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Alert the media. After two and a half months, Freedom Motors issues another newletter. Summary:
-"Before we ushered into 2020, we prototyped a 54cc compound engine that is projected to produce 10 hp on methanol and is the size of a grapefruit." What happened to the "ready for volume production" 530 cc engine? Why are they messing around with this and not trying to sell the engine that they (supposedly) are already equipped to mass produce?
-"our 150cc engine demonstration model with hydrogen as primary fuel is coming along well. We continue to engage our US based customer to complete this prototype. We estimate that we have accomplished over 90% of this model and wish to complete the remaining 10% within the next 8 weeks." I'm sure that the completion here "within weeks" is as likely as the Chinese joint venture or the Reg A stock offering, both of which were supposed to be happening "within weeks" and both of which vanished into oblivion years ago.
- "Singapore based customer [Alife - ha ha] wishes to visit us here in California and and establish a plan for their engine manufacturing. The executives of our Singapore customers are carefully planning their trip due to the coronavirus scare around the world." A well structured announcement in classic Moller style, promising nothing and leaving a perfect excuse for later when nothing actually happens.
- "We continue to assist our demonstration partner out of Canada who is in the final preparations for using our 530cc engine with biogas fuel. We hope to put this into operation within the next few weeks." Are they finally returning your phone calls? They started assembling their genset 18 months ago and they still aren't finished. Must be all that socialized medicine. I figure that this is as likely to be finished "within a few weeks" as the item above.
Plus four more paragraphs of stuff so non-specific that it's not even worth commenting on. I suspect that the only reason that they released an update was so that the blog didn't go three whole months without an update.
Shaken Not Stirred, MLER stock was revoked;
On the rare chance that Moller International decides to become publicly traded again, it would be by new issued stock that would not include previous shareholders that had their stock revoked. There are those that will hold out hope for weeks/ months/ years for no reason;
https://investorshub.advfn.com/boards/getboards.aspx?searchstr=Fka
Good luck
so Far so good. It appears Mler has gone silent. They are dreaming up their next BS news letter. Paul should do the shareholders a favor and sell this shell to someone who can do something with this dlisted stock
Don't go jinxing it...
But I think all but the most hardcore fanboys have given up.
I saw on the fanboy facebook page that some fanboy asked for a newsletter. Don't know what 'news' he is looking for and someone asked about the FM blog.
Both Moller International and Freedom Motors have gone dark.
In the past old Jeffy would say they are quiet because there is 'big news pending'...Even the fanboys have now realized that there is never 'big news pending'.
...And for those that (as always) will reply about the list of stuff that Freedom Motors has developed but not applied for patents on:
Presumably, the prospective investors that have looked at Moller International/Freedom Motors over the past few years have been able to see this. The fact that no one has put any money into the venture (see Dean's previous comments about how Paul seems to think that "joint ventures" work) suggests that the investors don't think that anything brilliant is in the vault.
My post of January 6th shows a list of stuff supposedly in the vault at Freedom Motors, according to the Freedom Motors website. All of the supposedly patentable ideas are improvements to rotary engines. Since no one seems to be particularly interested in Freedom's rotary engines, it's not too much of a stretch to presume that no one is interested in the improved versions either.
Think of the number of times over the past fifteen years or so that Freedom/Moller has claimed that some marvelous new thing is about to happen. Now, think about how many times that marvelous thing actually came to pass. Zero, right? (I don't consider the move from Davis to Dixon to be a marvelous thing). These guys lie the way that other people breathe. Nothing that they say is in any way credible.
Think about it.
"Will someone take over?"
What is there to take over?
I'm talking Moller International now, not Freedom Motors, but I will get to that.
Contrary to the beliefs the fanboys hold, you have to ask yourself, what does Moller International have that someone would want to take over and continue?
Here is what is needed to make his flying car a reality:
An Air frame. Again, contrary to popular belief, much of what we can see on photos and what was available to see at shareholder meetings at Moller's old facility wasn't air frames meant to fly. They are fiberglass mock-ups of Moller's vision. They are pretty and they were created to leave potential investors in awe so that they are easily departed from their money. Just go to any aviation expo. All manufacturers do that. Any flyable air frame Moller may have is likely to be decades old. Getting it actually airworthy may cost more than just building a new one. Besides, the technology may also be old and newer, safer, lighter, stronger and cheaper materials are out there.
