Subscribe Past Issues RSS Translate View this email in your browser Moller International / Freedom Motors December 2017 Newsletter To: All Newsletter Subscribers From: Paul S. Moller MOLLER INTERNATIONAL The Discovery Channel recently broadcast an interview with me on the show Daily Planet. (We received permission to share this interview with newsletter subscribers, and it can be viewed here. Please do not share this on social media or we may be forced to take down the video). I agreed to this interview only because of its emphasis on the Rotapower® engine's ability to use anaerobically generated (man-made) biogas. Moller International gets an enormous number of requests from various world wide news agencies to do a story on the Skycar®. However, until Freedom Motors has the Rotapower® engine in at least limited production, MI is not interested in promoting the Skycar® further. It only brings additional interest in the Skycar® from the general public, and they also question why MI has not yet produced it. Progress on the Skycar® slowed dramatically when MI registered as a public company in 2002. Normally, investors and MI enthusiasts would have expected the opposite to be true. So how did this happen? To answer this question, you can head over to this website that was put together by a group of MI shareholders in 2003. It explains how a junior attorney at the SEC essentially stopped the Skycar® production from going forward as a way to further his own career. We ask that the public please visit this website and review the history of this detrimental event before posting misguided and misinformed comments about MI on social media. FREEDOM MOTORS We are very pleased to announce that David Sastry has joined FM to become our Chief Information Officer. David has many years of experience as a senior engineer at companies like Intel Corporation, Freescale Semiconductor Inc, and Marvell Semiconductors Inc. More recently he has been a Principle Engineering Consultant for Infosys in their IoT Practice in Sacramento, CA. David holds BSc and MSc degrees from Ohio State University in electrical engineering, with an emphasis on computer architecture and digital design. He will be responsible for Freedom Motors and Moller International IT systems, managing our social media presence, and assisting in future business development. He developed the current FM and MI websites two years ago and has been maintaining them for us since. David has considerable experience in cryptocurrencies (Bitcoin and it's many siblings) and feels strongly that Freedom Motors is an ideal candidate to undertake an Initial Coin Offering (ICO, aka a cryptocurrency token crowdsale) as opposed to an IPO. Far more ICOs have been funded in November than IPOs, and in 2017 $1.5 billion USD in funding have been generated so far in ICOs. Because cryptocurrency ICOs are a relatively new fundraising mechanism, I have included some references below and encourage you to do your own research. What Initial Coin Offerings Are, and Why VC Firms Care - Harvard Business Review Can you trust crypto-token crowdfunding? - TechCrunch Investment Guide To 'Crypto' Coin Offerings Rating Blockchain Startups - Forbes David Sastry will be spearheading the ICO for Freedom Motors, and the groundwork is already coming together. You should see detailed business plans released within the next few weeks, as well David requesting additional help in the ICO from the MI/FM community of enthusiasts. The current plan is to launch the first phase of the ICO (generally a token pre-sale) sometime in January. The main goal of the ICO will be to raise funds (minimum goal of $10 million USD) to start limited engine manufacturing for the biogas generators, as well as complete the FAA certification process for the Neuera. If the ICO proceeds smoothly, David and I believe that we can complete the Neuera and Firefly flight certification and our "Before-the-Press" test flights within the first half of 2018. Other Business Developments The final whitepaper outlining the business opportunities available using the Rotapower® engine's ability to burn untreated methane, and thus mitigate it's effect on global warming, is complete. This paper can be downloaded from here. The latest report from JV partner Power Source Creations (PSC) remains very positive, but the uncertainty of the timing in the JV funding also remains. Therefore, we will be pressing forward with the ICO, with an IPO remaining as a potential option. Freedom Motors is also working with two potential business candidates to exploit the Rotapower® biogas opportunity. Please feel free to call me at +1 (530) 760-7177 to discuss anything in this Newsletter where you would like more detail. My e-mail is paul@freedom-motors.com Please visit www.moller.com and www.freedom-motors.com "SAFE HARBOR" Statement: This message may contain forward-looking statements. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Please be advised that the actual financial condition, operating results, and business performance may differ materially from that projected or estimated by the company in forward-looking statements The words "estimate", "possible", “likely” and "seeking", and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks. Skycar® and Rotapower® are trademarks of Moller International and/or Freedom Motors in the USA and other countries. All other trademarks are the property of their respective owners. Copyright © *2017* *Moller International* *Freedom Motors*, All rights reserved. Our mailing address is: Moller International Freedom Motors 1855 N 1st St. Suite B&C Dixon, CA 95620 (530) 756-5086 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list