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 AFIRS Edge, Automated Flight Information Reporting System (AFIRS), FLYHT-WVSS-II, and Tropospheric Airborne Meteorological Data Reporting (TAMDAR). Its actionable intelligence solutions include Wireless Quick Access Recorder (WQAR), Aircraft Interface Device, FleetWatch, FuelSens, and ClearPort. The AFIRS solutions include an aircraft satcom/interface device that enables cockpit voice communications, the transmission of aircraft data both inflight via satellite and post-flight via 5G, real-time aircraft state and fleet status analysis, and preventative maintenance solutions. Its hardware products can also be interfaced with its proprietary relative humidity sensors to deliver airborne weather and humidity data in real-time. The FLYHT-WVSS-II is an aircraft sensor. The TAMDAR system is a sensor device installed on aircraft.

TSXV:FLY - Post by User

FLYHT Aerospace Solutions Ltd

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Comment by TO_Canuckon Jun 14, 2012 9:13pm

176 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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