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Re: None

Wednesday, 06/21/2017 3:25:11 PM

Wednesday, June 21, 2017 3:25:11 PM

Post# of 2422
It's now more than 6 months since the Moller annual shareholders meeting. That gave MI six months to prove that this year's promises were more substantial than the fantasies they spin every year.

And in that time, nothing has changed -- with Moller at least. They continue to issue what is essentially the same newsletter - "Still waiting for the Global Currency reset, electric flyers are inferior to our creations". While Moller's plans to fund development have grown more transparently absurd over the years, the global currency reset is arguably the bottom of the barrel.

What has changed is the nature of the competition. Lots of other companies (with actual funding) are getting involved, and several have actually flown their craft. This includes some of the electric craft -- despite the (genuine) power-to-weight issues with electric propulsion, these companies have been able to demonstrate that their craft can out-fly anything that Moller has ever flown. I don't know how practical their craft will turn out to be in the real world, but at least they have demonstrated (in this decade) that their claims about their craft have some basis in reality.

It's pretty apparent that there is nothing here now. The only remaining question is if there ever was anything.

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