Tuesday, September 15, 2009 1:04:20 PM
Hi rpg,
I hope this message will explain to shareholders our relationship with NASA. We do in fact have contracts with NASA. Every PO I sign becomes a contract. NASA did a open procurement so that individual contracts for each NASA dept. would not have to be generated and signed. As part of the procurement, NASA welcomed other companies to prove their abilities and quote. Upon receiving NASA’s solicitation, I was asked by many of the “recovery companies” if we would license our equipment to them. I refused and forwarded their email requests directly to NASA thereby further validating our work. In the end, it was easy to determine that these companies were using original equipment and were not able to read tapes with any kind of validation or accuracy.
This has allowed us to receive tapes from many different departments. We are now reading modern cartridge media (4mm,8mm,DLT,SDLT that are now no longer reliably readable) for NASA. In addition, we are now beginning batches of fiche and film. This is in addition to the 7,9, and 28 track tapes.
This all involves much engineering, scaling, and retrofitting. I am looking forward to working with an experienced management and acquisition team soon as I am completely saturated in work.
Of course there are other businesses in this space -- but anyone connecting a drive to a PC is now in this space -- and that is exactly what they are doing
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