InvestorsHub Logo

j5mith

03/22/18 12:05 PM

#1044 RE: Greenpower1 #1043

Moller and Freedom Motors have had products coming out "next year" for more than forty years. Check out http://www.downside.com/scams/moller/

It's dated October 1974. It features a craft that is essentially the Neuera. And it's supposed to be in full production as of December 31, 1976.

The actual timeline for this craft -- it made its first flight in 1989 (and Paul apparently stated that he felt lucky to be alive afterwards). If flew about 200 times -- all brief hovers. I don't know when it last flew, but during the time that I have been following Moller (since 2003 or so), they haven't flown anything.

Recently, Moller and Freedom Motors have been a fair amount more open, with David Sastry being involved and more information being available. That's a good thing, but I think that they have a long way to go before they are in any way credible. David apparently realizes this, to his credit, and seems to be working hard to try and burnish their profile. However, when your corporate plan is apparently based on things like ICOs (2018's "big deal", already abandoned only three months into the year) and the so-called PSC deal, credibility is not going to be an easy sell.