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Re: BDay43 post# 136456

Monday, 04/30/2012 6:24:58 PM

Monday, April 30, 2012 6:24:58 PM

Post# of 157299
Perhaps another Chairman's Letter to Shareholders will be forthcoming. But since it would likely be edited by the remaining dream team members, I'm not getting my hopes up that it will contain anything new. We'll likely be informed the Argus airship continues to have "interest" and nothing more, whatever that means. If one were to believe the dozens of news releases over the years, every airship ever being developed by the company had lots of "interest" by potential customers, but none of that interest translated into sales or contracts, with the exception of the SkySat purchased by GTC, and that doesn't really count in my book.

3 months until the shareholders meeting. I guess we have to wait and see what unfolds between now and then. I hope our expectations aren't misplaced. 3 months isn't a lot of time for anything to get rolling. If something was already in the works, I feel Clark would have stuck around at least until it was announced, then stepped aside for the new COB to guide the company in the next stage. Share in the credit then make a graceful exit. Not like this, without even a comment in the news release about wishing the company well going forward.

I don't believe Estrella's spin on this. Clark either left in frustration on his own, or was removed by the board. I tend to think he left in frustration and simply wants to put this failure behind him.
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