Engines. Ahhh. The engines. In Paul Moller's own words, the engine, and in particular HIS Wankel rotary engine holds the key to his Skycar. Unfortunately Moller has, through all these years, never been able to demonstrate his engines to back up all his claims about it. The last time the Skycar hovered on a teather, unmanned, it was stripped down to the bare minimum so that the engines could lift the air frame. Those engines would never have allowed the Skycar to fly with one, let alone multiple passengers. Moller makes a lot of claims about his engines and all the applications it can be used for, but don't you think he would have sold some by now if it worked? He can't even build, produce and sell a lawnmower engine, let alone one that can power a VTOL aircraft.
A Flight Control System. The flight control system needed to operate a VTOL aircraft is available off the shelf these days. Besides, from previous blog posts and newsletter surrounding Moller International's computer systems it is evident that these things weren't Moller's strong suite.
So, my point is Moller has nothing that can be 'taken over' once he passes. Everything they have doesn't work and is very old. It is like buying a company that's still trying to make beepers in the world of smartphones.
As for Freedom Motors, doesn't anybody see the way they are going about their business is exactly the same as Moller's been doing for all these decades? "We have had a string of successful meetings in India, I 90 days we should..." and the...nothing. All talk and no action.
How fanboys can still believe that "Paul Moller won't let us down" when this is ALL he's been doing for half a century is let his shareholders down is beyond me. How fanboys can say every time "but this time is different" every time when the last time they said it, it turned out not to be different at all also goes beyond me.
I ask again, when he passes, what exactly is there to take over?
Do you think if he passes someone will take over. I have asked this question before management and have received no answer. I’m assuming there is no plan. The company would just go away
When is the next newsletter due? Why would you want that? All it will vaguely say about FM is that 'we are making progress' without any hard evidence that they are...
The only reason I check on this page and on the FB fanboy page every two weeks is to see if Paul Moller is still alive.
TRUSTUNITS1000000, MLER stock is gone forever. No news coming. EOM
I was also wondering when the next news letter will come out, tsla never made money and stock went from 20 to 300
When’s the next newsletter due?
Freedom motors worth 46 million dollars
Here is my take:
* Nothing about the biogas program at Cape Breton University in Canada that was the subject of so much of their publicity in 2018. - It was probably in the 'lets discuss it' phase when Moller ran with the story already and it never moved past the 'lets discuss' it phase.
* Not a word about the revoking of Moller International's shares. - Denial much?
* Nothing about the strategic partnerships with Stratus Environmental and Alturair (announced December 8, 2018, and then never referred to again). - What I have learned from my years of following Moller's companies is that the term 'strategic partnership' does not mean the same to everyone. In the real term it means a partnership that will benefit both parties. Moller has nothing that can benefit anyone. All he wants is someone to give him money with no guarantee of getting any of it back. He wants grants. Handouts. Every single one of his investors throughout the decades can attest to that...
* No further reference to the "software problem" that eliminated all comments on the blog. - No 'software problem'. Only tried to silence their critics.
* No indication of what benefit (if any, apart from the ability to stay in business) resulted from the $107,000 harvested from the StartEngine crowdfinding in late 2018. - CEO's of non-revenue producing companies also wants to eat...
* No further information about their (revived) partnership with Alife Air Automobiles of Singapore, and no verifiable proof that Alife still even exists. - Lets face it, the average IQ of a Moller fan is low enough to believe this excrement.
Okay, what do they say that they did?
"We have accomplished a lot this year and we will continue to do so next year. We truly believe year 2020 will be the year of continued success and many accomplishments. A summary of accomplishments in 2019 follows…" - They copy and paste this line year after year after year, they just change the date.
Signed MOU’s with many partners and formed incredible partnerships
* No specifics of what was signed with which partners, and MOUs aren't binding in any case. - Another BS line that comes up year after year after year and these never come to anything. Like you said, MOU's, LOI's and IOU's are not contracts. They know it, but the fans probably does not.
Received firm orders for 3.4 million engines
* Is this in addition to the 3.3 million fantasy orders that have been floating around for the last decade, or have they just added 100,000 extra fantasy orders to the pile? - Like you said, fantasy pile. Think they added another 100k for the 'wow' factor. Or they wanted to compensate for years of inflation. It's been 3.3 million engines for well over a decade now...
Received support from many investors and continue to do so - Yeah, support.They do have support, but no 'financial' support, only 'emotional' support. Go to the FB page, many "Go Moller's" going around.
