I am will not hold the stock at any price. The thing about this stock is that the more you dig deeper into it the more more you find parts that do not fit and simply break apart when put together. You and people like you obviously never try to dig deeper beyond anything stated on the brochure.
The most fundamental, supposedly, core business of SAS is leasing their satellites for payment. The only ones capable of leasing the satellites would be telcos and no one else. Beeptool is merely an app developer that offers an app for people to download and use in hope that some may be stupid enough to choose to use the paid services for reasons that make no sense. The same people that pay telcos in order to be able to have internet connection and for beeptool to be of any use to begin with. Beeptool is not a telco and thus has no capability even if they want to, to rent the satellites because they do not own the data connection infrastructure, only telcos do. Essentially, beeptool has absolutely zero financial reason to pay SAS anything. In light of this, that 30mill deal makes absolutely no sense whatsoever. You guys know this and hence why you all are adamantly trying to shoot down the messenger instead of the message.
For what purpose is beeptool paying SAS? Obviously not to lease the satellites to relay any data because the data is not theirs to relay, the telcos do that. This is as clear cut and dry as it could possibly be. It is concerning that people are not even critical of the fact.
- Forums
- ASX - By Stock
- SAS
- E mail from BeepTool
E mail from BeepTool, page-573
-
-
- There are more pages in this discussion • 344 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SAS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online