Sterling Consolidated Common Shares Commence Trading


The Multi-billion dollar market for hydraulic and pneumatic seals is highly fragmented and ripe for consolidation.  Our acquisition strategy is opportunistic and is focused on companies with generational changes of ownership, where we can provide investment capital for growth or leverage our operation capabilities to drive value for all stakeholders. Our deep bench of talent, core knowledge and industry-leading expertise makes Sterling an excellent partner for aging or opportunistic business owners that are seeking an exit strategy or a business combination that can enhance their return, accelerate future growth or drive greater profitability.

NEPTUNE, N.J., April 29, 2013 /PRNewswire/ — Sterling Consolidated Corp. (OTCBB: STCC), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, is pleased to announce shares of its common stock have commenced trading on the Over-The-Counter Bulletin Board market under the ticker symbol STCC.

Additionally, the company issued the following letter to shareholders:

Dear Shareholders,

Today is an exciting and important day for our company. After more than 40 years of providing superior service to our automotive and industrial customers, we are now a public company. Through this new public vehicle, we are perfectly positioned to build upon our history of organic growth and consistent profitability by pursuing an aggressive acquisition strategy that draws upon our industry expertise and logistical advantage.

The multi-billion dollar market for hydraulic and pneumatic seals is highly-fragmented and ripe for consolidation. Our acquisition strategy is opportunistic and focused on companies with generational changes of ownership where we can provide investment capital for growth or leverage our operation capabilities to drive value for all stakeholders. Our deep bench of talent, core knowledge and industry-leading expertise makes Sterling an excellent partner for aging or opportunistic business owners that are seeking an exit strategy or business combination that can enhance their return, accelerate future growth or drive greater profitability.

In the months ahead, we will be aggressively pursuing a number of acquisition targets which we have previously identified. Furthermore, we will be creating an acquisition advisory board to assist us with identifying, examining and vetting potential targets as well as ensuring that our due diligence is comprehensive and precise.

While strategic acquisition will be the means by which we accelerate growth for years to come, we remain steadfast in our commitment to organic growth and consistent profitability. The combination of strong performance in our existing business and careful, yet aggressive execution of our external growth strategy will enable us to maximize value for shareholders today and in the future.

On behalf of the entire Sterling Consolidated Corporation and our Board of Directors, I would like to offer a heartfelt “Thank You” to our loyal employees, customers and shareholders for their continued support.

Sincerely,

Darren DeRosa
Chief Executive Officer
Sterling Consolidated Corp.

About Sterling Consolidated Corp.

Sterling Consolidated Corp., through its wholly-owned subsidiary, Sterling Seal and Supply has been a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace for more than 40 years. Through a combination of leveraging its logistical expertise and sophisticated, experienced management, the company intends to be an active and strategic consolidator of small- and mid-sized businesses within the highly-fragmented, multi-billion dollar seal industry. Currently serving more than 3,000 customers, Sterling offers acquisition targets a unique growth opportunity and competitive advantage through logistical expertise, strong regional branding and industry-specific distribution centers.

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$70.6 million per person to fly into space


 

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NASA is paying $424 million more to Russia to get U.S. astronauts into space, and the agency’s leader is blaming Congress for the extra expense.

NASA announced its latest contract with the Russian Space Agency on Tuesday. The $424 million represents flights to and from the International Space Station aboard Russian Soyuz spacecraft, as well as training, for six astronauts in 2016 and the first half of 2017.

That’s $70.6 million per seat — well above the previous price tag of about $65 million.

Russia currently provides the only means of getting people to and from the space station, and its ticket prices have soared with each new contract.

Several U.S. companies are working on rockets and spacecraft to launch Americans from U.S. soil. But that’s still a few years away. The ability to launch crews into orbit from America ended with NASA’s shuttle program in 2011. Even before the shuttles retired, the U.S. had been relying on Russia to transport long-term residents to the space station.

NASA Administrator Charles Bolden said if Congress had approved the space agency’s request for more funding for its commercial space effort, the latest contract would have been unnecessary. He is urging full funding of the Obama administration’s 2014 budget request of $821 million for the commercial crew program.

“Because the funding for the President’s plan has been significantly reduced, we now won’t be able to support American launches until 2017,” Bolden, a former shuttle commander, wrote in a NASA blog.

It could take longer if Congress does not fully support the 2014 request, he said.

“Further delays in our Commercial Crew Program and its impact on our human spaceflight program are unacceptable,” Bolden said.

