Spotlight Capital Holdings Inc (SLCH)

[Lesson Learned]

Bashing? More like being realistic...

Remember Twin Air was not profitable when owned by Gamber and Twin Air went into bankruptcy. Why should it be different now, they can't fly additional flights until they get DOT approval. Twin Air can not support Avstar, too many liabilities without suffient cash flow. They can't pay the former auditor, can't afford to repair planes (remember they are paying a lease on 5 planes that sit mothballed), they are right now flying two leased from Air Charters LLC and one from Aztec. They apparently can't even afford to update their website, which was promised to us months ago. Also, with the additional cost of DOT fines, notes coming due this year, I'll stick with my statement.

Without DOT, given the way Avstar stands now, there is no future.

What happens the next time a plane requires an expensive repair or is due for the FAA required majors. Do they drop another plane?

Call it bashing, I really don't care. I find it more realistic than the pumping that has been going on here.

I seem to recall not that long ago you repeatedly saying that Avstar was headed for bankruptcy, has there been a major change we don't know about since then?