Excellent points Dak eyes, I think Kroplin with all his "failures" still knows a bit more in this arena than our blast from the past Jet. Also we shall see what due diligence brought Clark and Estrella into the company and prompted Clark's own capital to raise the stakes in a settlement offering to the SEC. Jet has no stake in the matter other than to surround hope and positiveness with negativity. Letting this play out to determine where executive know how, and a research professor from lowly Stuttgart as well as Eastcor tech takes us makes sense for a few months. My bet is with us...

And... there will be plenty of real shareholders to call you out as well Nosy, if the SEC settlement takes place, and the company produces contracts. However most of the real shareholders will bask in the opportunity for profitability rather than proving Nos wrong..

Should we have an official SEC settlement give these two 60-90 days to see what develops. They have a plan in my opinion and that should be adequate time to see it unfold. If developments have not changed I will lean in your direction but they came aboard for a reason now lets see it play out. They could be entirely wrong but their DD led them to believe they can turn the company around.

Oh on that we disagree, I feel confidant that an official settlement with the SEC will justify a larger market cap. I do believe the change of management needs to have the opportunity to right the ship. I don't believe the former SNSR has much to do with the future of this company. I for one am glad that Huff and associates as well as interim management through the SEC fiasco (excluding Seifert for some reason) are long gone.

I believe we will have no idea what potential this company has or whether contracts can be entered until the SEC resolution takes place period. No major entity or investment house will begin to sign contracts or provide funding without this matter being settled and a business plan being executed. I do believe we have two execs at the helm that know this and are working to achieve these goals. Will they be successful? We can't be sure but it is easy to assume they have the best chance of any previous management and believe they can pull it off. Yes I view any penny stock as highly speculative and would never make one the center of my portfolio. That is nuts in my opinion.

Of course he meant the .20's. Unreal how some people interpret for their own bias. He suggested that the potential was 50x with contracts and maturity. What is 50x .085 Jet or Run? Duh

Agreed GS not a snowball's chance of a far reaching contract until settlement is official. Many positive movements in corporate governance to date but it is possible there are more requirements? If we get this official settlement behind us we will know within a reasonable period, say 60-90 days whether we are worthy of contracts? Certainly not until the SEC matter is behind this company can it move forward.

Resurrection is more like it Rag. I think the SEC likes our new jockey and trainer.. All but writing and mutual acceptance of lawyer speak remains in my opinion. The negotiations have already been conducted or we would not have seen the Form-8, again imho.

It is perfectly obvious that we are near settlement Nos, not sure why you would think shareholders with real money invested would not be pleased? Clark has played in the big leagues this 8k was not released as a penny drive false signal.

None of us know the reason the trial was delayed. Could be scheduling conflicts, ongoing mediation towards settlement or a number of other potentials. Whether the scheduling will happen with all parties involved will be a matter to be known in the future not now. Indeed I highly doubt for Huff and Joe M and Vargas the trial does not move forward so I expect it will not be cancelled. However if there is a settlement discussion ongoing anything can happen as indeed the SEC is engaged here in civil action. All defendants may not be given the same alternatives towards settlement nor have economic feasibility for achievement.

Order for trial delay






ORDER AMENDING 260 Revised Scheduling Order. The dates for pre-trial conference, calendar call, and trial are cancelled and shall be reset by separate order. Defendant Lynch's 440 Motion Regarding Attendance at Pretrial Conference and the Petitions for Writ of Habeas Corpus Ad Testificandum 441 443 are denied as moot. This entry constitutes the ENDORSED ORDER in its entirety. Signed by Judge Joan A. Lenard on 9/15/2010. (mhz) (Entered: 09/15/2010)

What private placement? Is there a current private placement in the offing or are you referring to the previous private placement from a couple years ago?

Seifert needs to be dumped from the Board pronto. I realize this is his only compensation and he is probably needing it to finance his lifestyle but what does he contribute? Its entirely bad form to sell shares at this price in such a low volume penny company. Sending an ugly message to already oppressed longs.Clark and Estrella need to do the right thing and rid shareholders of his presence.

"Most importantly, Sanswire is still controlled by Leinwand". Want to bet?

Settlements occur every day for sums far less than amounts prosecutors ask for in lawsuits! Gulp!

Just wishful thinking on your part again Rag. If the SEC truly seeks suspension at this time it would mean they cared not a wit about protecting shareholders for three years. Would in addition leave the SEC vulnerable to a shareholder class action suit. Discovery and interrogatories aimed at their complete ineptitude for allowing continued financial's, investor funding, allowance of transition to the OTC, etc. Practically allowing the allure for future shareholders without a care in the world. This case has been aimed at the actions of Huff, Joe M, Vargas from the beginning. They have held mediation and discussions towards settlement with the company. We have no idea what dollar figures have been discussed. We do know the company has embarked on a business plan and relationships which have no history with the allegations directed by exhibits and witnesses for trial.

Agreed GS, I think they have connected those dots. My assumption is that we would have already made more progress in housecleaning? Any thoughts as to the hold up?

mediation and settlement with the SEC....though 60 days is not set in stone just anticipated.

Well one of us will say I told you so within the next 60 days imo... My guess it is me but if it is you no animosity just admittance I was wrong.

I would never suggest making this speculation or a basket of penny stocks for that matter any more than a small percentage of any portfolio. Hopefully most investors are more astute than that and realize that this is a gamble that while having ample potential also has reasons for being priced so cheap. I certainly would not wish people to risk their futures or retirements on one issue in penny land. On the other hand if you can afford the risk some penny stocks can be fun vehicles for gain. Each to their own.

Interesting and I thought Estrella and Clark were quite remarkable resumes for executive potential. What is your level of expertise to be so sure these two are misquided? How in the world can you a blogger assume to know more than they do? My estimate is their due diligence and access to tangible information as well as expertise circumvents your own?

I would presume they knew plenty of people in the aeronautical universe to discuss their intentions. Their involvement in such sizable funds through Fidelity and Chase certainly gave them ample opportunity to access high mindedness in all the industries you mentioned. Though I could be wrong and they should have read these blogs instead.

Lots of Maybe's... or perhaps just maybe they did their due diligence and ascertained viability and a market for this product?
And of course if the SEC is in the business of shutting down companies with no revenues or an unsuccessful product perhaps we should list at least fifty biotechs for their first assault? I can name several that make reverse splits an annual event and still survive. At any rate you have no stake in this issue other than emotion and opinion, best of luck to you and also to those that have capital riding on the outcome.

Under your hypothesis you are claiming that Estrella and Clark are aiding and abetting fraud. I'd urge a little more rationality in evaluating these people and their resumes.

Agreed GS, let us hope that our new leadership is making that day their immediate priority. I can't imagine it is not.

Oh yes I have bought more. The history of suspended stocks just does not follow the scenario you portray. Go back and check Nerd's links the may provide some illumination.

No not persuasive at all, logic dictates that if the SEC had wanted to protect investors from continuing the purchase of SNSR stock it would have happened closer to the actual allegations of wrong doing and before giving the company a chance to adequately catch up on financials. The matter will settle, simple logic.

This matter will SETTLE!!!!!!! If trading were to be suspended would have happened eons ago!!!

You are certainly entitled to your opinion and nothing of the past indicates otherwise. However these resumes seem genuine and I highly doubt these two execs are here to leave IRS payroll taxes unattended. Will be interesting to see how it plays out but my bet is they focus on real business and revenue.

Yes curious there is so much confidence in paying the debts and salaries? Betting on the come line?