I don't think JETMF is even close to meeting the requirements for NASDAQ at this time. They certainly don't meet the market cap minimum or have the assets let alone have the needed earnings or cash flow with market cap. NASDAQ is realistically a couple years away here IMO. It will take time for them to acquire more planes and increase revs.
I like that they were able to use their second plane in Afganistan even though it's not on their certificate yet. Might help them get gov't contracts in the coming months.
So far, working with one plane they will not be bringing in massive revs. A good start and congrats to all. I think it will continue to be a slow start. Maybe this time next year we will have the cargo planes they keep talking about. All of this will take cash flow...so expect more fund raising...just hope it doesn't dilute the crap out of the stock.
I see yesterday's PR...NASDAQ imminent. LOL. Well maybe I was wrong, but we shall see. I don't see how they will meet requirements to maintain NASDAQ so quickly with just 2 planes. Not near enough revenue IMO. I like the optimism :)