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Many companies can adapt very quickly to demand. So I am wondering if those vendors have portable options.
But assisting is OK? Do you think that the BIB is for only tactical defense and not assist in an offensive capacity.
Why draw the line there?
Another thought to consider, is if any of those military aerostat vendors have portable baloons or developing them.
Furthermore, they already have them and the size of the armed forces will be shrinking soon, hopefully.
I say hopefully not because I am anti-military, but glad to see our troops coming home from there.
If they need the blimp to see over the hill and see who's there, then they can't be seen either. Now with the blimp, it one big party.
I was not questioning the ablitities and the importance to uncover and search.
I believe you and others were involved with how many platoons there are and counting the BIBs that would be ordered.
So in my mind I'm picturing a platoon on patrol with this blimp up in the air showing an enemy their position. Plus I was quite clear that I don't know what I'm talking about. An established base is one thing and I see a use there, but there are more platoons than bases, no?
So as a real long investor, not a trader playing the ups and downs here, I am wondering about this?
What else is new? All of their unsold products have been hyped on the website, FOR YEARS.
I have a thought.
Your background is defense industry correct?
What I don't understand is what would the military want with a product that is so visible? I don't know what I am talking about. My knowledge is just from reading the papers and war movies. It seems that all their existing drones are either small or fly so high that you cannot see them. So what is the attraction here with the BIB? Letting your enemy know your position isn't that something you don't want to do whether you’re fighting Talban imbeciles or trained soldiers?
What's your connection to the company?
If only the company could fly it products as well as time does.
2001 or 2002?
Yeah, I am pretty sure that there was a PR before the event that said that S1 was up in the air outside. Do you remember that?
Were you as disappointed as I was?
You were at the S1 show?
I met the guy at a social event. I did not invest with him. I had already been an investor for quite some time.
It's what he told me that fasinated me.
True, like I said before, but my definition of success would be similar to yours. Not a daytrader making a profit if the stock goes from two cents to four cents.
Sometimes the truth can be a hard pill to swallow, don't feel too bad.
All true.
For me though there is something else and for lack of a better word, sporty. It all has to do with a stock broker/penny stock promoter I met by chance who was extremely familiar with the company.
With a name like bankonit, I wood think that you would understand.
This should be compared to winning the lottery. I not saying it won't happen, but to expect success with this company is foolish.
Only a fool would think other than very little.
With the stock price much lower after such a long period of time since back then, in a bull market, it appears most don't see it.
Thanks for the reminder.
Hog is correct to ask. It really means nothing. We still have no customers to use on their network. The key word in your response is potential.
I also would like to know why the excitement on here about this. I would like to know what I'm missing.
Reading the board you would think the satellites are ours.
Pardon me if there has been an answer to this, because I know it has been discussed. The other company that makes the same thing, I forgot it's name, is that the sub-contractor that WSGI used to build the BIB?
So it turns out that our sub-contractor has not just beem manufacturing the BIB for us but apparently been marketing and selling the same thing. As an investor you don't see this as something that would put the brakes on loading up the truck with one cent shares?
It is fantastic news that we sold a few of them, but before we start counting platoons, wouldn't we like to know why they would bypass this company and by directly from us?
It is also not logical, and pretty much down right stupid, not to raise these qustions. We are investors not employees of the company. It looks like we have relabled their product. Do they also sell to the DOD?
Could it be that WSGI uses that company to build the box?
Like, for instance, this is the only contract we hear about for the next 12 months?
I also did something in my pants.
I would agree. I doubt anything will change, income wise, by the end of this year. I hope I'm wrong.
Yes, and a well thought out and informative response, thanks.
And, I would tend to agree. Another year of nothing would be it.
That statement was put in for the purpose that the reader of the financials analyizes them conservatively. Not a good response at all, but thank you.
Indy:
Been following your posts since you been here. And since that time there have been many posts to and from you telling us about all the great things here. Curious, how much longer will you continue to feel this way.
Maybe you can explain why some keep assuming Globalstar's launches mean more sales for GTC. They do not need us. We use their network not the other way around.
I agree, WW works very hard.
You continue to misrepresent yourself on the GTC revenues being tied to GSAT. GSAT could become the equivalent of Google and GTC could still have immaterial revenue.
if you say so.
Would they continue to provide capital for shares if this were the case? On one hand they are providing capital for shares, but on the other hand they're dumping their position because they see a not too bright future. does not make sense to me, unless I am not understanding something.
So you've been saying......and saying!
This time it will be different, trust me?
That sort of thing?
Well you know what they say, fool me once...................