Yes. Mine does actually fly though, you can run it for as long as you have juice and make it go where you want it to. This one is not controllable, it is stable but it doesn't really go where it is told to go. Though in the longer term he may be able to fix that, I doubt it will work without at least one additional actuator.

It is possible to get full control with just one motor and one control surface but not with offset payloads.