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Old 12-11-2013, 03:59 AM
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crankpin
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Which team members left, where did they go ? Experienced RC pilots of Somenizi's caliber, could be used in RPV and Drone manufacturing. Representing a company just flying RC in contests, can be put to good use in the private sector.

Years ago, 1970-1973, John Maloney sold World Engines to Consolidated Foods. Nothing changed, except the presence of bean counters in the mix. John could not stand working for someone else, and bought the company back. Later on in years, he sold the company for a measley million bucks to Hobbico. That was at least $5M short of target. The value was the OS and Super-Tigre distribution in the North American markets. Realize that John was sick, and probably relied on others.



Vince

Last edited by crankpin; 12-11-2013 at 04:12 AM.