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Re: ColeThornton post# 154791

Thursday, 09/11/2014 4:14:35 PM

Thursday, September 11, 2014 4:14:35 PM

Post# of 157299
What I do know is that Kevin is now well-funded to work on his tethered HTA drones. IMO, and what is my opinion worth really?, Kevin leads the US market on this product. As Felcia said publicly recently, all they need to do is soldier proof it and it will be ready for heavy commercialization and military sales. The next 10-Q for Drone should reveal their R and D budget--although if you back out salaries, a little money goes a long way on MAVs. Kevin has the tether technology already and the MAV parts are inexpensive.

I can think of at least two Florida MAV companies that would be ripe for Drone/Frost acquisition. Picking up the struggling start-ups with products and IP is possible if you have strong funding behind you IMO. Drone is lucky enough to occupy a nice position in the market. WSGI is lucky to hold $10MM shares IMO. I personally don't view Dr. Frost as a pirate and deem him very capable of advising and supporting Drone into market strength and healthy SP. But I have never met the man. You don't think Dr. F is a crook do you? Holy cow!

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