* I'm sure that there are shareholders left "holding the bag" when Moller International evaporated that would dispute this.
Building a prototype of our 150cc engine to run on Hydrogen fuel
* Oh dear. Changing directions again. What happened to saving the world through biogas? - Moller 101. Change direction often. This way you always seem busy, but always have an excuse why nothing ever gets DONE. Nothing is ever finished. Always tinkering, never selling for well over 50 years now...
How do you know new patents to file
From https://freedom-motors.com/blog/wp-content/uploads/2018/03/MI-FM-Moller-Granted-US-Patents-v2.pdf -- some information on items that Freedom Motors plans to file patents on:
Patent to be Filed
“A specific combination of engine displacement, engine RPM and brake mean effective pressure (BMEP) that allows the Rotapower engine to operate on the Otto cycle while using diesel fuel”
Patent to be Filed
“A much improved fuel/air charge pathway through the rotor developed to improve cooling of the rotor and vaporization of the charge”
Patent to be Filed
“A compound version of the rotary engine where two rotors are able to function in series rather than parallel”
Patent to be Filed
“Unique one-way valve to allow the charge to flow in one direction while not allowing it to flow in the reverse direction”
Patent to be Filed
“A rotor cooling arrangement employing a phase change of a liquid that allows almost unlimited cooling of the rotor”
Patent to be Filed
“Developed a seal and rotor housing coating material combination that along with a proprietary rotor housing wear surface finish, allowed the wear surface and seal life to exceed a documented 20,000 hours”
All stuff to do with improvements to the rotary engine.
Tesla never made money and went from 20 to 300
Yes you are correct, that is their website
A sale is when the cheque is cashed
Moller.com freedom motors confirmed engine orders
They have engine orders and then they have to still test the engines jmo weird, I say
What a joke their update was. I for one am upset about the D listing. Shows no consideration for share holders. They probably want to give Mler share holders the opportunity to trade to FM because they are gonna file chapter 11 and that would decrease their liability.
In reading the latest Freedom Motors blog entry (a 2019 year-end wrap up), I can't help but take note of the things that it *doesn't* say.
* Nothing about the biogas program at Cape Breton University in Canada that was the subject of so much of their publicity in 2018.
* Not a word about the revoking of Moller International's shares.
* Nothing about the strategic partnerships with Stratus Environmental and Alturair (announced December 8, 2018, and then never referred to again).
* No further reference to the "software problem" that eliminated all comments on the blog.
* No indication of what benefit (if any, apart from the ability to stay in business) resulted from the $107,000 harvested from the StartEngine crowdfinding in late 2018.
* No further information about their (revived) partnership with Alife Air Automobiles of Singapore, and no verifiable proof that Alife still even exists.
Okay, what do they say that they did?
"We have accomplished a lot this year and we will continue to do so next year. We truly believe year 2020 will be the year of continued success and many accomplishments. A summary of accomplishments in 2019 follows…"
Signed MOU’s with many partners and formed incredible partnerships
* No specifics of what was signed with which partners, and MOUs aren't binding in any case.
Received firm orders for 3.4 million engines
* Is this in addition to the 3.3 million fantasy orders that have been floating around for the last decade, or have they just added 100,000 extra fantasy orders to the pile?
Received support from many investors and continue to do so
* I'm sure that there are shareholders left "holding the bag" when Moller International evaporated that would dispute this.
Building a prototype of our 150cc engine to run on Hydrogen fuel
* Oh dear. Changing directions again. What happened to saving the world through biogas?
It sounds to me like 2019 was a lot like like 2018 and 2017 for Freedom Motors (2019 was *certainly* a different kind of year for Moller International!), and I figure on more of the same for 2020.
How much does moller make off the engine, seems different, does it apply to us
3.4 million engine firm orders. Look at freedom motors news
The FORCE is strong with this one......
I am sure freedom goes public and we make$$$$$ with moller shares converted into freedom
Maybe we get a big contract government
I’m assuming the absence of your response from the 2nd part of my question means there is not a plan for the continuation of Mler in the event of Dr. Moller’s passing
Freedom motors could go to the moon
They could do a r m and freedom motors things could happen
dcsastry, once again, MLER stock was revoked;
It will never trade again, cannot be sold, or made a market for (i.e. exchanged or converted).
There is no value and any reincarnation of the company would not include past shareholders.
Good luck.
Sorry I should have been more clear in my post!
