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One of them days at work. Wish this stock would make some $$$ so I can invest it and retire
Someone said he has an engine in his vault, something better
There really is no point in staying current. It is no secret that MI is dormant. de-listing is actually a logical next step. One would just have expected Moller to give his shareholders a heads-up.
I'm beginning to wonder if they aren't going to perform some 'legal & financial gymnastics' to get control of the Skycar side of the business out of Moller International. Maybe make it part of FM or start a new company. Perhaps a private company like FM. The IP and assets held by MI isn't much. Way less than the fans think it is. Plus Paul Moller is still the controlling shareholder. There also isn't any point in having shareholders anymore. To get his hands on more money, he needs big investment. To get a big investment, he needs to sell new shares. To sell new shares, he needs to work around the fact that he has shareholders. He needs to get rid of them, or sideline them at least. They are only a liability at this stage. Perhaps start a business of which the current MI is only a small shareholder and not a controlling entity...
"Paul Moller cares for his shareholders, he wouldn't do that to us" is a sentiment I've heard before. Business is business. There is no place for sentiment and cinnamon scented unicorn kittens.
Good job. I've wanted to do that, but never had the time. Sad, but the information you supplied will go totally ignored by the fans. Or, the mere posting of it will be viewed as an attack on Moller.
On the other hand, anybody using common sense doesn't need information to know that 'provisional orders' for anything will remain the same for a decade. Businesses move on, people move on.
What is your language of birth?
To keep this going
Is is true, 100 million spent to date on the flying car
No formal Announcement from MLER about DList, had to hear it second hand from stockholder!
Depends on the level of the scam
The report I seen was that it might have started with a spark from a mower. It's ironic that he holds the patent on spark arresting mufflers which would go on said mowers.
https://patents.justia.com/patent/4113051
How much money to get current
How much, if any, insurance money,
Maybe he started the fire on this farm!
Dr. Moller a dreamer and a scam artist.
I can supply some information about who wants (or more accurately, wanted) Freedom Motors engines, and what I think is the source of the claim that they have letters of intent/memorandums of understanding/conditional orders for 3.5 million engines.
Take a look here: https://www.sec.gov/Archives/edgar/vprr/1202/12027879.pdf
…and you will find a long document filed with the SEC. It’s related to the proposed Reg A stock offering that never happened. On page 157 and subsequently, you can find the letters of intent. They’re all from the 2008 – 2012 time period.
I’ve totaled the demand for engines on the various letters (some don’t actually state quantities), and I get 3.24 million engines, which matches up pretty well with the 3.5 million engines that Freedom Motors claims to have conditional orders for.
At least 2.4 million of the total is from companies that are now defunct, so obviously those orders no longer exist. Visionary Vehicles still exists, but their current car concept is pure electric, so the 250,000 engines per year that they projected (I recorded that as 250,000 engines in my summary) won’t be needed. Alturdyne is a real enough company, and mentioned a potential demand for 500,000 engines in a total market, but didn’t actually claim they could sell that many. (The president of Alturdyne *is* a director of Freedom Motors, so there is an unquestioned connection here).
Other companies are real, but stated in their letters of intent that the engines had to be under a certain price. David has made clear on the blog that their current engine isn’t remotely low cost, so that excludes them. I can’t find any information about Madami International, which suggests that their 80,000 engines aren’t required.
However you slice it, it’s clear that most if not all of these potential orders don’t exist. This is even before considering the fact that anyone who wanted an engine seven to eleven years ago probably obtained one long ago from someone else.
Maybe it depends on the moderator, in this case it sounds like it would be cause he doesn’t seem to be interested in providing updates after the D listing
I suspect that the delisting is something that the management at Freedom Motors/Moller International have known was coming for some time.
This may very well be why the comment feature on the Freedom Motors blog was disabled back in March. I can imagine some of the commentary there now if it hadn't been...
It's also possible that this message board may be discontinued if the stock is permanently delisted. I've seen it happen before for other delisted stocks.
I think even though no efforts are being made at Mler, keeping the company current shows a good faith effort to the shareholders that the owner is backing his company and believes in his product.
If this is D listed then the message board will remain and should remain for future discussions as was the case with another stock Which was D listed as I have seen personally in the past
It wasn't hard to do and took around 10 minutes of research. Thing is, it's all public information that anyone can get.
