THIS IS TO ADDRESS SOME OF THE CONCERNS OF MANY OF THE STINSON OWNERS IN THE GROUP.

WE HAVE SPENT A LOT OF TIME ON LOCATING THE LOCATION FOR OUR FACILITIES., , PEOPLE INVOLVED, POLITICS,FAA REGS, TRYING TO COMMUNICATE WITH THE POLES, SOURCES OF OUR PMA PARTS, EXISTING INVENTORIES. THESE ARE ALL THE PIECES OF THE PUZZLE THE BUSINESS PLAN WAS STARTED EARLY ON AND WE ARE HAVING TO MAKE CHANGES AS WE GO ALONG. WE REALIZE 5 MIL TO START IS TOO LIGHT. WE ARE UP TO 8 MIL.PART OF THIS WILL BE GRANTS, BONDS AND LOANS, SOME OF WHICH WILL BE PERFORMANCE ORIENTATED

WITH A PROFIT AND LOSS STATEMENT AND OUR PROFORMA ( CURRENTLY BEING REFINED BY THE SBA AT UNCC, CHARLOTTE), WE WILL BE ABLE TO CONTACT OUR LIST OF MAJOR INVESTORS. IF WE HAVE OUTSIDE HELP FROM FRANKLIN USERS, THAT WILL MAKE OUR EFFORTS WITH OUR INVESTORS EASIER.

WE ARE READY TO FORM AN LLC, WHICH WILL BE EVOLVED INTO A CORPORATION AS WE APPROACH OUR INVESTORS.

OUR EFFORTS WITH THE FAA (BURLINGTON MA.) AND THE US DEPT OF COMMERCE HAS DIRECTED US TO USE A INTERNATIONAL LAWYER FOR DISCUSSION WITH THE POLES (ROMAN SADOWSKY) REGARDING PURCHASING THE TC'S OR DEVELOPING A LEASE (DOLLARS PER EACH ENGINE). CURRENTLY LOOKING FOR THAT LAWYER NOW.

SINCE WE WILL HAVE 750 DRAWINGS OF ALL THE PARTS FOR FRANKLIN ENGINES INCLUDING THE MILITARY AND HELICOPTER ENGINES, WE INTEND TO DOMINATE THE SPARE PARTS BUSINESS AND SINCE THE POLES HAVE PRODUCED NOTHING SINCE 2002 (9 YEARS),WE WOULD WORK WITH THEM AS A DISTRIBUTOR AS WELL AS THEM REALIZING A FINANCIAL GAIN WITH OUR LEASE, BEATS ANY THING THEY HAVE DONE IN THE PAST 9 YEARS. WE WILL USE HONEY INSTEAD OF CONFRONTATION..

WE HAVE A VERBAL AGREEMENT TO PURCHASE FRANKLIN ENGINE, FT. COLLINS, INCLUDING INVENTORY AND STC'S, ALSO SEVERAL INVENTORIES OF PMA PARTS IN SEVERAL LOCATIONS THAT WILL EFFECTIFELY ALLOW SUSAN TO OFFER THESE PARTS TO FRANKLIN USERS AT FAIR PRICES.

OUR R & D DEPARTMENT OF THE NEW COMPANY WILL EMBARK ON DEVELOPMENT OF A 300HP -350 HP ENGINE FOR THE LIGHT TWIN MARKET WITH OUR OWN TC. THIS WILL BE SUITABLE FOR SKYLANE, BONANZA AND OTHER HIGHER PERFORMANCE AIRCRAFT.. THIS WILL TAKE TIME AND MONEY TO DEVELOP A NUMBER OF NEW STC'S BUT WE HAVE TO DO IT.

CONCERN RE: ACCESS TO CESSNA (TELEDYNE - LYCOMING - BELL HELICOPTER) CONSIDER ALL THE OLDER CESSNA 172'S THAT COULD DRASTICALLY OUT PERFORM A NEW CESSNA 172 WITH OUR 220 ENGINE.. WE WILL OWN THE STC'S, SO YOU CAN BET WE WILL DO EVERY THING TO SECURE THE DATA PLATE FOR THAT ENGINE. WE HAVE NOT EVEN SCRATCHED PIPER'S SURFACE YET.

INSURANCE HAS A QUESTION MARK---ONE OF MY ASSOCIATES OWNED ONE OF THE LARGEST CASUALTY INSURANCE COMPANIES IN THE TWO CAROLINA'S AND WE ARE RESEARCHING THIS AT THIS TIME.

TWO VERY FRANKLIN EDUCATED A & P'S ARE BEING CONSULTED AND HAVE INDICATED INTEREST IN BEING A PART OF OUR ORGANIZATION

FOR THOSE WHO ARE ABLE AND WANT TO HELP US FINANCIALLY, WE WILL WORK OUT A PROGRAM TO REWARD THEM EITHER INTEREST ON THEIR MONEY,
STOCK IN THE NEW COMPANY OR RECEIVING PARTS FOR THEIR ENGINES.. WE DEFINATELY WANT TO REWARD THOSE THAT HELP US.

ANY ONE WITH FURTHER QUESTIONS, I WILL BE HAPPY TO ANSWER YOUR EMAILS, OR FEEL FREE TO CALL ME 704 451 9807

MY REGARDS TO ALL OF YOU IN THIS DISCUSSION

GEORGE GILLESPIE