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Pathetic, Rory stays quiet all summer while his shareholders get raked over the coals, and now he's back tweeting and doing interviews.
Nothing wrong with this picture. smh
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Jethro Tull was my second concert a few months later.
He put on a great show, and I saw him many more times after that.
The last time I saw him was at Foxwoods casino in Conn. and he sat for the whole show because he hurt his knee, disappointing to say the least.
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Around the same time I was attending Jethro Tull and Grateful Dead concerts.
Brings back memories, that was my first concert in 1976?
$5.50 a ticket, I still have the stubs somewhere.
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Damn you're as old as me.
[Suppressed Image]
Shorts will be all over this stock on Nasdaq with their paltry income.
Ted is correct, grow the company first, then look to uplist.
As of now, there is zero reason to believe FUSZ is a growing company without consistent sales to prove it.
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Institutional investors won’t be touching this stock at all.
How did the dream team credibility work out?
.0006 LMAO
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Trust me, I look at EVERYONE'S credibility!
I believe the next shareholder conference call is Thursday, perhaps Foley could explain what happened to all these promises from the January shareholder meeting.
NTEK Annual Shareholder Meeting Notes - January 2018
Plans in the works to have a weekly update and quarterly call to update shareholders.
Agreement in place to settle Longside settlement. "Just need to write check."
Rod Riegel knows principals of K2 and D3. Making contact with them over next few weeks to address those settlements.
Regarding Caveat Emptor:
-needed Board of Directors to submit paperwork. Now that Board of Directors was voted in and in place, they are submitting paperwork with transfer agent to remove caveat emptor. Also hired legal help who specializes in Caveat Emptor.
Rod Riegel - new UltraFlix CEO.
-has calls with LionsGate and Paramount this week regarding
-strong relationship with “the Big 6”
-”significant chunk of work already done. Many movies already remastered etc. As a result as we sign & finalize contracts we can go live with movies the next day.”
Myron Nash - running Ultra Media Group
-will help get into traditional offerings as well due to his background
-going to big brokers
REVENUE PROJECTIONS
2018
-$13M Revenue
-$3M Gross Profit
-$1M Net Profit
2019
-$38M Revenue
-$29 M Gross Profit
-$11M Net Profit
*projections above account for paying back ALL investment debt
Funding from $21M Bridgeport financing will commence this month.
-straight loan with 2 year pay back term
-all funding should be in place over next 2 months, again with first half in place January 2018
-”$21M will let us to do everything in plans laid out today”
-they have the right to a board member if desired once fully funded
*Additional $26M expansion budget is more or less immediately available for new commitments and M&A’s BEYOND what was discussed today.
HOW DO WE ACHIEVE THOSE REVENUE LEVELS?
Ultraflix: will remain Pay Per View
-2018: 1.5M Users (currently 530K users)
-2019: 5.0M Users
Iron Dragon TV: subscription based model
-2018: 50K Users
-2019: 100K Users
Rev TV: subscription based model
-2018: 50K Users
-2019: 175K Users
*Revenue plans based on projection of getting 2 rentals/year per user. But could very well achieve 3-4 rentals per user per year with A-list content.
AUDITS & UPLISTING
-audit is $250k cost
-would allow for uplist to OTC-QB/QX
-will occur when revenues can justify making this investment, but sounds as if good
-uplist to NASDAQ requires showing $10M in profits, likely won’t happen this year
ACQUISITIONS
-plan to acquire studios down in Hollywood
-studios do not like films being physically transferred up to San Jose (San Jose office moving to Los Gatos)
-as a result will be focusing ALL TV & content work in LA
-looking to acquire a color studio that focuses on color & HDR
-also looking at acquiring two technology companies
NEW HIRES IN THE WORKS
-CEO & CFO for Nanotech. Not named yet.
-second half of 2018: full time social media employees
-New accounting firm out of East Bay
STUDIOS
“Studios primarily care about one thing: getting a sizable check upfront”
>preliminary contracts with:
-Sony
-MGM
-Lions Gate
-Universal
Again, Ron has relationships with the Big 6 and making inroads to help skip the initial “wooing” process
>focus is on getting new releases ASAP
Typical rental relationship with Studio is 60/40 (60% of rental profits to Studio and 40% to NTEK)
We are in a unique position where we can remaster videos for studios to better quality that they can then re-press to new DVD’s & BlueRays, letting them sell previous content all over again in “Brick & Mortar” fashion. Through this proposition, we can reduce the $50K per movie guarantee a Studio would normally charge for access/licensing of a film down to around $5K per movie for a minimal guarantee. Unique to NTEK thanks to 4K Studios. Other companies like Deluxe would charge $250K to remaster movies
Paramount contract
-300 movies at moment, but all older
-adding new releases and David & Ron are “hand picking” other films from older era selections
Hybrik
-they allow us to use left over inventory from Amazon
-we only pay for the time we’re encoding
-time to encode down from 18 hours per movie to ~15 minutes per movie
Sony DADC Deal (owned by Sony but separate company)
-digital distribution house
-they have some of the biggest bandwidth
-will let us get fiber drops much closer to end user
-big upfront cost, but will ultimately let us reduce cost of movie delivery to user from current $0.65 to $0.12 per movie/user. This is SIGNIFICANT.
