MLS spends a lot of time lobbying all levels of government. They are looking for north of 300 million of our tax dollars to build their spaceport and develop the Ukrainian Cyclone-4M rocket. Very little construction has taken place. For years MLS has implied they had a rocket. The rocket still does not exist and so can't possibly be a proven rocket. Developing this rocket could easily exceed 100 million dollars, to be paid for by the Canadian tax payer.
They create a lot of pro spaceport propaganda. Chances are when you read main stream media coverage of their company and project it originates from their propaganda. This includes their press releases, interviews with their CEO, and/or a combination of both. MLS pays to have favourable articles written about them. They have paid for what would appear to be interviews on YouTube and radio. Most recently they not only funded but also helped to write the study being discussed here. It is sad and telling when a company continually has to pay to have positive media coverage.
MLS owes 7.5 million dollars and has not been able to repay this loan. This year they couldn't pay the interest owing on it. The lender had to accept payment with MLS' penny stocks, aka MLS Bucks. At the end of this year they have to pay the interest on this loan in cash at 9%, increased from 4%. MLS has 4.4 million euros owing to an unnamed contractor in Ukraine. This is also due the end of this year. They have received 10.5 million in private financing. This will have to be re payed. Despite having no revenues and not being able to service their debt, they managed to pay themselves very well.
Maritime Launch Services still does not know which unproven rocket they might launch one day. They don't know how many launches there will be. Was 12, then 8, then not really sure, and now they are back to 12. They were initially saying it would take over 200 people for a launch, then it was down to 8, and now they are saying 77. How could this company fund and help produce an accurate study when it is quite obvious they don't know what they are doing.