[FPSPACE] MirCorp for liquidator?

[KEITH GOTTSCHALK]

> Maybe MirCorp should hold a bake sale?

  Congratulations Dwayne, 

       for your careful comparisons of how EVERY press
release from MirCorp contradicts the one they issued the
previous week. I notice that the NSS & other space free
marketeers confine themselves to issuing press releases of
regret.  But they show no inclination to put their money
where their mouth is, & buy shares, make donations, etc to
MirCorp.

    Dwayne wrote that his initial postings got him howls of
abuse by email from the unrealistic MirCorp fans. I hope he
kept all those email addresses for an "I told U so" retort
when the sad ionospheric cremation inevitably occurs. We
could say that MirCorp deserves praise for its brave,
pioneering, taking of risk. Many of the initial private
investors in railways, & underwater tunnels, & airlines also
lost their risk capital. 

      But if space marketeers are to charm NASDAQ after the
Iridium & MirCorp fiascos, & not make venture capital
raising impossible for Kistler, Roton etc, they need to be
toughly realistic about their business plans.  

    My comments are not meant as taunts to provoke another
exchange of spam  fire :)   We all celebrate private
business growth in comsats. We celebrate the start of
private business in selling, & in digital processing, of
R.S. imagery. We will cheer on Teledesic, ICO, Kistler &
Roton if they merely break even & survive.  Everyone on
FPSPACE hopes to still be alive in the old age home when the
decades-proposed Japanese LEO hotels finally open for their
first guests. (John Glenn & Buzz Aldrin on their 100th
birthdays?)

     But experience indicates  that space venture
capitalists need to work far closer than before with
investment advisors, brokers, & chartered accountants who
have actually succeeded at innovative risk taking. Unlike
software ventures, private space business has er,
astronomical capitalization requirements.  

    Remember MirCorp, you have only twenty years to
fund-raise for an ISScorp, when it too will become an
orbiting museum piece ........