Message from Mike Hubbell, CEO and Chief Engineer.  07-15-13

 

AstroTech Engineering's Website is up and running!

 

07-15-13

 

Completed additional data input for funding requests on Gust.com  "gust.com/c/astro_tech_engineering"

 

Current Project on the fire:  Banshee-Mercury (IN PROCESS)

For integration into Unholtz-Dickie MA-117 or Ling Dynamics DMAX-5, 6, 12, 24, & 48 systems and Thermotron Environmental Chambers.

 

Pending Future Projects:  (In order of R & D approach)

Baedeker-Prometheus (Green-Energy Generation)

Tantalus-Cerebrus (MDOC Pilot Program for High-Risk CSC Release)

Quik-Loc"(AeroSpace: Govt & Private Research)

Project Poseidon-Neptune (Govt & Private Research Stations)

 

 

09-14-13

A new, green-energy, feature has been included into the Banshee/Mercury series.

 

 

10-12-13

The top two industrial  vibration amps that Banshee/Mercury is designed to interface with, were each discovered to have an unprotected fault which was never addressed with the existing fault protection circuitry.  AstroTech is moving to incorporate a proper fault-detection circuit and integrate this extra feature into the existing product-saver circuitry.

 

In each case, the unprotected fault, is a somewhat rare, but critical-failure mode.  When this failure mode occurs on un-protected systems, catastrophic damage ensues internally within the vibration amplifier.  The damage, universally will take the amplifier off-line and out-of-commision, until extensive repairs are made ($10K to $30K).  With one week to six weeks in down time.

 

Our special product-saver circuit, will prevent the damage from becoming severe.  The OEMs are FULLY responsible for their engineering mistakes and shortcomings.

 

11-11-13

AstroTech is currently placing portions of our Accounts Receivables up for cash sales.

Account #1006 currently stands at $8,740,656.00 and is expected to be paid not sooner than 12 months and not later than 36 months.

Exact procedures are being worked on right now.

 

We expect to break this account into 87 major units of $100,000 each.  These $100,000 units or "Blocks" will be further broken into $1,000 "Milli-Blocks" and sold at a discount for cash upfront.  The direct-sales buyers are advised that redeeming the original payments will take at least 12 months and may take up to a projected maximum of 36 months.  The "Tail-end-Charlie" $40,656.00 will not be included in this Major Block division.

 

We are also working out details on selling up to 30% of ownership in AstroTech Engineering to Investment Partners.  These $100,000 "Blocks" and $1,000 "Milli-Blocks" will be assigned / transferred to Partners at either face value or at a slight discount.  Purchase details in the form of foreign currencies and in BItCoins are being worked out.

 

TERMS IN BOTH CASES:  TO BE DETERMINED!

 

At this time, only a maximum of 30% of the 87 Major Blocks will be available for general final-sales or sold to other Partners, as ownership collateral.

 

It should be noted that, Investor Partners are expected to remain and retain investment/ownership with AstroTech for three to five years.  AstroTech will not buy-back these A/R certificates until after December 31st 2016.  After six months of the completions of 1st and 2nd stage minimum funding goals, a board meeting will be called to review earning and profits plus sales forecasting.

Direct-sales buyers will not receive any form of ownership in AstroTech, nor any share in future-profits.  This is reserved for AstroTech's Core-Critical Staff and for our Investor-Partners.

 

Dec 10th, 2013:  Three Intern-Sales-Person job positions have been created.  Each Sales-Intern is given 60 days to Successfully land 45 pre-order sales at $2000 (of the total $5000--not including installation costs) of Banshee/Mercury Mark I.  Rapid company advancements are open to the most successful salesperson who demonstrates through proof that they are the one who can "Get the job done".