SAS 0.00% 1.6¢ sky and space company ltd

E mail from BeepTool, page-762

  1. 6,681 Posts.
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    Beeptool, through the agreement with SAS, claims that they are going to pay SAS 6 million/year for 5 years.

    The question is what is that amount of payment for? Obviously not connection because of how beeptool works. If not connection then what? What is the payment for? Very dubious.

    Another question would be how beeptool is going to pay that amount of money if they need to fundraise for just even 1k? How terrible is the cashflow that a company would need to fundraise for such paltry amount?

    Why is beeptool raising money through the appeal of SAS and SAS attempting to use the appeal of beeptool to spruce each other’s appeal? Very alarming I would think. How credible is the agreement could possibly when there is such massive conflict of interest. Two fundraising startups sprucing each other? Both established around the same time no less.

    I think I need to reiterate that from what I understood of SAS business model, the only way for SAS to make money is if a telco would hire its satellites and decides to relay a ton of data through the satellites. So beeptool has absolutely no business paying SAS anything just like whatsapp do not pay telstra to have their app working in Australia. Very weird.

    Then we have posters here asking to pump up beeptool artificially....emphasize on artificially...or promote donating...

    Believe in the company? Is that really the answer here?
    Last edited by aniesbaswedan: 06/05/18
 
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