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Buyout? We have to go through Big Brother first…
Doug Freitag came on board, I believe, because Victor knew his best bet was with the fed/gov financing our ambitions for CSpace… forget digital signage aspirations. Mark graduated to the Board, Vic took over and promptly retrieved Doug, who already knew his way through the military / industrial / intel complex, to go inside and find that relief money. Coincidently, the newly-created SCHOTT Defense just happens to partner up to give itself, and us, a synergy that must be reckoned with… and military insiders will no doubt take notice of this seemingly unusual marriage, i.e, who’s 3DIcon?
CSpace derivatives must however run its course through the military. No? What’s Doug doing with us and why’s SCHOTT Defense our partner? He’s looking for government funding, something he specializes in, and SCHOTT was, I believe, created because they knew CSpace will be the replacement tech for all current 3D flat screen displays in use within fed/gov defense agencies. When it’s satisfied and also well documented, the public will want a part of it. Enter Chris Chinnoch.
Vic will at that point consider expansion by whatever means to a demanding market. And as far as buyouts are concerned… do you think Vic, a man of his knowledge and stature would consider selling the Company, or CSpace, before a possible tornado phase?
Mining for gold…
I just don’t see how you can legitimately put a price tag on a potential disruptive innovation, at least not at this stage.
Victor said a lot of things yesterday in one paragraph mentioning partnerships, fees, licensing, royalties, joint ventures, mergers, acquisitions… that’s a lot of buzzwords and he probably saw fit to mention them for whatever reason. Personally, given our JDA with SCHOTT, I don’t think we’re focused on anything but partnerships… because CSpace is not ready to sell! We apparently need the funding to ready it for a potential sell, but for what purpose? We apparently now have the glass, but something’s missing and has to do with the scalability of materials used within our image chamber, thus the needed funding to rectify the setback. I believe our technology team knows how it will be done and are confident in that, but something’s lacking… and is it a partner that has the stuff, like SCHOTT had the glass?
I have to believe the funding will rectify the situation and we’re right around the corner in doing so. No? Vic plans on being in Tulsa June 19! I’ve got to believe something’s known on the timing of the funding and when authorized, LP3 will be finalized and ready for show time… and as you know, Big Brother’s first.
We’re not selling this gold mine… it has to prove its product ability.
Big Brother has us where he wants us…
the SCHOTT deal affirmed that.
Simply put, CSpace technology IS disruptive innovation… or at least, on the cusp of disruptive innovation. And SCHOTT Defense was hastily organized to assure that it meets that end. And it will. How? That remains to be seen… but I wouldn’t discredit SCHOTT’s ability to do so. I would assume that in the very near future we will realize CSpace technology has advanced significantly. And that’s key – there is no end result to CSpace technology… it will quite simply advance into the future.
SCHOTT Defense opened the door to the federal government’s military / industrial / intelligence complex with Doug Frietag as its guide. I have no idea when this tour will end, but it will, and when it does, CSpace goes public. Even the fed/gov as powerful as it is cannot stop CSpace technology advancement because this disruptive technology has to find its market sooner or later. Civil society will demand it.
That being said, consider the University of Oklahoma, our management and Victor specifically… how much do you think the Company and especially CSpace will be worth to him? I don’t think he will be selling any time soon.
Seems to me our next partner will be a heavyweight…
The heavyweight currently makes state-of-the-art two-dimensional displays and quickly becomes a lightweight if he doesn’t control the next generation of display technology… in essence, we’re here at his beckon call.
We’re an R&D company and are going to stay that way until someone thinks they can buy us or our technology. So how much is that worth?
Thank you, Hakki.
Whoa...
"In the meantime, as we develop and further patent our technology it is possible that a potential partner may pursue acquiring our technology or the Company itself." Victor Keen
No doubt now!
Fort Smith, Arkansas, via Tulsa, Oklahoma City, Edmond and Okemah, Oklahoma. Been in TDCP since May 2005. Like you holding and buying (maybe one more time).
BOOMER SOONER!!
Yeah, pretty impressive…
SCHOTT Defense didn’t get into this partnership to wait around and twiddle thumbs. The parent company saw something in 3DIcon several months ago and IMO revamped their quasi-military, federally focused defense wing to create a partnership with us not only in business development, but in technology development now and in the future… and that’s not to say that we will be the only partner.
