Airborne Wireless Network (ABWN)

[gempicker]

Read the 10-K.....

Management here are complete fools. And the toxic lenders purposely destroyed and stole shareholder equity. Awesome, they all should be proud!

A couple tidbits...

Where the hell did the 5 mil cash position end of May end up? Mynaric’s costs for design and testing laser systems?

Big discrepancy... this 10-k states Mynaric delivered the 2 laser units in the summer 2018... no wonder the delay in progress... BUT. Mynaric and ABWN both announced these units were delivered in Dec 2017 ???
What gives? Curiously Facebook and Mynaric conducted air-ground testing next door to ABWN sometime in Dec-Jan timeframe?

Deicsions by ABWN, lenders, and suppliers/vendors destroyed this company, its reputation and any chance. Why? The only solution now is to sell out the tech and the Corp trading entity and its tax advantages. Only path forward.

Maybe the partner shows up soon. Maybe not. I don’t care, F it.

Down 30k. Thanks.. I will still hope for that Christmas miracle JV that runs this 100x. Probably close to 3 Billion OS; back to lurking.. GLTA.