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Author Topic: EFLT........Micro movin!
lilpennypincher
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MOVIN UP!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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lilpennypincher
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go baby!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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BULListic
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Hasn't traded today and no MM's on it in L2??

--------------------
I may be wrong, but I don't think so....

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sunny
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volume up today.
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sunny
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holding...increased volume after lull....keep an eye on it. Could move on up to 0018-0027 range again. IMO. [Smile]
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sunny
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...and back up to 001...forming a nice candlestick.
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Agrimac
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grabbed a few at 0010
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lilpennypincher
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yeah, creeeeepin' up slowly. I picked up a little. I like these little sirprizzes'! I think this will be one.

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Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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Golf Money
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Been waiting for it to move. Go!
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madmoney
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watch out 1 for 100 R/S in the works, no date announced yet.
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lilpennypincher
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Yeah, we know. This is just a quickie.

And it's not like they are just going to R/S, Like you have said.....no announced date yet.

IDVL has been setting a date for quite a while. Have you seen its runs.

Just a quickie here guys.......play it and move on.

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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Agrimac
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does anyone see an uptake this week
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sunny
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I have some of this, too....think the MMs are playing with it though...IMO

Happy trading!

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sunny
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.0008 now... 100 mm share signals
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sunny
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just jumped to 0015!!!!
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sunny
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back down to 0009....stupid MMs
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sunny
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okay...back up to 0012...something is up imo
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sunny
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.0014...
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sunny
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0015...too funny.
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sunny
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0017
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kt325ci
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They filed an 8K today. Too busy to read it. Don't if it's good or bad.
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sunny
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for Elite Flight Solutions Inc Back to SEC Filings




SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

------------------

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) of the
SECURITIES EXCHANGE ACT OF 1934

March 17, 2006

ELITE FLIGHT SOLUTIONS, INC.
----------------------------
(Exact Name of Registrant as Specified in Charter)

Delaware 001-31231 26-0003788
-------- --------- ----------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

710 Third Street, Suite 200, Roanoke, Virginia 24061
---------------------------------------------- -----
(Address of principal executive offices) (Zip code)

(540) 345-3358
--------------
Registrant's telephone number, including area code:

Not Applicable
--------------
(Former Name or Former Address, If Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))


ITEM 2.01. COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.

On or about March 17, 2006, the Board of Directors (the "Board") of
American Air Network Alaska, Inc. (the "Company"), a Nevada corporation and a
majority-owned subsidiary of Elite Flight Solutions, Inc., a Delaware
corporation (the "Registrant"), confirmed its belief that the Company, without
the Board's and/or Registrant's prior knowledge, consent or authority, entered
into an Assignment and Assumption of Air Ambulance Services Agreement and
Consent (the "Assignment"), effective July 29, 2005, by and among the Company,
Security Aviation, Inc., an Alaska corporation (the "Assignee") and
Yukon-Kuskokwim Health Corporation ("YKHC"). Pursuant to the Assignment, the
Company assigned to Assignee, and Assignee assumed from the Company, all of the
Company's obligations, duties, rights and benefits and agreed to be bound by all
the terms and conditions set forth in that certain Air Ambulance Services
Agreement (the "Contract"), originally dated July 30, 2003, by and between
American Air Network, Inc. ("AAN") and YKHC (such Contract subsequently had been
assigned by AAN to the Company effective as of July 30, 2003). The Contract is
silent as to consideration. On July 29, 2005, a deposit in an amount equal to
One Million Dollars ($1,000,000) (the "Deposit") reportedly was made to the
Company. According to legal counsel for Doug Gilliland, General Operations
Manager of the Company, said Deposit was consideration for the Assignment, and
it apparently was used, without the knowledge, consent or authority of the Board
or Registrant to pay off certain expenses. The Contract was the Company's
primary asset, having an estimated value exceeding a remaining balance of Ten
Million Dollars ($10,000,000). The Registrant and the Company's Board currently
are working together and investigating the actions of the Company's management
and the events surrounding the Assignment, including the current status of the
Deposit.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(a) Not applicable.

(b) Not applicable.

(c) Exhibits No. Description


Exhibit Description Location
------- ----------- --------

Exhibit 99.1 Assignment and Assumption of Air Ambulance Services Agreement and Provided herewith
Consent, effective July 29, 2005, by and among the Company,
Security Aviation, Inc. and Yukon-Kuskokwim Health Corporation
Exhibit 99.2 Assignment and Assumption of Air Ambulance Services Agreement, Provided herewith
effective July 30, 2003, by and among American Air Network, Inc.,
the Company and Yukon-Kuskokwim Health Corporation
Exhibit 99.3 Air Ambulance Services Agreement, dated July 30, 2003, by and Provided herewith
between American Air Network, Inc. and Yukon-Kuskokwim Health
Corporation


2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

Date: March 22, 2006 ELITE FLIGHT SOLUTIONS, INC.

By: /s/ Bruce Edwards
-----------------
Name: Bruce Edwards
Title: Chief Executive Officer

3


EX-99.1
2
ex_99-1.htm

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Agrimac
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Thank you Lilpennypincher & Sunny I jumped off at 0.0018
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sunny
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Yeah for you.
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Agrimac
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Correction sorry it was 0.0015 I got out at again thanking you
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sunny
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mms are all over this one...5000 share signals to bring it down again...probably to go back up with the candlestick being formed today. IMHO

Congrats! I've played a couple of times now... [Big Grin]

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sunny
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keep an eye on in morning. imho
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sunny
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Good morning...just bringing this forward...upticking now.
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sunny
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.0015...hit 0017 yesterday...last run was about 0027 if I remember correctly...this is not a long term hold.
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sunny
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eod activity again...watch it
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Agrimac
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Sunny
Have you any thoughts on EFLT ads they have gone down again

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