If it just business as JL stated and to be done at the least expense why an LOA in the first place? The company needed something otherwise they would have just opened a bid for the two FDA's. Let the cards fall and see if this is it or will the company come back to the table. Haven't they been talking about opening a European domicile for a couple of years but could not work out the tax issues. After visiting CAN everyone, including the company reps, realized that no one in their right mind would agree to living in that rat-hole without some serious compensation. The company lets the NC say lets look at HKG and then can say we are giving you something.
Negotiations are like buying a house, take the asking price and deduct a minimum of 20% to start your offer, except in this case you add. According to what the MEC has told us, the company came with their LOA and basically said take it or leave it - it was their final offer. That is not a negotiation.
The LOA offers no enhancements in my simple minded view and therefore we can live without it. If enough people are so inclined to bid it after the LOA fails then we have shown the company we are as dumb as they thought we are and they are right - we don't have any special skills.
On a side note - I did like the part where JL mentioned that 727FE's may be able to hold WB Capt if this is shot down. Is he trying to get it to fail