What typically worries me if when people push a technology and have a website but the information is murky and unless you go do research, you'll never know who is behind it. Hiding something like that sends off an alarm, that something is not right. He had the opportunity to correct it and just got defensive then deflected to something else. Again, another alarm.
Selling an idea is easy. Making that idea a reality is the hard part. So this just looked like another version of selling or licensing an idea and sit back to collect the money. There are plenty other flying car companies out there, thus he can sell it to them. Airbus, Jeff Bezos and Warren Buffett would be my first choices, as it's a surefire thing due to the maths. All three are smart and will see he is right.
From Dr Moller off a Facebook page MLER owner phone call. "Will not work to end suspension (MLER will be delisted,) but not going BK, you will still own your shares. FM will get the ball rolling again"
(Those who do not know MLER was idled and all effort was placed towards FM, MLER gets money from any future motors sold. The plan to put all efforts to FM has not changed with the delisting, still if FM is successful then MLER will be, which is where we have been for over a year (maybe longer)
Not sure what will happen to this page once they delist, the FB page will still reflect any movement with Freedom motors since no new investors can buy easily I will no longer be posting info here
You should put that statement on a shirt and wear it to the next stockholders meeting..........oh wait we don’t have those anymore
I bet there may even be a statement coming from the company spinning this suspension as 'a good thing'.
I know Moller fans are not worried about the latest developments, but boy am I glad I sold my stock years ago...
Don't stress about the suspension people. Everything will be fine because...THIS TIME IS DIFFERENT
Has anyone gotten a response from Mler on what their plan is to take care of the suspension?
I called this whole suspension months ago!
You single handily disclosed his identity!
Corbin,
Good sales pitch. Sounds similar for when you were pushing Cubic Currency when you were all over the Infrax forum. All we have to do is just look up IFXY and see where that went.
Better part is, calling people stupid (assuming people do not understand math physics and geometry) is a great way to convince people that yo are right.
It's good to know that Split Power is the one that will keep Moller going. It will be the investors fault if this company goes under due to the non existent Split Power motor.
I notice you have never answered my four simple questions and have deflected to something else. That means, you do not have the answers and are hoping that the Moller investors (just like the IFXY ones) will come to the rescue.
Regards,
Bill
Here's the Cubic Currency website for anyone that is curious:
http://www.cubiccurrency.com/
Corporation of Flight:
https://ecorp.sos.ga.gov/BusinessSearch/BusinessInformation?businessId=2404077&businessType=Domestic%20Profit%20Corporation&fromSearch=True
Threats of removing posts referring to the Split Power Engine unless questions are answered are empty threats which will only hurt all of Moller's investors. Here you have a company founder who has
1. Allowed the corporation to fail as a legal corporation by not filing annually with the SOS
2. Not filed SEC reports in 4 years.
3. Stopped communicating with investors.
4. Has secret designs in a vault that "will be revealed in due time".
5. Has Not responded to SEC inquiries.
6. Has allowed the stock to be suspended
7. Has put performance numbers on the Skycar that are mathematically impossible with the rotary engines.
There is nothing to loose on this end. The little money that has been invested came from an energy stock that traded at $.0001 and shot to $.0098, a 98x return, when they switched to a crypto currency company. So free money was invested. You were told long ago about the Split Power Engine and threw ridicule because of no documents. Now you have the documents and now you say no prototype. Next you will see a prototype and then will say its not flying, then you will see it fly then you will say the FAA has not authorized it to fly.
It was never said that a license was trying to be sold to Moller. There are many types of win-win deals that can be structured with Moller. I know his financial state. There are over 150 companies (with money) now in the flying car game and the Split Power Engine can power them directly or as a hybrid-electric as the electric ones are realizing that pure electric is not economically feasible due to the limitations of the battery. Getting Moller to license the engine is a side project that takes very little time and money on this end yet can reap large financial rewards very quickly at even $1 a share.
You should be grateful that the knowledge of a practical engine design was even brought to you and that legal options were given to investors on how to protect your investment and increase your wealth. You may be that Fan Guy of False Hope. Go ahead and block my comments as spam, You will only be hurting yourself and the other investors and guess who they will be angry with. This stock is on its last leg and ready to be delisted and with that your investment will vanish and anger will set in especially when you see Moller start a new flying car company with his secret (but still underpowered) designs.