The California-based Space Exploration Technologies Corp., or SpaceX, already is making cargo shipments to the space station. Its founder and chief designer, billionaire Elon Musk, previously has said his company could be ferrying astronauts aboard beefed-up versions of its Dragon capsules by 2015.

Orbital Sciences Corp. of Virginia completed a successful test launch 1½ weeks ago. It plans to start sending supplies to the space station this summer, but has no interest in carrying passengers.

The six seats included in the latest Russian contract covers not only Americans, but European, Canadian or Japanese astronauts under barter agreements between NASA and those countries.

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Virgin Galactic Spaceship fly’s on it’s own for the first time


SS2 on powered flight

The spaceplane being developed by UK billionaire Sir Richard Branson has made its first powered flight.

The vehicle was dropped from a carrier aircraft high above California’s Mojave Desert and ignited its rocket engine to go supersonic for a few seconds.

Sir Richard’s intention is to use the spaceship to carry fare-paying passengers on short pleasure rides above the Earth’s atmosphere.

His company Virgin Galactic has already taken hundreds of deposits.

The rocket vehicle is known as SpaceShipTwo (SS2).

Although it has been in the air on more than 20 occasions, this was the first time its hybrid motor had been ignited.

It was only a short burn lasting about 16 seconds, but it propelled SS2 beyond the sound barrier to a speed of Mach 1.2. Future outings should see progressively longer burn durations, enabling the plane eventually to reach sufficient velocity to climb more than 100km into the sky.

Space target

Monday’s mission began at the Mojave Air and Space Port at just after 07:00 local time (14:00 GMT). Test pilots Mark Stucky and Mike Alsbury were reported to be at the controls of SS2.

It took off slung beneath the WhiteKnightTwo aircraft, which does the job of lifting the rocket plane to its launch altitude – some 45,000ft (14km).

A little under an hour later, SpaceShipTwo was released, dropped a short distance to get clear of WhiteKnightTwo and then lit its engine, which burns a combination of a solid rubber compound and liquid nitrous oxide.

SpaceShipTwo ignites its engine in flight for the first time

After shutting down its motor, the vehicle then glided back to the Mojave runway, touching down just after 08:00 local time.

Sir Richard said in a statement: “For the first time, we were able to prove the key components of the system, fully integrated and in flight. Today’s supersonic success opens the way for a rapid expansion of the spaceship’s powered flight envelope, with a very realistic goal of full space flight by the year’s end.”

Family first

The entrepreneur is reluctant these days to say precisely when SpaceShipTwo will enter commercial service.

Projections for a start date issued in the early days of the project in the mid-2000s have long since passed as engineers have grappled with the complexities of developing the world’s first spaceliner.

The delay appears not to have dissuaded prospective passengers, however.

More than 500 people, including celebrities such as physicist Stephen Hawking and former Dallas actress Victoria Principal, have put down a deposit for a ticket that will cost them about $200,000.

The initial service will be run out of a purpose built facility in the New Mexico desert known Spaceport America. Each flight will accommodate two pilots and six passengers.

Sir Richard says he will take his family on one of the first outings to demonstrate his faith in the vehicle’s safety.

Burgeoning enterprise

The rocket plane itself is a derivative of SpaceShipOne, which became the first private manned vehicle to fly to the edge of space and back in 2004.

It was the brainchild of aviation pioneer Burt Rutan, whose Mojave company, Scaled Composites, then designed the current prototype passenger version for Sir Richard.

The pair formed The Spaceship Company to manufacture future vehicles.

There are other companies hoping to offer sub-orbital flights in the near future.

XCOR Aerospace, which also has an operation in Mojave, is developing a smaller rocket plane called Lynx. This would carry one pilot and one ticketed passenger to 100km.

Neither it nor SS2 can achieve the speeds needed to go into orbit.

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On the runway
SpaceShipTwo, slung beneath the carrier aircraft WhiteKnightTwo, prepares for take-off

Police confiscate 4 foot joint weighing almost a kilo


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Mark Russell,

California police confiscated a mammoth joint during a 4/20 pot rally on Saturday, reports the Los Angeles Times.

As the paper notes, hundreds of UC Santa Cruz students gather each year for the event, and each year campus police confiscate things like bongs and dime bags. But Gennady Tsarinsky took things to a whole new level: what police say was a four-foot-long, two-pound joint.

