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      Helio Aircraft Company will re-introduce into production 
      two modernized lines of proven special-purpose short take off and landing 
      (STOL) aircraft that were originally introduced in the 1950’s.  The 
      initial product line will consist of two models, the Helio Courier, a 
      single engine STOL aircraft, and the Helio Stallion, a turboprop STOL 
      aircraft.  The Company intends to manufacture, market and sell the 
      modernized versions of these special purpose utility aircraft to general, 
      commercial and military aviation customers worldwide.  
      History of the Company
      
      The Helio Aircraft Corporation began the manufacture 
      of Short (Field) Take Off and Landing (STOL) aircraft in the early 
      1950's, following extensive experimental work that began in the late 
      1940's and a series of flight tests in 1948.The fundamental 
      concept underlying the development of what became the Helio Courier was a 
      desire to develop a very safe STOL airplane that was highly 
      manoeuvrable 
      at slow airspeeds. The element of controllability at low airspeeds was the 
      primary objective of the founders of Helio Aircraft Corporation, a concept 
      that they called C/STOL (Controlled Short Take Off and Landing). Alliance 
      Aircraft Group, LLC was created by the principals of Helio Enterprises, 
      Inc. in early 1997. Helio Enterprises, Inc. is a corporation formed in 
      1992 for the purposes of acquiring the assets of the former Helio Aircraft 
      Company. This acquisition included the FAA type certificates for the Helio Courier, 
       Helio Twin Courier and Helio Stallion aircraft, the Supplemental Type 
      Certificate used to convert the landing gear on the Courier to 
      tricycle gear, and all related tooling and  jigs, drawings, engineering 
      data and production documentation. Although the group made 
      significant progress in realizing their developmental goals, the death of 
      one of the principals of the group required the remaining members 
      to reconsider the future of the project in light of their individual 
      obligations to other business interests. The project was put on hold 
      temporarily, but we are currently working on a plan to put the Helio 
      aircraft back into production under a new corporation, Helio Aircraft 
      Company.  
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