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baldeagle9999

09/29/10 9:06 AM

#194927 RE: Sparce #194926

If Jeff gets his funding then it certainly must be based on a business plan and the acquisitions signing on to it because there isn't really much beyond that. However, what has Dean done with our money and what promises were made? THESE are the things we need to worry about.

I think the funding has always been about the business plan and the acquisitions. We would never receive $350M or any other amount just to keep a flight school and plane repair shop going.

When things fall into place it won't matter what Dean did with the funds to date. Campared to the gains to be made I don't think people will remember those losses for very long.

JMO
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Investman432

09/29/10 9:58 AM

#194950 RE: Sparce #194926

I agree. Its naive to believe a new CEO can just "execute the business plan" -- as if the baggage of the past has disappeared and lenders are chomping at the bit to lend to wrecks like QASP. The company is dragging around contingent liabilities for claims about Dean's false and misleading press releases. Its easier for me to believe this is a tag-team event to keep a P/D going than a bona fide attempt at company building.