FORT LAUDERDALE, Fla., May 21, 2014 (GLOBE NEWSWIRE) -- Basta Holdings Corp. (OTCBB:BSTA), an aviation services and logistics management company, announced today that Revelator Analytics has initiated research coverage on the Company.
Revelator Analytics' initial Research Report on Basta Holdings highlights the Company's plans for expansion in several areas which include maintenance, repair and overhaul (MRO) and fixed base operator (FBO) markets in the US and China, international ACMI and helicopter leasing and aircraft sales in China.
The report goes on to cover Basta Holdings' large and diverse growth opportunities in the Chinese aviation markets, high profit margin potential in the ACMI and helicopter leasing markets and long-term, consistent government contracts managed by the company as drivers for growth.
Revelator Analytics is a service of The Wall Street Revelator, which was founded by Andrew and Lynn Carpenter. Andrew has over two decades of successful global investing and research experience and has been chronicled in The Wall Street Journal, USA Today, The Business Journals and Investor's Daily Edge.
Lynn is a world-renowned former editor of The Fleet Street Letter Editor, Oxford Club Wealth Advisory Panel, member and founder of The Rising Tide Value Letter, a highly successful newsletter focusing on high-return, risk-adverse stock value investing.
About Basta Holdings Corp.
Basta Holdings Corp. provides contract procurement, business development and management services in the aviation and logistics industries. The company specializes in management of long-term ACMI leases of fixed wing and rotary passenger and cargo aircrafts and private business aviation, which includes charter, maintenance, overhaul and FBO development and management as well as various auxiliary services. For more information on the company, please visit www.bastaholdings.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. No past revenue or other performance can guarantee the same or better performance in the future. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Basta Holdings Corp.
Fort Lauderdale, Florida, UNITED STATES
Day's Range: 7.01-7.60
Previous Close: 7.60
Market Cap: 27.23M
Day's Volume: 602