NEIK is a Fully reporting, super low float, Aviation stock trading at a penny and set to take off the Runway!
STOCK SYMBOL: NEIK
NEIK Northstar Electronics, Inc.
Trading on the OTCQB
NORTHSTAR ELECTRONICS, INC. is a public company, trading under the symbol NEIK on the OTCQB marketplace. NEIK has been a FULLY reporting company since inception 18 years ago (in 2000) and has really shown its fiduciary duties to its strong shareholder base. By only issuing roughly 90 Million shares while never doing a reverse split is a feat in itself. Then, the company has carried out design and manufacturing contracts for various divisions of Lockheed Martin Corp. NYSE: LMT, including LM MS2 (Submarine Command and Control Consoles), LM Canada (Naval Anti-Terrorism System), LM Aeronautics (Mechanical parts for the P-3 Orion Airplane), and L-3 (Navy Frigate Command and Control Consoles).
NEIK has designed, manufactured, and sold its own sonar-based systems. In the past few years, NEIK has worked towards re-establishing the company in the key areas in which it has excelled in the past and, thereby, to grow the company bigger and stronger than it was previously. To that end, NEIK President Wilson Russell has ensembled a world-class management team.
In 2015, NEIK became the majority owner of a newly formed company, Northstar Sealand Enterprises Ltd. (NSEL), and, since then, NSEL has constituted the operational side of Northstar. In 2017, NEIK will be approaching institutional investors and venture capital companies for the funding needed to grow the company. As well as exploring funding opportunities through certain government support programs.
Company Highlights for 2017
Northstar (NEIK) has formed a new corporation, Northstar Sealand Aviation Ltd. (NSEL), in partnership with Sealand Aviation Ltd. Our goal is to manufacture, sell and service a turbo prop, single engine industrial airplane and aviation products to North American and international markets. We are currently negotiating with a subsidiary of one of the largest defense and space companies in the world to purchase all intellectual property and full global rights for a newly redesigned single engine Turbo Prop airplane.
The airplane has long been a superior performing aircraft for Agricultural and Aerial Rapid Response Fire-fighting applications. An updated design for the aircraft incorporating many new advancements and technologies will secure its position as a market sectors performance leader in efficiency, safety and productivity. Northstar (NEIK) thru NSEL will manufacture and market the airplane. Sales are forecast to grow to over US $28M annually in five years, verifying a fairly large market. An operating profit is forecast for 2019.
For Investor Relations, contact Rich Kaiser, YES INTERNATIONAL, 757-306-6090
For Corporate Communications, contact E. Cruz, Cruz Capital Advisers, 800-972-1656
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