Excerpts from the SCHOTT Defense March 5 PR…
SCHOTT North America, Inc. today announced the creation of SCHOTT Defense, legally known as SCHOTT Government Services, LLC, marking the final stage in the planned strategic separation between SCHOTT North America, Inc. and its defense segment. …
… SCHOTT Defense currently collaborates with the U.S. Federal Government and prime contractors on research and development projects and procurement initiatives to improve the warfighter’s ability to confront the military challenges of the 21st century. SCHOTT’s highly durable glass and glass-ceramic materials and components are key enablers for a broad range of military equipment…
“The final completion of the SCHOTT Defense transition allows us to further strengthen and secure our long-term partnership with the U.S. military, as well as optimize market access to the most sensitive U.S. defense, intelligence, and homeland security programs,” said Major General Scott Custer, USAF (Ret.), President and CEO of SCHOTT Defense. “As the defense community continues to seek sensitive technology solutions to enhance operational capability and performance, SCHOTT Defense now has more access and flexibility to deliver innovations to protect the warfighter while reducing redundancy and minimizing life cycle costs.”
Since we became a partner of theirs March 13 could this be why we haven’t heard anything development-wise since March 17? Sounds hush-hush to me!
Excellent question mrkiwi…
“Can Uncle Sam put the wraps on any technology so it doesn't go offshore to a competing country, even though 3DIcon is a public company? I was thinking more from the defense and military point of view.”
Listen, Uncle Sam can do what he wants; he’s assured that our military / industrial / intelligence complex is second to none… thanks to us, the taxpayers, and loans from the world’s central banks… but that’s another story, let me get back on track. My short answer to your question is, yes… whatever the CSpace derivative(s) that the government comes up with ‘military-wise’ will not go offshore into enemy hands… at least not at the moment, or, until Uncle Sam wants it to, i.e., Clinton’s supposed release of nuclear missile secrets to China. But again we’re getting into New World Order stuff that you may want to check out The Daily Bell website to bone-up on so-called directed history.
Bottom line: CSpace is ours. We own it. And with that ownership as shareholders’ we have a tremendous responsibility as to our government’s tinkering of CSpace.
Enough said… I won’t comment any further on this topic but thank you for the opportunity.
Sam, I think you’re spot-on…
Big Brother always gets first-choice – always has and always will. When he’s through with the best new toy that no one else has, then it’s the public’s to do with it what they want. No? Until Doug Freitag was brought onboard we were wandering which way to go… either a private sector approach to flat screen 3D / digital signage strategy, and/or, pursue the eventual enablement of true volumetric 3D in CSpace technology with the hopes of Uncle Sam picking up the tab someday.
In my mind, Vic finally said ‘enough’s enough!’ And Doug clarified which route we would be taking in the immediate future with the JV with SCHOTT.
And I think that speaks volumes about the CSpace toy, since Big Brother wants to play with it for a while.
Maybe they’re right! And if so…
they’re in agreement with the SAR at .0097 and the 200MA at .0094. Personally, I’d like to see this thing Bull Flag for a few days.
Supposedly former Support does become Resistance, but…
a lot of bets were left on the table at the time of the 8-K Bridge Note last year. Look across the chart to June and July trading; there were 36 trading days of Support that held at .019 before the news, then the nosedive. Last Thursday, the day of the JDA, we broke supposed Resistance and Closed at .019, gapped up the next day, closed the gap yesterday, now we’re mulling around old Support wondering what to do… advance, or do we fill that gap at .006?
There’s one gap filled…
Will the Breakaway at .006 fill? Get out your crystal balls.
Wow, we got that .0046 Close…
The .0046 is significant because it broke the Weekly chart’s trend line established with, by my count, 6 touches of Closings starting the second week of June 2012. With this trend line broken the Weekly is saying “you’ve broken my most effective Resistance, now it’s up to the Daily.” The Daily could be forming a Flat-Top Ascending Triangle, in essence, a bullish formation indicating accumulation and is a reversal pattern at the end of a downtrend. I don’t know about you, but that’s good news to me… I’ve had enough downturn.
That said. Given the circumstances, the 10-Q is due at the end of the month and is, of course, the ONLY news that we know that we’ll get, so I say, that trading sentiment is ‘on hold’ and will continue the Flat-Top formation… the PPS may retreat and establish Support in the .0035 area from time to time then rebound to the top in days to come, further strengthening accumulation.
