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Friday, 08/15/2008 11:40:03 AM

Friday, August 15, 2008 11:40:03 AM

Post# of 157300
I have some BridgeTech thoughts for discussion.

In light of this new discovery of a so called competing company formed by some former employees of Globetel, I initially had some positive and negative feelings about this formation. My biggest worry was that they could possibly beat Globetel to the market place. After spending nearly a full day on the road driving yesterday I began thinking about their status in this HAA game.

1. We know that they just formed this company.

2. It is going to take a couple months to order and receive all the components needed to assemble this mammoth thing, not to mention securing laboratory time at Livermore to do testing...Does anyone have any idea on cost of all the components? Anyone know if Livermore has a hangar/building big enough to house a HAA?

3. If Livermore does not have a facility, they will have to find one to begin assembling their version of the Strat...probably won't fit in Murch's garage...this will probably mean a time dated lease much like Globetel had for Palmdale...heck maybe they can take over that facility and pay the outstanding debt for GTEM...lol

4. If this facility is not in the US then of course what country would it be in? Also, that means Mr. Murch may have to leave his sunny California house to oversee this project. One could only imagine the stress involved with moving a family internationally and overseeing a big project like this.

5. Why go international you may be thinking...Remember the difficulties GTEM had getting airspace approval to test, I imagine they would have similar delays or problems getting adequate approval to launch (probably even some difficulties launching at Livermore). So, getting airspace to launch in US would probably delay a couple more months, or they could partner with another country...anyone venture to guess which one?

6. They must maintain in good financial standing without ticking off any investors they do happen to land...including their angel investment company and partner Livermore.

Anyway, the bottom line is that all of these action items are going to take several month's to a year to assemble and begin their operation. So, at the soonest I see them at least a year out before any hard product (HAA) can be put to test. This means that GTEM has at least several months to get their bird in the sky before Murch can duplicate his latest workings (that is if that design/theory will even work).

Note all of these thoughts apply if they actually plan on making a product vs. scamming investors. Personally, I don't think they are in this game for scamming as much as they are with hitting the goldmine by being the first to provide this very needed technology. With all of these players in the game now it is not a matter of scam anymore, but a matter of time before this technological breakout occurs. Let's face it there are many different governments that would pay top dollar for this sort of technology, not counting the private sector.

Many bashers continue to harp that GTEM and companies alike are a scam, they very well could be as many other start ups could be as well. However, let's face it, this technology and technological theory is not. Whether it is GTEM or someone else, I am excited about this new technology. I just hope my small investment in GTEM happens to be placed on the company that can produce the goods.

Oh, one more thought...Don't you think this added competition in the marketplace will push all the other HAA producing companies striving to reach their goal of accomplishing an endurance HAA at 60,000 feet faster? I do.
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