Good morning to all...
We all in need to participate to get the word out on this little Gem of a Company in the making. I'm a bit disappointed on the interest level of readers & participants on this forum, understandbly so marketing is a long hard process but we all do our little part the word will get out.
Objectively there is quite a list of accomplishements in the course of the year for us to contemplate on Aeromechanical Services. Here is some of them which I think are of great importance along with the fact they Acheived CASH FLOW POSITIVE one year ahead of Jack Kafavian's call (Research Capital).
There are so many things in developments that even Research Capital recently raised their target price from 0,65 to 1,50, When you put everything into context from the Sierra deal, GuestLogix, Hawker Project et al & all developments it points to a very solid growth in future revenues on the bottom line.
A good example of that is the contract signing of their Fuel Program included with a Mid Est Airline valued at 2.620 millions in April, for 5 years with an average of $4850.00 per month per plane on 9 jets it is obvious more & more will adhere to that program & the value of future contracts will grow very rapidly compared to a prior average value of $2000,00 per plane per month for which some of past contracted Airlines have already signed on.
As always do your Due Diligence, contact IR they have always been forthcoming in answering my questions.
Good luck to all & all the best......
Here is the long list of accomplishments from their Website & much much more to come:
Press Releases: 2009
October 19, 2009
AeroMechanical Services Ltd. Announces Successful Completion of Flight Testing of FlyhtStreamâ„¢ Live Air-to-Ground Data Streaming aboard Skyservice Airlines Inc. AircraftOctober 19, 2009
AeroMechanical Services Ltd. Markets the afirs “Maintenance Situational Awareness†System to the Business Aviation MarketOctober 15, 2009
U.S. Bankruptcy Court Approves AeroMechanical Services Ltd. Bid to Acquire Assets of Wingspeed Corporation for $250,000October 9, 2009
AeroMechanical Services Ltd. and GuestLogix Inc. sign sales partnership agreement to enable real-time credit and debit card transactions during flightsOctober 8, 2009
AeroMechanical Services Ltd. Announces Closing of $1,670,000 Non Brokered Private PlacementSeptember 30, 2009
AeroMechanical Services Ltd. Announces Non Brokered Private PlacementSeptember 9, 2009
AeroMechanical Services Ltd. Announces First Business Aircraft InstallationSeptember 8, 2009
AeroMechanical Services Ltd. Announces Fuel and Emissions Grant and Emissions Trading Scheme ContractAugust 28, 2009
AeroMechanical Services Ltd. Announces afirs UpTime Contract with US-Based Charter OperatorAugust 11, 2009
AeroMechanical Services Ltd. Upgrades System for Continuous Aircraft-to-Ground Data CommunicationAugust 5, 2009
AeroMechanical Services Ltd. Announces Staff Appointment and Issuance of Stock OptionsJune 12, 2009
AeroMechanical Services Ltd. (AMA) Advanced Aircraft-to-Ground System Upgraded for Continuous Data StreamingMay 22, 2009
AeroMechanical Services Ltd. Announces Issuance of Stock OptionsApril 6, 2009
AeroMechanical Services Ltd. Announces afirs UpTime and Fuel Management Contract with Middle Eastern AirlineMarch 30, 2009
AeroMechanical Services Announces Settlement of Action Brought by Darryl JacobsMarch 19, 2009
Claim Dismissed by Star Navigation Systems Group Ltd. and Change in Staff AnnouncedMarch 4, 2009
AeroMechanical Services Ltd. Announces Manufacturing and Military Partnership with Sierra Nevada CorporationFebruary 19, 2009
Automated Flight Information Reporting System Enters Commercial Service in ChinaJanuary 5, 2009
AeroMechanical Services Ltd. Announces Contract Renewal with Caribbean Regional Operator