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Well, well, well! What did I find here. Did you once promote 3d volumetric displays for Air Traffic Controllers? I guess our optimism depends on if we are a buyer or seller.lol. let those here decide which is you.
ClubVolume Tuesday, 07/05/11 10:52:40 AM
Re: None
Post # of 24230
hey everyone here's a new update about ATC technology. read it for what it's worth.
i'm sure TDCP has some involvement with this system update.
http://www.ksl.com/?nid=157&sid=16233223
By JOAN LOWY
Associated Press
WASHINGTON (AP) - The Federal Aviation Administration is creating a new air traffic system that officials say will be as revolutionary for civil aviation as was the advent of radar six decades ago. But the program is at a crossroads.
It's getting harder to pry money out of Congress. The airline industry is hesitating over the cost of equipping its planes with new technology necessary to use the system. And some experts say the U.S. could lose its lead in the manufacture of high tech aviation equipment to European competitors because the FAA is moving too slowly.
Seventy-five years ago this week the federal government, spurred by the nascent airline industry, began tracking planes at the nation's first air traffic control centers in Newark, N.J., Chicago and Cleveland.
The original group of 15 controllers, relying on radioed position reports from pilots, plotted the progress of flights using blackboards, maps and boat-shaped weights. Air traffic control took a technological leap forward in the 1950s with the introduction of radar. That's still the basis of the technology used today by more than 15,000 controllers to guide 50,000 flights a day.
Under FAA's Next Generation Air Transportation System program, known as NextGen, ground radar stations will be replaced by satellite-based technology. Instead of flying indirect routes to stay within the range of ground stations, as planes do today, pilots will use GPS technology to fly directly to their destinations.
Planes will continually broadcast their exact positions, not only to air traffic controllers, but to other similarly equipped aircraft within hundreds of miles. For the first time, pilots will be able to see on cockpit displays where they are in relation to other planes and what the flight plans are for those other aircraft. That will enable planes to safely fly closer together.
When planes approach airports, precise GPS navigation will allow them to use more efficient landing and takeoff procedures. Instead of time-consuming, fuel-burning stair- step descents, planes will be able to glide in more steeply with their engines idling. Aircraft will be able to land and take off closer together and more frequently, even in poor weather, because pilots will know the precise location of other aircraft and obstacles on the ground. Fewer planes will be diverted.
Pilots and airline dispatchers will be able get real-time weather information. Computers will spot potential weather conflicts well in advance so that planes can be rerouted. And, controllers will do a lot less talking to pilots. Many instructions now transmitted by radio will instead be sent digitally to cockpits, reducing the chance of errors.
Together, the suite of new technologies and procedures being phased in will significantly increase the system's traffic capacity, FAA officials predict. That's critical if the number of passengers traveling annually on U.S. airlines grows from an estimated 737 million this year to over 1 billion a year in the next decade, as the FAA forecasts.
And, the FAA predicts, NextGen will save significant time, fuel and money. It also will reduce greenhouse gas emissions and noise.
"It really is a revolution in air transportation," Deputy FAA Administrator Michael Huerta said in an interview. "The decisions we're making in the next several years will set the foundation for the next 75 years of air traffic control."
Paying the tab for NextGen _ estimated at as much as $22 billion for the government and another $20 billion for the airline industry through 2025 _ may be FAA's biggest hurdle. The program has widespread support in the Obama administration and Congress, but it isn't immune to budget cuts in the current climate of austerity. The House wants to reduce FAA's budget authority by $1 billion a year over the next four years, while the Senate has favored higher funding.
Even longtime NextGen supporters like Sen. Patty Murray, D-Wash., chairman of the Senate Appropriations Committee's transportation subcommittee, warn that full funding is no longer automatic.
"We need to see a realistic strategy for funding NextGen," she told FAA Administrator Randy Babbitt at a May hearing. "To date, the FAA has filled its budget request with a laundry list of programs and development activities, and a vague promise that somehow the agency will achieve its goals by 2018. But that approach is not enough this year."
If funding is reduced, some elements of NextGen could be delayed. There is no date for completion of the entire program, which officials say is constantly evolving.
Airlines support NextGen, but they're wary of FAA's track record of changing directions after investments have been made. FAA began its modernization program in 1981. It was branded as NextGen in 2003.
