sorry bill, yes you are right, and i did make my decision based on 2011
my arguments are the same - we could easily see nothing much having happened by then - conversly of course we could see last year and this as distant memories of earlier struggles - but for now, and based on the very scant info provided to date, there is nothing to suggest that a great deal will change - more (!) funding for commercialisation efforts appears to be the only thing consuming the thoughts of this management - - how about some final certification sign-offs for instance...? - these fundamental matters still sit before us before any serious contracts can be awarded - factor in the long lead time for any defense departments acquiisitions, and again, it could be some way off...
don't get me wrong - i hope the oppies are in the money, because my heads most certainly will be turning great multi profits if they are - but for now this train is still de-railed as far as i can see - they lost the stated schedule of 12 months ago and have made no positive steps for restoring it - we are receiving no ground-breaking news, we are receiving no statements that the house is back in order - so as far as any prudent risk assessment goes, these guys already have had their chances, they have burnt but not totally destroyed bridges with many investors, and only those who can afford to waste good money to keep plugging the holes in this ship of ours can continue ploughing cash into this too long an exercise for a tech that should have been on battle fields five years ago... - clearly other interests have worked and worked successfully at stalling and preventing this tech from coming to market
anyhow, i choose this time to not allow myself the luxury in this instance of risking more cash - i have other companies that i know my money will turn profits from in the meantimes otherwise - but for now, i want more runs on the board from MST - a few centuries backed by several half-centuries - and a clearly re-invigourated management team before more of my cash goes into their till again
sometimes you just have to say enough is enough - give me more before i give you more - and until i get something back first, they ain't touching another red cent of mine
good luck
sorry bill, yes you are right, and i did make my decision based...
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