I am electing to retain my shares until I see the FM conversion price that is determined by the board and approved by the SEC. I don't want to sell or give them away to anyone before that time.
Why are you electing to retain your shares instead of trading them in for FM stock? I hope DR Moller understands he needs to keep a social media presence in today’s time if he wants to attract future investors or keep the ones he has.
In the event of Dr. Moller passing, what will happen with the Mler company, now a private company? Are there arrangements in place to have someone take over or will it just disappear, like my entire investment. Which is basically gone anyway at this point. I see ch. 11 in the near future for Mler and the creation of a new flying Moller company, that’s if any actually revenue is produced out of FM.
Hi Everyone,
Sorry I haven't posted in a long time, and of course I have not been blogging at all on the FM website. As some of you already guessed, I am not as engaged as I was previously with FM or MI. You should know I am still working on behalf of FM, but I have also taken on additional work with a company in the semicon industry. In addition I had some personal health issues from May through July, but I have fully recovered.
I was as sad as everyone that MLER got de-listed, but I guess it was inevitable. We did work to comply with SEC requests to keep MLER from being de-listed, but in the end MI didn't have the financial resources or the personnel needed to meet all the SEC deadlines and requirements. So effectively, MI is now a private corporation. If you own MLER stock, Dr. Moller is working on a program to exchange MI for FM stock if so desired. I am personally keeping my 1.2 million shares.
Freedom Motors is currently working on three collaborative projects using the Rotapower engine. Hopefully FM can share more about these projects in the future, but as of now they are under NDAs.
FM is also still working with the Canadian company to build a biogas generator, but unfortunately they have been focused on other alternative energy projects since the beginning of the year. Two weeks ago FM started to help them with getting their first prototype running on natural gas as a precursor to running on biogas. So they are making progress, but they are the ones setting the pace. We offered to buy back the engine from them, but they are committed to completing the prototype.
Our CEO, Dr. Paluru, has been working hard on fundraising for FM - he has managed to raise several small investments to keep the company funded through this year, but he is actively working on closing a much larger investment deal that will allow FM to jump-start manufacturing prototypes here in the US as well as start the development of volume manufacturing in India. More information on all this should be included in the December newsletter.
So for now, please don't expect any more communication beyond just the newsletter, but please know that I am still very much involved. Dr. Moller writes the newsletter, but I am the one who proofs and sends it out.
If you have questions, you can leave me a message here, or even better, send me email: david@freedom-motors.com
Best Regards,
Dave
I agree that just the decline in blog posts by itself doesn't mean that much.
But combine that with the fact that *nothing* from Moller/Freedom Motors has mentioned David since July (recall that for the past two years, he has largely been the public face of the company), and it strongly suggests that he has reduced his involvement.
Two years ago, I predicted that David's "arc" with Moller/Freedom Motors would match that of many others (Zack, Ed De Reyes, even Jeff!) -- Initial enthusiasm, followed by gradual disillusionment as the nature of the company came clear, and ending with departure. We seem to have witnessed that arc over the past two years.
If David parted ways with MI/FM, then another reason for "but this time is different" has gone out the window.
On the other hand, the decline in blog posts can also just be due to the lack of anything to report on...although, in the past, Moller would release monthly newsletters full of nothing covered with 'we are making progress' like statements and fanboy investors would be giddy with joy. By now they should know their audience. Baffle them with BS and they are happy as can be.
They did lose a mighty disciple in Jeff. He would keep conversations going for weeks based on the absurd conclusions he made from the newsletter.
Another reason for the lack of blog posts could be that it is perhaps pointless to waste energy on something only three people will read. And of that three people, two, perhaps are critical of the company.
An interesting question - is the Freedom Motors blog going the way of the dodo?
Postings have certainly slowed down. There have only been ten posts in the last nine months, and the only posts since the end of July have been to prompt people to look at the Freedom Motors newsletter. The most recent newsletter didn't even generate a post in the blog.
So it sounds like the blog is dying out. Another interesting question is whether David's involvement in Freedom Motors/Moller International is going with it, or is perhaps already gone. David hasn't been mentioned in any communication from Freedom/Moller since the end of July, and the reminders of updates to the blog that used to be sent in his name are no longer being sent. Any communication to people on the mailing list is now from Paul.
Circumstantial evidence, at a minumum, suggests that David has either reduced his involvement, or has gone away entirely.
TRUSTUNITS1000000, sorry to hear that. Your investment is gone. EOM
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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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