I was at the AGM and the news was disappointing but I think the reaction was quite overdone and we have to move on and assess things without anger in the current environment .
Based on my very lengthy discussions with the Directors and Management since the AGM, I found absolutely no sign of irregularity.
If you are not happy being an investor, then you should not be (but personally I suggest that you keep your shares at least until the end of 2007).
The stock is not risk free, but in my view it is a very good bet and that is why I have significantly increased my holding after the AGM but only after a substantial due diligence process.
The five milestones you and I should be looking for in the next 12 months (which I have mentioned before) are:
1. CROWS orders (other than US);
2. Space contract with US;
3. CROWS orders with US;
4. Share placement with lead military;
5. Takeover offer by lead military.
Regards Eos
EOS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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