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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mundus Group Inc (PK) | USOTC:MNDP | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0006 | 100.00% | 0.0012 | 0.0006 | 0.0011 | 0.0014 | 0.0006 | 0.0006 | 23,536,238 | 20:54:45 |
Keith Field, chairman of MNDP, points out, "Though the designs in the movie may be clearly for aesthetics, these conceptual VTOL designs in Avatar are wonderful demonstrations of the new potential freedoms for flying that will be appreciated with ducted fan technology. Specifically, the decrease in the loss of thrust versus a conventional propeller, ability to navigate smaller spaces due the needs of a smaller diameter in a ducted fan, and the ability to use thrust vectoring (or ability to direct the thrust) are great reasons why ducted-VTOL aircraft may be the future. This is where MNDP is headed. And although there are technical and legal dimensions that are still being worked out, the conceptual and potential technology represented in the movie most resembles and brings to light the benefits of the ducted fan, with its enclosed propellers and safer operation to pedestrian proximity."
Not only does MNDP work towards the future of aerospace, similar to the conceptual design of futuristic movies, it also produces products for use for today with its unmanned VTOL helicopters that can be used in an array of situations. MNDP's subsidiary, Airstar, provides a range of preconfigured camera ships and provides assistance to the remote controlled operator for aerial photography for resorts, golf courses, weddings or for use in other innovative aerial photography solutions.
"Avatar" is a trademark and motion picture produced by James Cameron.
About Mundus Group, Inc.:
The Mundus Group, Inc. (MNDP) is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI). From U.S. Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. with its acquisition Airstar Intl., a leader in unmanned air vehicles and remote controlled VTOL's is developing revolutionary products with global potential for change that offers economic protection and growth opportunities for investors. Mundus is at the cutting edge of jet turbine-ducted fan technology and fuses state of the art design engineering and a prototyping facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments.
CONTACT: Mundus Group, Inc. +1 (866)-990-1118 x1 Fax: +1 (805)-426-8888 info@mundusgroupinc.com Investor Relations +1(866) 990-1118 x4 ir@mundusgroupinc.com 3540 W. Sahara Ave #1255 Las Vegas, NV 89102-5816 www.mundusgroupinc.com
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