I'm certainly grateful that this company hasn't gone bankrupt and wiped out us shareholders, but I got the sense that this company was going to avoid bankruptcy long before Clark came on the scene. In fact, once I realized that there was a true effort to avoid bankruptcy, I added more shares to my position.
The simplistic scenario you paint of Clark being able to swoop in after bankruptcy and start a new venture with Eastcor and GTC seems a little far fetched to me. Bankruptcies tend to be messy and drawn out affairs (that's not to say that this current situation isn't drawn out and messy). And then there is the issue of who owns or has the rights to the airship development technologies after bankruptcy.
You seem to think that Clark can do whatever he darn well feels like doing because he has tons of money and a reputation that proceeds him. Well, I would argue that if he wanted the easy way out, he wouldn't have gone anywhere near this company. He would have stuck to what he knows best: Wall Street and high finance. He certainly wouldn't have ventured into an industry that he knows nothing about.
Obviously, Clark wants to make money and saw potential in Sanswire. But my hope is that this isn't just about money or saving a dear friend from a bad investment. I would prefer to think that Clark saw this as an opportunity beyond anything he had previously experienced to build a company from the ground up in an exciting field where new, innovated technologies are being born that have the potential to revolutionize the telecommunications industry and change the world.
I'm not ready to call him 'savior' or crown him king. Clark's got a lot yet to prove. And even if we "...begin to see positive results from all our collective efforts by the end of the year", we may not know of those positive results until February 2012 when the fourth quarter results are reported.
So, I think our patience is going to be tested far beyond the end of this year.
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