4K Studios
-Focusing on two things:
1)Improving recoloring process
2)Recoloring entire library in HDR so that when we launch 3.0 everything will already be in HDR. Massive leg up on competition. Most other streaming providers just take film from studio and upload it to their network without any kind of re-touching or quality improvement. UF is 100% focused on quality over quantity and it shows and manufacturers & studios are picking up on this!
-Enough internal work to be done at 4K studios that will not be taking any external work over upcoming year+ beyond licensing deals that we’re working.
IRON DRAGON TV:
-we 100% own Iron Dragon TV
-again, subscription model only
-all movies in HD already
-if user wants 4K, will have to access through UltraFlix
-200 titles currently in library, looking to add 100 more each year
-Janell Smith will help with getting rights to theatrical movies from China, exclusive to UF
-anything Janell has (i.e. live fighting events, etc), we will be able to stream and then archive
-we will likely never stream UFC fights since they own rights to their own network and plan to keep that way
REV TV
-separate product, but 100% owned by NTEK
-curation of videos, documentaries, movies, etc. you would find on channels like Discovery, Velocity, etc
-”one stop shop place to get all auto video in 4K”
TV MANUFACTURER RELATIONSHIPS
Hisense
-David on phone with Hisense this morning.
-they were very pleased with how CES went and what we brought to the table for them
-their market is currently comprised of: 32% North America, 32% South America, 8% Europe…
Vizio
-Vizio is the other manufacturer currently very keen on what we’re creating and interested in us
Apple
-Apple TVs represent a very small percentage of total TV’s sold
-they also go straight to the studios for their content
-as a result, nothing in the works with Apple right now
MARKETING & ADVERTISING
-current UF user base is 35-50yo males, but changing as we see more and more 4K users & TV purchasers
-$1.2 million budget for marketing this year, spread across:
>podcasts
>TV manufacturers
>in store retailers
-most of that budget will be dedicated to getting prominently featured with TV manufacturers, including buying into their commercials for premium placement, being front & center of their boxes and packaging, and including a free rental to users when they open the box / register their TV. (the ability to soon deliver a movie at only $0.12 per user thanks to the pending Sony DADC deal will make this an extremely cost effective way to get awareness out to new 4K TV owners)
-need A-list content in place to make the above happen, as Best Buy type stores and TV manufacturers need to show new releases in their promos & demos, not older content like what we have now.
“A-list content will be turned on this quarter”
>”we do not need to wait for 3.0 to be released to start featuring A-list content. (These things are not mutually exclusive)
It takes about 4 months for TV manufacturers to change their packaging, so we should see this type of marketing in the next 6 months between A-list content being uploaded this quarter and then the 3-4 month timeline for manufacturers to change their packaging afterward.
Podcasts:
-approximately 10 podcasts identified that we will launch marketing on this year which cater to target demographic
1) Adam Corolla podcast (great for auto enthusiasts! Could be Rev TV promotion opportunity?)
2) Joe Rogan podcast (*sidenote: I am a longtime avid listener of Joe Rogan’s podcasts and this is very significant in my opinion)
3) Bert Kreischer podcast
About 6-7 more, not named today…
The first 3 podcasts mentioned above reach 2 Million people in the target demographic EACH WEEK
Leo’s “This Week in Tech” podcast too expensive. (About 3x the going rate)
-Focus of PR’s will be on generating user awareness of UltraFlix & consumer knowledge (growing user base)
FOXXUM
-Rod Riegel ”looking at which studios we want to turn on within which region”
-separate licensing fee for each region, why we need to be smart about where we grow into
-Market priorities are:
1) North America
2) South America
3) Europe
4) Southeast Asia
5) India
*China: every piece of content brought into their country needs to be vetted by a company beforehand. Too much red tape and too costly to focus on right now.
300M 4K TV’s expected to be sold in 2018. We just need to tap into a few % of that to make these projection models work.
