MLER, huge sales of rotapower emgine coming! 65M OS, low float! means dollars coming!! wake up! imho
Moller International's Licensee Is Positioned to Become a Major Supplier of Engines for the World Market
Davis, CA -- (ReleaseWire) -- 04/06/2015 -- Moller International's exclusive engine production licensee, Freedom Motors, has received letters of intent (LOI), conditional orders and firm orders for over 3.5 million Rotapower rotary engines (~ $5 billion). A substantial portion of this demand is for use in motor scooters/motorcycles where a recent market analysis by Global Industry Analysts Inc. indicated that 75 million motor scooters/motorcycles will be produced in 2015 (~ $100 billion).
The Rotapower engine (see www.freedom- motors.com) is vibration free with twice the power and one third the weight and size of the engine it is replacing, under contract, for a large motor scooter manufacturer in Singapore. Freedom Motors is in the process of becoming a public company under a Reg A stock offering that is being undertaken to help fund volume production a manufacturing facility to be located in West Sacramento, California. Volume production of Rotapower engines will not only provide Moller International with a substantial revenue source, but through economy of scale make lower cost engines available for its Skycar, Neuera and Aerobot (drones) (see www.moller.com).
About Moller International
Moller International (the "Company") was incorporated in 1983 as a continuation of its efforts to design, manufacture, and market safe, low cost, and easy to fly vertical takeoff and landing ("VTOL") aircraft called volantors. It has developed and demonstrated this technology and received sufficient feedback to be confident that volantors have an enormous number of immediate commercial, paramilitary and military applications.
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