A $1,000,000 deposit has been placed in Escrow.
A LOI is a standard practice, just like they signed with Kalitia for the 767.
Our BOD is not going to enter into a bidding war if that what you are thinking...this is moving forward per the 8-K.
Non-binding, refundable if the deal does not go thru...ok, that's the cup half empty viewpoint.
This thing was very close to being inked on May 11.
This is real...smell the roses?
Overly optimistic speculation, creates unrealistic expectations, resulting in extreme disappointment.