Spotlight Capital Holdings Inc (SLCH)

[alexander77]

The target I read on http://www.wallstreetnewscast.com/
here it is:

"Ludlow Capital has maintains its research opinion on AvStar Aviation Group, Inc. (OTC:AAVG), a full service aviation maintenance company, non-scheduled air carrier, and a full service Fixed Base Operator, with a valuation target of $0.08 to $0.10 per share.

AvStar Aviation is a full service aviation maintenance company, non-scheduled air carrier, and full service Fixed Base Operator (FBO). The Company plans to grow through the acquisition of small airline carriers and land based aviation maintenance companies in the South Florida market. www.avstarinc.com

For 2010, the Company is projecting annual revenues to be around $7 and $9 million through this growth strategy, with a projected goal of doubling those numbers to $14 to $18 million in 2011.

Twin Air Calypso Acquisition

On August 2, 2010, the Company announced they had acquired Twin Air Calypso Limited, Inc., a South Florida air carrier certified by both the United States and Bahamas government. This acquisition now positions AvStar as an operating air carrier service provider, with high traffic routes from South Florida to the Bahamas. www.flytwinair.com

In addition to now providing air carrier services, the Company also formed Twin Air Calypso Services, Inc., a wholly-owned subsidiary of AvStar Aviation, to provide maintenance and ground support services including inspections and advanced communications testing for Twin Air Calypso Limited, Inc., and other commercial operators through their facilities at the Ft. Lauderdale/Hollywood Airport (HWO).

Share Structure

As of August 4, 2010, the Company had 118,799,542 shares issued and outstanding, with around 10 to 15 million of those shares in the public float. The transfer agent for the company is un-gagged and available to provide share count status through public disclosure.

Valuation and Price Target

The Company is projecting around $7 to $9 million in total revenues for 2010, with the Twin Air Calypso acquisition alone bringing in $3 million. Through this first acquisition, the Company now operates as a full service aviation maintenance company, non-scheduled air carrier, and a full service Fixed Base Operator in South Florida aviation market. We are maintaining our valuation price target to $0.08 to $0.10 per share, with a medium and longer-term range of $0.20 to $0.25 per share."


http://www.wallstreetnewscast.com/news/2010/august/aavg.html