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Re: Mt bigsky post# 128232

Tuesday, 04/12/2011 11:40:35 AM

Tuesday, April 12, 2011 11:40:35 AM

Post# of 157299
Words huh, how about DD deeds.

Let's see:

1). GTC a year ago decides (before Clark) to buy an interest in a Skysat from SNSR for 250K with an option to buy it entirely for another 750K. Meanwhile, testing it away for a year.

2). Clark, et. al. cleans up the previous Gtel mess and initiates Space Coast initiative, settling the SEC case.

3). Clark, et. al., with Eastcor, now an investor, invent a new airship.

4). Clark, et. al. announce unveiling of Argus 1 and announce they intend to also deploy the Skysat as part of an integral program.

5). Clark, et. al. announce $1.5 mm Space Coast funding match.

6). Clark, et. al., confirm L3 is collaborating with SNSR on key ground control centers for the flight ops.

7).I see in the GTC, (a certified DOD contractor) disclosure of a pending ground station contract with DOD in Afghanistan.

8). GTC, a debt free cash flow positive entity, agrees to be acquired by SNSR(BOD of both entities vote to agree) for a rather modest sum.

It seems to me that Phipps and GTC having been privy to the SNSR tech first hand and seeing what Clark's ultimate plan was (see NDA), decided that a better, bigger and faster return could be realized by joining his ground operations with SNSR's air ops sooner than later and being a part of a public rather than private enterprise enhances that outcome.

m



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