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Re: ottoman post# 3530

Monday, 07/07/2008 3:27:37 PM

Monday, July 07, 2008 3:27:37 PM

Post# of 17088
Still looks like they are going to reap the benefits so to speak, without having to issue any additional shares. Obviously if they went the route of trying to acquire the other 60% of AirSur, there would have had to been something given up in return, and I would assume that would have been restricted shares. Doesn't look like AirSur was ready to start landing gov't contracts, so they will keep what they already own, worked out a revenue sharing agreement so that once AirSur is ready, WNRC will be making money there while hedging their investment. Plus we can pursue other revenue producing entities in the meantime who are already bringing in revenue. A change in strategy, but not in direction from what I can tell. Plus, we now know what our relationship (or marketing agreement as it was called back in the day) is now really worth.

My post is only my opinion, I recommend you always do your own DD! I am not a licensed broker or a professional by any means, so take what I say as entertainment value at best.