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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

Post by Kahn123on May 05, 2017 11:07am
231 Views
Post# 26208581

Consolidation

ConsolidationI know everyone is concerned about the share consolidation, but I stand by my last comments: 1) a 1 for 10 reverse split will get the SP to $2.30 per share this is high enough to get us out of the venture exchange and on the TSX. 2) Right now profits don't translate into any meaningfull EPS as we have too many shares therefore the EPS is nothing ... after consolidation profits WILL translate into meaningful EPS. As long as the company continues to have profitable quarters there is very little risk that the SP will drop in fact as long as we continue to have profitable quarters the SP will likely rise even after consolidation. LASTLY - we all complain that there is little to no ANALYST coverage, well that because very few are allowed to look at the venture exchange and at penny stocks. after consolidation we will no longer be a penny stock and with continued profitable quarters we can get on the TSX where lots of analysts can now officially look at FLYTE
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