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Keep going, always fun to watch people standing on the sidelines screaming it is impossible and can’t be done, give up, while it is busily being done, I do not care to argue with you since you have made up your mind nothing is ever going to change that as you look for “confirmation bias” events. And you can throw rocks at me and say I have my head in the sand BUT I work at watching changing conditions AND sold all my stock at one point till things changed OH and FM just added one more adviser who is HIGHLY accomplished that you can now "Poo Poo and disregard
PS I case you have forgotten Moller did build a car that flies from scratch
The important thing to remember is every day is a new day. just because a stock (company) did well or poorly yesterday does not mean it will today. First rule of investing take each day on its own merit
Dr Moller is selling to fund advertising which is different then what the start engine campaign money is to be used for
And your response is predictable
Different company, different product, different goals
Where do I start? At this point shares are tightly held, so few are for sale cheap... FM is working to get funding to start building "IF" successful 5-30% of FM income goes to Mi .. Do you know who FM is?
Stock will be a leading indicator, yes FM said they would get set first before staring to repay Mi, But, If this looks like it is going well the stock price will climb long before they are well entrenched in which EVER market
Right you are, there are some who will own a Mil + of MI but will not buy any FM saying as u have, MI is a "Better deal"
That being said these are two different markets with different kind (Risk tolerant) investors
BUT, MI investors know, No FM, No Mi so...
If you want to read the "crowdfunding" info here is the link
https://www.startengine.com/freedom-motors
Regardless, there are no motors to sell, ether they are what they have been billed as or not. We should start getting outside confirmation after the first of the year (Ish) if not then all Moller is worthless, if they are million plus value
As per DAVID they have requests to buy the motor every few weeks... question is, will it perform as advertised? If not ALL of Moller is worthless it all rides on this motor. "IF" it performs the chance VC will find its way here greatly increase (IMHO) since it will be a new market
Unless a VC ponies up, Jan (Ish) time frame that is when the FM Gen set "Should" be in the hands of the end user = if it then performs as hoped /should. the market will then should notice a new player
Nope, not until the motor gen set gets to the end user and we get some positive feed back
Your "fan boys" must never post since the FB page is loaded with some VERY unhappy folks.
And most see what could be since electric is just not going to get cars very far. But then again you see what you want as in the "Neuera and m400 hang by a tether" when it is clear it is a safety line (which was required by the insurance companies)
I do not think I have EVER seen a post where ANYONE is happy with Dr Moller being the CEO so not sure where you get that idea.
But then again you seem to believe that nothing will ever come of Moller YET you seem have lots of time to stop by here and post, I gave up on some stocks years ago and have never gone back and posted one would think you could move on ... NOT that i want you to, I wish you would look at what could be ( with DAVID on point) rather then what has been. I think you could add a lot to this board. Few are happy with where Moller had been there are reasons behind all your points for false starts and the Dr being overly optimistic
Well we agree on one thing, pumper / day trader
If you keep up with the blogs, there a motor being worked on to be a gen set right now. Already "sold" if you would. And yes they have almost NO money to work with (lots of blame there but old news)
The motor is the key to the flying car, ALL flying cars until the laws of energy are changed and Electric is viable
That being said they are focused wholly on the motor and gen set now
I seem to remember reading someplace David said Dr Moller was going to focus on Engineering stuff since DAVID is doing info
They have held back to best improvements on the motors, which really is the key
I trust David. Things change there "where" a lot of things (possible funding options Chinese investment etc) none of those panned out. So nothing to talk about. AND with the blog one will get a good idea of what is happening (The posts under it also give good insight) have a question? Dave has answered mine there
No he said the PCS was funding was "still open, but they are not waiting on that" AND the ICO was pretty much off the table as it had become somewhat complex and try would rather finish the Reg A (when time permitted) the shareholder meeting, well when the "Boss" has the controlling interests guess he can pretty much do what he likes (And it really would be a waste of time and money, nothing new to report
True, but it would seem their would be few investors who do not follow this closely or have just given up. Paul did say if anyone has questions email him . Head of Apple won't be saying that. Anyone how has done a few mins of research will know MI has PLENTY of issues, so buyer beware / high risk high reward
Shareholder meeting (from the blog)
Dr Moller did not hold a shareholder meeting as nothing has changed and he did not want to waste time and money of all parties in having one (paraphrased) anyone with an questions should contact him by email
Dead ? How convenient, then again Ed crashed an aircraft just to get out of working with Mi, Humm maybe there is always a back story the POS just does not know
You miss the point. A person who is accomplished and could do anything in his retirement is choosing to work at Mi/Fm. Not a new a new Collage grad who has no life experience. You can throw rocks all you want, but he is investing his time and energy here, AND he has experience in this field.