I hold the key to your wealth as far as this investment is concerned.
So go learn so math, physics and geometry and study the documents of the Split Power Engine
rwandrw Wednesday, 08/07/19 04:30:48 PM
Re: InventionStocks post# 2107 0
Post #
2109
of 2109
Please answer those questions posed or every post from now on refereeing "split power" will be deemed spam and removed. If you want to sell your product get your own board, or join with MLER and PR it
Corbin,
So, Moller showed all of us a vehicle that floated 10ft off the ground and a bunch of Mazda engines. You have shown us nothing. Only a bunch of words on a website. Anyone can do what you did. You have no prototype and have done no testing. Imagine if Paul claimed to have an engine and a bunch of tech in a vault that nobody has ever seen but he says it exists. Would you believe it exists or that he's just blowing hot air? By what you do, you believe him 100% because it must exist or he would have never said it. Same for your claims.
The Split Power engine is the way to go and you have a patent app to show it. As we all know, there are loads of patents out there that are of items that can never be produced. So what makes you different? What would make you different is that you come clean on whether you have a working prototype, show us the results of your testing and what it compares to theoretical. You don't have to worry about your name because I found it and now everyone can just google it and do their due diligence.
Here's your chance Corbin, just answer the questions because for investors, it's extremely important that we all know you are not just some guy sitting in a motel room somewhere waiting to cash in on people that do no research. I know you are not but you need to prove it to everyone else.
Thanks for the answers and we all will support you when you provide what has been asked of you.
Regards,
Bill
Corbin,
What you are saying is that you only have a patent application. Other than that, you have nothing. It's up to selling this patent application via a licensing agreement. You have no idea if this engine will actually work, be reliable, function under various conditions and if it's even cost effective to build. I would never say this but you have provides zero documentation and proof that you have something that actually works as advertised. Until you can do this, then I suggest you might want to stop posting and get to work to prove me and that boatload of other investors out there that you can walk the walk.
Please provide the proof. I look forward to it and then Split Power is a design that we can all count on for future investment. if you don't then you are in the same pile of dreamers that hope for investment by having patents, patent applications or just an overabundance of maths that have yet to be proven in the real world.
Plus why is this in the Moller section can only be answered that Corbin is praying that the Moller Stockholders will pressure Paul into getting the stock back going and then Paul paying to license this pipe dream engine just to make whatever existing flying car Moller has into a reality. If not, then prove me wrong with actions as opposed to words. Actions will get you investors.
Regards,
Bill
Moller has been only contacted once and that was by email. Who knows if he actually saw the email. On Monday all three persons were sent the email so the chances are higher that someone will see it.
The patent application documents at www.splitpowerengine.com precisely show the shortcomings of the rotary engine. Moller's secret enhancements to the rotary engine are just that, either corrections or enhancements. This means that the rotary has inherent flaws. Moller's enhancements revolve around a better heat coating, better wearing seals, and turbo charging the air. The first two only will extend maintenance interval time and the last is done to engines already.
The fact that the prototype engine is not published is irrelevant. One skilled in the art of combustion and engines and aircrafts would immediately recognize the operations of an engine.
This is the basis of the Slit Power Engine and determine if you understand the foundation: When the speed of rotation is completely separated from the force which creates said rotation, and said force is placed at a moment arm distance from the axis of rotation, any practical weight can be vertically lifted. We know from jacking up a car that a moment arm (long pole) on a jack allows that 4,000 pound car to be easily lifted.
Everyone already knows that small duct aircrafts require a higher rotational speed due to the fact that the area of the blades is smaller and more air needs to move through the blades per second to match the volume of bigger blades (like a helicopter). The equation for horsepower is torque x rpm / 5252. The torque more or less remains the same which is equal to the weight of the aircraft. For a 3200 pound helicopter the general rpm is about 650. So 4000 x 650 / 5252 = 396 hp This number is proved by the specs of the Bell Ranger 206B-L4 which as a rotor diameter of 33 feet 4 inches and a width of 1 foot for a blade area of 33.3 square feet and an engine of 420 horsepower which is actually reduced to 317 due to drive shaft limitations.
