The week ended with us leaving Chicago carrying proposals and briefings from management on all sections of the contract. It will take some time for the JNC and its SMEs to fully vet and analyze this amount of information. It is safe to say that as with any initial offer, we won’t be signing on the dotted line, and a significant amount of work needs to be done. The JNC is studying the proposals through the weekend with due diligence and will reconvene on Monday to begin work on counterproposals. This may take some time, but we believe thoroughness is what you expect and deserve from your JNC.
Reading between the lines, the company position is still the lowball offer they suggested during section 6 openers in April of 2009. Reading further between the lines, no way in hell an agreement will be reached by Dec. 17th.