Curtiss Motorcycle Company Inc (CMOT)

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The below was written by Curtiss leadership in response to the following questions asked on the Company's direct-to-investor offering's WeFunder profile page:

Why another CF raise? What will the $ be used for? Growth rate? When will Curtiss Motorcycles become profitable? Successes and failures since the last raise? What's different (new) this time around?
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We believe that Curtiss is significantly undervalued (approximately $7.3M in our current direct-to-investor offering). We also believe that we are in the strongest position of any company to lead the electric motorcycle revolution. The single competitor, in our opinion, is LiveWire (valued at approximately $2.1B today). Their CEO and Chairman declared that the winner would be the company that can best conjure desire in the form of the electric motorcycle. We completely agree!

For 7 years, beginning June 29, 2016, we have poured all of our passion into making the best motorcycle in the world that happens to be electric. We are confident in the result.



It is important to note that the C1 is not just the best electric motorcycle in the world, but a single architectural operating system for every Curtiss motorcycle to come. The innovation and design it took 7 years to create envisioned radical scale with world-leading efficiency from the beginning. This operating system was recently awarded US Patent No. 11,634,191.



We start with the smallest viable audience. $2.4M USD of sales in 2024 is our breakeven point; we believe we can achieve $3M+ of deliveries that first year.

Then, we grow to $5M by 2026. Deliveries of the C2 begin in 2027. We believe we can pre-sell $50M+ of these examples and handcraft them to a state as near perfect as possible (quality that would make a Rolls-Royce blush).

The reason we need additional liquidity is because we missed our original timeline by approximately 2 years. This was caused by the insolvency of what had been a stellar Tier 1 vendor for Curtiss throughout the design process. It was their failure to deliver our proprietary battery cell structure that caused the delay.

Now, we have pre-production batteries en route.



With the successful close of our direct-to-investor offering, Curtiss is ready to begin earning sustainable growing net cash flow from 2024. This means you will own the only profitable EV maker in the world, except for Tesla.