[FPSPACE] MirCorp's money for ISS ?

[David Anderman]

At 03:48 PM 10/17/2000 -0400, Dwayne Allen Day wrote:

>(It is also interesting to note that the money in question was owed to
>Energia LAST MONTH.  It was around October 3 that Manber admitted that
>MirCorp was two weeks late on its payment to Energia.  And that is the
>money that is being promised by November.  There's a great George
>Thoroughgood song about promising his landlady that he'll pay her last
>month's rent next month, just as soon as he gets a job...)
>

Let me state the facts again:

MirCorp's investors have paid over $30 million to RSC Energia to 
date.  MirCorp's investors have now struck a deal with RSC Energia to 
reimburse RSC Energia for the current Progress launch within 6 weeks. I 
would assume that various penalties would accrue to MirCorp's investors - 
such as loss of equity - in the event that these monies were not paid to 
RSC Energia within the specified time frame.  Whether or not the money is 
paid on time is irrelevant to the central issue to suitability of space 
platforms for commercial purposes.


>Someone on this list noted a week or so ago that MirCorp has had eight
>months to generate revenue and has failed to do so.  Who was that?  I
>can't remember...


MirCorp has spent most of this year searching for customers, and has had 
more success than one Dwayne Day suggested was possible at the beginning of 
the enterprise. I could look up his original predictions about his views of 
the potential for business at Mir, but most readers here are already aware 
of the discontinuity between his predictions and the resulting reality 
(such as his predicted number of space tourists  - "0").

DWA