I received an email response by VP IR, Michael Jordan. He confirmed to me that they are absolutely aware of the strong pps decline. However, they are now fully concentrating on getting the next two steps (mini evac + proving flights) done and he confirmed that they are currently waiting for the FAA to confirm the next test date. As they are not allowed by FAA regulations to PR anything about what is going on other than accomplished/passed milestones like the mini-evac, they kind of have to refrain from issuing a PR. He didn't confirm any timeline as to when they expect the FAA schedule for the mini test but of course they are pushing for it.
So, basically nothing new at this point as all this has been posted here several times so far. However, I still highly appreciate to get all this directly from a BLTA manager and not from hearsay.
To me nothing sounds like imminent bancruptcy, they are putting a lot of efforts in keep on going and I actually count on the major investors such as The LT e.g. and the others that it just doesn't make sense for them to throw the towel now, hence realizing the biggest loss they can have compared to keep on financing the company just a little longer to get the last two steps done.
So, I don't care about the current pps (as otherwise I would get a heartattack - lol).
Right now I would have lost almost all my money, so, I keep it with the investors....doesn't make sense to stop things now!
MIT
AI
