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Monday, November 10, 2014 12:54:46 PM
We have provided TransCanada with delivery instructions and will seek to redeploy our AOT Equipment under a new lease or with a new customer. Arrangements have not yet been made and we can offer no assurances that our AOT Equipment, once returned to us by TransCanada, will be redeployed.
Is this quote about management speaking as of September 30, or can it be management speaking now, upon date of release of the document ?
If the answer is "as of September 30", I find it interesting that having already provided delivery instructions, the AOT is still there 6 weeks later. I would then think that this sentence is just good tactics, and simple enumeration of the terms of the contract, vis-à-vis TC who on September 30, has not yet committed about what would follow the lease termination, and to make a statement that STWA would pursue with or without TC.
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