SAS Chart - Capitulaton? Good Entry Risk vs Reward, page-14

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utahaussie

212 Posts.

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05/03/19

21:25

Post #: 37663412
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Originally posted by Hunterr: ↑

Ok first of all if it’s so bad why you even posting for that should be the question?

Now we do have the money to build the first batch and enough to pay the bills and operational cost for a year.

I’ll confirm this tomorrow when I contact MM and ask him that question.

What they do need money for is to launch the Pearls and if you read the latest reports you can see that they are in negotiations with a US bank.

Last email we received from MM is that,
The last time SAS spoke to the bank negotiations were going well.

But obviously till the money is in the sas account nothing is 100%.
And another thing there is a plan B,C ,D ect so if the money fails to come from the bank to launch they will look at the other options they have and that’s from MM.
I can’t say what other options they have because I don’t know was not told.

What you have to look at is that MM is putting
$400,000 of his own money in this company that alone should be the confidence anyone needs.
He is the man that is getting the funds for sas he knows what is going on behind the scenes this was the hardest money to get this I know by being in contact with these guys.
Now once launche money is secure sas will be in the best position it has ever been in.
Revenue will come from the pearls, new contracts, MOU’S into contracts and when this happens it’s a game changer for SAS good luck seeing the SP even in the teens.
I’ll leave you all with your own estimate we’re it will be.
This is when a telco I believe will want to partner up with sas.
Now what I’m looking forward to is
Money for launch
Placement closed (I think this week )
Insurance
Diamond revenue $1 mill
Virgin orbit test successful
First pears roll of assembly line
MOU
MOU
MOU
Testing of pearls completed
Launch date booked
There are so many good things to happen this year a lot of things need to go right and once they do let the good times roll.
That’s all I have to say goodnight

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I hope you're right, Hunter. Never hoped more. I put in some more so I'm in for the ride. I hope we just hit the bottom of the last hill on the rollercoaster. Hands in the air.all the way up this hill!

SAS Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
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