I should add that with today’s Closing the Weekly chart formed a perfect Symmetrical Triangle (using Closing prices) substantiating the fact, that in days ahead, we may very well continue trading within the .0046-.0035 range.
Hopefully, we’ll see the Daily pattern continue to strengthen and blowout its top to, at least, next Resistance, which is at .006. And what would cause that, Mackey? I don’t know if the Q would do it, but hopefully, a meaningful PR in the not too distant future would… simply put.
BOOMER!
All very good points…
However, I remain somewhat optimistic, aside from Doug’s “whenever possible” and “this process is already underway,” which didn’t do too much for my confidence and inspire me to go out after work yesterday and toast a cold one… even though it was Fat Tuesday! I would rather have preferred “We won that contract from the Army NV&ESD!” But I guess I’m getting used to emasculated PRs. And yesterday’s PR didn’t help us, but it didn’t hurt us. Doug had to say something; time was running out and we didn’t need the bottom to fall out of the PPS.
It just seems like we’re “on hold” for now. Market sentiment doesn’t know quite what to do, so it just stalemates and is complacent to wait. Even dilution doesn’t seem to factor anymore; if it appears, it’s quickly checked. A lot of Buys; not as much Sells in recent trading… almost 2 to 1 black days versus red days in February. A Flat-top Triangle could be shaping up and breakout to the upside could be possible on the Daily chart. Also, the strong Weekly trend line of Resistance could be broken this Friday with a Close above .0047.
So there are some variables that need to be taken into consideration… and that’s what’s keeping me going until we get that news… news with cojones in it.
From the November 12, 2013 10-Q…
On April 6, 2009, we filed a provisional patent on an emissive two-dimensional screen that is controlled and driven by a standard digital light projector or other optical input source. This provisional patent is called "Flexible/Inflexible Front/Back Projection screen or display" and owned solely by 3DIcon Corporation. On March 12, 2013, we filed a provisional patent application for glasses-free rear projection 3D display with a new architecture that we believe will significantly lower the cost of this type of display. This provisional patent application is called “Holoform Projection Display” and is solely owned by 3DIcon. On July 26th, 2013, we filed a provisional patent application called “Ultra High Resolution Three-Dimensional Display” for a Z-axis scanning system that significantly enhances the performance of the CSpace technology and that is solely owned by 3DIcon.
I would say Victor needs to get these provisional’s morphed into utility’s pretty quick. If you’ll review page 13, the patents owned by OU are simply called “our CSpace technology.” What’s apparent to me, and crucial, is the utility filing for our high resolution patent. Why? Because if it significantly enhances the performance of CSpace technology… consequently, CSpace technology is useless without it!
So that brings the question: How much is our “Ultra High Resolution Three-Dimensional Display” patent really worth?
I’ll put it this way…
Let’s just hope Victor didn’t put up his $340,000 for our 2014 nursing home care.
It’s up to big brother…
“… We recently had one-on-one meetings with senior representatives from the Department of Homeland Security (DHS), the National Institutes of Health, and the National Science Foundation. The initial response to our CSpace® technology was overwhelmingly positive. The representative from DHS indicated that the TSA desperately need better visualization technology for passenger and luggage screening and that both TSA and DHS are open to providing significant funding (potentially outside of the SBIR program) to accelerate development of technologies like CSpace®…” Mark Willner, September 12, 2013
"We are delighted to have Doug on board as an integral part of the management team. Under Doug's leadership we plan to identify and create federal funding opportunities for 3DIcon to accelerate development and commercialization of our CSpace® volumetric 3D display technology…” Victor Keen, December 9, 2013
Needless to say Victor has remained tight-lipped to date… Doug’s security clearances may have something to do with it is my best guess.
Just imagine. As soon as we get this thing done, airport security agents can feel much better knowing they’ve just seen everyone’s body onboard in 3D and can attest positively that they are weapon free. What an age we live in.
Interesting facts as of today…
May 10 is the tail end of our 200MA. We Closed at .033 and was also our Low. Three trading days later our 10-Q came out on May 15 and our High was .035; our Close was at .025 and also our Low… a drop of a penny. That Q didn’t help us out too much… no doubt, trading sentiment getting a little shaky. The .025 Low held for nine trading days and the flat-bottom triangle or descending triangle, if you will, gave way and fell to a Low of .019, which held for 36 trading days, minus 1, this time bringing us to July 26, the day of the 8-K Bridge Note. The bottom again falls out of the second descending triangle and then two trading days later we get the infamous IBC news… then began the nosedive. On August 1 our Low of the day was .017; on September 24 we kissed for the first time our Low of .0025.