"We want to leverage the technology we have today before we add more technology and more cost," Delta Air Lines Inc. CEO Richard Anderson told reporters in April.
Airlines also want proof NextGen is ready to produce tangible benefits, that it "is not just a big sales program by the avionics (aircraft electronics) sales people," he said.
And, airlines want the government to help underwrite the cost of equipment they're going to be required to buy.
"This is not a cost the airlines can, or should, absorb," Glenn Tilton, chairman of United Continental Holdings Inc. told an aviation luncheon in Washington in November.
Airlines should "recognize you as an industry get benefits from this," Huerta said. "Those benefits are something you should be prepared to pay for."
Yet, some sort of federal help _ loan guarantees, for example _ may be reasonable, he said.
"The very valid question they are asking is, shouldn't the government have a stake in the game as well?" Huerta said. He heads an FAA-industry task force expected to develop a recommendation in September.
Some airlines are moving ahead. Alaska Airlines is using GPS precision landing procedures at Juneau International Airport, where mountainous terrain and frequent low visibility conditions were routinely forcing cancellations. The airline estimates it would have cancelled 729 flights last year into Juneau if not for the new approaches.
Results have been mixed elsewhere. Southwest Airlines has spent $175 million on equipment and pilot training so it could make use of optimized landing approaches. But so far only 11 of Southwest's 72 U.S. destinations are set up for the advanced procedures. FAA hasn't yet approved new procedures for the remaining airports. And there's no timetable for when they will come online. It can take the agency as long as two years to approve a new procedure for a single runway.
Southwest wants to see more results before making further investments, spokeswoman Brandy King said.
The U.S. isn't alone as it transitions to a new air traffic system. Much of the world is adopting GPS technology. But the U.S. accounts for nearly 40 percent of global air traffic and has a robust private aircraft community not found in most countries, adding complexity to the program.
The FAA has set a deadline of 2020 for airlines to install key equipment that will tell controllers and other aircraft the location of their planes. But the agency has been slow to set technical standards and a deadline for other equipment that will be necessary to realize the full benefits of NextGen, industry officials said.
The European Union is further along in developing equipment standards, industry officials said. As a result, the world may wind up adopting standards developed by the EU, rather than the U.S., said Hans Weber, president of TECOP International Inc., an aviation technology management firm in San Diego.
In the past, "we've basically set the standard worldwide for air traffic management. Our companies were always first to market, giving them better profit margins," Weber said. "That's what we're at risk of losing. We are risking default to the Europeans."
___
AP Airlines Writer Joshua Freed in Minneapolis contributed to this report.
___
Online:
Federal Aviation Administration http://www.faa.gov
Not sure what money there would be if the company is liquidated. Definitely not $275,000 in assets, based on financials.
Also, only dollar for dollar in cash payout, which company doesn't have. Most likely he would convert preferred shares to common shares, and conversion rate is .01, which means his shares would be way under water at current pps.
Time for some to admit, Keen has some serious money at risk in this company.
So did some math. I believe VK gave the company about $275,000 total in that offering. That would mean he has 275,000 preferred shares. Now for the year, the principal amount earns 6% interest. That comes to $16,500. Not bad. Now after a year, Keen can convert the amount to 27,500,000 common shares at a conversion rate of .01. However, if he sold those shares at the current pps, which is .006, he'd get $165,000 plus the $16,500 in interest, for a total of $181,500. A loss of $93,500. And those that think he stinks believe it will be much lower by time of his possible conversion. So not sure how this is a for sure win for him unless the pps goes up. Now some would say he would just do a reverse split and then convert. Well, then if that is a possibility, then we will indeed find out the kind of man Keen is. I truly believe he hopes to make a killing, due to success of the company, not it's failure.
So Flyer, show me how he makes out well here. Without R/S theory, because it is only speculation at this point and nothing more.
Please explain how that happens. Please facts only, not opinions. Thanks in advance.
Yes I believe it is a matching grant. So some of the GS money is probably for the grant.
It's a combination of converting a portion of the $100,000 debenture and exercising a certain number of shares from the $381.50 a share warrant. When both are combined, the company gets money and GS gets shares at a 20% discount.
Some here just like to highlight the conversion of the debenture, because that shows an extremely low pps along with a large number of shares. They either highlight this because they don't understand how this agreement works, or are being dishonest, by not pointing out the warrant exercise portion, which is how 3dicon gets the money they need and how the conversion rate is balanced out to the 20% discount.
