MST metal storm limited

You may well say that Nuna? but I am starting to think that we...

  1. 20,536 Posts.
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    You may well say that Nuna? but I am starting to think that we may not be being told the whole truth here, I smell a rat, well two rats really, lets see if I am wrong? we all know that they man fired HE the other week in Brisbane, we also know that the UAE were looking at the 3GL for a possible purchase, lets see if that deal gets done, because the way this was written seems to indicate to me that they aren't really going to sell to the UAE?

    Here is why I say that!

    http://www.tradingroom.com.au/apps/view_breaking_news_article.ac?page=/data/news_research/published/2009/10/295/catf_091022_170400_2163.html
    **********************************************************
    Metal Storm secures $38 million through debt, equity issue

    Chief financial officer Brett Farmer said the company's three-shot semi automatic grenade launcher, or 3GL, should be able to reach completion with the new funds.
    "We've got to a stage where we've qualified the 3GL as safe for man firing, its now just qualifying the rest of the way to meet military standards," Mr Farmer told AAP.

    "If $90 million got it that far, $US35 million should take us a long way towards completing that, if not fully completing it."
    ***********************************************************

    Why would they say that? surely the 3GL is a lot closer to sale than $35 million away? and if you get sales for the 3GL then some of that $35 million may not even be needed? my biggest fear is that perhaps some strings have been pulled yet again? lets see if we ever get sales to any other country other than the US?
    That $35 million is to get the product finished in the US, that is what they are reffering to when they talk about weapons being ready, they will be ready for the US and nowhere else in my opinion, we have been dudded yet again it would seem? Assure Fast Holdings may be a Hong Kong company in name only and MrMerano and Mr Rivero are just figure heads for it that is all, in my opinion, the company is really a US company I believe, they have been playing with us for years and have the backing of both the Oz and US governments also I think?
    If we see no sales to other countries then that will vindicate what I am saying, for if we see this then we will all be able to see with the benifit of hindsight that
    we have all been duped, of course their reasoning behind it all will be that it was for national security reasons, but the question begs, why didn't they help? especially our own government?
    You should remember buttface very well when you vote next time perhaps, and all his crony mates as well down there in the big C


 
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