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Now that we know that Kostro didn't sell shares he never really owned(thanks Mide), anyone have any thoughts as to when the upcoming Navy LOE will take place?
You're right. I suggest that you call the auditor or Globetel to inquire about the filing, if you're concerned.
Looks like he didn't own more than 10% and so would not be required to file as stated in Section 16(A).
Yes, and those "stakeholders" currently funding the company no doubt were in Stuttgart, have seen the products, patents, and have met the customers and partners mentioned in the last nr.
Anyone else notice this comment about Iraq in Note 1?
"These risk factors include, but are not limited to, changes in general economic, demographic, geopolitical or public safety conditions which affect consumer behavior and spending, including the armed conflict in Iraq or other potential countries. . . "
Care to share more details of this rumor?
Yes, back down at Alphatrade again - what is going on? Did someone get news a bit early? Why would two different trading outfits both suddenly list such a huge spread?
Edit: Spread just changed to .065/.085 - still a large spread. Was just before this a 7 cent spread between bid and ask (.05/.12) - that has never happened during trading hours.
What is going on???? Alphatrade is showing a 7 cent spread between bid and ask (.05/.12) - I know this is not the T/A board, but this is crazy. I've never seen a spread like that during trading hours.
Yes, poke, this distinguished, award-winning scientist has spent his entire life developing new airship technologies because he wants to dump shares in the German market . . ..
Why would Kroplin sign on?
Answer: Money
Chile? As I recall, there was a reference somewhere about the Skydragon perhaps, indicating that test flights may have occurred over (Northern) Chile. I would add Canada to that list as well.
Tsuguy, I was thinking the same thing. Does anyone here think that one of the airships seen on the video of last week's Stuttgart demo, the one that appeared to be carrying a rather large payload, looked more like the SkySat than the SAS-51?
Nerd, the people who need to know are the customers and partners, which, BTW, may include Homeland Security & the government. Sharing details with your competitors/foreign countries is not wise in the tech field.
jfburk, it's pure entertainment, and nothing else, to read what these "experts" have to say about UAV's!
Somehow, I don't think Rob would leave out the word "potential" in front of customers - just my opinion though.
No, he wasn't there. He knows that they intended to demonstrate at least three airships, but heaven forbid if they weren't up in the air at the same time and he misled any non-investors who await news with baited breath!
Yes, lots of big trades, but then tiny trades to bring it down!
Thanks for both posts, Serious. So, they were demonstrating "at least" three airships!
Excellent research, Nilremerlin. I found these sections particularly interesting:
According to the invention, the method employs a series of steps which allow an applicant such as a U.S. entity or individual (hereinafter U.S. national) to obtain U.S. government approval in order to exploit dual use technologies. In particular, the applicant files an application to the appropriate government agency or department, e.g. the Department of State. The application requests permission to exploit the technology in cooperation with a foreign entity or individual (hereinafter foreign entity). The application avoids the traditional expedient of arranging a sale of the technology, but instead employs a service lease arrangement, thereby technically avoiding exportation of the technology. In other words, the invention is not exported, even if it physically outside of the United States, if its not actually sold to a foreign entity. The service lease is implemented in a lease agreement, the terms and conditions of which become part of the application, and which terms and conditions must be approved by the agency as part of the application process.
[0013]In addition the application describes a compliance policy for protecting the technology. In particular, the compliance policy includes an education program for employees, vendors or other service providers employed or contracted by the U.S. entity. The education program, also subject to approval by the agency describes in detail, the training program for handing restricted technology. The training program would include an explanation of the law and regulations, and the responsibility of each person having access to the technology to comply therewith. In addition, the program would spell out in specific detail, among other things, procedures as to how the technology is to be actually handled; who has access to what; with whom may the technology be discussed; who may physically handle the technology or documentation; what happens if there is a breach of security. These procedures and others are designed to protect the technology and to assure the U.S. Government that the U.S. entity is fully prepared and able to comply with the law and regulations.
