EXCHANGE INCOME CORP

[THIN CRUST]

http://finance.yahoo.com/news/Exchange- ... l?x=0&.v=1

[FICU]

I wonder who's next on the shopping list.

[THIN CRUST]

Outlook
"Since the start of the year, we have completed more than $110 million worth of acquisitions and still have close to $200 million of available capital to deploy," added Mr. Pyle. "We believe that we can put this capital to effective use in the coming periods by identifying targets well suited for our operations and continue following our disciplined approach to acquisitions to drive further growth."

"Our first quarter results reflect the effectiveness of our business model and the investments we made through much of 2010 to prepare us for the substantive growth we are now experiencing," said Mike Pyle, President and CEO of the Corporation. "Driven by the acquisition of Bearskin Airlines, the addition of our fixed based operations, and the ongoing recovery of our Manufacturing segment, which generated its highest quarterly revenue in more than two years, we increased our revenue by 73% to a record quarterly high of $92.9 million.

"This momentum, combined with the progress we made on the contracts won at the end of 2010 to provide medevac and fuel transportation services to remote communities in Nunavut and northern Manitoba, and the recent close of the WesTower acquisition, effectively position us for a breakout year in 2011."

[fish4life]

I wonder who's next on the shopping list.

perhaps your codeshare with CA might be a hint lol

[FICU]

Code share with CA is just good business. I doubt Norterra would want to give 100% of us away and EIC hasn't bought a partial stake in a company yet. Will be interesting to see who it is as I have heard it's another airline.

[flyinhigh]

I heard that chorus aviation is on the list...

[THIN CRUST]

so jazz/chorus is only worth 200M?

[FICU]

I heard that chorus aviation is on the list...

...on the list to buy a chunk of us... we have heard the same rumor for a while now.

[THIN CRUST]

because of their quarterly report being so good and issued on a Friday, i think on Monday when the markets open and throughout the entire week the stock is going to jump up significantly

Fridays close: $22.50

[THIN CRUST]

And a week later....... $23.70