Ann: SAS Secures US$1.1 million Convertible Loan, page-66

Gosh
This loan has nothing to do with the one for launch my gosh
They got 1.1 million
They are going for 10 million for launch
And if they don’t get that they will piggyback them on another carrier for fraction of the price.

Will SAS now go try get 10 mill that’s needed to pay operational cost and globasat?

Or will they just try get another 4 mill now and do another CR later?

That’s the decision Meir is making now.