The 25-year-old was arrested and charged with possessing more than an ounce of pot — which happens to be California’s limit for medical marijuana users. A video of the bust posted by LiveLeak shows a cop carrying the joint (which is bigger than a loaf of French bread) and a seemingly incredulous Tsarinsky:

“Dude, you’re a liar. You’re a liar,” he’s recorded as saying. “I can’t wait to see you in court. I can show how you’re harassing me.”

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New $100 Bill coming soon!


 

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For only the fourth time in history, there will be a new $100 bill.

After a three-year delay due to slower-than-expected production, Americans will finally have an improved, high-tech $100 bill for their wallets, the Federal Reserve said Wednesday.

 

The bill is set to debut on Oct. 8.

What’s so special about the new greenback? To start, the Fed says the the bill is a culmination of a decade-long research and design process.

Related: The new squiggly signature on your dollar bill

The note features a series of amped-up security measures aimed at combating counterfeiters, including a blue, 3-D security ribbon on the front of the bill that moves when the note is tilted back and forth and side to side.

The inkwell and bell on the front of the bill and the number 100 on the right-hand corner also change from copper to green when the note is tilted.

This is the fourth time the $100 bill has been redesigned, according to a Fed spokeswoman. It has been revamped three times in the last 20 years alone, as the Fed had to react more often to improved counterfeiting technology.

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hundred dollar bill

14-Year-Old McDonalds Hamburger won’t go bad.


By David Self Newlin

ST. GEORGE — The lifespan of a hamburger is usually measured in minutes: You get the burger, you scarf the burger, the burger is gone forever. A man from St. George, however, claims that he has a 14-year-old McDonald’s burger that still looks like new.

David Whipple said he purchased the burger July 7, 1999 in Logan in order to use it for a demonstration about enzymatic action. He was battling with his weight and was going to show it to a group of fellow weight loss advocates. He let it age for a month and showed it to the group.

“At the little meeting, I showed the hamburger and the pickle, which was just starting to disintegrate,” Whipple writes. “There was no decomposition to the meat or bun, nor any mold, fungus or smell. It had no bad odor at all.

The burger, which he says was stuffed into a jacket pocket and tossed into his truck after the meeting, was forgotten about, surviving the summer heat. It was discovered a year or two later in a closet, still in the coat pocket with the original bag and receipt.

“It was purely a fluke about hanging on to it,” Whipple said in an interview with ksl.com.

The burger had only a pickle, mustard and ketchup on it, no lettuce or cheese. Only the pickle appeared to decompose much over the years.

Enlarge image
The burger, still looking relatively mint after 14 years.
Credit: Courtesy of David Whipple

It also survived a move from Logan to St. George, where it was discovered in a box in 2007. Whipple even tried selling it on eBay, where it reached about $2,000, but never sold because his daughter bid on the item.

He said it’s never been refrigerated or stored in a way that would preserve it. Eventually, he started a blog where he wrote about the burger and periodically posted pictures.

Recently, the burger was featured on the television show “TV Doctors.” On Tuesday, the burger went viral.

“This just came out in the last couple of months and it’s just been crazy,” he said.

Whipple said he isn’t sure why it survived so long and can’t attribute it to either dehydration or chemical preservatives or something else.

“That’s the million-dollar question. They dig up things in King Tut’s tomb,” he said.

“It’s going to take a smarter person than I am to figure that out.”

He’s also performing a more controlled version of the experiment on cheap burgers from several other burger joints, and so far the results are pretty similar to the accidental one.

“I still got them sitting here, and there’e all hanging out really well. They’re doing just fine, just about like the 14-year-old burger does,” he said.

Whipple said he thinks the burger’s example has had a positive impact on his family’s eating habits.

“I honestly believe raising seven kids that having that hamburger around the last 14 years made a difference in my own kids lives.”

Nevertheless, he said he doesn’t want to turn the hamburger into a cause or a crusade against fast food burgers.

“This has just been fun,” he said. “This has just been one of those crazy things.”

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Kardashians cut from The X Factor


Courtesy Fox

 

It’s official: Lopez is in and Kardashian is out. Actor and TV personality Mario Lopez will return to host the third season of The X Factor, but reality star Khloe Kardashian will not join him as co-host, Fox announced Monday.

 

The network did not reveal whether they will find a replacement for Kardashian or whether Lopez will be going solo. In any case, Lopez said in a statement he’s excited for the third season of the hit singing competition that has launched the careers of successful artists such as Leona Lewis, Tate Stevens, and One Direction.

