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Re: Mogus post# 2427

Wednesday, 02/02/2011 8:00:16 AM

Wednesday, February 02, 2011 8:00:16 AM

Post# of 43288
Boeing expressing interest is a big deal? Sure. It would be a big deal if a big company wasn't. However, usually there are more than one Letter of Intent (LOI) or Letter of Interest when applying for a partnership or grant funding. A LOI usually means you have someone try out the product with certain rights. For Boeing, they may have exclusive rights for a defense company.

NASA Phase III funding won't happen. I can vouch for that. Also it would be 3 years in the making. NASA will only fund software in a Phase III implementation with previous funding opportunities.

While at it, the National Lottery is at $20 million. I think 3DIcon should come out and say they plan on getting funding while investing in a $5 ticket from it.

The problem is, they pump out needless PRs that don't mean anything. Intent. Interest. These are forward looking statements that don't necessarily mean the company is going to do it. It is especially concerning if they're focusing their time on $50,000 - $150,000 in funding for 1.2 years.

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