Multi...there is nothing "unclear" about that. But tell me this.
In Dumas's March tome, where does it clear up the overhanging issue going on a year now, of how they would get their Palmdale Strat thru FAA airspace 8 miles to Edwards to do those final tests? It doesn't.
We only learned yesterday, that the apparent solution was a complete build out from scratch of the Strat at Edwards.
I don't know if they dismantled the Palmdale model or not, trucked it to Edwards and glued it all back together...I don't care. It was done, apparently.
My point is this.
If you state so vociferously a year ago, and repeat it ad nausea as a concern (FAA clearance to move the sucker from point a to b), that is a material issue. (Ad Nausea is over stating...kindly, done on more than one PR and interview publicly released).
When you have solved the major hurdle that was so material a year ago and has psychological impact on share value because it was such an issue, why in the heck don't you disclose the solution when it is immediately solved?
And the Dumas tome doesn't state it was solved...btw. At All!
And I don't want to hear top secret is the reason either, 'cause that's BS, as this is a public company not under government contract. The reason is clear to me.
It's a disconnect between techie brains, secrecy and the need to remember to keep your shareholders informed of your progress, particularly when and if you lay an egg in their lap to hold onto for an entire year, that they thought was a material obstacle.
I realize, unless you are a new investor, this is only an issue for those longer termers.
But I see it as a real ongoing issue for Public Relations for GTE and not just on the Strat. And besides answering emails, and such, the primary function of IR is to build, bridge and maintain investor confidence, through complete and timely disclosure of information... Not privately, selectively, and certainly not in violation of trade secrets, etc.
The nature of this investment is constantly a pendulum swing of emotions between hope and uh oh's. Hey that's what a start up risk investment is all about.
I'm just asking the company to take the Uh Oh's out of our side when they have the power to do so, and in a timely fashion.
Is that too much to ask?
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