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Star Navigation Systems Group Ltd C.SNA

Alternate Symbol(s):  SNAVF

Star Navigation Systems Group Ltd. is a technology company. The Company is focused on providing aerospace and transportation data services solutions along with hardware and software platforms that assist aviation and other transport related operators worldwide. It manufactures In-flight Safety Monitoring System (STAR-ISMS), an aircraft computer that is at the heart of the Star Airborne Data System (STAR-A.D.S.). The STAR-A.D.S. system has real-time capability with GADSS capability tracking, all aircraft systems performance trends and predicting incident-occurrences, which enhances aviation safety and improves fleet management. In addition, Star Man, Machine, Interface (MMI) Defense Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defense and commercial aviation industries worldwide. STAR-V-TRK system is a small-scale tracking and monitoring system that can be installed on smaller vehicles such as boats, marine, trains and trucks.


CSE:SNA - Post by User

Comment by pikeroo_007on Jun 21, 2017 9:29am
89 Views
Post# 26386604

RE:RE:RE:RE:RE:RE:RE:This board deterioted pretty quick

RE:RE:RE:RE:RE:RE:RE:This board deterioted pretty quick
rxgca wrote:
There's the discussion Walkoffhr? What has fundamentally changed with SNA since well before it was delisted from the TSX Ven until now? We've heard a couple of fluff announcements which aren't real contracts and 120 million shares blacked out from trading for 5 or 6 months. That's not a very long time, what happens when they become free trading again? More importantly how many times have you heard of a healthy company making such a move? Granted I get it, SNA is not financially healthy so they need to get creative at this point. Good on the management for being creative. I think what gets my goat is how they're sending these fluff messages and more importantly how you sheeple buy into it. I refer back to the warrants being exercised in one business day which also happened to be the only day the warrant price was in the money. How is it that I'm the only one with an issue on how that math adds up? Of course all good for the ones that bought in at .03 but where's the transparency? From an outsider looking in it would appear all is well thought out but certainly not deserving a flag waving press release. I applaud management for getting those investors to black out the 8 million shares and pony up on the .06 warrants. IMO that could have all been done without what looks to me like a bunch of smoke and mirrors. I don't know what management presented to the investors, I'd have to say that it made a supporter out of them in which case the investors should support whatever realistic business plan is presented to keep their and your investment afloat. Don't shoot the messenger, I'm only expressing my thoughts on what I've been seeing probably because I'm not invested in it. I've called out FLY management a couple of times over the years when I questioned what was being said. I've said it many times before and 23f35 said the same today, I'm not very happy where FLY is today with it's share price but I've seen what it's taken them to get their business to where it is today. The sad truth for you SNA holders is that SNA needs to follow a very similar route to be remotly successful and time for that is running out. I believe in trust and transparency, if one feels they're not getting that then the questions need to be asked.


You RX, GOLF, 23/35 sure put a lot of efforts into convincing new investors to not invest in SNA. All this is not new. You claim you have no skin in the game, but something tells me you are short on SNA or you have been the illegal manipulators putting downward pressure on our share price. It would not surprise me if all three of you are the same person. If not then you are very close friends and to me turns out to be as if you were the same person. One thing sticks to me is that you feel threatened by SNA somehow, either by getting burned on a short or by the business moving forward and taking Flyht's market share because you know they have the better product. There is obviously smoke where there is fire. You guys have very good writing skills and actually sound convincing, but in the end SNA share price has been performing lately due to some good moves by management. I admit we are financially behind on FLYHT, with less flying hours, but in the end the better product will win.
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