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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 Kahn123on Jul 29, 2016 5:04pm
124 Views
Post# 25097251

RE:RE:2H critical

RE:RE:2H criticalThey have the cash now but it is not certain that by December that the cash will still be there to pay back the debt. Some optimism is warranted, however lets see if we can be profitable 2 quarters in a row (or better 3). Then with all that cash, the debt can be paid and that HUUUUGE monkey will be off of our back. I think with the revenues this quarter we can see the SP stay here as a solid bottom and maybe trickle up a bit. But that is OK, I do not mind having the SP below 0.25 right not (at least until we pay back the debt) then after we pay the debt and there is no risk of further dilution let it soar.
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