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Microcap & Penny Stocks : E-Prime Aerospace (EPEA) -- Ignore unavailable to you. Want to Upgrade?


To: soxan who wrote (78)4/14/1998 1:35:00 AM
From: Richard  Read Replies (1) | Respond to of 680
 
Hi Soxan,
First to your question to if I am Richard Hauser,the answer is no
and I have had no communications with him.
Of how long have I been following EPEA, I at the moment am not
sure of the exact year but do know it was in the early 90's. My
first real interest started when I read info on their Nov.-1988
launch of the first truly commercial rocket in U.S.space history from Cape Canaveral Air Force Station in Florida. The launch was a small
sub-obital rocket,Loft-1, carried 34 pounds of payload on a short flight downrange and was used as a "Path Finder" to determine the launch requirements of the Dept. of Transportation and the Eastern
Test Range, and not intended to go into orbit.
When I first bought into EPEA stock,the shares were a bit few
times higher than todays price per share,but over time I now have
a average price per share that is not to much higher than the
current share price.
Where do I get my information on EPEA, of which I can only say
is through hard work, for brokerage firms and the security
commission have been of little real help a little bit of help from
the U.S Securities Commission in Denver,Colorado. They are the ones
who maintain all the records for "penny stocks" in the U.S.. Betty
Davis been of help,but of very limited help in the last year for
any real hard facts and some more info that I have come by is from articles written on penny stocks.
On your question of what I think of the Start Treaty, I honestly
don't know much about the inner details to answer that question,
but would like to add a few remarks in this area.
Bob Davis has been at times termed slow in moving EPEA to get
along with launching, of which any of us that have been in EPEA for
years know things have moved to us like a snails pace, but Bob
Davis is not the blame as I will explain.
Back before Russia broke up,the U.S. and Russia had made a treaty
of the launching of ICBM's,of where they were both limited in angle
and direction of launching. Well this treaty was a thorn in the
sides of both, and took years to revise,as Russia government being
unstable at first and the slowness of both in dealing with the
problems the treaty the treaty was causing. In turn both France
and China started launching satellites, as both were not part
of the treaty. The cost was high with France and very limited,while
we all know that the frequent failures of China has put the
insurance to launch with them in the sky,so much so that few if any of late are using them for satellite launches. In the meanwhile
giants in this country like Lockheed could not launch because of
the treaty, till about 18-24 months ago when U.S. and Russia
revised the treaty. Well this also EPEA from doing anything also.
As we know last fall Lockheed had a failure with their large
Delta rocket, for which this has given EPEA needed time to resolve
the legal problems in Washington,as they do not have the legal
manpower or clout as Lockheed does.
As I mentioned in a earlier post, Epea has their launch setup
ready to go on Asension Island near the Equator,where that is where they will have to launch for their largest payloads from. What is
not known is how the Start Treaty effects EPEA from launching from there as I "Think" that island is British Territory, and where the deal EPEA has with the Spaceport when they launch from Asension
Island. EPEA Believer-Richard