Moller International (fka MLER)

[rakindjo]

Someone is pumping and planning to dump(LOL)Someone keeps removing the research that I have posted several times (Posts #372, 373,374, and 385). Wonder why? Here it goes again, reasons why we should all be cautious:

FAILURE TO DELIVER FROM PAST INVESTMENTS
-Past Investments into Company and Still No Flying Car:
http://www.davisenterprise.com/local-news/moller-signs-agreement-to-advance-skycar-development/

HISTORY OF BROKEN PROMISES
-Freedom Motors trying to “Go Public” with copy of SEC Filing in the past and the same claim that the company will be selling a lot of motors overseas for large sums of $$$. Same claims made in the past similar to this new claim:
http://www.sec.gov/Archives/edgar/vprr/12/9999999997-12-012590
http://www.freedom-motors.com/index.php?option=com_content&view=article&id=125%3Aletter-from-the-president-vol-10-issue-2&catid=1%3Alatest-news&Itemid=55

TOO MUCH DEBT: Debt to Income too Risky
See ITEM 2 – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS of most recent 10K:
http://quote.morningstar.com/stock-filing/Quarterly-Report/2014/12/31/t.aspx?t=PINX:MLER&ft=10-Q&d=29cc832e3de0c2f75436420dca126e20
They state the following:
“As of December 31, 2014, MI had an accumulated deficit of $55,364,885 and a working capital deficit of $14,217,464. In addition, MI is currently in the development stage of the Skycar and Rotapower engine programs, and has no revenue producing products. Successful completion of product development activities for either or both of these programs will require significant additional sources of capital.”


Make$$$,
Rakindjo