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mdimport

04/02/19 10:04 PM

#8500 RE: wenttocalifornia #8499

I don't understand why if $NEIK wishes to build in-house systems for aircraft or be an MRO provider, they need to obtain worldwide rights to an aircraft type.

If $NEIK wishes to be an in-house systems builder, they can do that without obtaining worldwide rights to an aircraft type.

If $NEIK wishes to be an MRO provider, they can do that without obtaining worldwide rights to an aircraft type.

I was going to email Wilson today to ask about this, but upon reflection my questions told me a couple of things:
- $NEIK doesn't have a real idea of the systems it wishes to build
- $NEIK doesn't have an MRO market strategy
- $NEIK likely doesn't have access to the cash to accomplish either of the above

Issues which go well beyond the current balance sheet.



https://ih.advfn.com/stock-market/USOTC/northstar-electronics-inc-qb-NEIK/stock-news/79597164/annual-report-10-k