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New Startup Airline Seeks Funds By Crowd Sourcing

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New Startup Airline Seeks Funds By Crowd Sourcing

Old 24th May 2021, 14:29
  #81 (permalink)  
short flights long nights
 
Join Date: Aug 1999
Posts: 3,254
Originally Posted by Max Tow View Post
From Q & A:

"If I make a contribution to brad will I receive any shares or securities in the company?"
"No You are not entitled to any shares or securities in brad. You are only entitled to your FREE future Golden Ticket rewards".


Could this be interpreted as telling those paying in that they're not investors or lenders, they are just members of the public buying rights to tickets. Joking apart, is that in effect selling tickets, and if so, is it actually legal for a would-be operator with (presumably) no licences?
Question for Consumer Affairs perhaps?
SOPS is offline  
Old 24th May 2021, 22:45
  #82 (permalink)  
 
Join Date: Jul 2010
Location: Asia
Posts: 1,228
Here’s a link to the CASA fees page.

https://www.casa.gov.au/about-us/rep...dards-and-fees

The charges aren’t too bad for the expertise involved, and seem like a bargain when compared to what the lawyers and accountants would be invoicing.

A new start up airline also needs to employ its own “set up” team for the required post holder positions such as Chief Pilot and Head of Training etc. Preferably people with experience in starting an operation from scratch, and they don’t come cheap either.


With the amount of money he’s raised he might be able to get into a lawn mowing franchise if he took on a lot of finance.
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Old 25th May 2021, 16:45
  #83 (permalink)  
short flights long nights
 
Join Date: Aug 1999
Posts: 3,254
So I see we have a new person ‘ involved’. With 22? With 22 years of Cathay behind you... why would think this was a good idea ?

Edit to say.. checking today ( 4 June) it seems that DL and others are no longer on the web page.

Last edited by SOPS; 4th Jun 2021 at 02:18.
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Old 6th Jun 2021, 11:36
  #84 (permalink)  
 
Join Date: May 2016
Location: Sunshine Coast
Posts: 357
Originally Posted by tail wheel View Post
Or Plan B: A great p*ss up in 33 days, 18 hours, 44 minutes and 18 seconds?
It seems brad has redone his timeline. The grand reckoning now comes in 208 days, 4 hours, 25 minutes, ...
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Old 6th Jun 2021, 12:48
  #85 (permalink)  
short flights long nights
 
Join Date: Aug 1999
Posts: 3,254
And it seems that DL and others are no longer on his web page.
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Old 6th Jun 2021, 15:35
  #86 (permalink)  
short flights long nights
 
Join Date: Aug 1999
Posts: 3,254
It gets more confusing.. it just reset to 38 days..I guess he needs a good BBQ.
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Old 6th Jun 2021, 20:38
  #87 (permalink)  
 
Join Date: Sep 2019
Location: HKG
Posts: 324
The whole idea of launching another airline in this environment is confusing.

Last edited by Green.Dot; 6th Jun 2021 at 21:35.
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Old 6th Jun 2021, 23:32
  #88 (permalink)  
 
Join Date: May 2016
Location: Sunshine Coast
Posts: 357
Originally Posted by SOPS View Post
It gets more confusing.. it just reset to 38 days..I guess he needs a good BBQ.
It's all over the shop, including spelling mistakes. Where he's got 'Tiers of Travel' that should be 'Tears' shouldn't it?
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Old 7th Jun 2021, 00:17
  #89 (permalink)  

Victim of a bored god

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Join Date: Jan 1996
Location: Utopia
Posts: 6,760
I'd love to know how he convinced 32 people to donate A$16,861.25. Sounds like a good business scheme!

Of course, with his own web site even those figures could be a figment of a fertile imagination.
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Old 7th Jun 2021, 12:11
  #90 (permalink)  
short flights long nights
 
Join Date: Aug 1999
Posts: 3,254
His whole front page has changed. It’s now just about him, and how he is going to build an airline.
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Old 8th Jun 2021, 07:18
  #91 (permalink)  
 
Join Date: Apr 2004
Location: Up The 116E, Stbd Turn at 32S...:-)
Age: 79
Posts: 2,943
Devil

I ABSOLUTELY AGREE WITH Mr Pinky... #80

ABSOLUTELY 'F'N' OBSCENE.. !!!!

Did I make myself CLEAR???

(OH, to be 'in charge' just for one DAY......)
​​​​​​​
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