announces-Major-Share-Buyback.html

-Ryan Homes (NYSE: NVR) executive Tim Samuels joined the board

https://www.globenewswire.com/news-release/2020/03/19/2003483/0/en/NATIONAL-HOMEBUILDER-EXECUTIVE-JOINS-CAVU-BOARD.html

-Secured a $5.8 million contract with Toll Brothers, a multi-billion dollar company (NYSE: TOL)

-Closing on a $2+ million dollar deal in 2 weeks on May 30th 2020

https://www.globenewswire.com/news-release/2020/05/08/2030530/0/en/CAVU-Resources-Inc-Overcomes-COVID-19-Challenges-and-Secures-a-5-8-Million-Dollar-Contract-With-National-Builder-To-Close-in-FY2020.html

-Weeks away from launching a gamified, social chat app that enables people to meet and make new friends while in quarantine. Upon launch of the app, marketing push will include ability to reach almost 100 million people using multiple artists and influencers. Access to these artists and influencers is possible because the company’s Director of Entertainment (https://cavuresource.com/management/) is a producer at Eardrummer Records and has produced multiple top hits in last year alone

-Successfully re-zoned a lot in uptown Charlotte and has plans for a 37-story “Skygarden” tower with 362 apartments. Project of this size should easily be 9 figures

https://www.charlotteobserver.com/news/business/biz-columns-blogs/development/article233074922.html

https://www.wsoctv.com/news/local/city-approves-uptown-tower-ballantyne-hospital-other-projects/NOSPIYSQOBESHCE7EBUZQ5KSVQ/

(Not sure why snoof’s post was removed)