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FLYHT Aerospace Solutions Ltd V.FLY

Alternate Symbol(s):  FLYLF

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

Comment by PeterPiperon Dec 10, 2013 1:11pm
215 Views
Post# 21990557

RE:RE:RE:reverse split...

RE:RE:RE:reverse split...I believe your number 1 (market driven) will get us over $2 pretty soon, certainly by the end of 2014.  Then the hypothetical group who won't buy under $2 will be ready to jump in, providing another boost to the pps.  In any case, word seems to be getting out so there are, IMO, plenty of people ready to jump in under $2.  I'd rather have the nervous nellies pay more to get in.

I agee with your assessment that a buy-back is unlikely and probably undesirable at this time.  I als0 think that the potential drawbacks of a reverse split outweigh any perceived upside.

The discussion is pretty moot anyway.  They will either do one or not (IMO not) without asking our permission.

Piper

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