We'll see BRR, I've seen this all before you realise; I'm not holding my breath that we'll actually see this investor come through and I don't think the rest of you should either, what with the Assure Fast Holdings issue. There was meant to be a high degree of due diligence in assessing whether Assure was indeed a genuine investor in the company. The Board were responsible for making sure that due diligence was applied at that critical time. We still do not know who that shady character was, or who he was actually representing! What was the agenda? Probably to run us into the ground or to let the stock slide to the point where it's attractive to whoever is waiting in the wings.
Basically, there is very little reason, based on historical performance, to have a high degree of confidence in this company, aside from their capacity to hang-on independent of all the slipped deadlines, empty promises, and other b.s. that's been going on for years.
I'm sure at some point we'll be privy to the whole story, and how Lee's hands were tied on a number of occasions, but I can only form conclusions on the information that I have.
Now if only we could hear something about Mach 5/50. I'm sure DARPA have been a bunch of busy little beavers with that tech, not to mention the indications from people close to the know that Raytheon is already employing MST in their frill neck lizard interceptors.
MST Price at posting:
0.1¢ Sentiment: None Disclosure: Held
