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1.6¢ sky and space company ltd

Ann: Voluntary Suspension Extension, page-38

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houndstooth99

82 Posts.

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07/02/19

16:56

Post #: 37366620
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Originally posted by entityt: ↑

even the true believers , will be shattered tomorrow , thats if they are allowed to open the doors again ,
i think the suspension will continue , what could another 24 hours achieve , considering they knew for months what was needed , its looked like this for a long time ,,, no one wants to fund this pie in the sky stuff

you need a business to attract investors/funding , not someones dreams , millions wasted on round the world junkets , instead of using the money to build the business/satellites ,several useless MOU's with company's that couldn't buy a box of matches ,

good business management don't go ordering goods that they cant pay for , ordering satellites to be built when you got no idea how or when they are going to be paid for ,

last CR for to build and launch 20 satellites , result of that . none built none launched, in bed with a company who have never done a satellite launch before , another recipe for disaster ,

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I get this feeling as well. I have always been a big believer but management has honestly let us down the last few times.

SAS needs a proper, external and credentialed CFO not only for internal management of funds, but to guide the market through capital markets. It really has been a shambles in the last 12 months...

SAS Price at posting: 5.4¢ Sentiment: Hold Disclosure: Held
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