Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Freedom motors should go public, roll it into XNNHQ
Lolllll free snacks
Be careful with those questions. For the fanboys questions = attack.
When they did have SH meetings the only people who would go apart from the 'board' seemed to be people who wanted to have their pictures taken in the mock-ups, get free food and fruit punch.
But yeah, all valid questions
Engine will be a hot seller jmo lol
#6 was delisted for a few days and now trading or are they going to delist for sure
I know that Moller International and Freedom Motors never bother to have anything like stockholder meetings, where they can get asked questions and stuff. But if they did, what questions would you want to ask? Here's a starter list:
1. Was the trial at the Canadian University that you’ve stopped providing updates about completely imaginary, or was the engine just so lousy that they were disgusted with it?
2. Three years ago, Freedom Motors generated a lot of hype about the Rotapac 15KW generator, and then we never heard anything again. Did this actually exist, or was it just an attempt (yet again) to fake credibility?
3. When did the money from last fall’s stock selling exercise run out?
4. Can you provide any evidence beyond your own press release that Alife in Singapore still exists as a viable company?
5. What activities of the company are the “advisory panel” (Anjan Bose, Andee McCoy , Sudheer Kuppam) announced last fall contributing to? Can you point to any evidence beyond your own announcements that these people have any connection with Freedom Motors at all?
6. Recently, Paul Moller stated that Moller International is “making every effort possible to keep from being delisted”. Can you show evidence that anything is being done?
7. Why was commenting on the Freedom Motors blog discontinued? Why is it that not a single comment has been made to the blog since the new commenting system was implemented?
8. Of the four million orders that you claim to have for various Freedom Motors engines – how many of the orders are from companies that still exist, and how many of them date back to before 2014?
9. Is there any update on the PSC deal, or does everyone there finally comprehend that it was complete fantasy on someone’s part?
So when is the update gonna be from the over seas trip?
Is the delist lifted or no go
This is why they are going with a proven engine to power generators and scooters. That will allow Moller to be paid back and then Moller can make their product. If someone could come up with a new powerplant that would make the Moller a reality, that would be great, but as of now, not a single powerplant other than the Wankel works. I wish someone would prove me wrong but I doubt they will. I don't want to see a bunch of maths but a real working product that has been tested thoroughly. So investors are waiting....
Waste of 100,000,000 and they should have used the money to produce engines
And there you have it. "We have conveyed this message many times and we think it is appropriate to repeat it at this critical time again. MI’s success is totally dependent on FM’s success. The FM engines are the key technology required for MI to have a marketable product It is logical to focus on FM to ensure its success so MI can come out of its dormant state."
rwandrw Monday, 08/26/19 08:05:20 PM
Re: None 0
Post #
2179
of 2180
The News letter with the delisting info
To: All Newsletter Subscribers
From: Paul S. Moller
MOLLER INTERNATIONAL
We have conveyed this message many times and we think it is appropriate to repeat it at this critical time again. MI’s success is totally dependent on FM’s success. The FM engines are the key technology required for MI to have a marketable product It is logical to focus on FM to ensure its success so MI can come out of its dormant state.
FREEDOM MOTORS
FM has taken several positive steps towards engine production, including adding a number of very qualified people to our staff. Demand for the Rotapower® engine is incredibly strong with requests for nearly 4 million engines from 12 countries. FM is approaching these orders in the following way:
It is always progressive to find the most efficient and effective way of accomplishing a task. This is purely an optional funding play and is one of several funding routes. If one can pick up a million of so shares of a company for a few thousand dollars and one has the technology to boost the shares to where that million shares can become a million dollars then why not. The total time spent on this board and writing a couple of letters to Moller amounts to a grand total of no more than 8 hours (and that's being generous). I would say 8 hours for a million dollars is a fair trade.
It should be obvious that generating a million dollars piggybacking off a stock is better than going out selling equity for a million to get an engine produced. It shows that one does not depend only on one source of financing.
Moller has developed tunnel vision in that his only avenue for success is to get Freedom motors revenue going so that it gets the skycar going. The problem is that after $100 million he still doesn't understand that the rotary engine won't work for the flying car. A progressive CEO would at least announce that they are looking at electric powered flying taxis if not just to stay with the current course of industry and to keep the stock steady. I truly believe that Moller has made a promise with Felix Wankel. Sometimes promises have to be broken.
j5mith Thursday, 08/22/19 12:36:51 PM
Re: InventionStocks post# 2170 0
Post #
2172
of 2179
If you have a real working example of this world changing engine, then why are you wasting your time trying to sell it to losers like Moller International?
