One may think that some of 1600 satellites may perhaps pass over the equatorial belt. When Musk gets his satellites up it’s going to smash Iridiums revenues, so what about the revenues of this SAS system? Imho, it’s obvious to me that funding in the face of all the upcoming fully funded competition is going to be one monster hurdle to get over. I would like to see Michael Malone change from being non executive to executive Chairman. Remember that non execs only provide suggestions to the board, they do not make decisions.
SAS Price at posting:
6.3¢ Sentiment: Sell Disclosure: Not Held