CAVR $0.044 Filed FINs with pinksheets last week.
Files 2010 Annual Report With Pinksheets.com
The past years operations grew from $2,011,780 in 2009 revenue to $2,250,715 in 2010 from the reworking of its existing properties. This plan allows the company to make new acquisitions and have cash flow to sustain the company during this growth period. CAVU's losses shrank to approximately $133,000 with profits targeted for 2011. CAVU has grown its total assets from approximately $3.8 to $5.8 million with approximately $1.5 million in net assets. The recently acquired 100% owned subsidiaries -- FILO Quip Resources, LLC and Envirotek Fuel Systems, Inc. -- produced and transported approximately 120,870 mcf of natural gas and over 6,000 barrels of oil in 2010 creating approximately $755,000 of revenue from gas and oil sales.
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