 

“I’m looking forward to returning to The X Factor team,” Lopez said. “We’re coming back stronger and better than ever and I’m excited to check out all the new talent.”

 

Kardashian received mixed reviews as co-host, and the show struggled in the ratings throughout the second season. Fox didn’t elaborate on the reasons behind the reality star’s departure, saying only that they “really enjoyed working with her” and wishing her “all the best in her future endeavors.”

 

Simon Cowell, who originally brought on Kardashian in a bid to boost the show’s ratings, said he is looking forward to working with Lopez once again.

 

“I’m thrilled Mario is back for Season Three,” he said. “Hosting a live show and keeping the judges – especially Demi – in line, is not an easy job, but Mario is a pro and we are glad he’s coming back.”

The third season of The X Factor is set to premiere this fall

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Boston Marathon bomber formally charged


BOSTON Boston Marathon bombing suspect Dzhokhar Tsarnaev was charged by federal prosecutors in his hospital room Monday with using a weapon of mass destruction to kill — a crime that carries a possible death sentence.

A magistrate judge went to the hospital to conduct the initial appearance, an official at the Federal Courthouse in Boston confirmed to CBS News.

Officials have said Tsarnaev, 19, and his older brother set off the twin explosions at last week’s race that killed three people and wounded more than 180. His brother, Tamerlan, 26, died Friday after a fierce gunbattle with police.

Tsarnaev was listed in serious but stable condition at Beth Israel Deaconess Hospital, unable to speak because of a gunshot wound to the throat.

Boston bombing suspect communicating with investigators

Bombing investigators focus questions on public safety

However, Tsarnaev is conscious and responding in writing to authorities, CBS News correspondent Bob Orr reported. Officials did not reveal further details on what they are asking, or what his responses are.

Sunday services memorialize Boston bombing victims

Passage: 4 lives lost in Boston

The charges represented a decision by the Obama administration to prosecute him in the federal court system instead of trying him as an enemy combatant in front of a military tribunal. Under the military system, defendants are not afforded some of the usual U.S. constitutional protections.

Tsarnaev, an ethnic Chechen from Russia who has lived in the United States for about a decade, is a naturalized U.S. citizen, and under U.S. law, American citizens cannot be tried by military tribunals, White House spokesman Jay Carney said. Carney said that since the Sept. 11 attacks, the federal court system has been used to convict and incarcerate hundreds of terrorists.

Tsarnaev was charged with using and conspiring to use a weapon of mass destruction against persons and property, resulting in death.

He is also likely to face state charges in connection with the shooting death of an MIT police officer.

It was not clear whether Tsarnaev was shot by police or inflicted the wound himself. After an intense all-day manhunt that brought the Boston area to a near-standstill, he was captured Friday night, wounded and bloody, after he was discovered hiding in a tarp-covered boat in a Watertown backyard.

Meanwhile, the FBI said in an affidavit that Dzhokhar Tsarnaevwas seen using a cellphone after placing a knapsack on the ground at an explosion site. The document did not say whether he is thought to have used the cellphone as a detonator.

The affidavit also said one of the bombers told a carjacking victim, “Did you hear about the Boston explosion? I did that.”

U.S. officials said the elite interrogation team would question Tsarnaev, a Massachusetts college student, without reading him his Miranda rights, which guarantees the right to remain silent and the right to an attorney.

Senior correspondent John Miller told “CBS This Morning” that investigators are focused at the moment on the “public safety exceptions” — questioning the suspect on matters of immediate threats.

“It’s basically, ‘Where did you make the bombs? Are there any more explosives out there? Any more cells? Are there any more people?'” said Miller.

“And while I’m told he’s being cooperative, I’m also getting the sense — and I want to be careful of too many specifics here — that he’s not saying there’s a whole second wave of plots or plotters here. Still there are places where there may be explosives and other things to find, it sounds like.”

But Miller stressed that is it is still early in the investigation, and the process of questioning Tsarnaev — who can only respond by writing – is slow. “Things could develop or change,” Miller said.

American Civil Liberties Union Executive Director Anthony Romero said the legal exception applies only when there is a continued threat to public safety and is “not an open-ended exception” to the Miranda rule.

Seven days after the bombings, Boston was bustling Monday, with runners hitting the pavement, children walking to school and enough cars clogging the streets to make the morning commute feel almost back to normal.

Mass Gov: Not sure Boston will ever be “quite the same”

Massachusetts Gov. Deval Patrick asked residents to observe a moment of silence at 2:50 p.m. Monday, the time the first of the two bombs exploded near the finish line. Bells were expected to toll across the city and state after the minute-long tribute to the victims.

