Courier Mail Article, page-7

Just because Glen Martin has or may have sold his shares does not in any way mean the company is doomed. With all due respects Glen is no longer essential to its success. Glen was a visionary with a dream of a personal jet-pack he could take to the skies in. It was a great idea and the development of technology over the years finally made it possible to build something that does the job. But a personal strap-on jet-pack it is not. The MJP is really a manned drone with a compact airspace footprint and excellent manoeuvrability. It is ideal for the kinds of markets the company is now targeting it at. What is essential to its commercial success is a "market ready product" and a "product ready market". From my observation the company is working on both at a steady pace. If Glen remained committed to turning it into a personal jet-pack as his top priority, and ignoring the kinds of markets that would buy in to it right now, then the company could have taken another few years before it had a marketable product. I think that commercial realities have gotten in the way of Glen's dream, and I suspect that is behind Glen's departure.

I'm open to seeing the current situation as unpleasant for me as an investor, and I wish the news was more cheery and more plentiful, but I'm hanging in to see how this pans out.