at this stage they are useless , because we do not have the infrastructure in place to support any of those MOU's and what i dont like about a lot of them , they are with company's that have less money than us , and thats saying something lol
none of these things are binding contracts ,,, even if we get 20 pearls up and tested these people can just say i dont like this and walkaway ,
even if this was to succeed its years and years away from being a profitable business if ever ,
remember its pitched towards people and countries that arnt as well off as us here so that means their will be no premiums paid just basic payments , in my opinion decent revenue will be very hard to come by
there is one thing and thing only thats needed and its money , so we can at least get started ,
we are reading a lot about space/satellites , so i guess the smart people are also reading about it ,
what i dont understand is , if our technology is so good , surely gates /branson etc would use some pocket money and fund this thing , ?
or is it only us poor shareholders who think its a great idea ?
they been trying to get this funding for over a year now ,, the last CR to fund the 20 pearls has gone up in smoke ? quarter 1 2019 thats been replaced with the words in 2019
SAS Price at posting:
5.2¢ Sentiment: None Disclosure: Held
