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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

De-Politicize The Court / WheelTug

July 5, 2023July 4, 2023

Watch.

Turns out:

1. The gay couple who wanted a homophobic web designer to do their wedding page doesn’t exist.  But the Supreme Court chose to defend her against them anyway.  It was that important.

2. The private company cited for potential losses from Biden’s student-loan forgiveness order wanted no part of the lawsuit — and would arguably not have suffered a revenue loss even if the Court had not risen, unbidden, to its defense.

3. The Court ended affirmative action in universities — but not in military academies.  There, apparently, race can be taken into consideration.  For reasons that somehow don’t apply elsewhere.

Watch the clip and see what you think?


And then there’s this: Ethical rot and John Roberts’s indifference.


We shouldn’t pack or stack the Court.

It’s already packed and stacked.

Dramatically!

Six to three in favor of the party that has LOST the popular vote in seven of the last eight presidential elections!

Rather, we should UNpack it.

UNstack it.

DE-POLITICIZE IT (as outlined here).




Long-suffering BOREF shareholders will have noticed the stock is back to where it was when I first wrote about it 24 years ago.

And yet its main asset, WheelTug, continues to inch forward.

Writes CEO Isaiah Cox:


Airports Are Starting to REQUIRE WheelTug-Compatibility

This is big news, and the culmination of many years of effort by the Airports team that Jan spearheads:

Mumbai Airport is putting WheelTug Compatibility in their list of Requirements for new systems to be installed at the airport!

From page 12 of this document:

<< The system shall be forward compatible to the regulations and technology in
development as far as practicable, such as the recommendation of DGCA/ICAO in
use of colours, symbols, and graphics to depict guidance information to aircraft, or
aircraft that are fitted with Wheeltug System parking (near) parallel to the terminal
building so as to use two PBBs for faster turnaround. >>

And we understand that every Adani-managed airport (including the new Mumbai) will have those same requirements!

This means that the Visual Docking Guidance Systems will support the WheelTug Twist out of the box going forward. And once it works at one airport, it can readily be done at all!

To my mind, this is the definitive answer to the question: What do Airports Think?


Needless to say, I’m relieved that you and I bought shares only with money we could truly afford to lose.

But who knows?

It could still happen.

And at Monday’s $3.35 a share (valuing all of BOREF at $17 million), it can’t possibly fall by more than another 100%.

 

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