Tuesday, April 02, 2019 10:04:50 PM
I don't understand why if $NEIK wishes to build in-house systems for aircraft or be an MRO provider, they need to obtain worldwide rights to an aircraft type.
If $NEIK wishes to be an in-house systems builder, they can do that without obtaining worldwide rights to an aircraft type.
If $NEIK wishes to be an MRO provider, they can do that without obtaining worldwide rights to an aircraft type.
I was going to email Wilson today to ask about this, but upon reflection my questions told me a couple of things:
- $NEIK doesn't have a real idea of the systems it wishes to build
- $NEIK doesn't have an MRO market strategy
- $NEIK likely doesn't have access to the cash to accomplish either of the above
Issues which go well beyond the current balance sheet.
https://ih.advfn.com/stock-market/USOTC/northstar-electronics-inc-qb-NEIK/stock-news/79597164/annual-report-10-k
If $NEIK wishes to be an in-house systems builder, they can do that without obtaining worldwide rights to an aircraft type.
If $NEIK wishes to be an MRO provider, they can do that without obtaining worldwide rights to an aircraft type.
I was going to email Wilson today to ask about this, but upon reflection my questions told me a couple of things:
- $NEIK doesn't have a real idea of the systems it wishes to build
- $NEIK doesn't have an MRO market strategy
- $NEIK likely doesn't have access to the cash to accomplish either of the above
Issues which go well beyond the current balance sheet.
https://ih.advfn.com/stock-market/USOTC/northstar-electronics-inc-qb-NEIK/stock-news/79597164/annual-report-10-k
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