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kingy

5,249 Posts.

221

03/04/19

20:09

Post #: 37982043
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Originally posted by ape_of_god: ↑

How many ground stations are being used to test the diamonds? How many are required to see the Pearls fully operational? At what cost? Where will this money come from?

Virgin aren't their only option but launching rockets doesn't work the same as calling an uber last minute. This suggest further delays and expenditure of funds that SAS currently do not have.

My holdings and reasons for holding aren't relevant but I'm happy to share. I believe nano sats are the way of the future and SAS has been a leader in their development. There's money to be made in the market they're targeting and from a humanitarian perspective it's a step in the right direction. In the early days the company seemed like a promising investment. My strategy was to dump money on the stock and let it ride, even if it went down with the ship. Now here we are.

Over the years management began to show their true colours. I feel like they've mislead holders and mishandled the execution of their plan. You can call me out as a downramper but I have nothing to gain from ramping the stock either up or down. My words have no influence on the share price. It's just part of a balanced view to call it as I see it. I want this stock to do well but my confidence that it will is gone.

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They only need 2 ground stations...one operating and one is a backup.

SAS Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
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