Did those loan guarantees go directly to Porter only--or are there other loan guarantees for those who invested in Porter--or both--meaning that there might be more loan guarantees involved in this Island Airport venture.

Another related question about loan guarantees. You say it isn't real money--but how do accountants classify loan guarantees on the books of the Federal Government. I would expect those guarantees would be classified as a liability--and in that respect, it is real money. The government has to pay up if Porter defaults.

However, if I were an investor it would be a sweet deal to " back" Porter, if the government was guaranteeing the investment--an investment by the way that ensures success of the enterprise.

Cheers,

Joel Rochon