IAHL Corporation (IAHL)

[stockrat]

Mr Bays might not have the ability to stop it regardless of what he says or thinks. It all depends on how the contracts are structured.

In any event, IAHL should be entitled to compensation if Thrush pulled out and it wasn't IAHL's fault.

And if the deal still can be pushed through due to the contracts, it gets a whole lot more interesting.

Furthermore, what is the status of the real estate deal? One would assume that it was part of the Thrush acquisition, but there is nothing definitive either way. It's not uncommon for a company to sell it's real estate and maintain a long term lease for what they use. It returns capital to the company for expansion as well as allows for some other accounting advantages.

There are just a whole lot of things that aren't answered and the forward direction isn't at all clear to me at this point for IAHL. At least with Thrush, there was an apparent plan and a method to execute that plan. For all we know at this point, they could be looking to buy a cupcake factory.