An Update from Kendrick. His response to my email.
Dear xxxxx,
In answer to your specific questions.
The introduction of the coconut factory and Aid Free Zones exactly follows the stated strategic goals of Mineseeker. Detecting landmine areas, isolating or removing them and releasing the liberated land of commercial purposes is fundamental to the business model: Always has been, always will be. Large area reduction is critical from a humanitarian perspective - since up to 90% of land designated as mined is, in fact mine, free. However a huge cost is involved in surveying the land, whether it mined or not. Our system will offer a far less expensive option. We have always recognised the commercial opportunities that will arise from land release and it has always been a part of the plan. The coconut factory, within the Aid Free Zone should become very big brand. Humble beginnings, I know, but you have to start somewhere.
The auto gyro is a potential aircraft for the future. Dick Truman has tested and trialled it. If successful it could reduce operational cost by a factor of ten. The German manufactures are very credible and have paid Mineseeker for Dicks time. Dick is highly experienced and if he says it is worth pursuing - that's good enough for me.
A new side by side model has been announced and I attaché a picture of that. We will continue with this evaluation programme and also plan to enter more arrangements with other companies regarding other platforms, including UAV's.
I take your point about some of the shareholder critics. Given the experience they have had with other management teams, I can't say blame them but I do agree with you that personal attacks and name calling are not helpful. I am surprised at some of the remarks you mention.
xxxxx, the only real way to answer these negative remarks is to make sure the company performs and creates profit and shareholder value. I am confident that this team will provide that.
Thank you for contacting me.
Mike Kendrick
AI
