Replies to post #7059 on Northstar Electronics Inc (fka NEIK)

[ChuckBits]

Thanks for the detailed response, GLTY...

[The Pizzaman]

Excellent post! Someone needs to put you in touch

with the NEIK team. I believe you could be a huge asset to them, if you were ever interested in getting involved in some fashion. Glad to have you aboard this NEIK board! Excellent suggestions and I hope you take a more proactive stance and possibly consider getting in touch with them. It sounds like you have some valuable connections, as well. The last thing NEIK needs to do is pay some promoter, so I believe your suggestion is an excellent and prudent strategy.

$NEIK $$$$$$$$$$

[BooDog]

Feb 2016 letter..
NORTHSTAR ELECTRONICS, INC. PROVIDES SHAREHOLDERS
LETTER ON CORPORATE OPERATIONS
Virginia Beach, VA- February 2, 2016- Northstar Electronics, Inc. (NEIK.OTC), a
product development corporation, working in the aviation, defense, and marine
industries, announces a shareholder letter regarding NEIK’s on-going operations.
The shareholders letter is attached below:
Dear Shareholders,
As you are aware, we are taking Northstar in a new direction, one in which the
Company is making and selling its own systems rather than being a contract
manufacturer. We are now expanding into the growing aviation manufacturing and
distribution industry, which is an excellent fit for the talent pool in and around the
company.
The Company became the majority owner of a newly formed company, Northstar
Sealand Enterprises Ltd. (NSEL), in early 2015 and, since then, NSEL has
constituted the operational side of Northstar.
We at Northstar and NSEL have set corporate goals for 2016 which we believe are
realistic and accretive in revenue creation.
A high priority for Northstar is to become current with its 1933 Act reporting
requirements with the Securities and Exchange Commission (SEC). Our goal for
2016 Q1 is to complete the financial statements in arrears, file with the US SEC
EDGAR Filing Division and return to the OTCQB trading platform.
We believe that in 2016 Q1/Q2, NSEL should complete negotiations with an
international aerospace company and sign an agreement for the rights to a single
engine turboprop commercial aircraft. This plane has an excellent performance
history and new enhancements are now being implemented. With the agreement
signed, NSEL plans to initiate production and roll out a marketing program aimed
at introducing the new version of the plane in the world marketplace.
Northstar has been actively pursuing a capital raise to be utilized for its own public
company activities and for NSEL's operational needs. Our goal for 2016 Q1/Q2 is
to use these funds to support, amongst other activities, the development of NSEL's
corporate Quality Infrastructure.
In 2016 Q2, NSEL goals are to sign joint marketing agreements and appoint
domestic and international sales representatives. The sales representatives and the
NSEL executive team will work aggressively to make sales presentations to
qualified end-user prospects with the goal of closing our first order.
In 2016 Q3/Q4, NSEL expects the international aerospace company to complete
the enhancements of the prototype aircraft and to complete the overseas
certification & test fly a prototype of the aircraft. Concurrently, NSEL plans to
make significant progress toward North American certification. Our goal, in this
period, is to ship the first aircraft to the end-user. Another goal of the NSEL sales
team is to close an order for a second aircraft to be delivered in 2016 Q3/Q4.
In 2016 Q4, Northstar has the goal to raise additional working capital for
investment in infrastructure and production transition to North America from
overseas.
2016 looks to be a year when Northstar Electronics, Inc. establishes itself as a
solid, progressive company. In 2017, we expect to build on our 2016 efforts and
achieve significant sales growth. In the longer term, Northstar, through NSEL,
aims to become an international leader in the turboprop single engine
manufacturing, marketing, sales, and MRO (Maintenance, Repair and Overhaul)
business.
Your continued shareholder support is greatly appreciated as we move towards the
production of new advanced aircraft which will have the capabilities to make it a
success in the world of fire-fighting and agriculture.
Best Regards,
Wilson Russell, Ph.D.
Chairman/CEO/President
=================================================

Pretty ambitious goals. I'm also an engineer, mechanical side. Ships though, not aeronautics. Not a full fledged engineer though, my experience is through now 30 years of ship repair. I agree that we don't play games, we get what needs to get done, done, without the BS. My training has certainly helped me learn to calculate the technical side of trading. It also wasn't hard to see that this was being hyped by some habitual pumpers. Does that matter in the end? Remains to be seen. Company follows through and it will be well into the past quickly.

What I do know is this. I am an aerospace engineer, and engineers are by the numbers conservative. As a group, they have high FICO scores, low debt, and don't take chances.

As for taking chances, it's a calculated risk for me here by taking a small position and then looking for the pull back. Which seems to be working out. No fills in the .02's yesterday with orders in between the bid/ask. See how today goes. Q2 is winding down so thinking we'll get more info PDQ. I do believe in KISS. (Keep it simple stupid!). I also applied for a mod spot but they're all full. See if one of them sees your comment to clean up the IBOX and bring it current.

Cheers,
Jim