This stock is tanking ever more, each and every day. I don't think that the CEO, the CFO and/or the entire MJP team are in the slightest interested in the share price. Glenn has left, probably the only one who cared for his shareholders. My impression is that the new team just wants to rekindle old military ties, now that they have lost a bit of touch and gained a few centimetres around their waist lines. Once a soldier, always a soldier. I doubt that any of these people have ever purchased or held any MJP shares. They might just possess some options, but that would be it. Travelling to Paris and throughout other parts of the world, with no commitments or any pressures whatsoever is what might lure them. They just held another static display in Christchurch, the city and country in which the Martin Jetpack is apparently licensed to fly. Again, just a static display without even an engine in the device, but a photo opportunity for little kids. Look mum ........ I myself once went to Dreamworld on the Gold Coast, where I performed a number of amazing aerial stunts for a small crowd in front of a green screen. Wow, the applause was deafening. I continue to hold a large amount of shares in this company, with a more than a 50% paper loss, but my outlook on ever recouping this money is getting bleaker every day. Yes, this machine once flew. But the video on this forum shows it being radio controlled from a helicopter and with a dummy o board. The next trade show in the Czech Republic will also be mostly an opportunity to fly a simulator and a nice holiday for a week or so for a number of MJP team members. I wonder what will be next, Honolulu anyone, pilot helmets not required?
MJP Price at posting:
62.0¢ Sentiment: None Disclosure: Held
