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Re: Bearslayer post# 137551

Thursday, 05/31/2012 10:35:43 PM

Thursday, May 31, 2012 10:35:43 PM

Post# of 157299
Yes, it's a limited video for a reason. You're assuming the reason is classified and I'm assuming nothing. For all we know, the airship can't get to 5000 feet and that's why we've never seen a video of the airship being a small speck in the sky.

Surely you don't mean to suggest that free-flight testing was done in Nevada based solely on this video clip showing the airship puttering around at no more than 100 feet off the ground, do you?

At the conclusion of the Yuma testing, Estrella stated that tethered testing was completed and the airship was cleared for free-flight testing. Now it seems all we've accomplished in Nevada is more tethered testing. No mention of free-flight testing at all in the PR.

I'm not assuming anything based on some crappy video showing the airship sputtering around where the ground is still visible in every scene. I'm sure many here believe the airship has been tested a high altitude, but to my knowledge we've never seen that stated in a press release, nor have we seen any video showing the airship more than a couple of hundred feet off the ground. The 20K feet seems far out of reach to me.

Wildwest stated that testing takes YEARS. This company doesn't have years. They are nearly insolvent, and with the continued crappy share price, it doesn't seem likely the LJ funding will be forthcoming without extreme dilution.

Maybe Clark left because he knew he couldn't keep his promise of no reverse split going forward. Anyone ever think of that? He expected the share price to rise and the LJ funding to happen without further share dilution. That didn't happen. How the hell are we supposed to get to Nasdaq with 500 million shares issued and the vast majority of those being in the float, and more free-trading dilution coming our way if the LJ funding is tapped? I'm beginning to think Clark saw the light at the end of the tunnel, and realized it was the train.

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