If it is new it's not devastating news. Like you said, many companies have failed numerous numerous times. And I'm fine with that cause just shows that FAA is not just passing anyone that waives money in their face.
In a side note, when is it a better time to invest? Now at .02 or after completion when it is twice the price if not sure. Your comment there sits sour with me especially if you then say that you don't doubt this company will fly and that it will just be delayed. Waiting for the pps to raise before you buy is not wise either.
News 
Market Data 
Discover 
