Artaflex Inc V.ATF

Management Shares

[musing]

Don't forget that the largest chunk of shares is held by the Israeli company and their reps on the Board are there on its behalf. I also think that some of the old timers, including Marti, bough a good size chunk of shares at .40c some time ago. But I don't know the exact level of holdings. If someone does, it would be useful to post that info.

cheers

[jackbnimble]

Yes you raise a good point. Even though we suffered through a major dilution, we now have a strategic owner who has a lot invested in the future success of this company in addition to the CEO and the Chair of the Board. I have reflected further on this latest announcement about "Adeptron Wins Aerospace & Defense Customer" and I have concluded that this is much more significant that

[160k]

Exactly.  This is what I was trying to convey here when I spoke about "Prestige" and the contract being a great honour to the company who wins it.  If it was the Israeli Defence Forces, and even if not, it meant, as you mentioned, that they have great confidence and respect for the ability of Adeptron to get the job done and to be as discreetly loyal and honest about it

[springwind88]

I agree with you fully. This press release does seem rather low-keyed and veiled in nature, and yet the potential it points to seems to be significant. Although the amount of the contract seems small, it is for a "large" OEM in the defence/aerospace industry, which means that there is a potential for the contact to grow over time if Adeptron can prove its value. It also gives