Give it some time to sink in folks!
Sentiment: Strong Buy
it's always "you'll see"... "just wait"..... "it's coming".... what a piece of junk.
Given the number of previous occasions that big deals have been announced that went nowhere, some skepticsm is completely understandable.
The agreement states that 2 million dollars (although it doesn't state what form that 2 million takes) is being paid for IP.
Even if it is 2 million on cold hard cash -- at their current burn rate, that will pay Moller's day-to-day expenses for 276 days.
MI currently goes through about that amount in a year without apparently accomplishing anything.
The difference is that moller is now not paying for the first flight at all.....thorntail is paying for set up testing and flights!
Moller will have the $2M to move on to developing the m200 2 passenger now.