A flying car would have a total duct area of about 8 square feet and all is proportional so 33.3 / 8 = 4.162, x 650 = 2705 rpm. Plug this into the equation and you get 3,200lbs x 2705rpm / 5252 = 1648 hp. 1,648 horsepower just to lift the same weight. One who has a basic understanding can easily see that separating force and rotational speed is the solution to both vertically lifting heavy aircrafts and those with small ducts. I haven't even factored in g-forces so a more powerful engine is needed because its wingless.
Architecture involves concepts, math, physics and geometry on paper based on known environmental forces and material properties. An engine along with fuel properties is no different. A building stands up based on calculations not a prototype, for every building and the acting forces are completely unique.
In summary, enough information has been published that one skilled in the art of combustion engines and flight can make a confident judgment call on the Split Power Engine. It is the engine of all future vertical flight.
Greenpower1 Wednesday, 08/07/19 09:03:13 AM
Re: InventionStocks post# 2093 0
Post #
2101
of 2104
I've been following this for a while and you keep posting how the rotary will never work, that you have an engine which will, people should buy Moller stock, Moller should license your engine and you keep contacting Moller but they never respond.
Moller International from the last SEC filing for 2015 showed an accumulated deficit of $57,283,369. This represents $40,328,642 in stock value at a price of 40.4 cents a share and $16,954,727 in cash debt. All of the internet articles says he spent $100 million (I assume with inflation). The only so called "valuable" asset that Moller Int. has is some promissory notes from Freedom Motors and keeping rights to use the Rotapower in aircrafts. Getting a fresh company listed on the OTC has a rough cost of between $200k and $300+k. From a financial perspective it makes sense to just let Moller Int. fail so that all that debt is wiped out. He then could start a new company called say "Moller Vertical Aircrafts Inc." and create a new stock listing. After all, Moller is his name and it is his defense. Because his rotary engine modifications are secret (which technically means the modifications don't exist), when the patent applications are placed in the Patent Office after Moller Int. fails, they are just assigned to "Moller Vertical Aircrafts, Inc." and have not legal connection to Moller Int. At the end of the day even that promissory note for the Rotapower does not exist because Rotopower is nothing more than a trade name and trade names is irrelevant to patents.
My conclusion is that all Moller Int. shareholders are #$%$#! if Moller chooses to do nothing.
Shareholders could however petition a court to place Moller Int. into some sort of receivership and put in place new management and then change the name of the company. The only value that I see that currently exists is that Moller Int is now trading on the stock market meaning that investors have immediate liquidity. This would be best accomplished by an investor living in California as California courts would have jurisdiction. Maybe Federal if your principal investment exceeded $75,000 to obtain diversity jurisdiction. However any investor located anywhere can bring the case, they just have to deal with it from a distance and hop on some cheap flights. The filing fee as a pro-se is less than $500, the lawyers would be the major cost but if you are determined and have the mental skills you can do most of it yourself and consult with an attorney (Judges like to see attorneys getting paid). But all of this can be recouped if it is granted which it has a strong chance due to the non filing and inactivity.
Involuntary bankruptcy filing may be another route as it would instantly stop even SEC actions (such as a delisting) but there are other consequences.
How did you get this info
I've been following this for a while and you keep posting how the rotary will never work, that you have an engine which will, people should buy Moller stock, Moller should license your engine and you keep contacting Moller but they never respond.
Since you obviously have something of value and you keep talking about splitpower, I ask you this:
1. How many splitpower engines have you built?
2. How many are running?
3. How many hours of testing have you done?
4. How does the theoretical math work out to reality?
At this point all I see is a website and some papers. If I was Paul and someone came to me with just that and nothing tangible, then I wouldn't respond either. On the other hand, if you have all of this up and running then why not go visit Paul with an engine in hand and have him take a look at it? That would get this thing going much faster.
Also, the splitpower and corporationofflight pages seems to have nobody behind it. It's about as murky as the Cubic Currency page that operates out of the same address in Atlanta. The only information I can find is that Corbin Leroy Young is the CEO, COO and Secretary. That's just via the GA Department of Corporations public website. Plus that person has two patents. One is the Flux Capacitor Solar Cell and Edge Self Designing Card Game For Fun, Professional and Casino Play.
My suggestion is since there is a website, maybe put in an About Us link and another on the progress of this engine. It would really help get the splitpower engine going as opposed to having everyone just keep guessing. Maybe the engine is not your engine but you keep pushing the shareholders to get Moller to license it.
