Mooney Aerospace Group, Ltd. (OTCBB: MASG):
Effective with the opening of the U.S. markets tomorrow, July 25, 2002, the company's common stock will trade under the symbol MASG, the A Warrants will trade as MASGW, the B Warrants will trade as MASGZ and the Trading Units will trade as MASGU. The company was previously known as Advanced Aerodynamics & Structures, Inc. (AASI). On March 18, 2002, the company acquired the assets of the Mooney Aircraft Corporation of Kerrville, Texas, through a bankruptcy sale. Since that time, the company has resumed production of airplanes at the Kerrville facility, received a Federal Aviation Administration production certificate for the facility, and produced several new airplanes. Earlier this year, the company changed its name to Mooney Aerospace Group, Ltd. following the acquisition of the Mooney assets. The Kerrville, Texas-based business unit, Mooney Airplane Company, serves as the production facility for Mooney airplanes and operates as a wholly owned subsidiary of the Mooney Aerospace Group, Ltd.
Website: mooney.com
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