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Re: Smooth post# 29813

Tuesday, 10/27/2009 4:28:16 PM

Tuesday, October 27, 2009 4:28:16 PM

Post# of 79740
Smooth, you pointed out a real important factor the technology has not been verified by a contract for the gov't.
The contacts that Masta is showing will never support a .25 pps which the mods were saying it would be by the end of Sept and $1 by EOY. It will take 100M to get .25 and 400-500m to get to a dollar. I believe they are having trouble getting the new co. structure approved by the gov't for a SDVOSB. When I was working with the large co. there were the minority supplier requirements. The large co. caught on real quick that most were a paper sham by putting a figure head on paper as the minority owner of the co. The companies were really owned and run by the investors. I believe the gov't is not going to fell for this sham. I believe they are having to verify that Richard is the real head and is not just a figure head while other investors are running the show. Its this I believe is holding up the contracts more than anything else.