Isn't it interesting that the Freedom Motors blog - usually so quick to respond to anything that might darken their reputation (like the recent fire at Paul's farm) - hasn't said a word about the suspension of trading in MLER?
Within the SEC statement, it says "Respondents shall file an Answer to the allegations contained in this Order within ten (10) days". There isn't really much that they can say to contest this -- they haven't filed financials for four years and it's a matter of public record.
Follow on consequences from this (which include a possible twelve month suspension in trading, or for the registration of MLER securities to be revoked completely) also affect "new corporate names of any Respondents". So they can't just dump MLER and start a new company. I assume that this doesn't apply to Freedom Motors, as it already exists as a free standing company.
They have seven days to respond. We shall see what happens.
Moller is not out of capital, they may just think they are out of capital. They are holding on so tight they may eventually loose it all. Any company that's on the stock market essentially has a bank in their back office. There are a few ways to approach this.
They could easily sell between $5000 and $10,000 worth of shares at $.0075 per share and fund a quality, broad reaching PR campaign about how they have licensed a new engine technology and listing certain technicals on the errors of the past engines and the solutions solved by the Split Power Engine. Moller already has the name and can easily capitalize on it. As the stock price rises then their capital expenditures get more efficient and cost effective. As of right now the only thing that is holding Moller back from generating capital for the company and shareholders is their loyalty to the Wankel engine, the held on design of the Skycar and the shame of chasing after it for so long. After they free themselves from these "mental" constraints, they will see that the goal is a flying car and the design of it or engine type or how much money and how long they worked on it in the past is irrelevant.
In regards to money to bring the stock current. I've seen financials of OTC companies 3 pages long that have passed muster with the filing requirements. Moller doesn't need to write a book, its all about disclosure. He is around enough people to where they can write up each quarterly filing and have an accountant sign off. In my opinion, all of it is cookie cutter, nothings been done, just change the expense numbers. At the end of the day, the last filing is the most important. Everyone knows the revenues are zero so just make sure the debt numbers either match or exceed the true numbers. Its a fresh start. Pay the accountant with stock or sell stock.
Its either this or everything is loss, for him and the shareholders. Because once Moller is delisted its not coming back. Then because of the large number of investors, it just takes one investor to lobby a personal lawsuit against himself, as some gave money as loans also, I believe. Just fighting those whether they go through or are dismissed cost money (but there is merit), . At the end of the day, it will be cheaper to scrap everything and start fresh with the Split Power Engine and a new Flying Car design.
Also it would be progressive if I took over control of the Moller shell. Moller can sit back and capitalize. This is an option also.
Shaken Not Stirred Tuesday, 08/06/19 05:34:10 PM
Re: InventionStocks post# 2093 0
Post # 2096 of 2097
Since they are outta capital, do you have the funds to bring this stock current if they agree to some sort of joint venture? I would believe they may be able to still pursue their own engine under the FM company and have a joint venture under MLER. It appears you are looking for a shell to take over which is already listed on the exchange
IF they become current, it will be a good sign to investors along with any positive details on the new deal
Are they out of capital? FM owes them millions, FM may have 25k in the bank which could be paid back guess we will know in a few days
Since they are outta capital, do you have the funds to bring this stock current if they agree to some sort of joint venture? I would believe they may be able to still pursue their own engine under the FM company and have a joint venture under MLER. It appears you are looking for a shell to take over which is already listed on the exchange
Getting interesting we could open dollars with the right news
Never have received a response. The email I sent yesterday went to Moller's, David Sastry and Jim Toreson email. Asked for a response before the 10 day suspension is up.
One thing is that acknowledging another engine technology is an admission that the rotary engine is not the correct engine for vertical lift flight and an admission of wasted investor resources. For Moller International, the end goal should be the flying car yet I think their end goal is a flying car with the rotary engine.
Shaken Not Stirred Monday, 08/05/19 10:37:00 PM
Re: InventionStocks post# 2088 0
Post #
2091
of 2092
Did Mler show any interest in your companies contact? I hope you involved David as well, he is a vital part of Mler too.
