AP: You want to tell me you get paid every time you say a stupid thing? Come on! We all get to be wrong, and with experience, I hope I'll get better. They couldn't get the numbers, something every other satellite venture should look at closely. I should have given up then (Aug 10).
The reason MOT is a big investor, I later realized, is that they have a large interest even if the company goes bankrupt. Just like Hughes (GM) wants to put in more to save ICO, they all want to protect their own interest (in this case launch contracts) that minimizes their investments greatly even if all goes wrong. I hope next time I'll be right.
I got to be wrong. And I was in pain the entire weekend just for the thought that someone may have taken an extra risk just for my postings. There was the hope it may be rescued before the $90M will be due (which, if you go back on posts, I stated that it doesn't make sense that it will be paid --before your happy halt). It's not fun to be wrong.
You don't know me, Mr. Not long ago for about a year, I used to go after every suspicious company and beg people not to trust the hype (some people like to learn it the hard way). It's still going on, and I can PM you when I get the company names over radio, TV, email, or other means.
I truly believed it will be rescued. And I emphasized many times, that the company, at least, will be saved. I have stated more times that this is a gamble, betting on the shorts for having even a little thing going right.
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