Supersonic's Profile
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Insider / Pro Group Participation: BUYERS IN THE LAST PRIVATE PLACEMETN
Insider=Y /
Name ProGroup=P / # of Shares
Viraf Kapadia Y 1,750,000
Charles Wyburn Y 1,880,000
John Thorburn Y 80,000
I think the transition from R&D to commercialization has been hard for Mr. Sparks because his role has been greatly reduced and becoming obsolete. It’s always hard when you’re at the head of your department and next day they decide to downsize.
I’m sure he’ll be compensated for his years of service.
Astrium pays Star. Star gives Mr. Kapadia his royalities and the balance is Star.
Is this what it mean
Looks like you guys have changed your thesis on the company, and you should never be invested in a company especially when you don’t believe in management or mistrust them.
To help you out as an investor/trader you should figure out your CA (cost average) and add 10% for your trouble and sell if you haven't done so already.
Good luck in future investments.
ANJ2.... This might explain why they needed to raise capital... something they couldn't explain in their PP press release. But I'll bet you my bottom dollar they're expectiing to install all 12 installs...
A friend of mine was @ the Farnborough Air Show and he was amazed at the demo STAR was displaying. He said it was like looking at a real aircraft cockpit and see all the instruments from the ground.
PS. This is only the beginning ... you have install on Airbus and now a Boeing
you have to see a realtime demo to appreciate what you've invested in.... you'll be speechless.