Can Jim Bede Pilot EXSA to the Promised Land?
Exosphere Aircraft Company Inc. (Pink Sheets: EXSA) is counting on Jim Bede and Innovative Communications Technologies Inc. (Pink Sheets: ICTN) to lead them into a promising 2007. Recently the company announced the formalization of an ongoing strategic relationship between EXSA and ICTN. ICTN currently owns approximately 30 percent or 70 million shares of EXSA in exchange for incubation and management consulting. ICTN's services have allowed the company to receive funding and further their business. “Exosphere is entering the light-sport aircraft market at a time when the field is still young. ICTN's management consulting coupled with their research and development expertise…