Bent the ear yesterday of Federal MP Warren Truss who was a Minister in the previous government. I asked what the opposition position on this issue of VCR and MST going to the wall and what can be done. He said that he was aware that the Yanks insist on higher standards of FDA approval re VCR than we do and certification of arms re MST (arms developer who might go off shore). This long process have or are sending them broke. There are government grants for struggling companies but said the new Labour government appeared to have changed the rules and guidelines.
Ventracor and Metal Storm MST have one thing in common.
No one will buy when they think they might go out of business unless the Australian Government gets them out of financial trouble. Ventracor will be bought out probably by an overseas biotech to pay the creditors. Metal Storm
must have a substantial Australian backing or it goes overseas, perhaps to China. Then Aussie troops could be on the receiving end of a Maul or rapid fire machine gun.
WAKE UP AUSTRALIA
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Bent the ear yesterday of Federal MP Warren Truss who was a...
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