What business plan has worked since 2009? First it was all the Aerospace big acquistions using debt to finance them. Back then CEO tell shareholders deal was done, no dilution debt financed and had cc's people relied on. Yet never happen and billions of shares issued. Lies got shares sold.
Then we have the flight school plan to expand with foreign students since 2011. Never happen, revenues down and losses up. Again dilution and plan never worked. Look at last filings flight school got a lot worse.
Now it's all about these big MJ deals. As using the latest bs has o/s diluted back over 2 billion. Not first time for QASP. Same thing before huge 1 for 1000 r/s.
What do all these have in common. Our current CEO is latest in the revolving CEO's. She ran flight school into the ground as president and has been part of management for years. She is not new.
If what she did running flight school is indication of her leadership and plans look out.
All that has happen with all these plans are billions of shares issued, dumped into float. No company that makes money ever created. Yet somehow this time it will be real. Nope it's all about selling shares. Proven over and over since 2009.
Ignore these facts. Think she is doing great and become bag holder. When people ignore clear history of failure she has been part of and hold = bag holder. This stock is still down just since r/s at 10 cents well over 90% and up even now.
Even with Dean and Joe C it has runs. People who timed it right made money. People who held for these big plans lost. When MJ deals never finalized will be third plan that failed and dilution to max out a/s will happen again. It has many times.
Shareholders will see sonn enough another scam of many they have done.
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