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Re: flybyday post# 122856

Tuesday, 07/27/2010 10:52:27 PM

Tuesday, July 27, 2010 10:52:27 PM

Post# of 157299
"or perhaps just maybe they did their due diligence and ascertained viability and a market for this product?"

Oh? They did this from their long track record, and vast expertise in the field of aeronautics and UAV's? Because certainly their due diligence did not include the typical evaluations of P&L, inventory, patent licensing revenue, patent defense success, customer testimonials, executive team track records, independent auditors, and the like.

"And of course if the SEC is in the business of shutting down companies with no revenues or an unsuccessful product ..."

THIS is exactly why it's taking the SEC so long. They have to clearly distinguish the two. But, I have very little doubt of that end result.

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