[0014]Yet another requirement of the application is an outline of that information which has been pre-approved for disclosure to the foreign entity during any negotiations conducted in connection with the lease agreement. This requirement enables the applicant and the foreign entity to intelligently discuss what it is that is being provided, without disclosing sensitive information. This provision thereby enables the parties to communicate without compromising security.
[0015]In order to implement the service lease arrangement, the U.S. entity and the foreign entity must enter into an operating agreement. This may be part of the lease or may be separate. The operating agreement outlines who will operate the vehicle and what kind of access to the vehicle the foreign entity will have. In the invention, the U.S. entity exercises control over the vehicle. That is to say, that the physical operation of the vehicle is under the control of the U.S. entity or U.S. citizens. These operations include navigation, flight control, emergency decent, control security and validation, and the like.
[0016]Yet another requirement of the operating agreement is an agreement to allow for control of the equipment or payload on board the vehicle. In cases where, for example a camera or antenna is aboard the vehicle, it is necessary to have agreements in place for secure aiming of such equipment. The foreign entity may be permitted to aim the camera or antenna, but may be under certain restrictions in order to avoid interference with other vehicles or facilities nearby. In other words, the payload operations are subject to restrictions as necessary to protect the U.S. national interest.
I agree. This has not been shown on the website. Is it being developed for the military, I wonder?
I do remember that. You were right and he was dead wrong.
Just an opine (to use your phrase), but I think that the Sanswire patents, without even one airship, probably make the pps worth much more than it trades at today.
Most Germans speak English quite well. Rob doesn't speak German and as a shareholder, I don't want them wasting money translating Rob's nrs.
He's probably working on something now - or all weekend.
We've seen several demonstrations of TAO airships - none have involved helicopters. I don't recall that Huff is working for TAO/Sanswire. Perhaps you have different information.
Yeah, three Sanswire execs and a bunch of invitees and members of the U.S. government flew over to Stuttgart for "simulations" - that's a good one!
". . . invitees and members of various agencies of the United States government during a three-day series of meetings and demonstrations occurring in Stuttgart from June 25-28, 2008."
It certainly does. I think some are grasping at straws here, trying to suggest that TAO/Sanswire did not demonstrate airships yesterday in Stuttgart.
And perhaps Sanswire has first rights to certain technologies developed through the Livermore research?
I'm sure that they videotaped the recent controlled flight to 65,000 feet - reported here by Mide - and that all interested invitees will have the chance to see that video in Stuttgart.
Have you seen/met anyone else from Sanswire in Stuttgart? I think Rob is home in Houston.
Thanks, it's not the skydragon, but it looks a bit larger than the SAS-51.
Pagan, did not see the pics of the airship over Stuttgart. Could you tell which airship was flying? TIA.
On the big picture front, check out the price of oil today. Cheap, solar-powered, unmanned aerial vehicles that don't need fossil fuels are looking pretty good here; c'mon U.S. Navy - save us taxpayers some money!
Thanks much, imawswami. Somewhere in the back of my mind, I recall Helmut owning a company that could be useful in this process.
It's likely that TAO/Sanswire would demonstrate a similar test flight sometime during the 3-day demonstration, IMO. Do we have anyone watching over in Stuttgart?
What's with this funny business today? Trades going in under the bid and ask, which is listed as .055/.055 - which is odd enough.
Edit: MM's reading this board? After I posted the above comment, the bid and ask were changed to .051/.055.
I could not place an order today either - and now the bid/ask on alphatrade just changed and are exactly the same - .055/.055 - I've never seen that before.
Truth is stranger than fiction. Absolutely. P.S. Thanks, imawswami, for all of the technical information. Where do you think commercial production of the required thin solar panels will occur and do you believe that some of the patents mentioned in the most recent pr are related to this technology?
Mide, I'm reading between the lines here, but I assume that you knew that this 3-day demonstration would not occur until the SkyDragon had made it to the stratosphere - 60,000 feet - correct?