report in the australian, page-11

Topdad don’t be misled by anyone, MOD has another project going on with his son that he needs the money for, and long ago he openly told the market that he would be selling down a large parcel over a period of time, which is what he is doing.

The new project has nothing to do with guns. It’s a great idea and if he get’s it going it may well be worth a fortune. Mod is a shareholder like the rest of us with no other involvement or influence in Metal Storm, his selling of shares is no more indicative of the health of MST than you or I selling for family reasons. Low class posters and misinformed journalists making mileage from a very impressive inventor is pretty typical behaviour these days unfortunately.

I for one wish him all the best for the future