I got scammed on this one too. I only came on board in January with the placement at that time. On the webinar I saw, the CEO said multiple times "we’re about to enter a Capex holiday" and there was also information provided that the current satellite clusters would start generating cashflow and any future launches would be funded from that. Yeah, right... There is no way I would have touched such a traditionally capital-intensive business if it weren't for those statements, which clearly weren't 100% truthful. Hmm, there goes my $.
KSS Price at posting:
10.0¢ Sentiment: None Disclosure: Held
