Airborne Wireless Network (ABWN)

[Pilot Dave]

I used to own 5k of ABWN, but after watching it pop on a regular basis after each and every TV commercial then drop the next few months, I got the clue. The model seems like a great idea that captures attention, but the head picture I get is of a company being run by either 3 or 4 people who are either amatures working out of a small unkept office or real pros who know how to pump something thru bonafide business TV Ad expenses and having a good living. Not a stretch to me to wonder if they are able to make deposits to their accounts cuz they know when the next TV ad pop is coming since they buy the TV ads with company cash. And we all see the pop then watch the month or two long trickle down in price. And now, it looks like rather than leasing, renting, or having some sort of access to two Boeing 757s for testing that they used to have, they are now using what looks like to me, some cheap Cessna recip airplanes. Maybe low altitude recip test bed aircraft are all they need for these specific tests but I'm very sceptical. If this is such a good business idea, you would think that maybe the likes of a company like Google might jump all over it rather than go thru the extreemly difficult process of stratospheric balloons in geo-syncronous orbits. Just clearing all that with all the different countries regulatory and military organizations boggles the mind if you know anything about getting regulatory clearances. I hope this turns out well for everybody but I'm staying tuned to the TV program "American Greed" for businesses I've been familiar with