Earnings report out******

They highlight record revenue year over year.....

Very quietly mention addition of southern air later. In addition to:

-increase liabilities
-alarming substantial decrease in cash
-20 million in mx apparently pushed into 2017 Q1....their words imply.
-overall decrease in revenue per block hour almost completely across the board.

Here's a thought. Negotiate an industry standard contract= substantial decrease in training costs after a year, sustainable expansion, increased revenue with the ability to actually pilot the existing fleet aircraft.

Mngmnt response.....court papers.