Return-Path: Sender: (Marvin Kaye) To: lml Date: Fri, 07 Jun 2002 10:45:22 -0400 Message-ID: X-Original-Return-Path: Received: from www.dynacomm.ws ([198.22.63.66] verified) by logan.com (CommuniGate Pro SMTP 4.0b2) with ESMTP id 1285632 for lml@lancaironline.net; Fri, 07 Jun 2002 10:14:13 -0400 Received: from [10.0.1.201] (216-234-105-9.ded.det2.hexcom.net [216.234.105.9]) (authenticated) by www.dynacomm.ws (8.10.2/8.10.2) with ESMTP id g57EA6525896; Fri, 7 Jun 2002 10:10:06 -0400 Mime-Version: 1.0 X-Sender: lorn@pop.dynacomm.ws X-Original-Message-Id: In-Reply-To: References: X-Original-Date: Fri, 7 Jun 2002 10:10:05 -0400 X-Original-To: "Lance" From: "Lorn H. Olsen" Subject: Lancair Going a Little Public X-Original-Cc: (Lancair Mailing List) Content-Type: text/plain; charset="us-ascii" ; format="flowed" I read in the AOPA newsbriefs today that Lancair will be raising money by selling stock. See the article below. LANCAIR GETS CASH TO SPEED PRODUCTION The Lancair Company, located in Bend, Oregon, will sell a portion of the company stock and use the money for working capital and additional tooling to increase the production rate to one four-place Lancair Columbia 300 per day by mid-2003. "We've used the interim time period to polish our manufacturing and quality systems in preparation for this ramp up and are very excited about this recent equity round," said company founder and CEO Lance Neibauer. The company has signed an agreement with a New York equity firm for the sale of the stock. Certification and delivery of an upgraded version of the 300, the Columbia 350, is expected by August. The Columbia 350 incorporates fully-redundant electrical systems, new avionics, and an optional full authority digital engine control. A turbocharged version of this aircraft, the Columbia 400, is scheduled to complete certification and begin delivery before the end of this year. Lance, can we, Lancair owners, buy any? If so, How? Sincerely, -- /---------------------------------------------------------------\ | Lorn H. Olsen, MAA, President | mailto:lorn@michusa.com | | DynaComm, Corp. | Voice: 1-248-478-4301 | | 21042 Laurelwood Street | FAX: 1-248-478-4302 | | Farmington, MI 48336-5052 | | |---------------------------------------------------------------| | for info: mailto:info@dynacomm.ws or: http://www.dynacomm.ws/ | \---------------------------------------------------------------/ AKA Lorn H. 'Feathers' Olsen, MAA, DynaComm, Corp. 248-478-4301, mailto:lorn@dynacomm.ws LNC2, O-320-D1F, N31161, Y47, SE Michigan