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Re: imgoingfishing1 post# 31185

Friday, 06/01/2012 12:58:32 PM

Friday, June 01, 2012 12:58:32 PM

Post# of 37818
The DOT does require 3 years of Financials, Avstar did file those on their original DOT application. DOT may accept those as current. If they don't then they will ask for new updated info, we will all know if that happens because the request will appear in their on-line file.

I think the bigger problem with DOT and Cuba will be that they are both regulated by Federal Agencies, by having outstanding SEC issues and not filing required financials (10K) they have (Gamber) violated federal rules. By making overflights, they (Gamber) has violated Federal Rules, Twin Air has been violated for this two times. I don't think this bodes well for a company asking Federal Agencies for approvals.

I think the best course of action is for Avstar to get all of their delinquent issues in order to show go faith to the feds. They also need to update their application to show current corporate address and phone.

Just all common sense...

"The cynic knows the price of everything, but the value of nothing"