The chances of default are miniscule, in my opinion. In fact, alternate lenders should be lining up right now in case TMPS would like to refinance.
Add to that the fact that the jets were paid for using TMPS stock, I'd say TMPS stock is pretty valuable about now...
I mean, Tri-Star owns the contract. TMPS owns Tri-Star. How can TMPS shareholders and also the jet vendors be left holding the bag now? If so, that's where the class action suit generators start lining up. That's what happens when the big money comes to play.
I hope no one is short or was waiting to get in.
Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.