Communication Technology is Dr. Malone's profession. He is one of if not the best in the business. What we have to remember is that it takes a lot of R&D and cash capital to make this sort of thing happen (satellite connectivity globally). There is a huge cost in building the infrastructure. All of which is coming from investors in 1Worldspace. I believe Europe has realized the value of Dr. Malone's knowledge. I believe he has strong investors in Europe.
Dr. Malone in my opinion has always understood the value of the common shareholder. He has depended on their investments to help him reach his highest(no pun intended) goal in his career. In my opinion, he is giving back to everyone now...he is not trying to be the hero...he is trying to build the synergies needed to move forward. He is not going to tear down what 1Worldspace created. I am sure he was part of the Worldspace concept from the beginning. He is merely trying to build a better business model which makes sense.
Dr. Malone has plenty of money...the common shareholders of 1Worldspace are not going to make or break him. He is focused on the business plan and will make all the right decisions in my opinion. I like that he has kept things quiet while cleaning up the 1Worldspace books.
I am invested in the concept as well as the capabilities of the 1Worldspace staff. Dr. Malone was lagniappe for me. Great minds think a like right bepop?
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