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Re: hedge_fun post# 1900

Sunday, 08/30/2020 5:57:23 PM

Sunday, August 30, 2020 5:57:23 PM

Post# of 2941
I could care less about what he said about the sensors or salvage industry. The interview was for seafarer so Don isn't going to say they suck and are on a wild goose chase. Once again we all know those people who are eccentric and you let them be as long as they don't interfere with your life.

What I got from that podcast is Don started a business and within two years went from 6 employees to 16 (flec interview) Also, in that interview he states that he is paying for seafarer's operations as a quid pro quo for the contracts P&S got because of Kyle's connections in DC. Finally Don states that he has 700 computers in his company used for crunching data. (Evidence of a pretty substantial investment in P&S)

So yes while Don may be clueless about underwater salvage operations (One podcast about a friend's company really isn't a big enough sample size to prove one way or another) that doesn't mean he can't run a successful business. On the contrary I think there is enough data to show that he can. If you do a quick calculation of what we know about P&S you can see that P&S is a multi million dollar business.

16 employees @ 75k a year= 1.2 million in salary

Healthcare, utilities, office space expenses in palm bay easily 500k.

So from information that we do know we can see P&S easily sees revenue over $2 million.

So while it seems like you have a sour taste in your mouth because of SFRX, sfrx has nothing to do with SOLS.