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Thread: Martin Jetpack

  1. #481
    Advanced Member robbo24's Avatar
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    Quote Originally Posted by minimoke View Post
    An interesting development. Clearly Glens vision and that of the board are not aligned. Sudden departures are never a good look.
    Martin JetPack founder Glenn Martin reveals why he quit and why he said 'don't f@#k it up!'

    Very similar to my guess.
    'I often quote myself. It adds spice to my conversation.' - G B Shaw

  2. #482
    Legend minimoke's Avatar
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    I find that all a bit tragic really.

    What did he expect when a large corner stone investment is made? People don't invest to keep you tinkering in your larger back shed. They want a plan for a return on investment.

    And he's really not in a position to dish out advice. Following his lead may see a dream being pursued , as was proven, never generate a revenue let alone a profit.

    He is also showing his nativity. If the cornerstone investors want to go in a certain direction then that is their right. It is also their right to **** things up however they please. Let's face it - the mjp was never a resounding success under glens governance anyway.

  3. #483
    Legend minimoke's Avatar
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    And it maybe pure speculation or coincidence that two christchurch founding directors suddenly leave their babies this week. Are we going to see the advent of a well lit flying machine?

  4. #484
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    Quote Originally Posted by minimoke View Post
    I find that all a bit tragic really.

    What did he expect when a large corner stone investment is made? People don't invest to keep you tinkering in your larger back shed. They want a plan for a return on investment.

    And he's really not in a position to dish out advice. Following his lead may see a dream being pursued , as was proven, never generate a revenue let alone a profit.

    He is also showing his nativity. If the cornerstone investors want to go in a certain direction then that is their right. It is also their right to **** things up however they please. Let's face it - the mjp was never a resounding success under glens governance anyway.
    I feel everything you have said was confirmed on Paul Henry (TV1) this morning when he interviewed Glen Martin.

  5. #485
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    Quote Originally Posted by ari View Post
    I feel everything you have said was confirmed on Paul Henry (TV1) this morning when he interviewed Glen Martin.
    A bit sad that he will probably never see his dream take off (literally, or at least with FAA approval).

  6. #486
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    Quote Originally Posted by ari View Post
    I feel everything you have said was confirmed on Paul Henry (TV1) this morning when he interviewed Glen Martin.
    I think that is even more tragic. Why would he go on the Paul Henry show? Its hardly a business show. I thought the most serious topic was anything to do with Paul - had he put an order in for a jet pack?

  7. #487
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    Quote Originally Posted by minimoke View Post
    I think that is even more tragic. Why would he go on the Paul Henry show? Its hardly a business show. I thought the most serious topic was anything to do with Paul - had he put an order in for a jet pack?
    Ha - thats pretty much how Henry started it. describing the jet pack as a toy for people like him. Apparently Martin was on the show a month or so ago and shot his mouth off not realising confidential info, market disclosures etc. Got a letter from his own legal team.

  8. #488
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    Quote Originally Posted by Harvey Specter View Post
    Ha - thats pretty much how Henry started it. describing the jet pack as a toy for people like him. Apparently Martin was on the show a month or so ago and shot his mouth off not realising confidential info, market disclosures etc. Got a letter from his own legal team.
    Oh no - it just gets worse. He sounds like a lamb led to slaughter. I appreciate he is a back shed potterer but seriously where are his advisors? He should have people protecting him from this sort of nonsense. I hate to see naive people exploited and it seems to me that mjp is dishing it up at both ends of the deal.

  9. #489
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    Robbo. Where are you? I see you have been banned. I hope its because you sold out your MJP at their peak and your gloating over you new found wealth got you sent to the naughty corner. If not I hope you still aren't holding. I see today they are looking like a failed MJP which has used its ballistic parachute to come slowly and gently back to earth. Sitting around 42.5 cents - just a tad over the listing price now. And the trend not looking great.

  10. #490
    Legend minimoke's Avatar
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    There's a first. Hit 39.5 today. Ouch!

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