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Re: flybyday post# 152514

Friday, 05/23/2014 10:11:30 PM

Friday, May 23, 2014 10:11:30 PM

Post# of 157299
fly, I agree that time will tell.

Assuming Argus technology can reach 65k feet. It also must have an advantage over the Google balloon and Facebook plane that someone would be interested in.

Goog and FB have taken different approaches to reaching the same area of the stratosphere so it is a place that important players are attempting to conquer - still....after many years and no one can say they did it and commercialized it with a persistent and sustained vehicle.

That means we still have a chance. The military was interested and the consortium has now taken it on. After all of these years, we might finally be 'this close'.

I am not so sure about the financing angle until we have money in the bank and we see who is willing to give us 1M when we sued our last finance partner, defaulted on two promissory notes, and are allegedly in debt to our last PR firm.

I will still give Glenn the benefit of the doubt for now. After all, he was able to orchestrate the partnerships that led to the BIB/WASP business. Whether it is a success or not remains to be seen, but it at least gave us a chance at a legit business and brought in sales the likes of which we have not seen.

Glenn maybe trying to fleece us as some, including myself, have thought at one time or another, but after considering our current circumstances and our precarious cash position relative to debt, I think he is trying to make something happen with what limited resources he has at his disposal. If he pulls this off, it will be a miracle given our legacy.

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