Briggs Aerospace Technologies
 

News 

22 February 2013

Prospectus review reveals startling figures

With the review of the Aceson prospectus underway, the new study review has surprising elements.

Waiting lists or back-orders for airliners in the DC and DJC market have jumped up 25%, from 5300 to 6700 last year.

This is spectacular news for the Shaneen program, which only needs to sell 200 airliners per year.

Advertising flyers under development

To spread the word and ask for people to buy bonds, Briggs has advertising flyers under development.

Briggs is also looking at posters to assist with the advertising campaign. The flyers will be distributed to blue chip suburbs first in the hope people will get involved and buy bonds. The date when this commences is not available at this time but is thought to be around a month to 6 weeks.

For a multi-trillion dollar aerospace effort the launch into the public sphere is crude; trudging many kilometres delivering pamphlets. The big unknown is how fast bonds will sell, although the campaign is a winner - cleaning all the world's ocean's with 10% returns betters almost every other form of investment.

Councils contacted from Wollongong to Newcastle

As part of the build up to the public debut of Aceson, Briggs has notified nearly all coastal Shire, urban and City Councils between Wollongong and Newcastle.

Each Council has been sent a prospectus with a cover letter attached. The integration with councils is seen as an important part of Oceaneleen.

The move shows how close Aceson is to breaking into the media spotlight: Briggs is leaving the media to itself rather than courting it in a move to help retain workload. A high media presence at this stage would be seen as a distraction to the effort, with the high workload on at present.

Briggs tries to save Queensland

The effort to involve Queensland in the Shaneen incentive program has backfired, with a single-point failure potentially costing Queensland its chance at the multi-billion dollar per year site.

The error has been addressed to the Queensland Premier, though at this stage only 6 months is left to form a team. The Queensland Deputy Premier, Minister for State Development, Infrastructure and Planning, the honourable Jeff Seeney's office responded in a way which was unfit for a state politician's office.

Although disappointing, single-point failures - where one individual can make a large error, costing billions of dollars - were expected. Whether for reasons of fear (of not knowing what Aceson is), ignorance, laziness or other, single point failures are common in government.

Briggs continues to develop means to overcome such failures by government in future.

5th February 2013

New updates available for Incentive program

The state government submission guidelines have been updated on the fifth of February. Among the changes is a new option for consideration; allowing compulsory acquisition rules for the Briggs Co-production site. 

The closing date for submission bids has been extended by a month to 18 July 2013.

Aceson debut pushed back saving $3 billion

The public launch of Aceson has been held back while the foundations of the airliner program are established, and as a result saving $3 billion in compounded interest. 

The reason for this is to overcome the high compounded interest which would otherwise be incurred if all of the bonds sold immediately. The location planning formulating the placement of the Shaneen4 and Shaneen5 co-production facility is independent of Briggs capital - it is a state government responsibility to create bids. This means Briggs is saving substantial interest repayments by delaying the launch.

The interest, which compounds, would have cost (primarily Oceaneleen) billions of dollars in additional interest to bond buyers by launching early. It would also add another year to the repayment schedule, again effort away from the Oceaneleen program.

The move also reduces the risk of Aceson, by reducing the amount of capital which must be repaid to bond buyers. It is felt most bond buyers will invest in Aceson bonds due to the security provided, as well as Oceaneleen virtues; on both count the hold-back reinforces both values.

Briggs estimates are based upon a 10 year repayment schedule in comparison to an 11 year model, which may be either be better or worse than what actually occurs.

11 January 2013

Submission guideline program underway.

The state governments of five Australian states have received a submission guideline for the forthcoming Shaneen airliner co-production facility.

The bid was created to assist state governments form a bid of incentives to Briggs to get the Shaneen co-production factory located in their state. New South Wales, South Australia, Western Australia, Queensland and Victoria have been approached with the submission guideline. It was felt the other states and territory's would not have either the financial or populations to form a competitive bid.

One of the surprising elements of the submission guideline is it doesn't just ask for capital. The bid process calls for various types of incentives, and recommends a team or task force be assembled to gather together composites to form a list of incentives that state government in particular will be prepared to offer. The formation of  a submission team has been requested due to the complexity of the submission guideline, as well as the speed the government needs to act to get a bid together.

The list includes training - both in the state and resources -, development application fast tracking, tax incentives, housing, land grants and other potential forms of assistance the state may help ease the development and completion of the Shaneen co-production facility, and introduction of both Shaneen airliners into service.

Should one or more state governments provide incentives will boost the enterprise in a symbiotic way, with the incentives boosting bond sales and the government being better prepared for the large facility, set to employ over 20,000 people.

Should the state governments fail to participate Briggs will base the facility at the default location; on the Central Coast, New South Wales.

Briggs creating solid foundations for Aceson

Briggs has begun the process of launching the Aceson program though public launch is may be up to several months away.

The designer began sending major infrastructural material out late last year. This was both the Shaneen submission guidelines, the Aceson prospectus and the classified Aceson-X program, connected with the forthcoming Aceson II, expected later this year. The website is also being updated, and in 2013 will acquire a new interface for the new Aceson II enterprise.

Although the business wanted to launch this time last year, the delays caused by the genesis of Aceson II pushed back the public introduction. The importance of Aceson II development is clear when the goal of the enterprise is realised: the system will clean up all the world's rivers and streams; 97% of which are polluted. Considering all life on Earth needs water to survive, and the amount of fresh water rivers and streams in the world; this is a formidable challenge.

The plan is simultaneously easier and more complex than the original Aceson's Oceaneleen program, due to the latter being merely picking up litter: Aceson II must cope with many different forms of pollution, and, at times, the sources of such pollution. Pollutants range from weeds, temperature problems, clouding, agricultural, and chemical and sewerage pollutants and also illegal dumping. The program will be easier to organise, particularly with Oceaneleen providing a foundation for Aceson II's logistical development.

Aceson II's basic plan to combat pollution will use a series of teams to fulfil its tasks. The first team will forensically identify the pollutions and sources, the second team would develop ways and means to deal with these problems. The third would be the clean-up task force, regenerating the water system. The forth group would be a monitoring team set up to ensure the pollutants and polluters stay away.

Aceson-X: funding Aceson II

While people may be surprised merely by the Aceson program's Oceaneleen plans, Aceson II's means of obtaining capital is tipped to cause a variety of reactions when it is made public. 

Briggs found the importance of the Aceson-X program enough to place on hold the public launch of Aceson - as well as the sale of Aceson Corporate Bonds - back by a year to extensively develop the new program. Briggs has had to place back upgrades to its website while every resource was put into the classified material.

The results are staggering; it will have the ability to clean up all the world's rivers and streams, indefinitely. Clearly the sacrifice will be worth it once the program is launched.

Briggs tips the public launch of Aceson-X within the next several months as negotiations with the Australian federal government continue. Although Briggs has a fall-back option within its aerospace designs, the proposal forwarded to the Australian federal government is likely to be the source of Aceson II's capital. 

A revamped version of the website will later follow to support the second Aceson program. Briggs is concentrating on managing the workload and preparing for the storm of global reaction once the major program is launched.


 
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