Everything you post, @PeterKing, normally is high quality and factually accurate. But unfortunately you make a big mistake in this post. To say there was never an intent to generate revenue from the 3D didn’t reconcile with my recollection so I checked the releases. The opposite is actually true. The intent long before they started construction was to sell all available bandwidth to Sat-Space. In fact, Sat-Space signed a binding LOI back in March 2016, over 18 months ago. The intent was to always generate revenue off the 3D.
I know you don’t intend to be misleading so I thought I would ask for your thoughts on the inaccuracy. I appreciate your sober reflection on SAS and would not like to see you fall into boosterism.
SAS Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held