3.0 RELEASE
-next 6 months for conservative estimate
-A-list movies could still be loaded to UF 2.2 version in meantime as new studio deals are signed
-Could easily see up to 2,500 additional films loaded in next 6 months (separate from Iron Dragon, Rev TV, etc)
-will greatly benefit devices like Vizio & Android which have low CPU computing power or slow processing, etc
-tweaked interface based on analytics studies of keystroke patterns by users
-will always remain Pay Per View channel
-alternate language tracks on the fly
-real time language switching, HDR, etc (can technically show HDR on 2.2 version now, but many movies not currently set up to do so in current version)
NTGL Distribution
-cash transaction/purchase in the works to get those shares back under NTEK for distribution
-prior management clearly screwed us as everything is still under their books and thus can’t be distributed by NTEK until above transaction takes place
BUYBACK
-individual offers to shareholders can’t be made
-by law, if NTEK offers one shareholder a price for their shares then they must offer to all
-as a result, sounds like purchases will be made on open market
GOOGLE
-ready to bundle with us on their streaming devices
F1 STREAMING
-right now Liberty Media is looking at their own streaming solution. We are still keeping in close communication with them and if things don’t transpire on their end we may have a chance at helping/partnering down the road
-SKY TV: coverage in America for Formula One is terrible. Chance we could create relationship where we pull and host SKY TV broadcasts post-show/race
NFL:
-nothing in the works here for at least next 2 years
-$10-12M bid for streaming rights
-Twitter paid over $10M for their NFL licensing deal
As a result, we will likely see revenues really start to pick up after Summer 2018 once 3.0 is launched, A-list content is loaded and brick & mortar stores and manufacturers have redesigned their packaging to prominently feature us (again, about a 4-month process)
Sure, here you go.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140271043
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Feel free to share this ticker you speak of, yah know, because it's not that I don't trust you but, yah know.....
Post from another bankrupt scam that investors lost everything hoping they were golden.
Did you read this part of the PR?
Yes, let's wait until it happens before counting the income that may never come.
Not sure why longs are counting their chickens before they're hatched again, much like they did with the Oracle disaster when that pump suckered many here in over $2.00, only to watch their investment drop to .20 currently.
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LOL - Understand what the real point is. - It's in the Hopper. - - nFusz and Sound Concepts are ALREADY working in concert - producing an "Integrated" nFusz-Brightools product that will be available in January to Sound Concepts' customers. - Both teams are actively prepping for the completion of the MERGER. - Sure it's NOT finalized yet, but even the Video is indicative that they are NOW one team. - Peeps just better get used to it - because it's coming. -
And that includes REVENUE from Sound Concepts. -
Who cares, until the acquisition is finalized it didn't happen.
Some here are counting on income from Sound Concepts before NFUSZ even closes the deal.
Forward-Looking and Cautionary Statements
This press release may contain "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. In accordance with the safe harbor provisions of this Act, statements contained herein that look forward in time that include everything other than historical information, involve risks and uncertainties that may affect the Company's actual results. There can be no assurance that such statements will prove to be accurate and there are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, plans and objectives of management for future operations or products, the market acceptance or future success of our products, and our future financial performance. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2017, and other filings with the U. S. Securities and Exchange Commission (available at www.sec.gov). The Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
Wait, what?
Rory's Shac video from 4/6/2018.
How many promises from the dream team were made this year that never happened? Have they sold one phone yet from the supposed 1000's that were confirmed by a poster sitting in a warehouse back in March?
One lie after another from this company, and even worse, by so called trusted posters.
It's a scam.
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That’s... your understanding of a scam? LMMFAO whatevs....
What, like when they announced the WeWi acquisition in June that never happened?
It's a scam my friend
https://www.prnewswire.com/news-releases/andiamo-corp-along-with-utopya-innovations-announce-acquisition-of-wewi-applied-research-corporation-300664766.html
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Yup! Just one announcement about a deal being done with any big company this stock takes off like no one has seen before! The first run will look like a joke!!
Rory needs to spend less time reading message boards and worrying about shorts, and more time growing his business above $10,000 a quarter, or this stock will be going nowhere anytime soon.
The first minutes of yesterday's video was pathetic for a CEO who is looking for institutional investors to invest in this company.
Doesn't he realize how idiotic he looked?
