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Gold/Mining/Energy : Canadian Rocket Red's Picks

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From: Pied Piper4/22/2011 4:43:51 PM
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AMA (Venture Exchange) - Some Interesting Information.

From the link below, on Page 6.

Aeromechanical Services: Aeromechanical has developed a technology with an enormous amount of promise for adoption in the aerospace industry. The company’s patented technologies enhance safety, efficiency and profitability by providing real-time, in-flight data communications to airlines, including data which saves significant money on maintenance, fuel and scheduling. (A case study performed over 11 months by one soon-to-be-customer concluded that their company could save $100,000/plane/year using Aeromechanical’s systems.)

Dialogue with senior management and the Board has led to some important changes at a number of levels, including the expected addition of a senior airline industry executive to the Board. However, everything for AMS right now comes down to their next generation product, the afirs228. (The current generation product afirs220 has an installed base of about 200.) Once the 228 is complete, adoption is expected by a
number of significant organizations. In the meantime, we wait.

northernriversfunds.com

Piper
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