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Re: KJAX post# 138624

Friday, 06/04/2010 4:39:32 PM

Friday, June 04, 2010 4:39:32 PM

Post# of 375420
The flight time requirements are less at a certified school because the curriculum is certified and the training audited by the FAA. Part 61 is not. But now this conversation is off track to the point.

So let's bring it back.

The point is that they do not have a certified flight school when they said they did, and the business plan calls for a substantial part of QASP's income to be based upon this. The question is pertinent in regard to stock price valuation, not student pilot flight time hours.