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Bullboard - Stock Discussion Forum Star Navigation Systems Group Ltd C.SNA

Alternate Symbol(s):  SNAVF

Star Navigation Systems Group Ltd. is a technology company. The Company is focused on providing aerospace and transportation data services solutions along with hardware and software platforms that assist aviation and other transport related operators worldwide. It manufactures In-flight Safety Monitoring System (STAR-ISMS), an aircraft computer that is at the heart of the Star Airborne Data... see more

CSE:SNA - Post Discussion

Star Navigation Systems Group Ltd > Will the real BL please stand up
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Post by BarneyL on Feb 23, 2022 10:55am

Will the real BL please stand up

Good Morning,

Barney Lassche. I am the real BL

Star Navigation is under new management. Plain and Simple.
What wasn't plain and simple is how we got here. Shareholders spent hundreds of thaousand of dollars in legal fees fighting previous management that refused to relinquish their hold on the company. 

Shareholders own this company and the shareholders I know are happy with the current management and their effrorts to get sales. Shareholders by the way that funded the lawsuits to get to this point.

If anyone is not happy with their investment, Star Navigation is trading again. No small feat.
Feel free to sell your shares and get out. If you feel the need to criticize do it contructively.

This is not the same Stockhouse from previous. If you come here to bash Star it won't be tolerated. You will be warned and if it continues you will be removed. The days of name calling and the stuff that went on before is over.

Let the guys do their job. They know the share price will not go anywhere until sales and results from their partnerships materialize. 

We did not go through the last 2 years to fail now. 

Have a great day everyone!
Comment by Golfdaddy55 on Feb 24, 2022 1:06pm
BL Good to see you back!   First time I logged into Stockhouse this year.  Caught up reading the FLY board and here. Same old bashers and promoters as two years ago on both boards.  Only sales will revive both companies.  Cheers and be safe Golfdaddy
Comment by BarneyL on Feb 24, 2022 2:03pm
Cheers Golf!
Comment by Newtechfan on Feb 25, 2022 10:45am
Oh boy, you are STILL part of STAR ! ‘New management’ indeed: you, same CFO, CEO back from the past of STAR, same ‘Sales team’ that we can see on the AGORA video, from the reading of the financial documents same Engineering…..same old same old. Ah yes, a bandwagon of consultants with on paper brilliant resumes (why did they quit their jobs to come to a company such as STAR?) Anyway, the proof ...more  
Comment by BarneyL on Feb 25, 2022 12:24pm
No, my long time friend, I am not part of Star but I will always be a friend to Star. As you know the hardships Star endured and what we had to do to keep going.  Did you know for the past year and a half that all the employees took 80% pay cuts, down to almost nothing to keep the ship afloat? You know why? Simple, because they believe in the technology that they created and they know if ...more  
Comment by Newtechfan on Mar 03, 2022 2:18pm
I wrote 'the proof will be in the pudding' . Well the pudding has been served. Have a (real) look at the published MD&A.  No sales. On a continuous basis Based on the 'revenues' generated by the only two aircraft equipped with STAR ADS , it would take more than 150 aircraft equipped with ADS to cover the quarterly expenses.  So" when is the next PP to keep the ...more  
Comment by thearab on Mar 14, 2022 2:17am
FWIW--------I visited the Star Head office so many years ago that I forget how many years it was.I met the owner at that time ( a real nice man) and I was taken in to his offive and shown some very confidentional information I was impressed enough to invest in the company unfortunately Star got into a major fight with another company over the rights to the technology the other company which I am ...more  
Comment by BarneyL on Mar 14, 2022 6:13pm
Hi Arab, I do remember you posting here back in 2007-8. If you still have some shares hold onto them. The boys are very busy these days. Hopefully they can announce orders soon! Best Regards Barney