this is not true... 2.21 mil was allocated in June-18 Q for launch and satellite cost...
besides in October cash at bank was 5.51 mil + 870 k rebate - 2.1 mil est. cash outflow = 3.4 mil cash at bank ...
this is clever strategy to get the price down to allow big investor to come in. internals not happy to allow institutional investor at this moment to get in for long time....
they want to give heavy discount to short time investor launch 20 satellite in orbit increase SP price and then kick short time investor out and get retail investors in....
SAS Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
