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Appears I have some luck at profiling stocks for you, just before decent news is released, both IESV stock and EFLT stock, most recently.
Here is some news on EFLT stock, recently profiled here. Please read my previous article on this stock. Be careful!
Purl Gurl
** SARASOTA, Fla., Jan 7, 2004 (BUSINESS WIRE) -- Elite Flight Solutions, Inc. (EFLT, Trade) announced today that it has completed the first quarter of full-scale operations in Alaska on the Yukon-Kuskokwim air ambulance contract.
Elite's President Gregory Love said today, "Elite completed over 200 flights during the first quarter of operations for a combined billing of 650 hours. This billing rate exceeds the contract guarantee and represents over $1,000,000 of gross revenue for the first three months of operation. We are just now headed into the busiest time of the year and we expect even more growth in our Alaska operations."
Elite anticipates revenues under the Yukon-Kuskokwim air ambulance contract to be approximately $4,000,000 annually for the five-year term to total $20,000,000 during the life of the initial contract. These numbers are based on the contract guarantee of 200 hours monthly. The actual hours and revenues could be closer to $6,000,000 annually.
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Purl Gurl, I'm beginning to believe that you're gifted!!
Now that I've got the a$$ kissing out of the way I'd like to get your opinion (if you'd be so kind) on a stock. WHSL is going to split 3 for 1 on March 10th, I've done my DD and feel like this is something I'd like to get in on (contracts, products,etc). Would you; Wait 'til the spilt and see what goes after that, buy after the split, or buy before the split?
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Today's news from EFLT. They continue to acquire and dominate the private air charter market here in America, a market which is expanding as a result of terrorism.
Purl Gurl
(snipped for brevity)
Mar 4, 2004
Elite Flight Solutions, announced today that it has signed a letter of intent to acquire 100% of Atlanta-based Aircraft Source.
Aircraft Source is a sales and marketing charter aircraft operation that books flights on aircraft owned by third parties.
"The Aircraft Source acquisition is an important element in our overall growth strategy. It brings to us a developed sales and marketing group to pursue our revenue objectives in the continental United States charter marketplace."
Elite Flight Solutions announced today that its subsidiary American Air Network Alaska, Inc. continues to book specialty air charter hours at or above plan in Alaska.
"American Air Network Alaska, successfully completed 71 flights during February for a combined billing of 213 hours. This activity level continues to be in line with our forecasts."
Elite anticipates total revenues under the Alaskan air ambulance contract to be approximately $4,000,000 annually, for the five-year term to total $20,000,000 during the life of the initial contract.
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Watch for increasing news coming out of EFLT.
Two events have taken place which will enhance share value for EFLT. Most important event is the moving of Gregory Love to manage their services in Alaska. Love is talented and well versed in all aspects of airline services. Their Alaskan services are very profitable and Love is the right person for direct management of Alaskan operations.
Management elsewhere is now initiating a policy of better advertisement and promotion through various channels, including internet presence.
Advertisement is not direct financial news but adds potential for growth.
Nonetheless, with a flurry of news beginning to come out of EFLT, this will cause investor excitement and interest; bandwagon. This does not enhance the financial status of EFLT but will inflate share value. Caution is to be exercised because prices will become quite volatile in the future. Choose your entry price carefully, if you elect to invest.
You will note Elite is headed by a woman. This is very positive.
Purl Gurl
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Mar 10, 2004
Elite Flight Solutions announced today that it has launched a new corporate web-site at the address flyjets.biz.
Flyjets and Flyjets.biz are names that Elite has used for identity and advertising purposes since its inception.
Elite's President Michelle Mathis said today, "We will now be using the Flyjets.biz web-site as our primary Internet presence. It is important that we create an identity in the marketplace that is recognizable and easy to promote."
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Today's news release in keeping with Michelle Mathis' aggressive approach to customer base expansion.
Purl Gurl
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Mar 11, 2004
Elite Flight Solutions, announced today that it has signed a letter of intent to acquire a Cessna Citation III jet aircraft for its charter operations based in the Southeastern United States.
The aircraft is currently in a pre-buy inspection pending a final contract to purchase. Elite is set to acquire up to three more aircraft in the near term to meet increased demand as its charter operations continue to see growth.
