I would like to raise a simple point that spacelink is worth...

I would like to raise a simple point that spacelink is worth nothing without the cash to build the constellation of which the commitment is 700m us. They will raise debt but need at least 30% in equity. This is more than our market cap. They will also get pre ipo funding from various capital markets participants but ultimately they need to sign the customers in order the get the funding. Right now spacelink is just a presentation on PowerPoint and a spectrum grab burning a hole in our pockets with a bevy of highly paid execs probably not doing much. We need our highly paid and credentialed execs to sign a customer up. If the business case is so compelling then show us something. I hope there is more of an update then things are progressing at the results presentation and some hard questions are asked.