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"Flyingmonk" wrote in message oups.com... I thought I remember the article saying that they are going through certification or has gone through certification. I'll dig it up tomorrow. If they need money, I'll buy a few shares. I bet many others will also, I think they have a very good product. Bryan "The Monk" Chaisone Lots of companies plan to certify their aircraft, but it is a very expensive and time consuming process. Ask the folks at Eclipse or the folks who have the push me pull you twin and a jet version of the same airframe. Unless you're very well funded, certification is a huge barrier to entering the GA market. My thoughts are that Epic planned to use the cash generated by kit sales to fund certification. Unfortunately for them, that isn't going to happen. Not only does that hurt their cashflow, it has to make investors scratch their heads and wonder "If they screwed up the kit business this bad, can they succeed in the certified market?" My guess is they don't have a lot of investors beating down the doors these days. In addition, they probably have to worry about their 4 or 5 customers (the ones who spent a million bucks on the Epic kit) suing them for failing to keep their promises regarding the finished kits being certifiable as Experimental/Amateur Built. If MY million bucks was sitting in Epic's shop and it was obvious that it would never leave the ground due to certification issues, I'd be all over them to recover my $... KB |
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"Kyle Boatright" wrote in message ... "Flyingmonk" wrote in message oups.com... I thought I remember the article saying that they are going through certification or has gone through certification. I'll dig it up tomorrow. If they need money, I'll buy a few shares. I bet many others will also, I think they have a very good product. Bryan "The Monk" Chaisone Lots of companies plan to certify their aircraft, but it is a very expensive and time consuming process. Ask the folks at Eclipse or the folks who have the push me pull you twin and a jet version of the same airframe. Unless you're very well funded, certification is a huge barrier to entering the GA market. Just wait until China decides to build "certified" aircraft. I deal with Chinese built automotive stuff daily, it is ****. --------------------------------------------------- Dw |
#3
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I guess you have never heard of the Yaks and the Chinese made Migs, not
as bad as one might guess. |
#4
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Darkwing (Badass) wrote:
I deal with Chinese built automotive stuff daily, it is ****. I deal with Chinese-built carpentry tools daily, and they're not. George Patterson Give a person a fish and you feed him for a day; teach a person to use the Internet and he won't bother you for weeks. |
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