How am I wrong on every account?
Oh wait! Like true Moller Fanboy style you think "this time is different", don't you? Like you fanboys say EVERY time a new scheme comes up, right?
I don't hate Moller. He is a laughing stock in the aviation industry. And I still follow him (and you mindless fanboys) just for laughs.
I actually used to be his biggest fan and have been following his antics around 30 year. How big a fan? I have Moller Skycar toys(multiple), t-shirts, polo shirts, baseball caps, magazine articles, brochures, photos etc. I flew the Skycar on MS flightsim for hours. I used to own stock. I don't normally confess that I was like a star struck teenager when it comes to Moller, but eventually my eyes went open.
You cannot compare the Osprey with Moller's Skycars. And you heard that from Moller himself, because that is almost his second most worn out story apart from the humming bird story. Like you say lets look at some points. If you have been following Moller's developments as long as I have and studied his history you will notice what is called 'track switching'. He cannot make up his mind as to which aircraft he wants to complete. If he had taken his funds and concentrated on getting just one craft in the air, he would have been farther along as he is. For a non-revenue generating business, constant track switching is deadly. Completing one project is better than having multiple unfinished projects. He has nothing finished. Not even the engine. All you have is 'projected' performance of everything. No proven results. No data from independent labs.
I read that the workhorse surefly just got FAA experimental approval. I am sure they did not pump 150 MILLION into it. Nor did any other company flying. Most of these companies only get real funding once they put something in the air.
"Well they only have ONE place too go they guy with the motor that produces 3hp per lbs (can you say game changer?" - Can you say PROOF? Where is the proof? Moller's mumblings about his engine and aircraft performance is not proof. Where is the data from independent tests? Please enlighten us.
If he really did have a miracle engine and if he really did have orders for 3 million engines as he states, why has a savy investor not stepped up to make billions in profit? Think about it. Miracle engine to make all other engines look like toys. An order book for 3 MILLION engines. Once the miracle engine hits the market that order book will grow exponentially. If all the claims were true (about engine performance and orders) and he could prove those claims, investors would be falling over themselves to get a piece of the pie. Oh, and don't forget, he claimed 'the air coming out of the engine is actually cleaner than the air going in'. All the governments around the world should be loving Moller...
"Past performance is no guarantee of future results" - True, but in Moller's case history has been repeating itself for decades. And every year you fanboys tell yourselves 'this time is different', 'this is the year of Moller', 'it is finally going to happen', '$8 a share by October', 'wake up people, it is happening'. Thats what you say EVERY year. Thats what I said for a few years. Not anymore.
As to my agenda, like I said, I laugh at you and your VTOL god. I sold my shares looooong ago. When a share was above a quarter, not below a penny. And I walked away without a loss.
But hey, don't let me rain on your parade. Grab your pom-poms and get ready to buy some Moller coins. Sink all your money into them is my advice. Smart investors like you deserve the results you will get.
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