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Rory, it’s time to stop pointing fingers and start taking ownership. Promote the company roadmap and stop with explaining why there’s obvious dilution. No revenue, so people are losing faith. What revenue exists to even keep you afloat if/when you RS or made it to NASDAQ? Without that we will be back down to nothing in a month. As a leader we expect you to guide of us out the shit we are in by keeping the faith strong in followers you’ve gained over the past year. Then more will come. Give us a clear strategy towards partnerships, contracts, revenue goals, up-listing, with timelines etc. Then provide regular updates on progress towards your milestones. Act like a NASDAQ company and you will be one. Thank you!
Wait, what? MMEX down 40% for the day?
Thank god I didn't load up today on recommendations of hopes and dreams.
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>>MMEX LONG AND STRONG...
IT'S ALMOST GIDDY UP TIME...
NOBODY WAS ABLE TO ANSWER MY QUESTION YESTERDAY WHEN I ASKED HOW COME MMEX SHAREHOLDERS DIDN'T DUMP ALL WEEK BUT ACTUALLY THERE WAS BUYING AND WE ENDED UP NICE AND GREEN...
HUMMMM
The idiot CEO is actually blaming message board posters and shorts for the stocks dismal performance. No mention about his $7 price predictions from 6 months ago, and the pathetic $10,000 in revenue this past quarter.
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no shit. to be conned, listen to the con man.
Ya think?
Is he drunk?
I have never seen anything like this, this guy is a scam artist.
This is a must watch video, omg
FUSZ
https://nfusz.com/q3-ceoreport/
OMG, this is pathetic!!!!!!!!!!!!!!!!!
And this is supposed to be a future Nasdaq stock?
Past investors coming back, this is so obvious.
Sounds like a pump and dump in the making, not surprising for FUSZ.
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BAM! Everyone is watching this thing!!!!!
Odoo just retweeted this.
https://twitter.com/UHDTrader/status/1064278569537413122
All investors should look back at every one of Rory's Shaq videos from earlier this year that were not deleted and question wtf he was talking about.
It was all bullsh$t as far as I can see.
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And I was the one that specifically asked that question when he was doing the "updates to shareholders via SHAC's". It was in response to earlier stocks where I had heard that word and wanted ressurance that he would never take that path. Guess what? They are knocking at that door now. I have learned, when the words "reverse split" are even mentioned on the OTC, its time to run. What percentage of these RS's trying to get off the OTC work? His rationale for needing to get off the OTC has been heard before and many here know what I mean. "We must get off this board so institutional investors can invest and believe me.....they want to". Lost my ass listening to that crap.
Only 2 buys all day, yet the ask magically went from .0065 to .01 at noon
with no buying, and stayed there until someone painted the tape up 67% at the close.
What a scam!
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How hysterical. Over eight hundred thousand dumped today then the last 40 seconds of the day someone bought $50 worth at 0.01 just to fool longs into thinking there is actually life left in this scam.
How can this company have only $10,000 in revenues this past quarter?
I read posts here every single day giving FUSZ valuations of at least $67 a share, where are those numbers coming from?
Is this bull all relying on Rory's old Shaq videos from earlier this year that have all been proven to be crap?
I don't know who to believe here anymore.
Every Shaq Rory put out early this year was a promotion. Why did he start putting disclaimers in after FUSZ started tanking?
All questions that need to be answered by his Majesty.
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As the stock price shows, no one seems to care about those videos anymore. I don't. I feel like I'm just being lied to everytime I watch them anymore.
Fusz
Rory will be out doing damage control sometime tomorrow after the pps take a hit just like he always does.
This stock is pathetic.
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I suppose Rory will be out doing damage control.
Here, you can add another FEAR to your list.
FEAR the Reverse Split
LMAO
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FEAR Rory ! -
FEAR Rory !
FEAR that it is the month of OCTOBER !
FEAR the Uplist to NASDAQ !
FEAR The Gartner Report !
FEAR Donohoe Advisory !
FEAR Alliance Global Partners !
FEAR Institutional Investors !
FEAR Money Managers !
FEAR the Deep Pockets !
FEAR Sound Concepts !
FEAR the 360,000 current "Brightools" app users !
FEAR the 75 Network Marketing Companies that are current clients of Sound Concepts !
FEAR Accretive Acquisition !
FEAR Ignite Visibility !
FEAR DR2Marketing !
FEAR the Testing results of nFusz video !
FEAR the Monkey ad !
FEAR TV Commercials !
FEAR renowned CRM Guru, Rich Bohn calling nFusz "Hot Stuff" !
FEAR the influential "Honorable Phillip J. Bond" !
FEAR that Phillip Bond is a former Undersecretary for Technology, U.S. Department of Commerce !
FEAR Phillip Bond's extensive relationships and resources !
FEAR "Financial Expert" Kenneth S. Cragun !
