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Evreything in your post is incorrect. From gomespace to launch...

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Hunterr

5,901 Posts.

1369

11/12/18

17:54

Post #: 36823083
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Originally posted by Senseightynine ↑

The purpose for anies posts is to highlight the high capital expenditure required for this company going forward. There are all these wild claims of 500m to 1b revenue being thrown around and this is all based on what exactly? These MoUs are all with small companies who imo will not be able to support these absurd numbers being thrown around.

The point being, the company needs funding immediately to recommence construction of the pearls (I believe a report said gomspace has suspended work for SAS - correcrt me if I'm wrong) - not just a small cr of 15 million either (which btw was undersubscribed)

Then all future launches are meant to be covered and paid for by revenues from the first batch. But I do not see this happening based on the current list of MoUs and the potential customer list. They need an agreement with a much larger company with the credentials and proven track record that are recognised nationally and internationally to be able to find future launches.

All imo, dyor etc.

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Evreything in your post is incorrect.
From gomespace to launch funded after first batch.
Please do your research befor posting.
you are incorrect in all your post

SAS Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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