Mooney Airplane Company stock fraud MNYG (OTC BB)
In the early 1980s, the Mooney Airplane Company of Kerrville, Texas designed a six-seat pressurised light aircraft powered by a single 360 hp (268 kW) piston engine, the Mooney 301, which made its maiden flight on 7 April 1983. Mooney was purchased by French owners in 1985, which resulted in talks between Mooney and the French company Socata to build a turboprop derivative of the 301. The result of these discussions was the TBM 700, which was much heavier than the 301 with more than twice the power, with a joint venture, TBM International, being set up in June 1987 between Mooney and Socata's parent company Aérospatiale to design and build the new aircraft. In the designation TBM, "TB" stands for Tarbes, the city in France in which Socata is located, the "M" stands for Mooney.......
On September 5, 2014, a 2014 TBM700 (tail number N900KN) was found to be flying with both pilots unconscious over the Caribbean. The flight originated fromRochester, NY with a flight plan filed to Naples, FL. Two F-15 aircraft were scrambled to trail the flight and saw that the windows were frosted over, leading to speculation that the pilots had been incapacitated by hypoxia as a result of cabin depressurization. The aircraft reportedly crashed off the coast of Jamaica. The aircraft was registered to New 51LG LLC of Rochester, NY.......
Aug 13, 2011 - 27 posts - 20 authors... and released on $2 million bail after pleading not guilty to securities fraud, officials said. ... Laurus Master Fund, Ltd. Eugene Grin Eugene Grin ..... Mooney is an AMRO deal; LH Financial (http://www.lhfin.com) is an investor; ...
Hot sparks are flying in Mooney litigation Sep 5, 2004
The other side
Aug 13, 2011 - 27 posts - 20 authorsLaurus Master Fund, Ltd. Eugene Grin Eugene Grin .... SEGMENT OF POST ATSILICON INVESTOR ..... Mooney is an AMRO deal; LH Financial (http://www.lhfin.
Crashed Plane Linked To Real Estate Company CEO
An "unresponsive" plane that entered Cuban airspace on Friday was registered to a limited liability corporation housed at the same address as Buckingham Properties, a company that describes itself as "Rochester, New York’s largest and most diverse real estate development and property management company."
The AP is reporting Jamaican officials confirmed the plane crashed on the island after leaving Cuban airspace.
According to Buckingham Properties' website, the company owns and manages "more than 60 properties." It is led by its cofounder, CEO, and managing partner, Larry Glazer.
Glazer co-founded Buckingham in 1970. In July, Rochester City Newspaper published a profile of Glazer that began by saying, "Much of what you see when you catch a glimpse of the city's skyline is part of Larry Glazer's real estate empire. His biography on the Buckingham Properties website says Glazer began his career managing a private hedge fund after getting a Master's degree in finance at Columbia University in 1969. He became the CEO of a Rochester-based printing company in 1971 and began focusing on real estate when it was sold 12 years later.
Glazer's biography on the company site ended with a description of his family life and flying:
"Larry spends some of his spare time on the ground – gardening around his house with his wife, Jane; and some in the sky – flying his plane. Larry serves as President of the TBM Owners and Pilots Association."
Business Insider has made multiple calls and sent emails to Glazer and others at Buckingham to ask if any staffers were on board. We have not received a response.
The North American Aerospace Defense Command (NORAD), which had fighter jets escorting the plane before it entered Cuban airspace, said the people on board may have been suffering from hypoxia, or oxygen deprivation. Hypoxia can occur when aircraft cabins become depressurized and supplemental oxygen systems do not engage in time.
This post was updated at 2:45 p.m.
Read more: http://www.businessinsider.com/unresponsive-plane-shares-address-buckingham-properties-2014-9#ixzz3CTOxvMAL
Aug 13, 2011 - 5 posts - 5 authors... protect the guilty ? Mooney Aerospace Group Ltd .... s Cerberus hedge buy Bawag and cover up this ongoing fraud ? How did John Snow's ...