grimreaper- no, the company doesen't need the money
grim- according to Gordon Hamilton, head of Hamilton Aircraft, he told me that if Barrons ends up not excersing their warrants, it wouldn't be a big deal to GACF. He said that GACF was in much better shape now and has easier access to the capital markets should they need to. By the way grim, I was thinking the same thing about the fact that Barrons might not excercise if the price stays around $1.40 till April. I wonder if GACF will apportion the entire $3.1M profit from the sale of the 12 Aircraft to the Mar qtr, and show a lower EPS for the Dec qtr in hopes that the stock price will stay down till the Mar qtr is announced in May. By then, the options will have expired if Barrons doesen't excercise. Hmmm. Wade
