After several months of hard work by everyone at Freedom Motors, I am happy to announce that our fund-raising campaign on StartEngine is now live. Everyone now has the opportunity to share in our success as we push forward into new markets with our engine technology.
To find out more and take advantage of this time-limited campaign, please visit our funding portal through this link:
Per S.E.C. regulations, I cannot answer any questions related to this offering on this blog. If you have questions, they must be submitted on the StartEngine portal.
A few other additional news items to share with you all. Our corporate partner in Canada has received our 530cc Rotapower engine and last week they have started assembling the prototype biogas generation system. We expect that initial assembly and testing phases will take 1-2 months before it is installed at the biogas production site. After which, there will be a 3 month testing period where we monitor and collect data on the engine performance while running on the unfiltered biogas from the site. We are excited about the project and cannot wait to see how our engine performs, as well as what kinds of issues we will need to address. Our long term goal is to develop the knowledge and experience for a production version of this system.
On a bit of a sour note, I have to inform everyone that we have decided to pull out of the CleanTech OPEN this year. Our CTO adviser was unable to continue with our company, and we felt that our current business initiatives were incompatible with the Lean Launchpad methodology that was being applied to the Cohort members. There were other reasons, a major one being that we were being ask to completely disconnect from our affiliated company Moller International, which made it impractical for us to continue with the program. We learned a lot, but in the end I think we are going to have far more business opportunities going forward with our new team members.
We have a lot of exciting business initiatives in progress that we will be sharing details about in the coming weeks, so watch the blog for new updates!
Best Regards – Dave