I've just learned of these within the last year.  I have a friend who
owns an LSA version in New Mexico.  He sent me a description of the plane
in an email recently: 

"The second picture is our airplane called an "Esqual VM-1". It was a kit
from Spain and is now produced in this country as a "Lightning" (shown in
the first picture). Our's was amateur built in Wisconsin with the current
manufacturer of the certified version involved in building and test
flying it. He is also our advisor when we have questions. The lightning
is available as either an LSA version (similar to ours) or certified
version (the first picture shown below). It has an air cooled Jabiru 3300
engine good for 120 HP. There are a few changes to get it into the LSA
Category, but it still has a not to exceed speed of 207 MPH and a gross
weight of 1320 lbs. Empty weight is 750. Not bad for an LSA. Of course,
they have derated the engine by reducing rpm from 3300 to 2800 and
re-pitched a ground adjustable prop.. They have also changed the wing
tips, changed the flap length and the aileron depth to get the low stall
speed of 40 MPH for the LSA. It is a fun to fly airplane and is over
stressed for an LSA. It fly's on less than 5 gal per hour and we can get
120 indicated at all altitudes available for the LSA. That = almost 160
mph over the ground at 10,000 ft. The lightning is specified to do 190
MPH. We are very happy with what it can do. We have had to do some
up-dates like add a 406 mh. ELT, do some accessory work and fix a couple
of minor problems. We bought it from the estate of a friend who died of
cancer. There is a group of five who are the owners under an LLC, non
profit corporation."
____________________________________________________________
Mom 55 dates 25
Breakthrough in Science Makes Mom Look Younger Without Surgery
http://thirdpartyoffers.juno.com/TGL3141/5078fc4656f027c460418st02vuc

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