Logandean, something is wrong with this picture. Maybe you can figure it out.
You state you heard at the shareholders meeting, Huff has a use for the Sans1. Because you were there makes it impossible that you would have misunderstood that he was talking about the S2A.
Rocky pointed out from the 3rd quarter business update Huff said in writing: And also stated on another occassion the Sans1 would not have worked.
GlobeTel 3rd Quarter 2005 Business Update and Shareholder Letter
Business Wire, August 2, 2005
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On the technological front, we have been the fortunate beneficiaries of a range of new developments - some derived from our in-house testing activities and others acquired from the scientific community at large. These advancements in technology have allowed us to re-think and to materially enhance our design and testing program. In particular, as we have completed a variety of low-altitude, tethered float tests using our Sanswire One Airship, a number of useful improvements have been identified. This, in concert with our extensive testing, has provided several generational leaps in the materials technology and composition elements of our prototype. Of significant importance, given the weight-to-lift ratios which are fundamental to the operational physics of our Airship, we recently embraced the development of a new, very-light-weight, carbon-fiber, composite material which will allow us to construct current and future airships in a way, and at a pace, which will substantially reduce our time-to-market, while dramatically improving our operating efficiencies. This composite construction will allow for greater platform strength, durability and payload capacities. This new carbon-fiber infrastructure will reduce our operational weight by approximately 50% (thereby increasing the payload capabilities) and, ultimately, it will reduce the assembly time by a similar amount. When combining this new very-light-weight, high tensile strength, rigid frame design with the new battery and fuel cell technologies which have emerged in recent months (which will also result in dramatic improvements in power-capacity-to-weight ratios), we have concluded that the optimal strategy for getting our first commercial vehicle to market, as quickly as possible, is to immediately leap-frog from Sanswire One to Sanswire Two. This focuses all our energies, all the expertise which we have gained to date and all our resources, both financial and human, on efforts which have a clear and immediate pay-off. Sanswire Two has allowed us to "funnel" everything we have learned from Sanswire One into a timetable which will put our first commercial vehicle in the stratosphere much earlier than we had previously expected.
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