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Old 15th May 2013, 11:31
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aeromariner
 
Join Date: Jul 2006
Location: melbourne
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That is the myth of course, but it is completely wrong. There was a lot of money from Australian Investors in that company starting around 1994. From then on said investors just watched their money frittered away. It was all gone by the time the sale to Mahindra came (plus some ie GA was broke). The money in the sale gave a fraction back to the investors. But essentially the investors were burnt. I know the myth perpetuated about two guys designing and building and testing and certifying an aeroplane with absolutely no help from anybody else and not an investment dollar to be seen sounds good ..... but its straight out of Disneyland
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