Spotlight Capital Holdings Inc (SLCH)

[Lesson Learned]

Just did some checking on lease cost of a Cessna 208B Caravan, which is the plane slated for use for the Naples Connection, as verified to me by email from Henry about 8 weeks ago.

Checked on a 1985 Cessna 208B, the lease (three year lease) is,
Deposit $75,000.00, Monthly $15,000.00, there is also a $75.00 per flight hour fee. If flying to 4 new destinations, round trip, 4 times per week (as allowed by DOT Charter Rules), the per hour fee could add between 9 and $10K per month to the lease cost.

Thats just one older plane. It would really be nice to see a business plan here. I don't see how AAVG can pull this off without partnering with another entity.

I noticed a comment about the possibility of a merger or buyout by Berry. I think the time for a relationship with Barry has come and gone, IMO AAVG has burnt those bridge by their actions over the past 9 months. There is absolutely nothing that AAVG has that Berry needs or could possibly want at this point.

Lets not forget that we still have the SEC Demands that were ignored, what further action could that bring in the future? We also have not paid the DOT fines apparently, will DOT bring further action (poss the loss of Charter/Air Taxi Authorization) if not paid? Can't just keep ignoring these agencies without your world falling apart someday.

AAVG had the world by the b*lls last November, they had so many opportunities in front of them. They pissed everything away.