Thread: riiiigth....
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svandamme svandamme is offline
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Join Date: Sep 2003
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Quote:
Originally posted by widebody911
$1.7M for what amounts to a tethered "RC" toy plane?
it can carry people, but it's not usable, as it is not legal to use ... it's a prototype , no FAA for DMV approval whatsoever

and the reserve is not met, the auction has 9 days left

they advertise it as

Quote:
Own the one and only prototype of the Moller M400 SkycarŽ. This test vehicle has flown repeatedly and demonstrated its hover capabilities in over a dozen flights at the Moller International facilities in Davis, California. It is our intent to offer it for sale by auction on eBay to raise capital for the Company.
now , to me that says another 2 things

A anyone bidding is stupid, because for those amounts of money , i'de want shares of the company , or rights to the technology

B the company has failed to rack up the money from real investors, and that would mean it's not viable


i'm also thinking they don't really have much in the way of patents ...so no money to be foudn there either...
the technology is not new, there is the Osprey VTOL that pretty much does the same thing, just bigger and more effective...and a more develloped R&D track
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Last edited by svandamme; 10-11-2006 at 07:43 AM..
Old 10-11-2006, 07:40 AM
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