Yes, but when the company in question has a long, long track record of accomplishing nothing, it's difficult to believe that anything will change.
Look at expenses, from the time when Moller International used to report its financials. For the 2010 to 2015 financial years, MLER reported 6.7 million in expenses.
Where did this money go?
It didn’t go into production equipment – David’s posting earlier this year on the obsolete equipment present at MI (and the difficulty in getting some of the equipment to start, or finding computers old enough to actually interface with any of this stuff) make it clear that all of this equipment was *old*. It didn’t go into the M400 – The information that was circulated last year when the M400 was for sale on eBay stated that the M400 was in the state that it had been during the flight demos back in 2002 – indicating that nothing substantial had been done to it since. The annual reports list the companies assets as 99% depreciated. I don’t know what kind of depreciation schedule they use, but it suggests little to no purchasing of new production equipment, computers, etc.
An outfit with this sort of track record isn't the kind of place I want to put my money.
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