Originally Posted by
fosters
In thinking about their financial position again, with only $17 million to spread across 55 million shares of stock, that doesn't leave much for the stockholders. So actually, if they blew thru their cash the stock holders would be hosed.
C152 - they "re" lease their aircraft from CAL. So CAL leases them, then releases them to ExpressJet.
There are a couple of us here at AWAC that are into this quite a bit (myself included)... often times tipping each other off with some good info. Let me know if you're interested man.