Johan Eliasch, a Swedish billionaire businessman, and the chairman and chief executive officer of Head, the global sporting goods group, and the former. He also does a lot with the aviation industry, hence his interest in TMPS.
Two Words: "WALL PAPER" and lots of it. Crystal Ball: Johan will NOT pay for the L-1011's, because he already owns them through his ownership in TMPS. Shareholders lose and there is little we can do about it. ZIP. The assets (ALL AIRCRAFT, L-1011's and Gulfstream) will be sold off and this company will be DELISTED and will be NO MORE. That is the sad reality. The NAVY contract will be awarded to the incumbent OMEGA, because the U.S. NAVY does not take a risk on such a shaky company like TMPS, that is another reality.