Bad news does make a difference… but good news does, too.
It wasn’t gravity that pulled us down…
actually, we were pushed down. You may want to pull up your charts… here’s the story.
After Thanksgiving we decided to advance in price after bottoming out at .0025 three times and promptly got slapped back down by the 50MA. Then somebody decided to throw a pre-Christmas pump & dump party, invited a few close friends to our house, partied, and gave us the house back the next day without too much damage. We too enjoyed ourselves and recovered quite nicely, got back on our feet, this time finding Support, not Resistance, at the 50MA – a place we had not been for several months. We’re no doubt feeling more confident going into Christmas and advanced to .006… and wouldn’t you know it, the 100MA greets us and pushes us down welcoming us into the New Year. Thanks a lot. The 10MA sees what’s going on, wants to show off, and tells his big bro “Take a break… I’ll push ‘em around awhile until they’ve had enough. No sweat.” After a few days of trading we had enough, Closed above the 10, and the next day Closed above the 100. And after a couple days of promising daylight the 100 and 50MA’s didn’t like that too much and are now back in control and once again pushing us down, but… we’re making higher lows and today we Closed just above the averages once again. You decide whether to hold your breath or not.
These two guys pretty much have their way right now and are making themselves, present… however, I think we’re handling their Resistance pretty well since the pump & dump party. We’re fortunate that our PPS is dealing with Resistance forces, and thankfully, it is not looking for Support.
So how does this relate to our dilution problem?
Each of us has our own assessment of the dilution fiasco that has drastically affected our PPS for the last 6 or 7 months. But what seems to me is that its effect is not as substantial now. By that I mean we’re being pushed around by Resistance forces that we’ve not seen in quite a while… and we’re pushing back quite nicely since the party. And eventually someone’s going to win this pushing match.
Since the New Year, we’ve found some strength somewhere and I have to think that the dilution pollution affecting our little Company since last summer has had a couple of its valves closed lately and its effects will slowly diminish and finally clear out… but you be the judge of that.
That said, I like how our PPS is now reacting to tough Resistance whereas before Thanksgiving dilution had its way with us and we were begging our PPS to meet meaningful Resistance. And if we hang tough and bust through this New Year’s Resistance, we have to be resilient enough to meet our next level. At that point we’ll see just how tough we really are and hopefully, with a little help from our friends, finally see clear skies.
I think we have some Resistance showing…
The 50MA crossed the 100MA the first of the week; the 50 is now at .0045, the 100 at .0044. The top Bollinger Band is at .0047. This morning before the open the Parabolic SAR was at .0047 and reversed – ding! That should tell us something – at the open to .0031… which just happens to be the price of the lower Bolli. We just Closed at .0043 and hugging the Weekly trend line.
Pretty tough Resistance in the .0045 area, huh? Whatever you say Mackey, but what about Support?
In answer to that, and hypothetically speaking, should we Close next Friday at .0034 that would give us a third touch establishing a trend line on the Weekly chart, but daily Closings relative to its trend line have a say – a big say. However, if daily closings continue their tight range and weekly Support prevails, we could be looking at symmetrical triangles for both charts shaping up for even a more narrowing of the trading range in the days to come. Needless to say, a trend line of Support is lacking whereas a trend line of Resistance has clearly made itself present.
Pricing in my opinion is tightening up and to the extent that trading sentiment seems to understand its limitations and is anticipating news – any news, both received and perceived. A breakout to next levels, either way, depending on the news, or lack thereof, may be in the not-too-distant offing.
That said. I offer the above for your information only and in no way do I wish to influence your trading of TDCP. But good luck. And as Rob would say “Cheers!”
See ya Monday.
I just noticed something on the Weekly chart…
We have a trend line of Resistance established – using Closing prices – starting the first week in June 2012 with at least 4 touches (closing prices) to the present. The subsequent touches were the fourth and fifth weeks in April and the third week in July 2013. A Close this week at .0047 would be the next.