Hope this helps. Can't reply more til. Tomorrow since I have been restricted to one post a day.
They told us that they would be submitting the proper paperwork for the mentioned grants. So not sure the need to say it again. I take VK and Schott at their word. If they say they were going to submit the paperwork, then they submitted it. Not sure you bring Doug on board if you are not going to make the submissions on time.
Good grief!!!
Well, with some of the emails you have sent management, they might have less love for you. However, if management hates us shareholders, then they must hate themselves. If I remember right, VK owns more shares and options than everyone else. So its obvious he really must hate himself.
So we shall see. 3 weeks from today will be Sept 6th. We shall see if you are right.
I am inside right now, so not sure if qualifies me as an insider or not.
Not facts, your opinion, based on your lack of understanding of the debts being paid off. I knew exacting what he meant, because I read the filings.
Toxic, yes, just not near the discounts the other two dilutes got. GS gets a 20% discount. The two they paid off got 35% and 30% (plus additional .002). So though GS is not good, they are better than the two that got paid off.
VK has not lied or misled anyone. At least those of us that actually read the filings and know what debt he's talking about. He was referring to the extremely bad dilution they had with IBC FUND and CP US INCOME. Most here knew that dilution financing would continue after that blog post. We also knew that when they get grant funding, it would be greatly reduced.
exercised 429 warrants at $381.50 per
share for $163,500 Very nice!
Talk about a wind blown group.
North is south.
Australia is a reach, how?
How about in Austrailia?
How do you know it's not going north?
Not sure of your point.
Tell that to the person that has 1,200,000 shares at .0083 in their account.
Seems you have given up. Obviously, the gratification is not fast enough for some of our short timers.
If that 1,200,000 was an insider, they would have to file with the sec. Most likely just dilution. However, I do like the fact they found a buyer for that sell.
You might want to check your facts. Revenue since inception is $434,433, not zero as you claim.
Why not show us where you found that information.
Front and almost centered on Schott homepage. They sure want to get the word out to their followers. Don't think it was on homepage when originally posted.
http://www.us.schott.com/english/index.html
What's it say about me?
So if you stand behind each of those cylinders, you see the opposite side of image, or an image at all? Looks like the cylinders are actually only a curved display that only allows you to see the projected image from one side, with a slightly larger viewing range. Still with that and flat screen version, the view area is extremely limited. And yes, it is still an illusion, that tricks the eyes, once you move to the sides, the image loses its depth. Based on the examples you have presented. Again, creating limitations to viewing.
I have checked out the videos. Again, based on the videos, holography is not true 3d. Yes you can take away layers and see the next layer, like the artist renderings show, you can see multiple layers at the same time, because the image is truly a 3d image, not a 3d, optical illusions on a 2d screen. I think holograms can be great for the niche market of entertainment, but not when multiple people need to see all layers simultaneously. That's just my opinion based off your examples. I still believe Stein is 100% correct.
I'm confused. We're you attempting to prove Stein wrong? What was the point of the magnifying glass and holograms? And where are the many examples to back your point?
Sounds like Cspace offers more than holographic displays can offer. This is from the blog post. CSpace allows the full display, manipulation, and exploitation of internal volume imaging as well, whereas other laser display systems, such as holographic displays, can only render surface volume, and are unable to show an interior view.
They have put all the credibility info they need at this time on their website and it's under the the partnership tab. check it out.
Is it really worth 200 to 300 million more in dilution to get in below .005? The lower the pps, the greater the chance at failure or a reverse split. If your here to see the company succeed, which in turn means we succeed, then buy now. If you are just here for the up and downs then I hope it goes to. .0001 for you, so you can double your money at. .0002.
Aren't you trying for .008?
Yes, they have seen it and it's their opinion it's the next best step in 3d display technology. Move on from the tea cup, just like the company has
It has been seen and verified by a very reputable company in Schott. If you chose not to trust their opinion, fine. But don't act like no one has seen it.
Tony Stark is leading everyone on 3d front!
Good posts.
Some seem to think they know a lot, but some can't even read the sec filings right, so not going to trust their other opinions either.
Just like most would be happy if they would just have a meeting And update where the company is at. Then we will be happen. First sight of a 2d pic of lab 3 and people would be like why is the image only in 2d?