This budget indicate real flight's by end of July IMO.

During 2011 and into 2012 we continued to finance our operations through the issuance of our common stock. Until revenue operations begin, our monthly expenditures for administrative and regulatory compliance can be controlled at about $100,000-$200,000 . Based on current reserves we believe we have sufficient capital to support our development stage operations through the end of 2011.

In 2012 we plan to raise $5 to $8 million in additional financing in order to support revenue flight operations. Based on our prior experience with certification and current preparations management believes that the launch budget, previously reviewed by the DOT, will be adequate to complete certification and to commence flight service. Approximately $1,500,000 is budgeted for certification tasks, and $500,000 for general and administrative expenses.

http://www.otcmarkets.com/edgar/GetFilingHtml...ID=8547689