SAS 0.00% 1.6¢ sky and space company ltd

Ann: Voluntary Suspension Extension, page-34

  1. 5,655 Posts.
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    One of the biggest reasons why they change direction was because virgin orbit will not be ready and will not meet the deadline for the launch thats expected by SAS.

    So instead of twiddling there thumbs they chose to go global where they have a better chance to grab a hungry market for
    M2M and IOT.

    Now it looks very bad how they went about it I agree 100%
    And MM leaving.
    With MM leaving there could be a few reasons
    1: Could now not meet his targets for him to get the performance shares. So he got upset and left.
    2 : did not want to change plans and disagreed with Meir.
    3: the very little money he did get for the CR
    (Although it was his job to get all )
    Through his connections he did not want to look the fool by changing the plan.

    Either way I had a few dealings with MM and all I will say he might not of been the best candidate
    For sas getting the money.
    He has too many things going on SAS need someone that can spend the whole day on SAS not part time.

    I will wait to hear if anything is released to the market that is satisfactory To my liking to see what I will decide what to do.
    Meaning pulling out my CR money or not.
 
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