After the last touch on the third week of July 2013 we started our descent in share price to .0025 where it bounced three times before moving higher and now we are trying to touch the trend again; we’re in at least good territory.
It seems to me that Resistance is strong in the .005 area and players involved are sensitive to the possibility of awaiting Company news… at least that’s my take. Could I be wrong? Oh yeah… but charts don’t lie.
Technically speaking, approximately…
The 100MA drove down the PPS at year’s end to the 10MA and it held strong for 20-days and was finally broken with yesterday’s close – and with today’s close is now slightly above the 100MA, which is at .0044. Interestingly enough, the 50MA is at .0043. On the Weekly chart we’re just above the Bollinger Band middle of .0044 (we’ll see where we are at week’s end). I would say .0044 is formidable Resistance, and should we consolidate there and eventually advance, it will become formidable Support... at least that’s the reasoning.
Next Resistance?
A nice 1-2-3 Bottom (using closing prices) has formed and is set up for a nice Head & Shoulders formation on both charts. Next Resistance appears at .005, the top Bolli on the Daily and also the trend line formed from the closings of the neck lines on the Weekly.
When we see the closing above the trend line established by closings on October 1 and December 17 (pump & dump day) on the Daily – around .007 – and the ADX turning up on the Weekly, things might get very interesting.
That’s my view… and I don’t know about you, but I’m ready to rock & roll.
Other than Hakki and George, I would assume that there’s some fairly decent young talent helping out with the build-out of LP3 at the OU/Tulsa campus, not to mention the expertise offered from Catoosa’s Advance Research Chemical. You may want to mosey over to 41st & Yale and see if they’ll let you look around.
Boomer!
I made the meetings in ’06 and ’11 and a former Tulsan residing in Fort Smith for the time being. I can’t make your lunch plan but you may be on to something. If it grows, let us know. Good luck!
Boomer Sooner Thunder!
The word “Victor” is sounding better and better.
OU and Victor were the “insiders” –
and please correct me if I’m wrong – and yes, the proceedings seemed very strange at the time, however, over time all was forgotten. You would think that yes, financing the prototypes was paramount and these were desperate times for the Company simply because of the chill in place, but, in your opinion, what purpose was served with the selling of their debt during these hard times? And what motivated Victor to serve up his own money recently to bail us out, so to speak?
Thank you for the acknowledgement…
And you’re exactly right about Victor: Actions speak louder than words.
My appreciation for Mr. Keen’s actions went to the office this morning.
Victor Keen, CEO, said…
"One of our principal goals of the November Offering was to eliminate the convertible debt held by CPUS and IBC. I am very pleased to announce that we have succeeded in accomplishing this critical step in normalizing our overall capital structure.”
I like those words “normalizing our overall capital structure.” Apparently, this is the first step in Mark’s so-called “stair-step” financing strategy implemented in September. Thanks, Vic.
Okay, that’s done, next step.
8-K: Current report filing...
http://ir.stockpr.com/3dicon2/sec-filings/content/0001144204-14-004268/v366397_8k.htm
I plan on being there…
I can record the game if need be.
The owner of CSpace has nothing to lose…
OU, through the years, have just let this thing happen… they’ve let this technology morph into whatever it is today. Are they proud of what it’s become? I don’t know. I don’t know who oversees its implementation… but I would imagine that someone can pull the strings over there in Norman town if need be. Regardless, CSpace technology is just CSpace technology… and we, 3DIcon, have exclusive rights to its use. And it’s nothing without enhancement from Z-axis scanning technology solely owned by 3DIcon. The two technologies are inseparable… and that is what I do like. That said. Where do we go from here with our IP?
Again, I don’t know. What I do know is that we have two business development cats on the trail or trails of something. One has an in with the federal government, the other an in with the private sector. We’ve got some 3D volumetric IP to push and also some IP that transforms expensive flat screen 3D technology to a more reasonable affordability. So what’s that worth?
I think I’ll just sit back and watch things unfold and try to enjoy the experience this year. And maybe, just maybe, 2014 could shapeup to be a good year… at least Sooner Magic’s back!
Gotcha... and thanks.
Let's see, how can I keep this about 3DIcon so my post won't be subject to deletion? Okay, the home office is in Tulsa. OU is the owner of CSpace technology and we have exclusive rights to it. OU's labratory in Tulsa produced Hakki's Z-axis scanner technology that enhances OU's technology, which is owned by 3DIcon. So CSpace goes nowhere without 3DIcon, so it's a win-win situation. So (reaching here) that relates to... Go OU!