There are lots of other companies competing in this space with real programs and real flying aircraft. The limitations of electric propulsion in this area (battery mass, in particular) are well known. Why not try to convince someone that's actually flying (and has a chance to accomplish something), rather than a company that hasn't flown anything in more than fifteen years?
The News letter with the delisting info
To: All Newsletter Subscribers
From: Paul S. Moller
MOLLER INTERNATIONAL
The SEC had temporarily stopped Moller International (MI) stock from being traded on the Over the Counter Bulletin Board (OTCBB). This is because MI’s accountant was unable to file quarterly or annual reports since September 2015, due to MI’s dormant state. MI primary address was also not updated since we moved to our new facility, even though we have promptly alerted SEC. Finally, when we did receive the letter due to the good deed of the current occupants of MI’s previous location, we sprung into action and rectified the first issue we have with the state of California. We also ensured MI is represented by legal counsel who continue to engage with SEC. Now the MI stock is trading again. As we know actions speak louder than words, we wanted to reach out to you through this newsletter to let you know MI is making every effort possible to keep from being delisted.
Many of you are probably familiar with the history as to why the MI stock price fell dramatically almost immediately after it registered as a public company. For the astonishing details behind this fall see the Website: http://www.somi2003.org/index.html. This Website was generated by the Stockholders of Moller International (SOMI). MI did not raise capital as an Initial Public Offering (IPO) when it registered as a public company because shareholder options for $8.5 million were to be exercised when it became public. Only a small portion of these options were exercised before the price of the stock fell due to the egregious behavior outlined on the SOMI website. When MI became a public company in 2001, existing MI stockholders received shares in Freedom Motors (FM) as it was spun off to become the exclusive developer and manufacturer of Rotapower® engines. While FM’s ability to raise production funds has been hurt by the MI’s damaged history, the demand for engines is allowing FM to overcome this problem. However, MI’s funding raising problem remains.
We have conveyed this message many times and we think it is appropriate to repeat it at this critical time again. MI’s success is totally dependent on FM’s success. The FM engines are the key technology required for MI to have a marketable product It is logical to focus on FM to ensure its success so MI can come out of its dormant state.
FREEDOM MOTORS
FM has taken several positive steps towards engine production, including adding a number of very qualified people to our staff. Demand for the Rotapower® engine is incredibly strong with requests for nearly 4 million engines from 12 countries. FM is approaching these orders in the following way:
For high profit margin applications like VTOL aircraft or mitigating global warming, modest production can occur in the US.
For large US orders, the production cost can only be competitive if the engines are produced in countries like India, Mexico or China.
For large orders from outside the US, it is prudent to create a joint venture leading to production in that country.
Dr. Paluru, our CEO is preparing to return to India next week. This will be his third trip with the purpose of finalizing several agreements. FM will provide a report on details of his trip following his return.
I agree that Moller's obsession with his rotary engine is a problem, but he has convinced himself and his shareholders and fans that his rotary engine is the key. Convincing him (and his shareholders and fans) that he is on the wrong path will be impossible. Impossible.
There are some fundamental beliefs held by the Moller fans and shareholders and they are impossible to change:
- The Rotary engine is the key
- Moller is not at all at fault with their 2003 run-in with the SEC
- Moller just needs a little more money to achieve success
- The Skycar prototype is basically ready to fly
- Moller is somehow still THE authority on flying cars
- There are 'provisional orders' for millions of engines
- There are actually engines working to claimed specs
- "This time is different"
None of these are true, of course.
This is getting interesting, they seem to have the delist restriction away as it is trading again, what the hell
What about the government contract that was up for grabs, they needed vertical take off and we had the patents, something like this, someone said government contract available
Problem is, there's no real world example of what can make the Moller work. It's all on paper and done by an unknown person with zero credentials. If the stockholders would just tell Paul that there has to be a new engine that will blast the stock price higher than the Moller could fly, then they need to let him know. Plus they need to let him know that they will put in more money to make this work because this time, the maths do not lie. How we know,is because a stranger told us.
There you go. It's one simple trick. At this point, not a single company or person outside of Moller has a real world example of a car that can fly. So, at this point, you can only just do that one thing that keeps Moller back and that's funding a powerplant that exists on paper. It might blow up on the dyno over and over again. Might be unreliable or cost 100X to maintain or need yet another funded project to get the efficiency to match theoretical but that's no big deal. The maths in the paper and pencil stage are all that matters. Show it flying in a Mexico desert and the stock will be at $1000. It's that the stockholders need to take over the company and then fund yet another paper project.
