Our system posted a BUY-IF today. The previous SELL recommendation was issued on 09.26.2006 (7) days ago, when the stock price was 0.0012. Since then SBTG has fallen -16.67% .
The last two candlesticks formed a Bullish Engulfing Pattern . This is a bullish reversal pattern that marks a potential change in trend.
Posts: 204 | Registered: Apr 2006
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posted
SkyBridge Technology Group, Inc. (''SBTG'') Announces Its Subsidiary (Sierra Pacific Aviation, Inc) Has Been Given the Green Light from the FAA Regarding Its Part 141 Pilot School Business Wire - October 05, 2006 09:00
LAS VEGAS, Oct 05, 2006 (BUSINESS WIRE) -- SkyBridge Technology Group, Inc.'s (OTC:SBTG) Board of Directors has announced today that its subsidiary Sierra Pacific Aviation Inc. has been given the green light from the FAA regarding FAA internal review of Sierra Pacific's submission to become a Part 141 Pilot School. "This is great news," said Sierra Pacific VP Scott Hughes. The San Diego FAA Flight Standards District Office (FSDO) contacted Sierra Pacific at the end of September, informing Sierra Pacific that the Certification Services Oversight Process (CSOP) was going forward. Hughes estimates this will speed up the certification process from a six-month endeavor to 90 days or less. "Coupling our Cirrus FITS-based training curriculum with Jeppesen proven Part 141 Syllabi, we should have few hurdles in CSOP," Hughes added. Part 141 Pilot Schools are certified by the FAA after a rigorous review process. Hughes, who has been an instructor under Part 141 prior to co-founding Sierra Pacific, explained that continuing oversight of the FAA and the higher standards imposed on 141 Pilot Schools will give Sierra Pacific the ability to endorse students for flight exams with reduced hours, opening up GI training eligibility and certain scholarships and student loan programs.
States James Wheeler, CEO of SBTG, "We are pleased at how Sierra Pacific continues to upgrade its training programs. By upgrading the quality of the training program and decreasing the certification process, we feel it will entice more individuals into our flight training school, thereby increasing the revenues from this part of the business."
Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of STGI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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This one is slowly and steadily increasing, which I will take over the stratospheric rise and asteroidal crash back to earth. this is still a great entry point as the chart looks like it could go much higher still.
Posts: 204 | Registered: Apr 2006
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posted
SkyBridge Technology Group, Inc. 'SBTG' Announces Its Subsidiary (Sierra Pacific Aviation, Inc.) Has Signed a Management Contract for a 2006 Piper Meridian 10/12/2006 13:09 SkyBridge Technology Group, Inc.'s (OTC: SBTG) Board of Directors has announced today that its subsidiary Sierra Pacific Aviation Inc. has been awarded an additional aircraft management contract for a 2006 Piper Meridian. The Meridian is a single engine turboprop aircraft that seats six and cruises at around 280 miles per hour. "This aircraft represents another niche in our operations," said Brent Neville, President of Sierra Pacific. "The Meridian is ideal for 250 to 500 mile legs with 3 to 4 passengers, and up to 800 mile legs with 1-2 passengers," Neville continued. The $1.8M machine will be managed by Sierra Pacific and utilized for air charter and private operations for the corporate owner.
Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of STGI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases. Thursday October 12, 2006 3:37pm ET -- U.S. Markets Close in 23 minutes
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-------------------- "What we have here is a failure to communicate". Posts: 226 | From: TX | Registered: Jun 2006
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quote:Originally posted by JimSC: Because the float is small, only 29 M shares, it took only 8 trades to jump from 8 to 9. In a few days when consolidatin is done, SBTG will fly.
pps .0018 with bid .0016 X ask .0018. Thanks alot JimSC for the heads up!!!
And its still lunch time. I'm ready to see her fly later in the day.
Go SBTG!!!
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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