FEAR that Phillip Bond and Kenneth Cragun are NOW nFusz BODs !
FEAR the nFusz BOARD of DIRECTORS !
FEAR notifiCRM !
FEAR the Entourage plan !
FEAR the Entrepreneur plan !
FEAR the Enterprise plan !
FEAR notifiEDU !
FEAR notifiLIVE !
FEAR notifiTV !
FEAR notifiNPO !
FEAR notifiMED !
FEAR the Data Collection component !
FEAR nFusz is partnering with a Large Company with respect to the notifiMED product !
FEAR that Rory listens to Big Clients !
FEAR V3 !
FEAR ALL nFusz Technology !
FEAR Oracle NetSuite !
FEAR Marketo !
FEAR Odoo !
FEAR Odoo's 3.9 Million users !
FEAR Major Tom !
FEAR SAP TV !
FEAR SAP Healthcare !
FEAR SAP !
FEAR DreamForce !
FEAR powerful entities who like Ice Cream !
FEAR that nFusz just hired Laura Chen as Controller !
FEAR that nFusz just hired a Chief Technology Officer !
FEAR that nFusz just hired Catherine Seda as VP of Marketing !
FEAR that nFusz has been hiring for lots of positions !
FEAR nFusz Advisory Board member Jim DuBois, former CIO at Microsoft !
FEAR nFusz Advisory Board member Lewis Jaffe, former CEO of Oxford Media !
FEAR nFusz Advisory Board member Mory Watkins, a senior strategic financial executive and CFO !
FEAR the nFusz ADVISORY BOARD !
FEAR the entire nFusz Team !
FEAR MS Azure !
FEAR IBM Watson !
FEAR the dedicated Longs !
FEAR "Together, Always Together" !
FEAR "Disruptive" !
FEAR "Transformational" !
FEAR unexpected nFusz announcements !
FEAR rapid growing REVENUE due to the Millions and Millions of users that nFusz gets DIRECT ACCESS to !
FEAR that Rory continues his Investor Outreach presentations !
FEAR that Rory recently stated "There is nothing to be concerned about" !
FEAR that Rory recently stated "You should be out skipping rope" !
FEAR that Rory recently stated that the NASDAQ Uplist is "On Track" for 2018 !
FEAR that Rory is already a Multi-Multi Millionaire !
FEAR that Rory and nFusz are the COVER Story in the October 2018 issue of "Insights Success" Business Magazine !
FEAR that Rory has a surprise or two - just for the benefit of Peeps he is NOT fond of !
FEAR Rory !
FEAR Rory ! -
Lol, what a pos!
This is exactly the reason NTEK longs have held on for years.
They have been thoroughly convinced that shorts control this stocks PPS and are still hoping for a short cover.
.17, to .0045 with a reverse split mixed in, and shorts are still worried? lmao
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Quote:
The seller that sold you "shares" made them up out of thin air. He or she owned nothing. You own shares that the seller (the creator of these air-shares) is liable to cover at some future date at $1.00 or greater when our prospects improve.
Or we can just go bankrupt and you lose and the seller never has to obtain real shares to cover his transaction with you.
And then the 75.00 the seller made when he or she created air-shares to satisfy your lust for more shares also never ever gets taxed - because the air-share creator never has to buy shares and never has to close the transaction. Cute
Quote:
All the real shares are long gone with tens of millions of counterfeit shares sold imho.
Yes, I can see celebrities all over dropping their iphones to buy this.
Too funny.
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nice fluff news.
LOL, that $21 worth of buys in the last minutes was certainly impressive.
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This will get the attention it deserves now with the performance today on a day like this.
Yep, Utopya Strong!
I was off by about 6 months with my prediction of collapse, but these obvious scams always end the same way.
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https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140115069
Didn't someone say, don't believe anything unless it comes from the company?
Some traders may be worried about the impending PPS drop and are posting crap to get out before others. Be careful
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Interesting Tweet coming from a Rumors blog so not very credible but he/she mentions CEO Keer is in discussions with Sprint for Utopya phones to be in over 4000 locations.
Let’s see that magic rabbit.
I thought so, but didn't want to waste the time looking up anything with this scam that the non existent shorts ruined. Thanks
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After not running it for a couple of years, and writing down the assets to ?nil?
they gave the assets to Bordynuik to offset some debt.
Win/Win?
Solid DD, thanks!
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False :)
Is that back in his control and not part of JBII?
It's been so long I forgot.
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Bordynuik gets some more NASA cash
https://govtribe.com/award/federal-idv-award/blanket-purchase-agreement-80gsfc18a0002