Here's my way of looking at the engine lease deal.
Post# of 41413
In order to get the financials current, if there are any skeletons laying around, if there are any items not reported in the past, or maybe not even known by all on the bod at the time, and just now surfacing thru the audit.....GOOD!
And, since I never read this old contract, have no clue what agreements were in place then, nor the time that has gone by to now what may have changed, I'll not guess how much it might cost to make it go away.
This is what we want as stockholders. Clean it all up, take it on the chin like a Man, put it in the past.
Tony has stated vendor agreements are all be renegoiated...ok fine, here's another one....no biggy...hammer it out, take our lumps, move on.
Baltia Air Lines Inc (BLTA) Stock Research Links
To be official soon...