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doughboy2

07/14/13 11:51 PM

#272364 RE: HIFI #272360

Fins look awful, no one ever picks up the phone, people have posted emails go unreturned, TA is gagged and refuse to give SS while chart looks like a dump of new shares dropped the pps 50% in a month.

People claiming insider knowledge on sevis and contracts - unsurprisingly, during massive dilution.

Doubt they have 1 student.

JAX area is saturated with flight schools - even sevis ones.

Not to mention that region.

What does q have going for it?

A history of fraud and an occasional free hot dog.

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penniesbgone

07/15/13 6:11 AM

#272370 RE: HIFI #272360

Just how much profit is in 45K after paying for the trainer, fuel, light bill, water bill, rent, ect ect?

Has anyone here run a company and understands how to run a company for a profit?
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Flyguy

07/15/13 8:28 AM

#272376 RE: HIFI #272360

15 is ok but I hear they have over 30 per site! now that is really good! thats why they have no need to sell shares they are doing just fine despite the bad info out there.
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Manti

07/15/13 9:01 AM

#272380 RE: HIFI #272360

According to the latest filing, the GROSS revenue for 3 months was $112,551. If they're getting $45k/student, that means they're running 2.5 students every 3 months, which means that if they have 30 students, the average time is 36 months/student. (Assuming that students are their SOLE income source)

Bottom line, it doesn't matter if they have 5 students completing the course in 6 months on average or 30 students in 36 months on average, they're still LOSING MONEY operationally and selling shares to cover the operating losses and keep the doors open.