Battery life.. always the same issue
https://www.bing.com/amp/s/www.foxnews.com/tech/flying-car-hovers-above-ground.amp
Did Mler show any interest in your companies contact? I hope you involved David as well, he is a vital part of Mler too.
Corporation of Flight initiated contact with Dr. Moller and Director Jim Toreson today August 5, 2019 to create some type of deal to get Moller Int's stock back on track due to today's 10 day suspension by the SEC. Such a potential deal would naturally incorporate some sort of licensing of the www.splitpowerengine.com or some sort of buyout or operational transfer of Moller Int. COF is currently in communication with the U.S. Army for their Future Vertical Lift initiative.
We have concluded that the likelihood of Moller using his own money to bring financials up to date are ZERO, as he would have done so a long time ago. Additionally Moller Int is suspended as a corporation in California which provides another piece of info. Once the trading is permanently halted and the ticker symbol is taken away I believe that there is no coming back and all stock holdings of investors will be gone for good. Without some "new and practical" engine technology being incorporated into Moller's plan, the whole long term strategy of generating revenue from Freedom Motors to divert to Moller Int is a plan that has already failed.
Whether Moller will do the right thing and "do something" as opposed to doing nothing is anybody's guess.
Shaken Not Stirred Tuesday, 05/21/19 10:13:08 PM
Re: InventionStocks post# 1766 0
Post #1915 of 2087
What is the status of the potential offer to MLER?
MLER SEC Suspension for severely delinquent Financials:
https://www.sec.gov/litigation/suspensions/2019/34-86562.pdf
Order:
https://www.sec.gov/litigation/suspensions/2019/34-86562-o.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2019/34-86561.pdf
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Moller International (MLER)
http://www.otcmarkets.com/stock/MLER/news
*** TOP REASONS TO BUY MLER ***
The Rotapower® Engine
Moller International (MLER) has developed a lightweight cutting edge rotary engine technology, called Rotapower®. It is vibration free with twice the power and one third the weight and size of the engine it is replacing designed AND the company has developed for the first and only feasible, personally affordable, personal vertical takeoff and landing (VTOL) vehicle the world has ever seen. (Flying cars called volanters the future is here!) It produces 3 Hp per each 1lbs
Moller International (MLER) has exclusively licensed its Rotapower® rotary engine production and distribution to Freedom Motors except for aircraft and ducted fans. Everytime Freedom Motors sells an engine Moller International (MLER) gets a cut!!
Freedom Motors agreement with Moller International (MLER) provides for a 5% royalty on engine sales and 30% of any revenue Freedom Motors receives from sub-license agreements it makes.
Freedom Motors has contracted with Moller International (MLER) to provide all engine development and now owes Moller International (MLER) approximately $4 million for these services
BUT IT GETS EVEN BETTER:
Moller International (MLER) focusing on it's sky car production has already received orders with deposits for its Skycar 200 and Firefly volantors. The Skycar is capable of vertical take-off and landing (VTOL) similar to a helicopter and flies from point of departure to destination much like an airplane. However, the Skycar has been designed to also travel at low speed for short distances on the ground like an automobile. It has fold-up wings which make it narrow enough to be usable on roadways. All this and, incredibly, it's easy to fly!
Neuera/Firefly volantors
There is an exception in the FAA rules for airplanes that weigh less than about 1400lbs. They are called Light Sport Aircraft (LSA). Moller International (MLER) plan to work with the FAA to create a category for powered lift aircraft which has the advantages of the LSA category. The Neuera/Firefly is a is particularly suitable for: Border Patrol, Search and Rescue and Utility Use or ATV replacement. Getting the Neuera/Firefly is now the priority, since it will talk the least amout of FAA Regs to jump over to get it certified.
Awesome share structure, as of February 19, 2015 there were 150M A/S and 69,379,796 shares of common stock outstanding meaning that when the share price rises it can rise quickly with the limited number of shares available!
Moller International (MLER) will eventually be uplisted to a senior exchange if it is not purchased by a bigger company which is highly likely! Currently MLER shares are trading around a penny, with it's new revenues and continued growth look for MLER to be trading in the multi dollar range within 12 months.
President and Chairman of the Board Dr. Moller has received 43 patents including the first U.S. patent on a fundamentally new form of powered lift aircraft
Moller International (MLER)
http://www.moller.com/
Freedom Motors
http://www.freedom-motors.com/
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