FLYHT Aerospace Solutions Ltd V.FLY

Alternate Symbol(s): FLYLF

Industrials Aerospace & Defense

FLYHT Aerospace Solutions Ltd. provides solutions for the aviation industry. The Company's aircraft certified hardware products include Automated Flight Information Reporting System (AFIRS), AFIRS Edge, Tropospheric Airborne Meteorological Data Reporting (TAMDAR) and FLYHT-WVSS-II. AFIRS is an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight. The AFIRS Edge is a 5G wireless quick access recorder (WQAR), aircraft interface device (AID), and aircraft condition and monitoring system (ACMS). TAMDAR system is a sensor device installed on aircraft that captures temperature, atmospheric pressure, winds aloft, icing, turbulence, and relative humidity. FLYHT-WVSS-II is an externally mounted aircraft sensor that detects and reports water vapor as relative humidity. The Company's wholly owned subsidiary, CrossConsense, offers skilled services to the commercial aviation industry.

TSXV:FLY - Post by User

FLYHT Aerospace Solutions Ltd

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Comment by TO_Canuckon Jun 14, 2012 9:13pm

175 Views

Post# 20016322

RE: Yikes, seems like there was not much interest.

PeterPiper I assume you will be getting the approx 10% discount value on your purchase . It is disappointing that FLY couldn't complete the deal @ .22 . I do think we are in a Risk Off market cycle and speculative juniors (not just FLY) as they all need to deep discount thier financing to make their deals.This was probably the worst time to be going to the market for funds . FLY needs to a blockbuster revenue generating NR to get it out of the funk thier now in OR wait till the market turns bullish again.

TO_Canuck

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