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Re: Malone post# 17588

Wednesday, 11/29/2017 11:01:37 AM

Wednesday, November 29, 2017 11:01:37 AM

Post# of 31087
10-Q clearly states the planes are in flyable state. TMPS cannot attempt to fly until liens are removed, that could be any day now. Any airplane could have issues flying at some point. this is an obvious fact that some choose to propagate negative news on. Very sad!


On August 14, 2017, we announced that we have entered into a definitive purchase agreement for the acquisition of six Lockheed L-1011s formerly owned and operated by the Royal Air Force (RAF) of the United Kingdom. Four of these aircraft are specifically configured for air-to-air refueling (AAR) operations and the remaining two are configured for passenger and cargo operations only. Although the aircraft served the RAF and NATO for 30 years until their retirement in 2014, we have completed a successful inspection and evaluation of the aircraft and associated log books and support equipment, and based on that inspection, we believe that the aircraft have many years of service life remaining. The L-1011s have been in flyable storage in the UK since their retirement. We expect to acquire the aircraft in the immediate future by issuing approximately 6,730,769 shares of our common stock to the seller of the aircraft.


Nothing I state is intended to be a recommendation to buy or sell, opinion only. Readers are solely responsible for how they use the information.

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