It is important to find out as to how much capital they are going to raise and actually how much money is needed to launch the planned 20 satellites. It is paramount to realize first hand that based on financial reports disclosed by the company a significant amount of any capital they have tend be spent on paying the executives. Considering their operating loss increases each quarter then the question is how long until the next CR? What if the CR is undersubscribed? Logically under normal circumstance future operating cost should increase dramatically...
SAS Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held
