Oh boy...that's exciting. How about something about the rest of the money that will not only be needed to fix up the plane (I assume quite a bit) plus the 1/4 of the cost of the first year's expenses (which should be at least another 4M). And on top of this they had 438M shares outstanding as of August. It took them that long just to acquire 475K. They've got a long way to go. And then there's this problem of valuation with the huge O/S. I'd love to actually see this fly one day but even then I don't see it above a nickel or a dime at most. It would require almost 4.5M in net profit just to get a penny in eps. For those in this...GL!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.