Also, hundreds of family and friends packed a church in Medford for the funeral of bombing victim Krystle Campbell, a 29-year-old restaurant worker. A memorial service was scheduled for Monday night at Boston University for 23-year-old Lu Lingzi, a graduate student from China.

Fifty-one victims remained hospitalized Monday, three of them in critical condition.

At the Snowden International School on Newbury Street, a high school set just a block from the bombing site, jittery parents dropped off children as teachers — some of whom had run in the race — greeted each other with hugs.

Carlotta Martin of Boston said that leaving her kids at school has been the hardest part of getting back to normal.

“We’re right in the middle of things,” Martin said outside the school as her children, 17-year-old twins and a 15-year-old, walked in, glancing at the police barricades a few yards from the school’s front door.

“I’m nervous. Hopefully, this stuff is over,” she continued. “I told my daughter to text me so I know everything’s OK.”

The city was also beginning to reopen sections of the six-block area around the bombing site.

Police Commissioner believes Tsarnaevs planned to attack others

Investigators believe that two brothers suspected in the Boston Marathon bombings were likely planning other attacks, based on the cache of weapons uncovered, the city’s police commissioner, Ed Davis, told CBS’ “Face the Nation” on Sunday. He said authorities found an arsenal of homemade explosives after Friday’s gun battle between police and the two suspects.

“We have reason to believe, based upon the evidence that was found at that scene — the explosions, the explosive ordnance that was unexploded and the firepower that they had — that they were going to attack other individuals,” Davis said. “That’s my belief at this point.”

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INSCOR insurer of Entertainment and Sports Stars


Stock Symbol IOGA $.39

AS: 1,000,000
OS: 265,258,554
Float: 105,988,471
INSCOR is a remarkable insurance company whose innovative products attract Corporations, Municipalities and High-Value Individuals.
 
Goldman Small Cap Coverage has just issued a report on April 10, 2013 with a target price of $3.25 per share.
“As governments implement the INSCOR initiatives the Company is positioned to generate substantial revenue and earnings in the next few years” according to Rob Goldman in his Goldman Opportunity Research Report.

 

INSCOR Inc. Corporation

Visit their Website at: http://www.ins-cor.com/

 

INSCOR specializes in providing significant funding solutions utilizing high cash-value life insurance contracts combined with low-cost financing. The insurance and financing are modeled within the framework of a Financed Insurance Trust (FIT) to provide substantial cash flows from life insurance proceeds and cash values at little or no out-of-pocket cost. Through collaboration with insurance companies, financing institutions, actuaries and attorneys, INSCOR has developed FIT strategies tailored for specific market segments.

• Corporations and Municipalities:

The funding for retiree health care and Other Post-Employment Benefits (OPEB) plans often strains existing cash flows of corporations and municipalities. Many such plans, especially among governmental entities, are largely grossly unfunded underfunded. Recently implemented GASB 45 accounting rules reveal unfunded liabilities in excess of $1.5 Trillion among state and local governments. INSCOR’s FIT OPEB plan is the most a viable solution to providing significant cash flows to fund OPEB liabilities without requiring addition with little, if any, increases in out-of-pocket expenditures.

• High Net Worth Individuals, Athletes and Entertainers:

FIT plans can be modeled to not only provide significant volumes of life insurance, but also create substantial cash values that can be accessed to provide a tax-free income stream during retirement. In most cases, depending on age and insurability, FIT plans are designed with little or no out-of-pocket expense.

INSCOR, Inc. is a leading independent insurance national consulting and marketing organization of life, disability-income and long-term care insurance and other financial tools and services in addition to a wide array of annuity products marketed offered through its financial and insurance professional advisors across the country.

The focus for INSCOR is two-fold:

1) INSCOR develops and maintains relationships with financial professionals including insurance brokers, financial planners, tax attorneys and CPAs to promote continued growth. INSCOR has proprietary tools and strategies in addition to top level contracts with over 35 insurance companies and financial institutions to better assist professionals in growing their business.

2) INSCOR specializes in providing significant funding solutions utilizing high cash-value life insurance contracts combined with low-cost financing. The insurance and financing are modeled within the framework of a Financed Insurance Trust (FIT) to provide substantial cash flows from life insurance proceeds and cash values at little or no out-of-pocket cost. Through collaboration with insurance companies, financing institutions, actuaries and attorneys, INSCOR has developed FIT strategies tailored for specific market segments.