Anyway... BOOMER!
Bring on that curl…
Bring on that Golden Cross!
BOOMER!
“higher closing lows” Huh?
Should be: “ higher closings”… but you knew that. I was thinking about the game tonight. Sorry.
BOOMER SOONER!
Seems like the 100MA keeps knocking it down…
If we could close above the 100MA and accumulate for a few days between .006 and .007 that would seem to strengthen a move past the next resistance. The upper Bollinger Band and buying resistance from the late-September’s rally and the P&D day are at .007… and also the established trend line for closing prices on October 1 and December 17.
A nice stairstep pattern of graduated accumulation meeting resistance at .007 seemingly would indicate anticipated good news… and I’m talking ‘business development’ news. A prototype update in my opinion won’t get it but should sustain accumulation.
Oh, the Weekly chart shows higher closing lows since November 15 with one exception. Will tomorrow's be the second?
Boomer
Catch 22 approximately…
The following is a December 28 post from another website describing our recent bout with the PPS going south. With the apparent establishment of a four-month bottom and the chart seemingly poised for the first bit of positive news – business development news – our poster might be on target… I thought it was an excellent analysis. Boomer
“During the DTC chill (you can Google the definition) – which 3DIcon came through with no blemishes of the consequent investigation – 3DIcon could not get the nontoxic kind of financing it would like to have had because the market cap was dropping during the DTC chill… along with not being able to put any news updates during the chill by rule, this hurt the stock price as well. 3DIcon then had to get the toxic-type financing as an only resort for venture capital to finance overhead (burn rate) before we generate positive cash flow or receive government funding (grants) to finance 3DIcon’s development of CSpace moving forward.
“Toxic financing companies get their stock at a discount and then dump large volumes of stock to start getting their money back. As the price went lower it takes more shares to get their money back and puts more downward pressure on the stock. With the big week we had recently (about 40 million shares-plus traded) at higher prices, the toxics did okay, I’m sure. The questions remain: did they get all their money back we owed them and is 3DIcon free from these guys? Last week’s volume and PPS holding up sure made it look like the toxics are gone but are they? We’ll see.
“I believe 3DIcon will never use toxic financing again… let’s hope so! With good news and no toxics we could be moving higher.”
If this doesn’t do it, nothing will…
Lobbying Support
Projects can often require the expertise of others, especially in the area of Lobbying Congress. Mr. Freitag works with two of the leading results oriented Lobbying firms in Washington, DC: Strategic Marketing Innovations and Innovative Federal Strategies.
www.strategicmi.com/
SMI has unmatched experience in dealing with research, development, and transition programs and staff within the Executive Branch. The Department of Defense, Department of Energy, Department of Homeland Security, and many others. Federal Agency engagement is an important business strategy component. They can provide development capital…
www.baysidematerials.com/innovative-federal-strategi.pdf
… whose members have over 149 years of combined federal service in the House of Representatives, the U.S. Senate, and the Departments of Agriculture, Air Force, Army, Commerce, Navy, and Treasury. We understand the complex federal planning, programming, budgeting, contracting, and regulatory processes used in the Executive Branch. Many of the members of the firm also have unique expertise in the intricate legislative process that Congress uses for annual authorizations, appropriations, regulatory and policy issues, and agency oversight. We work with our clients to understand their objectives and to develop appropriate, well-tailored strategies for working with the federal government. …
Mark couldn’t do it by himself as realized late-summer. He was forced to play ball by Big Government rules. Meet Douglas W. Freitag, our Big Brother… the brother we never knew we had.
Let Victor run the show for a while! The price is right!
Mark’s split. His 18-month CEO tour is over. And he now apparently is contractually obligated in nFlexion’s so-called “Partnership Role” now doing what he says he does best… he’s now our business development cat – hopefully our interim-business development cat. And if true, there must be some business to develop. My bet he’s looking for the best “big brother” to be found to do what he does best: smooth-talking the military-intel-industrial complex with the focus and appeasement demanded by Raytheon. And please don’t ask how we pay big brother.
But back to VFK. It’s his baby – he has the most to lose. And with his years of finance experience I don’t think he’s setting himself up as a dud.