Martin Jetpack

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Trading likely to be suspended on 31 aug5ust due to failure to finalize 30 june finacial statements.

Likely to be a material impairment of assets.

On going funding discussions continue without agreement.

And hoping to continue expansion of flight test programme and customer capability demonstrations within current financial constraints. I interpret this to mean executive's last chance at business class travel to exotic locations!

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As flagged. Suspended from trading today. Never a good look!

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In today's news so murat be true but probably been reported earlier. Apparently engine need an overhaul every 10 hours and there is another 3 years of engine development work ahead before a commercially craft is ready for market.

I can understand the sellers but why on earth would anyone want to be a buyer. The IP can't have any real value and i don't recal there be any other tangible assets.

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Financial statements expected to be completed early - mid September and still no sign of them. Consequently still suspended. Look is getting worse.

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Back up and running again today. 6.4 cent buy, 20 cent sell so quite a gap in expectations

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The money go round makes no sense. KuangChi Science have given it another $10m. This is a life line that will allow one more year of operation. Trouble is there are three more years ahead just in engine development and still no sign of a commercial business proposition. For some reason KCS are intent on flushing money through MJP

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Jon Mayson and Steve Bayliss (2 of the five directors) resigning on 31 October. Share price down to 5 cents. no quite its lowest ever at 4.99. But close

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Didn't take long before today hitting 4.8cents . A record all time low.

One cheeky bid in for 499,997 shares at 0.5 cent.

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Today. 4.8, 4.7, 4.6 and now 4.5. Is this the slowest crash landing ever? (that little cheeky still lurking there at half a cent. Even at that price I'd have thought they would have something better to do with there money
Edit later in day to 4.3 and 4.2

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Cant afford to take an eye of this one. nudged 3.9 cent today.