Corporations and Municipalities

The funding for retiree health care and Other Post-Employment Benefits (OPEB) plans often strains existing cash flows of most corporations and municipalities. Many such plans, especially among governmental entities, are grossly underfunded. Recently implemented GASB 45 accounting rules have exposed unfunded liabilities in excess of $1.5 Trillion among state and local governments. INSCOR’s FIT OPEB plan is a viable solution to providing significant cash flows to fund OPEB liabilities with little, if any, increases in out-of-pocket expenditures.

High Net Worth Individuals, Athletes and Entertainers

FIT plans can be modeled to not only provide significant volumes of life insurance, but also create substantial cash values that can be accessed to provide a tax-free income stream during retirement. In most cases, depending on age and insurability, FIT plans are designed with little or no out-of-pocket expense.

 

Read the Goldman Investment and Company Research Report!

IOGA: The Solution to the Municipal Financial Crisis

http://www.goldmanresearch.com/

 VALUATION AND CONCLUSION

INSCOR’s diverse target market and first-mover advantage as the only viable low-cost option to fund OPEB liabilities, and the best available offering that ensures a lifetime of income for celebrities, should result in high revenue growth and profitability. In our view, after Q2, INSCOR could see dominoes fall in their favor, with a number of prospects coming on line very quickly. Furthermore, there is clearly meaningful upside potential in FIT sales as well.

Our $3.25 twelve-eighteen month price target is based upon only 18x our FY14 EPS estimate, which is typical for a hyper-growth company.
 
Given that there are only 4.3M shares in the public float, as INSCOR executes, there is a strong possibility that the stock exceeds our target inside of 12 months. We rate the stock Speculative Buy.
 

Inscor, Inc. Corporation

1057 Whitney Ranch Drive Suite 300 • Henderson, NV. 89014 • Phone: (702) 248-6901

Email: rkrabbeler@ins-cor.com
 Innovative insurance plans that attract municipalities, corporations, affluent individuals, entertainers and professional athletes.


INSCOR ‘s “FIT” (Financial insurance Trust) strategy using a variety of innovative tools results in minimum levels of out-of-pocket costs and produces funding and revenue stream opportunities.

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Watch the Antares Rocket Launch LIVE here!


(Photo : courtesy Wikimedia Commons)

The first test flight of the privately-built Antares rocket has been scheduled for 5 p.m. Eastern Time, after winds forced the cancellation of the launch Saturday.

Strong winds of up to 140 mph streamed over the rocket’s Virginia launch pad Saturday, after the passage of an overnight cold front — heightening concerns debris from the 131-foot-tall rocket could endanger nearby communities in the case of explosion, according to a report by Spaceflight Now.

“It’s a matter of having winds that could potentially blow debris from a destructive event over populated areas,” Frank Culbertson, Antares mission director and Orbital Sciences executive vice president, was quoted saying by Spaceflight Now. “We had the rare case of wind coming from the southwest at high velocity.”

Said Culvertson: “We’re going to target 5 p.m…same time, same place, same team.”

After initially delaying the scheduled launch on Saturday for more than an hour, managers decided to call off the launch altogether when weather balloons showed upper level winds weren’t letting up. The flight was scrubbed before liquid propellant was loaded into the Antares rocket’s first stage.

If Orbital Sciences had cancelled fueling already started, technical constraints might well have forced the rescheduled test to Monday, since the launch pad has a limited supply of super-cold liquid oxygen.

“We didn’t want to fuel up the rocket and waste a chance to go” on Sunday, said Orbital Sciences spokesman Barry Beneski.

Forecasters predict better surface weather conditions today, calling for a 75 percent chance of acceptable weather — though ground winds remain a concern.

When it finally does take off, the Antares rocket will reach orbit on a test mission through a public-private partnership with NASA, which is paying Orbital Sciences $288 million to help fund development of a commercial cargo resupply system for the International Space Station.

The National Aeronautics and Space Administration had a similar agreement with Cal;ifornia-based SpaceX, which completed its test program last year and has now accomplished two operational cargo flights to the space station.

The first Antares launch attempt Wednesday was called off 12 minutes before liftoff, when a data connection between the rocket and the launch pad was disconnected.

Commercial cargo missions are replacing some of the capacity lost when the space shuttle fleet was retired in 2011.

LIVE ONLINE STREAMING

NASA’s live feed of the Antares launch starts at 4:30 p.m. ET: Click Here

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