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Re: Pagan post# 128914

Saturday, 04/30/2011 12:08:33 AM

Saturday, April 30, 2011 12:08:33 AM

Post# of 157299
The end game is to promote business in Fla, in the space industry sector, as the Florida Space mandate states. This is seed money, any future cash will be funding. Probably with the $200k folded in. As the company buys back the data, so they can use it.

Note the term awarded a contract, in the PR. Florida Space will own nothing except the test results as I see it. This announcement is showing the company now has seed money to proceed with testing. And future capital (funding up to $1.5 million) needed to manufacture & sell, if test prove a viable product.

All good news. No dilution to sell stock to raise capital. Very smart management, with Fla. government connections.

NO VC funding mentioned yet, but they are rasing the AS from 500 mill to 750 mill. So typical OTC funding deals in the future are part of the business plan. Thats when we get some good runs to trade.

Right now management built share holdings and are getting a steady income on profits from scheduled stock sales at doubles mostly.
http://ir.stockpr.com/wsgi/insiders?qm_page=38976
Work your way up the list of transactions.
These guys are smart ! IMO

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