Moller is not out of capital, they may just think they are out of capital. They are holding on so tight they may eventually loose it all. Any company that's on the stock market essentially has a bank in their back office. There are a few ways to approach this.
They could easily sell between $5000 and $10,000 worth of shares at $.0075 per share and fund a quality, broad reaching PR campaign about how they have licensed a new engine technology and listing certain technicals on the errors of the past engines and the solutions solved by the Split Power Engine. Moller already has the name and can easily capitalize on it. As the stock price rises then their capital expenditures get more efficient and cost effective. As of right now the only thing that is holding Moller back from generating capital for the company and shareholders is their loyalty to the Wankel engine, the held on design of the Skycar and the shame of chasing after it for so long. After they free themselves from these "mental" constraints, they will see that the goal is a flying car and the design of it or engine type or how much money and how long they worked on it in the past is irrelevant.
In regards to money to bring the stock current. I've seen financials of OTC companies 3 pages long that have passed muster with the filing requirements. Moller doesn't need to write a book, its all about disclosure. He is around enough people to where they can write up each quarterly filing and have an accountant sign off. In my opinion, all of it is cookie cutter, nothings been done, just change the expense numbers. At the end of the day, the last filing is the most important. Everyone knows the revenues are zero so just make sure the debt numbers either match or exceed the true numbers. Its a fresh start. Pay the accountant with stock or sell stock.
Its either this or everything is loss, for him and the shareholders. Because once Moller is delisted its not coming back. Then because of the large number of investors, it just takes one investor to lobby a personal lawsuit against himself, as some gave money as loans also, I believe. Just fighting those whether they go through or are dismissed cost money (but there is merit), . At the end of the day, it will be cheaper to scrap everything and start fresh with the Split Power Engine and a new Flying Car design.
Also it would be progressive if I took over control of the Moller shell. Moller can sit back and capitalize. This is an option also.
Shaken Not Stirred Tuesday, 08/06/19 05:34:10 PM
Re: InventionStocks post# 2093 0
Post # 2096 of 2097
Since they are outta capital, do you have the funds to bring this stock current if they agree to some sort of joint venture? I would believe they may be able to still pursue their own engine under the FM company and have a joint venture under MLER. It appears you are looking for a shell to take over which is already listed on the exchange
