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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 bayliner69on Feb 01, 2024 12:53pm
121 Views
Post# 35857429

Cut and run

Cut and runWith the stock now worth 4 cents pre reverse split it may be an ideal time for management to sit back and wait until it finally gets bid low enough and a major aviation company good at making money can buy it for penny a share.Its not uncommon for listed companies management's to still get bonuses if they sell out while the rest of shareholders get zero chance of ever recovering their losses. Do some research on junior Oil companies that were bought out and you'll see how the jig works.The bonuses and the money the shareholders lose ends up in the new buyers pockets through future increase in their values and share swap rules  interpretation in both the buyer and sellers  prospective when they formed their companies.All legal as long as it's in the prospective when it was listed.I don't know the prospective of the stock and am not qualified  in the legal reading of perspectives so its just an opinion but it may be worth reading it to see if any perks can still go to management if they sell out for a lioss o everyone else
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