The protest period is what it is. If this stock was at a buck, I'd be buying based on the evidence thus far, the growth prospects, and the earnings potential. If you wait for everything to line up perfectly, it's usually too late, the move up already happened.
It's been stated by Scott Terry in the past, it all boils down to cash flow, and the cash flow will not increase to healthy levels until the contract officially starts. Johan Eliasch is a minority shareholder, and probably due to the SBA status, he can't just come in and inject millions of dollars in capital. It wouldn't make sense for him to do that anyhow, they still don't have 100% visibility on the contract. Right now it costs nothing to wait. Lawyers, accountants, and other core business needs obviously cost a lot of money, and for a company of this size, while also factoring in the restructuring and the move into the A2A refueling space, their working capital can only handle so much, hence the delinquency. However, the company has been filing an 8K about major developments on a regular basis, they haven't gone completely dark. Because this company is tied to government contracts, they move as quickly as the government does, and for some investors, most of which are impatient, they just can't stand to wait. Also, Scott has indicated that there are numerous opportunities out there, from cargo missions to transport missions. They're not going to spend money retrofitting the planes for a specific mission unless they're 100% sure it's theirs. I have no doubt that they'll get current as soon as they have certainty or visibility.
AI