The proposed acquisition of Atlanta based Aircraft Source has initiated a new growth phase for Elite's charter operations in the Southeast.
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EFLT is beginning to show a slight hint of upward pressure building. Not expecting much in price moves but you might want to move this over to your watch list.
Lots of risks involved. Pure speculation, some good news coming out recently.
Be sure to read my previous profile on this stock for some warnings which should not be taken lightly.
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10Q filed on 2-18-2004 reports 146,120,506 shares as of February 17, 2004.
Post Effective Amendment filed 12-16-2003 snippet:
(snipped a lot)
Of the 86,186,445 shares in this offering, 62,158,346 are shares from the 100,000,000 shares of common stock as existed prior to November 26, 2003. On November 26, 2003, amendment was filed increasing shares of common stock to 2,000,000,000 shares. the additional 24,028,099 shares in this offering will come from the additional authorized shares of common stock.
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Michelle Mathis continues with her highly aggressive business approach.
Today's news out of EFLT. Read the full article for specific details.
Purl Gurl
(snipped for brevity)
Mar 17, 2004 Elite Flight Solutions announced today that it has signed a letter...a joint venture agreement with Fina Air, based in Puerto Rico.
Terms of...agreement...to operate three SAAB 340 aircraft for its group charter aviation business. Elite will use the aircraft to handle resort destinations, sports teams....
Elite is increasing its access to more aircraft...growth in its charter aviation business...acquisition of Aircraft Source of Atlanta.
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Quite the bouncing up and down for EFLT today, looked like might dip into the teens but then recovered quickly. Hopefully their jets will have less turbulent rides!
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Purl Gurl, busier than a one legged man at a butt kicking contest.
(snipped for brevity)
Apr 15, 2004 Elite Flight Solutions announced today that it has taken delivery on another Cessna Citation III jet aircraft for its charter operations based in the Southeastern United States.
This aircraft has completed a pre-buy inspection and was delivered to Elites's hangar facility in Sarasota, Fl. Elite has plans to acquire more aircraft to meet increased demand as its charter operations continue to see growth.
The acquisition of Atlanta based Aircraft Source has initiated a new growth phase for Elite's charter operations in the Southeast.
Cinderella, now a lesbian, was spotted piloting an Elite Flight jet headed for the Caribbean, transporting twenty-four gay and lesbian couples for Jamaica's Hedonism III event! Seated next to Cinderella, her lover and co-pilot, Sleeping Beauty!
Rumors have it Prince Charming and the Seven Dwarves are enjoying a private cabin appropriately near the Jet's rear!
Sad news, Mickey Mouse is not in his usual company of Minnie Mouse, having divorced her believing she is F'n Goofy. However, Mickey and Petunia Pig were spotted exchanging glances much like strangers in the night!
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heh, nice try! like most of my stocks though - down despite good news. perhaps will have to spice up the story even more! bought more on the dip today
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Like many of my stocks lately, EFLT seems to keep dropping despite good news, signs of growth and potential profit. Today wasn't pretty - ask down to .135 at the close.
Not sure what is going on - perhaps spillover from the poor showing of JetBlue today? Perhaps jet fuel price concerns, terrorism/flying concerns? Dunno, I am having difficulty figuring things out lately. Just checked edgar online, no sign of any recent EFLT filings - last in February. Makes as much sense to me as HOM being back to 1.45 despite good news.
I am hoping imperious leader will make a showing at some point to help enlighten our 5-watt stumblings in the dark with her, er, 100-wattedness! hmm, being an english teacher I'm guessing she didn't like that word choice, oops!
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Do you all think this is going to go lower? What would be a good entry point. I am watching and learning right now but this seems like it should pop with news, no?
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anyone invested in this stock should read the 4/28 filing. i immediately sold at .011 after reading it: luckily i only owned 15k shares. 200+M outstanding as of 4/22, by the time they're done dumping additional shares will be about a *billion*. talk about massive "d word", ouch.
i still like this company, but at the moment they are looking a whole lot more likely to hit .005 in the short term before they hit .02 again, imho.
as a relative newbie, i learned an important lesson from this one for the relatively cheap price of a $140 loss: spend the 5 minutes it takes to check the latest SEC filings of every stock you own *every single trading day*.
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I'd like to get your opinion (if you'd be so kind) on a stock.
