REFLECTOR: Velocity Aerospace - rumor control

Tue Feb 28 07:30:32 CST 2006

Thanks Scott,
Good news to know.
I didn't know that the KPC were being updated anywhere.

Thanks again,
Kevin

At 05:00 AM 2/28/2006, you wrote:
>Good point.
>KPC's are issued independently from the newsletter now.
>A flash is included on the front of the web page bringing attention to a
>KPC.
>The KPC itself is published in the Builder's Contruction Manual Section.
>Best regards,
>Scott
>
>----- Original Message -----
>From: "Randy Wharton" <rwharton at buckeye-express.com>
>To: "'Velocity Aircraft Owners and Builders list'" <reflector at tvbf.org>
>Sent: Tuesday, February 28, 2006 1:02 AM
>Subject: RE: REFLECTOR: Velocity Aerospace - rumor control
>
>
> > Scott,
> >
> > I know what you mean about it being hard to get a newsletter together.
>When
> > it's time for me to contribute to my college division's newsletter, I'm
> > usually the last to write anything, if I do at all.
> >
> > I agree with the guys that it's great to get VV's, but the most important
> > thing to me is the KPCs, and if there aren't any new KPCs, the Reflector
>has
> > plenty of **Views** to keep me occupied! Don't get me wrong, I still want
>to
> > see more VVs, but thankfully we have a constant flow of information
> > in-between.
> >
> > Randy W.
> >
> > -----Original Message-----
> > From: reflector-bounces at tvbf.org [mailto:reflector-bounces at tvbf.org] On
> > Behalf Of Richard J. Gentil
> > Sent: Monday, February 27, 2006 11:20 PM
> > To: Velocity Aircraft Owners and Builders list
> > Subject: Re: REFLECTOR: Velocity Aerospace - rumor control
> >
> > Thanx Scott for that report.
> >
> > Richard
> >
> > P.S. Herding cats is still better then trying to give one a pill! ;-)
> >
> > Scott Baker wrote:
> >
> > >Watching what is akin to a firestorm of questions, comments, criticisms
> > >and 'wonderisms' on the Reflector - I think its best to share some
> > >background on Velocity Aerospace and its connection with Velocity, Inc.
> > >1. Other than the Velocity On-Line newsletter being very late - nothing
> > >has changed at Velocity.  We are hard at work shipping new kits;
> > >customers are coming to the Velocity Service Center for builder support;
> > >builders are attending the Velocity Flight Transition Training Program;
> > >we are getting geared up for Sun 'n Fun (which is taking a lot of
> > >effort!); parts are being shipped; Velocity is working with unique
> > >sections of the flying world with Proxy Aviation Systems on UAV airframe
> > >development, and the Rocket Racing League in providing the first
> > >generation of Rocket Racing airframes; Velocity is slooooly working
> > >through its priority of things to finish in order to free Scott Swing to
> > >begin work on the Twin Velocity project; and the sky is not falling.  We
> > >are looking forward to Velocity Builder Expo in May in Dallas - the
> > >factory is a big supporter of the program (both financially, and in
> > >providing factory speakers).  In other words, Velocity, Inc. continues
> > >to dedicate itself to providing builders with kits, parts, Head Start
> > >training, flight training, and technical support.
> > >2. Duane Swing has opening talked about his desire to retire and to sell
> > >his assets in the business.  Years ago he published a short report in
> > >the Velocity Views - going so far as to solicit Velocity builders as
> > >possible investors.  The company has been working with an individual
> > >(not a Velocity builder), who has expressed an interest in certifying
> > >the aircraft in Asia - and selling completed aircraft to buyers in large
> > >numbers.  Velocity Aerospace LLC is an outgrowth of this plan.  Velocity
> > >Aerospace LLC is selling stock to raise money to augment private money
> > >that apparently is promised for this new venture.
> > >3. Velocity, Inc. and Velocity Aerospace, LLC have signed letters of
> > >intent - however there currently exists no contract between the
> > >companies, and there have been no exchange of monies.  In other words,
> > >there is an idea on the table - which is still an idea.  Nothing has
> > >happened in regards to selling the company - which is why there have
> > >been no news releases on our end.  Velocity Aerospace, LLC is sending
> > >press releases speaking of an 'imminent' purchase of Velocity, Inc.
> > >because they wish to attract investors.
> > >4. Velocity Aerospace, LLC is only interested in developing a certified
> > >version of the Velocity.  Should they purchase the company - which
> > >remains an uncertainty - kit production and support would go on as
> > >normal, with Scott Swing and Scott Baker and other key people still in
> > >place.  Duane on the other hand, plans to enjoy retirement.
> > >5. The Views have not been publishted because getting Velocity staff to
> > >write articles is like herding cats.  Don't read anything into its being
> > >late.
> > >
> > >Everybody back to building!
> > >SB
> > >
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> > >
> > >
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