So how do you understand the many videos of the machine flying?
I'm from Christchurch NZ, I do business just up the road from MJP in Wigram. I know some of the back story of this company's evolution. There is no question that the machine flies!
As to whether the essential buyout of MJP by the Chinese partner will be good for the business and its small retail investor base, well I'm not so sure. But I do suspect it will accelerate it getting a saleable product to market. Maybe not the personal jetpack that Glen Martin always wanted, but a saleable product that a whole raft of larger-spending sectors will want to buy, and probably buy in multiple units at a time.
Don't get the jitters. It's probably others who are having the same kind of thoughts that are selling low at the moment. Wait till you see the whites of their eyes!
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