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vibes

09/03/17 5:42 PM

#587 RE: Delta Tango1 #586

"Our agreements with Air Lease Corporation and Jet Midwest Group require us to issue to them additional capital stock whenever we issue any capital stock so that they maintain the same percentage ownership of our outstanding capital stock; these issuances will further dilute our other stockholders in connection with each stock issuance."

10% for ALC and 1.6% for Jet MWG

But ABWN probably got a more favorable contract from these companies for up-front services. Hopefully this will give these companies an incentive to help see ABWN success.