Dukes Penny Picks

[Deltasaint]

BLTA - What this means -

The FAA is a very rigorous and difficult Program - How many NEW international airlines have you seen in the last 2 decades? They are the FIRST to get this far in the FAA 121 Certification process. Entering the training program is a virtual certainty to obtaining the ability to sell tickets.

The company has minimal debt. Will start with one 747 for a few weeks to work out the kinks then expand to 4 planes and 3 cities within the year. I have a price target of .57 by end of 2014 based on proforma - where the Load factor is 63%. Currently NYC to MOSCOW on Delta is running at 95% load factor.

The last 2 steps mentioned in the PR = Mini Evac and Proving flights - are 1 week tasks. That means certification is approx. 10 weeks away.

Here is the kicker... UP to 45 days PRIOR to certification, the airline can begin selling tickets for flights. This is huge, it means that they can sell tickets before their certification is received.

At .02 per share - easy ten bagger in 3 months - conservatively