The story
The company was formed by Wilf Stark in 1997 with the successful first flight of the Eureka. The aircraft was intended to fill what Ameri-Cana perceived as an under-served niche in the market - an inexpensive ultralight that was also quick to assemble. The Eureka was initially sold complete, including an engine, for US$6000 and could be assembled in two weekends.
The prototype Eureka first flew in August 1997. The company then commenced manufacturing and marketing kits.
In 1999, reviewer Andre Cliche said: "The kit sells for $6000, which is amazingly low when you consider that this number even includes the engine, propeller and basic instruments. I wonder if they will stay in business for long with such a low profit margin?"
After introduction, the price was increased to US$5000 for the airframe alone, estimating that it could be completed for US$8000 total. The company ceased providing kits in July 2003, stating "The Eureka has been withdrawn from the market due to lack of resources."
From Wikipedia’s article on Ameri-Cana Ultralights, shared under CC BY-SA 4.0.3