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November 16, 2007

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This is an ambitious goal and one the company hopes to acheive before 2020.

Actually we reviewed and updated our timetable in the summer of 2006. In a nutshell we realized that in order to field a flight ready system we required much more testing that we had anticipated. On paper it's possible to just 'make it happen' without a rigorous suite of testing but in reality this would not be exercising fiduciary responsibility, nor does it take into account Murphy's law.

So it's been pushed back to 2031.

Since Summer 06 we've also suffered a setup back with the state of Washington SEC imposing a fine and our CEO, Michael Laine, loosing the lease on his office building. The revenue from the building was providing the majority of our daily operations fund so we're at a bit of a stand still at the moment; still in the game but not as 'peppy' as we were a few months ago.

Brian Dunbar
LiftPort

@Brian. Thanks for stopping by. Sorry, I was not aware of the recent setback at Liftport. There is no doubt that Liftport's goal is ambitious. But rest assured that there are many people hoping to see a successful system in operation. Keep pushing forward...even though you might have to take a step back every now and then!!

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