Pretty stupid logic if you think about it. Commercial demonstrations? Is producing revenue and actual discernible product not the best commercial demonstration there is? It would have been, so the explanation that management gave clearly make no sense. Revenue would have made a massive impact to the SP that would allow SAS to secure more funding. It makes no sense to me that they wouldn't do it if they could.
As for current financial situation, how is it possible that management think that everything is on track to launch mid 2019 when, from what I can tell, they clearly do not have the funds to build let alone launch the pearls? They also still owe gommspace, if I am not mistaken, to the amount of 2 million euros or around 3.2 million AUD.....
Everything plays out like I said it would from the beginning to the very dot. Very interesting to see if the company would make it pass 2019...
SAS Price at posting:
5.4¢ Sentiment: Sell Disclosure: Not Held
