I recall the same thing, (I think it was the shareholders meeting). Also from The May 2006 quarterly report it pretty well described what Sanswire was doing: "first phase will test the integrated subsystems within the Stratellite." I believe it was pictured by the reporter. Don't know why so many people are getting upset over the STRAT as it appears. It makes perfect since to test the components before the final prototype.
Sanswire Networks LLC Commences Float Testing of Sanswire II
On March 1, 2006, we announced that our Sanswire Networks LLC subsidiary had successfully floated the Sanswire II Technology Demonstrator Airship in Palmdale, California. This initial testing phase marked the first test of many currently planned for the program. This first phase will test the integrated subsystems within the Stratellite. The Sanswire float test followed our streamlined test procedure in order to validate the envelope integrity with the Sanswire proprietary lifting system and carbon composite structure. The testing process was governed by test procedures through a strict Quality Management System, which ensures both the safety and success of this demonstration.
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
