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Friday, May 24, 2019

It doesn't look to me that the Government $$$ is even a question. Look at the Execution Summary and Imhofe's report on the mark-up. As co-developers DOD is first in line. I see your scenario as plausible but obvi I can't get my head around what their up too. You always said "watch Mort." But I can't see the tells.

Can't see how the stand-off resolves unless they do an Elbit/Intel style selling the company to sector leaders. "It's complicated" sure would entail that sort of transaction.
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That may be part of the issues with "provisions in certain of our organizational documents, commercial agreements and our military contracts that may prevent or delay an acquisition of, partnership with, or investment in, our Company and our ability to develop original equipment manufacturer and mass production partnerships; "    sounds limited. It's my belief that the military and consumer will share the majority of the equipment so can they split the company?
 
Mexican stand off??? 
 
If partners are concern about military aspects and military  contracts/grants require some assurances who does that leave? Mort or some other arrangement.
 
My feeling is if they get the gov. funding Mort will do the other half financing. If no gov. funding  perhaps a change in ownership.

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