Who is MAAB Global Limited?
They are listed as the Parent Company. Is the "M" Matthews and the "B" Bruce Bent? Note that "On March 14, 2018, MAAB Global Limited, the parent of Astro, issued a Promissory Note for monetary advances to the Company of up to $750,000. The Promissory Note matures on February 28, 2021. The Promissory Note has an interest charge of 10%, compounded monthly."
Why is there no mention of Paul Beard of uAvionix as a Board Mmber in any filings? They has a PR that announced his participation but he's not in any sworn filings. Also Beard does not list this on his LinkedIn data.
How many employees does the company have? The company shows only $270k of R&D in Q2, which is woefully insufficient to certify an aircraft for manned flight at any level other than US FAR 103 (ultralight).
Doesn't smell right to me.