If you have a real working example of this world changing engine, then why are you wasting your time trying to sell it to losers like Moller International?
There are lots of other companies competing in this space with real programs and real flying aircraft. The limitations of electric propulsion in this area (battery mass, in particular) are well known. Why not try to convince someone that's actually flying (and has a chance to accomplish something), rather than a company that hasn't flown anything in more than fifteen years?
I sent an email about the recent weird trades
There is belief and there is science. I don't understand why most people on this board keep thinking that if Moller throws a few more million at the skycar it will work. He has said verbally (and you can find it on the web) that he spent $100 million. He has done test after test after test. And not only him but other companies.
Why does not anyone understand that there are only two attributes to every engine that exists. These are rpm (rotational speed) and torque (i.e. weight, g-force). Helicopters have no problem getting off the ground. This is because it has a large rotor area which allows it to have a low rpm. When you shrink that rotor down to the area of the skycar rotors the rotors have to rotate faster. The torque does not change. This increases the required horsepower. Everything is embodied in the equation hp=rpm x torque /5252. You can easily see that if the rpm increases and is multiplied by the same torque the required horsepower doubles, triples, and so on.
Its an engine issue.
This is the SP Engine's law of heavy vertical lift: When the speed of rotation is completely separated from the force that creates said rotation, said force is placed at a moment arm length away from the axis of the rotation, any practical weight can be vertically lifted.
The turbine engine, the wankel rotary engine and the 4 stroke engine all have their phases (air intake, compression, combustion and exhaust) all mechanically linked to one another. This limits rotational speed or if a high rotational speed is achieved the torque is limited. Its a catch 22. There is no way around it. The core designs of these engines are set and cannot be changed except for a few superficial enhancements like metal type, coatings, superchargers, more spark plugs, air-fuel swirl, etc.
Moller had a flawed agenda. He became so focused (obsessed) on making the Wankel engine work in the Skycar he lost sight of the fundamentals of physics. And instead of admitting that the Wankel does not work for this application he says that a few more million dollars and it will work. No it won't. He should have set out to design a new engine according to the problem's need.
$1 a share is an easy target with the right technology. A deal with Moller was on the table and not even a call back. A handful of flying car companies called back and listened and were told about the technology and they said that they were willing to place orders. Even a called back from a company that does 4 billion a year in turbine engine sales, although it is known that they don't want to rock the boat because after all they are making 4 billion a year.
None of the assets of Moller Int are needed, not the prototypes, not the equipment, not the engines, not any patents. Nothing. The only valuable assets that Moller Int has is that the media will readily cover him and that he is on the stock market. It is these two things combined with a new scientifically sound engine that will make the stock go up to a $1. At $1 a share Moller would have funds to completely build the engine. Its just an easy way to generate cash from cheap stocks and get final engine built without coming out of pocket the couple of million thats needed. Its just that simple.
Investors doing something is better than sitting around doing nothing. Moller is no different than any other shareholder, he just has more shares and was the first shareholder. Moller has a legal duty to shareholders and when he failed to keep MI registered as a legal entity and failed to file SEC reports and failed to keep investors in the loop he has essentially abandoned the corporation. There are laws regarding abandonment and applies to businesses as well. Trust me. When a public company is formed you are essentially giving your company to the public. He lost the 50% voting control as laid out in the last Article of Incorp filing.
People can bash me all they want but the fundamental fact is that the Wankel engine has not worked and will not work for a practical flying machine and that a new type of engine is the answer. If Moller did nothing when the company was on the Pink sheets he will definitely do nothing now that its on the gray sheets.
Shaken Not Stirred Wednesday, 08/21/19 10:49:31 PM
Re: InventionStocks post# 2166 0
Post #
2167
of 2169
Why do you believe it would go to a dollar?
Po3sHare Thursday, 08/22/19 02:16:44 AM
Re: InventionStocks post# 2166 0
Post #
2168
of 2169
I have to ask. In the very, very, very unlikely scenario of MI being taken over by shareholders, what exactly do you think the shareholders will get?
What does MI have? A couple of fibre glass mock-ups? What else? There are no engines as anything engine related belongs to FM.
And then, if control goes to the shareholders, then what? What happens then?
My sentiments exactly. Inventionstocks' assumption is that not filing with the SEC is the only concern that Moller International has, and that if that is fixed, the stock price will promptly increase fifty times.
Paul Moller has millions of shares of MLER. If this could be fixed that easily, don't you think he would do it -- out of self interest alone?
