Ann: Placement for $10m Closed Heavily Oversubscribed, page-59

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kynan333

703 Posts.

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04/05/17

08:11

Post #: 24457461
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Originally posted by hkc ↑

Coming back to the foreseen Placement when I brought this to this board attention end of March. As I wrote already at those times what is the reason that the management went down this road eventhough the visitors of the meeting with SAS a view weeks ago received the answer that this is not necessary?!?!?

The management is long enough in the business to understand that the risk that something will go wrong is from my point of view around 90%. 90% chance that the launch fails, the satelites might not work as foreseen, the software has issues and so force and so force.

They know that this would delay heavily the project and that right now with the pushed share price this is the last chance before the launch to built on a back up plan as I mentioned this alread around 6 weeks ago.

Taking the high risk of failures and potential heavy delays in the project everyone should make up his mind where the share price will be in a view weeks.

As I have foreseen the placement I do state here clearly that we will see issues / problems in the next weeks and it will not work out 100% positive as the uprampers would like to make this everyone believe.

We will see very fast lower share price levels in the next weeks!!! Only my opinion based on long lasting experiences.

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Did you just say our software has force? Cool

And just wondering if you based the launch fail on the 100% success rate of other launches from the rocket we're using and the successful operating satellite that our management built or something else?

I wish you many more long lasting experiences old wise one

Last edited by kynan333: 04/05/17

SAS Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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