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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 > How terrible is the buyout deal ?
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Post by TechOneon Oct 26, 2024 12:42am
175 Views
Post# 36283097

How terrible is the buyout deal ?

How terrible is the buyout deal ?They are not even paying 1 time projected annual revenue..  the Backlog of orders have no values.  Or none of the patents and hundreds of STCs etc. etc.. All for free.. 

Management should be ashamed..  Since they only have 24% of insiders' votes committed to the offer, let's see if rest of he share holders support the deal when it comes to vote.. They need at least another 43% votes to do the deal.. 

5 FTG shares will buy you a small cup of coffee at Timmy.. 

FWIW  
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