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


To: gtoland who wrote (369)7/24/1998 5:56:00 PM
From: gordon_g  Read Replies (3) | Respond to of 680
 
Although I only have about two weeks of experience with the stock market, I'm going to go ahead and put my two cents in. As gtoland stated, things that are said in this forum should be taken with a grain of salt until verified. Whether it is Luxor stating that he has a source telling him that E-Prime is going to be sold or Soxan and Flier telling us that they have talked to Bob Davis and he is close to resolving the START problems, these things need to be verified. Information on this company is very hard to find. If you call E-Prime you get an answering machine. If you search the internet you'll find a couple of message boards with tons of speculation. All I have been reading for the last two weeks is that Bob is in Washington right now working on the START Treaty, but I have no way of even substantiating this. Not that I'm calling anyone on this thread a liar, but the simple fact is I don't know anyone here from Adam and neither do most of you. What would really be nice, was if E-Prime were to actually let its shareholders know exactly what is going on. Depending on Soxan, Flier, and DCrocketman to get the news to the rest of us is not good enough. Perhaps spending less than $50 a month on a webpage would lend some much needed credibility to this company. Even a recorded message by Bob Davis on the answering machine every week or so would be a start. Well that's my two-cents.

P.S. - If E-Prime already has an established way of communicating with its shareholders, ignore almost everything I said.



To: gtoland who wrote (369)7/25/1998 2:04:00 AM
From: gtoland  Respond to of 680
 
This is an interesting press release about commercialization of rocket launching.

For Immediate Release Contact:
Rick N. Tumlinson
818-985-1947
800-778-3528


NASA SPACE LOAN GUARANTEES ARE "DEAD ON ARRIVAL"
Los Angeles, CA, June 10, 1998 -- The Space Frontier Foundation today pronounced the idea of the National Aeronautics and Space Administration (NASA) providing government-backed loans to builders of space vehicles "Dead On Arrival" with the American taxpayer. The space agency has publicly proposed using taxpayer funds to underwrite what could end up being billions of dollars in loans to firms building new space launch vehicles. This is one of the many proposals that are aimed at speeding the transition from today's government-owned Space Shuttles to the era of commercially owned and operated space fleets.

"Federal loan guarantees sound nice, but they are a bad idea that will wreck the embryonic reusable space transportation industry by warping the market and stifling innovation," says Foundation President Rick Tumlinson.

Although loan guarantees are being proposed by some at NASA as a way to help all companies, the Foundation believes that this subsidy will actually serve to prop up bad projects and could unfairly stack the deck against smaller and more innovative firms.

"The government has no business picking winners and losers in this new industry, and that is exactly what this plan does," stated Tumlinson. "If Wall Street looks at a company's business plan and says 'No,' then why should the taxpayers be asked to change that to a 'Yes'?"

Currently, taxpayers spend over $10,000 per pound of payload launched into space on the Space Shuttles and other traditional vehicles. The Foundation firmly believes that the transition of all space transportation to the private sector is the only way to radically reduce the cost of access to space, and it is currently working with several space transportation firms to develop government catalysts and incentives that will support the rapid development of this new industry at no cost to the taxpayers.

"Federal loan guarantees are a bad idea because of what will happen to the firms who don't get any support," continued Tumlinson. "There are several privately-financed US companies currently developing new space ships out there, and most are opposed to this idea. For them the rule is fair and open competition. And that is good for America."

-30-

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The Space Frontier Foundation is an organization of people dedicated to opening the Space Frontier to human settlement as rapidly as possible. Our goals include protecting the Earth's fragile biosphere and creating a freer and more prosperous life for each generation by using the unlimited energy and material resources of space. Our purpose is to unleash the power of free enterprise and lead a united humanity permanently into the Solar System.

Gary