First 3.2 mil payment to gomspace for critical design review. Payment to other supplier including Gomspace 5.2 mil is payment for pearls (apparently). My guess is they will pay around 4 mill for the pearls. But this will not cover 16 pearls. They reported that they are discussing for payment restructuring as they have order for 200 pearls. Also they could provide rest from the bank loan. They said they are in advance discussion with an US bank. IMO and DYOR.
SAS Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
