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Re: Edgecrusher post# 1487

Thursday, 10/22/2020 3:18:30 PM

Thursday, October 22, 2020 3:18:30 PM

Post# of 1705
I listened to the monthly zoom call today. These guys certainly sound more legit than Canada Jetlines. They expect to have their first plane painted and delivered by December 10th and the second one not long after. Someone asked about how they can track their planes. Ed said they would put out the tracking information so everyone can watch the first plane make it's way from Europe to Miami. Revenue operations starting in January. Still plan to spin off Canada Jetlines into it's own company/ticker. They said they have a shell company they are working to acquire. Plan to do the spin off in first 2 quarters of 2021.

Someone asked about the stock price. They were all puzzled as to why the stock is lagging. I have an answer...it's a start up with no revenues....and no plane at the current time. I will give them a lot of credit for answering all the questions on the zoom call. They put forth a lot of effort updating shareholders. They said anytime anyone has a question to call them.

They addressed the point that the first round of private sale of shares...those shares come off restrictions on Saturday. They estimated only 300,000 shares are not held by long term or company executives. So there may be some selling coming. Most of the shares were purchased by insiders.

Overall, they have made a lot of progress this year.