what really stinks to me is the fact that theyve been banging on & on & on about revenues of between $600,000,000 to 1 Billion.. Now this isnt loose change in anyones pocket, So why, as stated below the need to "open up new marketstand new potential for revenues"
Isnt a billion enough...??
this concerns me...
Commenting on the company changes, Sky and Space Global CEO Meir Moalem saidthe company had identified a growing demand for IoT and M2M services over the lastfew months. “The SAS team has reacted to that demand and we are now planning tolaunch a global coverage constellation as a first step. This will open up new marketsand new potential for revenues, strengthening us on our path toward a real-time communicationsnetwork,” Moalem said.
SAS Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held