No I don't believe MP himself is involved in productions of these poor puppies.
To me it appears a Chinese maker was given a brief to create a watch that should bear some resemblance to Panerai yet be different in appearance so he couldn't be blamed for plagiarism. Remember the RXW story? The result is shown above, as you can see there's no Panerai nor any decent Italian military/diver watch DNA in it.
IMO, this is just appalling, and for it to come from a very well known and respected persona in Panerai world is just something I fail to understand, sorry.
Quick buck? Maybe...but I'm yet to see the proof he actually sells this watch beyond 001/150 mark ;-)
Stick to the strap making MP, you're still holding the fort there!
Hooligan, good to see you're still here as well, cheers brothers!