AeroMechanical Spring 2011 Fact SheetJust got an email from AMA announcing the availablity of a new company fact sheet on their website .Check it out . Nice summary of where they are currently. I found the Customer flight & hours chart of AFIRS usage most interesting as it shows quite a rising trend of usage over the last 3 years. As pointed out during thier webcast , Flights & usage are a more relevant performance indicator than just the sale of the hardware alone .To be fair the bottom line financial revenue chart shows AMA taking quite a hit this year due to AFIRS 228 with R&D cost of 4.5 mil but it also begs the question when the R&D is complete what is the ongoing R&D cost going to be. As it lowers which IMO it should next year the prospects of improving revenues along with the availability of AFIRS 228 in the marketplace in Q4 bodes well for SP outlook. This could explain the sudden insider buying .
GLTA
TO_Canuck