I have bailed out, lost patience with this company. My exposure...

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hamsa

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09/04/16

10:41

Post #: 17462327
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Originally posted by forty2km ↑

The following 2 sentences can be found in this online article, published in November 2015.

"Since late July (2015), the firm has been selling the device on JD.com for 1.6 million yuan. Liu revealed that they have secured around a thousand interested customers"

At today's rate, 1.6 million yuan would be around $327,372 in Australian money. At a thousand orders this would equate to 327 million A$'s, or almost double the current MJP market capitalisation of 182 million A$'s. And this is just the Chinese market.

I conducted a search on www.jd.com, but could not find the Martin, or any other Jetpack.

I really hope that there is indeed much work going on behind the scenes with those that have already been announced in MJP's April shareholder update:

View attachment 164703

Less than 8 months until the end of 2016 and so much supposed to happen within this relatively short time frame.

Just saying ......

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I have bailed out, lost patience with this company. My exposure was limited, unlike you 42. There is money to be made elsewhere. Good luck to you.

MJP Price at posting: 46.0¢ Sentiment: None Disclosure: Not Held
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I have bailed out, lost patience with this company. My exposure...

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