Interesting that, only three weeks after the stock was delisted from the Pink Sheets, someone from Moller finally got around to admitting that there was an issue. It doesn't really say what they intend to do, and I suspect that there isn't a lot that they *can* do. I've always suspected that there was a very good reason (beyond the company being dormant) why MI stopped reporting financial results, and I don't think that the reason why they didn't want to report their results has gone away.
The newsletter also included an update from Freedom Motors that wasn't really an update. Same old sh*t, apart from another trip to India for Doctor Paluru.
I have to ask. In the very, very, very unlikely scenario of MI being taken over by shareholders, what exactly do you think the shareholders will get?
What does MI have? A couple of fibre glass mock-ups? What else? There are no engines as anything engine related belongs to FM.
And then, if control goes to the shareholders, then what? What happens then?
Why do you believe it would go to a dollar?
Moller International is able to be taken over by shareholders. All one has to do is file a complaint in superior court in the county of California claiming incompetence and showing that Moller only owns 17% of the voting shares when 50% is needed. It should cost about $500 in filing fees. If you use a lawyer, write it up yourself have the lawyer edit it and give him $1000. If Moller doesn't answer then its a default and a new President can be put in and the filings brought up to date. If he does answer his only acceptable response is that he is not going to do anything (equivalent to a default) in which case a new president can be put in or he is going to bring the filings up to date.
I've seen companies stay on the gray market for at least 2 years. Anyone willing to wait around for 2 years hoping that he will do right might want to review their own mental state.
Anyone willing to set up a gofundme page. $2,500 will pay for the court filing fee and a lawyer, etc. 50 investors donating $50 each. At the current price of $.002 and going to $1 is a 500x return. Somebody could make off like a bandit.
Why this low price, who would sell at 0.002 when they can get higher
He has no respect for his shareholders by letting this head towards a D list. Very selfish
This is a real company. Seems we have a contract, we need more info. Low s o
Mr. Moller is disgraceful. He should be held accountable for his actions!
They need to keep this trading
I would be happy to buy at 0.00 and then we become a billion dollar company
My guess is that if they haven't mentioned it already, they're not going to. Mentioning it doesn't help them.
It will be interesting to see what happens on Monday.
I wonder if Moller will make a public announcement regarding all of this, either good or bad
The reason why Moller is letting the company fall off the stock market may be because he has lost control of it or trying to get back "control".
As of the last SEC filing Form 10-K June 30, 2015 Moller only owned 16,964,728 shares or 17% of the common stock which is the voting stock. If his options of 25,000,000 shares are exercised he would own 41.7%. All the other directors and officers combined owned less than 1% of the common stock. However there are all of those convertible notes which can boost share ownership.
The last Articles of Incorporation filed with California states that a 50% holding of common stock is needed to control the vote. The 10-k states that as of November 2015 there were 605 common shareholders (so since the stock price was 1 cents a share on June 2015 one can assume that the number of shareholders still hovers around 605 - give or take 100)
California Corporations Code 1-1-16-1600 states
A shareholder or shareholders holding at least 5 percent in the aggregate of the outstanding voting shares of a corporation or who hold at least 1 percent of those voting shares and have filed a Schedule 14A with the U.S. SEC shall have an absolute right to do either or both of the following: 1 inspect and copy the record shareholders names and addresses and shareholdings...upon written demand upon the corporation, or 2. obtain from the transfer agent.... a list of the shareholders names and addresses...
So what does this mean?
It means that a few shareholders can communicate with each other and file Schedule 14a and get the names and addresses of all of the shareholders and hold a vote for new president and director and take control of Moller International and possibly introduce new engine technology "I recommend the SP Engine" to get the stock back on tract. Because the stock started at $7.50 a share in 2002 a lot of people have lost a lot of money as attested by the $100 million spent claim. 5% of the outstanding shares based on the 150 million authorized shares is only 7.5 million shares. I assume that at least 7 people on this board and on facebook hold at least 1 million shares each. Or who owns 7.5 million shares.
Conclusion
The bottom line is are shareholders on this forum and on facebook going to keep hoping that Moller does the right thing and bring it current, sit back a watch their investment go up in flames are they going to take action.
P.S. Moller could easily allow the stock to collapse and then come in and buy at $.001 to get voting control back at 50% stock. If he needs 50 million shares to do this then 50 mil x .001 = $50,000. or $25,000 at .0005.
No scam and hardly any s o would make a great r m great tax losses
Moller is a scam artist plain and simple.
Maybe fm will take off and we can get dividend from moller
Followers
|
44
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2470
|
Created
|
12/29/02
|
Type
|
Free
|
Moderators |
https://www.facebook.com/groups/31444130440/
https://www.facebook.com/MollerInternational
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/
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |