New shareholder opportunity

Hello Everyone,

I apologize if you missed out on the opportunity to purchase Freedom Motors common stock through our Regulation CrowdFunding on StartEngine.  Our campaign was limited to a maximum raise of $107,000, per SEC rules.  However, a new opportunity to own our common stock has now emerged.

A large FM stockholder must liquidate its stock ownership and has asked us to help. The shares are being offered at $0.975 per share, which is a 35% discount from the StartEngine RegCF offering at $1.50 per share.  Because this is a private sale, the minimum share purchase is 2,000 shares which will be transferred to the new owners via our stock transfer agency.

For further details, please contact me directly at david@freedom-motors.com or call (916) 205-8030.

Regards,
Davd Sastry

Author: David Sastry

David has two decades of experience as a senior engineer at Intel Corporation, Freescale and Marvell Semiconductors. Before joining Freedom Motors he was a Principle Consultant for Infosys in their IoT Practice. David holds BS and MS degrees from Ohio State University in electrical engineering, with an emphasis on computer architecture and digital design. David is responsible for Freedom Motors' IT systems, social media outreach, managing corporate operations and contributing to business development.

18 thoughts on “New shareholder opportunity”

      1. MLER is the stock symbol for Moller International, which is a publicly traded company. Freedom Motors, Inc. is a privately held company that was a spin-off division from Moller International (incorporated in 1997). Freedom Motors common stock is currently not publicly traded.

  1. It seems it would be easer to move the stock , that does not further FM to production if there was an update on how the FM motor being tested in Canada was performing as Dr Moller says it would …

    1. Yes, I am waiting for an on the biogas generator prototype. Our Canadian partner’s chief engineer is currently travelling outside the country, I’m just waiting for his update on the project.

      We have also started working on landfill gas generator project which we announced in December with another partner here in Northern California. We got preliminary approval from El Dorado county and now we are writing up the project proposal.

      1. Do you hope to get more of these test projects going as well? Landfills, large animal farms, refineries, (are there others?); sour gas comes from multiple sources and thus each gas has a different molecular structure, as I understand it. Does that mean if we are successful in penetrating each of these industries, the specs on our motors will be unique to those industries? It’s not a one size fits all scenario? The Canadian project is what – biogas from feedlots? or what? Thanks.

      2. Also, that December announcement concerning your partner in CA states the Canadian project will be operational in January, 2019. Might want to update, if able, to reflect a later date as this is the last day of January. Or is it operational??

    1. Hello Michael,

      This is Subhash Paluru, CEO of Freedom Motors. Thank you for your question. David did an fine job in articulating the difference between MLER and FM. While MLER is a publicly traded company with its core business interest in UAVs and PAVs, FM on the other hand focuses on Engines and its related products.

      The success of MLER totally depends upon how successful FM is. FM has exclusive rights from MLER to advance the technology of our engines and also non-exclusive rights to partner with MLER to produce the PAVs and UAVs.

      With this strategy, I reckon that once we have established FM in manufacturing and developing products from our engines, we see MLER taking off based on FMs success.

      Hope I gave you enough information for your question.

      Sincerely,
      Subhash

    2. Moller International is currently idle as it is without operating capital. The current objective is to get Freedom Motors into production to meet customer demand. Once Freedom Motors is successful, it will be possible to restart MI.

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