re: Ann: Metal Storm, DSTO and Airtronic USA,... Moose the ammo is where the money is not the vehicle used to initiate it!!
But the really big significance of this is that FINALLY an Aust based DOD has signed up with MST for a potentially large scale production product.
If Airtronics get the ability to sell their single shot to a larger group then we get a bigger royalty cheque on the ammo.
I bet Singapore's STK had a hand in this ie some form of underwriting which resolves the finance issue writer - they would have to the manufacturer behind the ammo IMO pounds to peanuts either direct or via licence to US manufacturer.
AS I posted yesterday no change to SP until the revenue starts flowing IMO.
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Ann: Metal Storm, DSTO and Airtronic USA, Inc. Si, page-6
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