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Here is why our publisher has initiated a position in Northstar Electronics (NEIK):
Northstar Electronics (NEIK) just revealed that they had joined with Sealand Aviation an established multi-million dollar company to assemble, certify, manufacture,service, repair, and market a new turboprop single engine commercial aircraft for the North American market. (Millions in revenues coming!!)
The new company will be named Northstar Sealand Ltd.
Both Sealand Aviation and Northstar Electronics (NEIK) have many years of experience in working with certified commercial aircraft and government military contracts.
The new company will trade under the current ticker (NEIK).
Financial and contractual arrangements are expected to be in place soon with first sales orders and production following.
Northstar Electronics (NEIK) also stated that they plan to get current with its SEC reporting in as short a time frame as possible.
The share structure of Northstar Electronics (NEIK) is superb with just under 58M shares O/S. (This means that the share price may rise quickly with limited shares available).
Factoring in it's share structure our publisher believes that in 6 months NEIK stock will be trading around 10 cents per share, that represents massive percentage gains from it's current levels!
Now is the time to buy shares of NEIK, it is completely undervalued and had been trading near historic lows prior to the news of this new multi-million revenue generating joint venture.
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