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Northstar (usa)- Imp (ns)


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Hey Biggles!


Yes, it looks like the wheels are turning. I'm hearing from good sources that we are about to see a takeover of Vector by Ken Rowe at IMP and Northstar Aerospace. It supposedly has enough shares to install its own board.


Also saw an interesting article in the National Post this weekend. It says senior executives at Vector Aerospace, Mark Dobbin, chairman and chief executive, Paul Conway, president and chief operating officer, and Max Parsons, chief financial officer, were to be paid $35 million! The company doesn't have enough money to pay them!


Apparently ACRO was one of the only companies within Vector to actually be doing well financially, but overall Vector's other fixed wing companies were not.


Here's the link to the story in the National Post.



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Thanks Mike, that confirms exactly what I heard and have been hearing since late spring (in the tentative "hostile take-over" threat days). My my, gimme 35 mil (heck just the one or two) and I'd be quite happy :up: - hehe The board fellas are definitely no fools, tiny or not !

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