Can he right this ship? Who knows. but it would seem there is one more quality guy who should know now at Mi/Fm working to AND is NOT getting paid a 100k to do it, that adds weight to "Something is going on here" narrative
His time, his life to spend as he see fit, and seems VERY accomplished. so, he must see something worth his time.
New staff
I’ve proud to announce the newest member of the Freedom Motors management team.
Dr. Subhash Paluru recently retired from government service and has joined Freedom Motors as the Executive Director of Business Development. He brings his extensive knowledge and experience in the energy industry to help us develop new market & investment opportunities for the company. You can follow these new market initiatives on the Freedom Motors website.
Dr. Paluru has over two decades of experience in the utility industry with extensive knowledge and expertise in Power Systems Engineering, Power Operations, Power Marketing, SCADA Operations, Information Technology, Substation Automation, Reliability Compliance, Physical and Cyber Security.
Dr. Paluru is a former Department of Energy Senior Executive. Most recently he was the Senior VP and Regional Manager for the Sierra Nevada Region of the Western Area Power Administration in Northern California. He has also served in several leadership roles in Information Technology, Power Operations, Critical Infrastructure, Reliability Compliance, Physical and Cyber Security. Dr. Paluru has also advised several large utilities in the area of Technology and Innovation in the power industry for improving the operation and modernization of North America’s power transmission grid.
Dr. Paluru holds a PhD in Physics in the field of high temperature superconductors and its applications.
Join me in welcoming Dr. Paluru to our team!
– Dave
Author David Sastry
I would "guess" stock options. He was " one of us" long term share holder waiting and hoping the Dr would get his act together when he made his fortune and retired, He is now doing what Many wished they could have done He has stated MI has no money... I hope he is getting options since he has really helped get MI focused again and he is worth what he would get..
They are working both tracks, but if you have followed this you know DAVID is the main one working the funding issue, (grants, proposals by MI has NO cash and FM is needed to fund if DAVID made his fortune in Bit coin, retired and now works for MI, (as of last check in was on a personal trip to Tx)
Read the FM blog it is the best way to keep updated weekly.... ICO was pretty much shelves too many FCC issues coming up with everyone rushing to "cash in" (as I understand it) the focuses has returned to the Reg A which gets delayed every time a VC group shows up at MI HQ DAVID has been working on funding grants etc which also take time away ... all good issues to have one VC group has been to MI 3x taking over issues
Check the FM blog all the PAT are listed
No I am a risk reward person, FM is the game changer OR I would not have bought back on
All weak hands have been shaken out ..oh about a year ago only the die hard true believers are really left
Truth, "IF" they can get FM started with this market of sour gas, prove the motor every small motor will be replaced with it... AND MI is the only flying car maker who is using a motor that is not on a VERY limited battery or has the low power to weight issues of piston motors Billion is the potential her ...Potential
If your going to do DD you need to add FM to what you are looking at, if you have not then you have not done any DD
So you are saying Moller pinned his dreams on a motor that does not work, fairly larger claims ... how many PATs have you filed from the motors you took apart and redesigned ?
Right you are, at least 40 (maybe more), BUT they are ALL trying to get enough to power out of a battery or old fashioned piston motors, that is where the problem is. The laws of energy won't change because they are standing in the way of 40 + craft getting enough power for more then a 20 min one (small) person flight or just a helicopter. If not for FM, Moller would just be one more in a crowd, his power plant is the game changer. He also seems to have a new focus on getting a things completed. Maybe it is his age or having all his funding run out. AND remember the first rule of stocks, .....Past Performance Is No Guarantee of Future Results
So you know what is going on at Moller. Are you the janitor? Calling my Mom and Dad names ( who are both dead) makes you what? 12 years old?
ROFL, nothing like being insulted in "Old" English. Tell ya what, I hope you forget the past and look at what MI is becoming, since past performance is no guarantee of future performance. Read the blog see what is going on, then go buy some shares, when they sell some motors and finish the Neuera we can celebrate at Mi HQ with a "few" Pints
They have stated in the past the Neuera flight will be finished once funds for finishing it are available. The Blog updates anything of interest (as in the weeds as even cleaning up the offices) the ICO is off, the Reg A is on, but is put on the back burner to meet with VC and interested parties (seems mostly from Asia) which there seems to be a lot of. All Effort is being placed on FM which will in-turn find the MI (Neuera) now u are up to date without having to read all the back blogs
How true, always easy to stand on the sidelines and throw rocks, would be different if they were peers or someone who EVER accomplished even one thing. Somethings never change
You have no idea what you are talking about and are making wild claims, no car was sold on eBay (but it was offered as a method to fund finishing the Neurea) If you bothered to take the time to check you would find the PR is really and so are the backers. You claim of Moller going bankrupt is your personal fact less opinion Please stay on topic