november 16, 2013 - moller international · opening business – bruce calkins corporate report –...

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Page 1: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

November 16, 2013

Page 2: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Opening Business – Bruce Calkins Corporate Report – Paul Moller

Background Moller International Activities in 2013 Freedom Motors Activities in 2013 Funding Options Underway Goals for MI and FM in 2014

Q & A Election of Board of Directors Adjourn Open House

Snack

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Page 3: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

The 2013 Annual shareholders meetings of Moller International and Freedom Motors, corporations operating and existing under the laws of the State of California and Nevada, respectively, are called to order today at 10:00 am, November 16, 2013.

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Page 4: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

From observation it is determined that there is a quorum of shareholders present.

First order of business: Reading of the minutes from last year’s meeting. Request to waive the reading of the minutes. Second: Vote:

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Page 5: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Attending for the first time? Moller International and Freedom Motors

shareholders? Moller only? Freedom only?

How did you hear of this meeting? From an Email sent directly to you? From a postcard sent to you by US Mail? From the Moller International web site? From a news service, on-line or print?

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Page 6: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

For all attending, I would like to point out the common interests of Moller International and Freedom Motors, a Nevada Corporation, that is charged with the production of the Rotapower engine.

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Page 7: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Corporate Management

Dr. Paul MollerPresident, Moller International (MI)Chairman of the Board, Freedom Motors (FM)Acting President, EcoRotary, Inc. (FM licensee & partner)

Dr. Jim ToresonPresident, Freedom MotorsChairman of the Board, Moller InternationalChairman of the Board, EcoRotary, Inc.

Page 8: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Key Staff Members

Bruce Calkins General Manager, MI & FMRobert Churchill Controller, MI & FMHassan Raza Bookkeeper, MI &FMGeorge Stevens Lead Engineer, MILance Fung Aeronautical Engineer, MIEd De Reyes Test Pilot, FAA Liaison

Mike Griffith Chief Engineer, EcoRotaryJeff Conover Chief Financial Officer, EcoRotary

(selected)Garland Gaston Engineering Manager, EcoRotary

(selected)

Page 9: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

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Owners & AssociatesMI

Olde Monmouth Christensen Law Group

IPxLawAviva

Malone-Bailey, LLP

Resource Accords

FM

ClearTrust

605 Identified* Shareholders

639 Shareholders

Federal Filings

Space Sciences

EuroFlight BV The Netherlands

BMA Securities

Rotapower Ltd. United Kingdom

Infinite Dream Technology South Africa

Bayazit Turkey

Shanley International China

*Cede & Co holds shares for multiple shareholders

Skycar, SA Brazil – El Salvador – Venezuela

Page 10: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Paul S. Moller President, Moller International Chairman of the Board, Freedom Motors Acting President, EcoRotary, Inc.

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Corporate Report

Page 11: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Rotapower engine key to Skycar and related aircraft technology

The Rotapower engine develops a life of its own

In 1997 Moller International (MI) exclusively licensed manufacturing of its Rotapower engine to Freedom Motors (FM) for all applications except aircraft and ducted fans

FM found manufacturing climate in California poor and sought to license production of the basic Rotapower engine elsewhere

EcoRotary, Inc. license and partnership evolves from this effort

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Page 12: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

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Moller International

Freedom Motors

30% of sub-license revenue & 5% royalty on

engine sales

Exclusive license for all non-aviation

Rotapower engines

EcoRotary Inc.

Exclusive sub-license for basic Rotapower engine

$7.5 million sub-license fee & majority ownership

Develops Compound Rotary Engine (CRE)

Manufacturing Basic Engine

Joint Venture Skycar Production

Skycar Distribution Rights

Supplies Engine Components Supplies Engine Components

Regulation A Stock Offering

Moller International’s Evolving Business Relationships

Page 13: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Business support for Freedom Motors as it licensed EcoRotary, Inc.

Liaised with the FAA to have certain models of the Skycar and Neuera classified under a subcategory of Power-Lift with more simplified rules.

Developed Skycar models that could met these Powered-Lift category requirements

Undertook engine development specifically for the Skycar and achieved output of over 3 hp/lb.

Sought a Joint Venture partner to help put the Skycar into production

Obtained legal opinion of legality to explore our IP outside of the US.

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Page 14: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Prepared to make a SEC Regulation A offering of its stock Completed responses to questions raised by the SEC

Goal was to have this offering to become effective concurrent with the receipt of funding for EcoRotary, Inc.

Expect offering to become effective before year-end

Acquired letters of intent and conditional orders for over 3.5 million basic engines (~ $5 billion in potential sales)

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Page 15: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Investment consultant and “Excel Monkey” are preparing a “pitch deck” for identified investor in Freedom Motors.

Artificial Life Sources Holdings (ALIFE) has proposed an LOI for over 1 million engines: Initially for motorcycles To be followed by engines for hybrid cars Has MOU in process to provide $500,000 for

integration of FM engines into its products

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Page 16: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Investment group, Skyport, LLC, is planning to fund “proof of concept” phase of Skycar production Has provided over $500,000 in funds Has hired a financial consultant to help create final

funding proposal Longstanding stockholder is key participant

Crowdfunding campaign underway to fund the tether-free, manned public demonstration flight

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Page 17: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

We continue to work with contacts in China: Mike Shanley, MI Director and Far East

Representative

John Gong, President of Athena Technologies

Ray Chung, President of V2V China Investment Fund Inc.

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Page 18: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Have EcoRotary begin Beta production of the basic Rotapower®

engine (200 of each model – 150cc & 450cc) Conduct a flight test the Skycar® 400 prototype (M400X) and

invite the 750+ members of the media who have requested to attend the event

Work with the FAA to establish a powered-lift “LSA-like” sub-category

Complete design of Skycar 200 and begin prototype production Provide American Space Industries (Russell Decker) with

technical assistance in his efforts to put a 1/7th scale remotely controlled model of the Skycar 400 into volume production

Fund “Proof of Concept” phase of Skycar 400 and Skycar 200 Complete Regulation A offering for FM stock

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Page 19: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

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Page 20: November 16, 2013 - Moller International · Opening Business – Bruce Calkins Corporate Report – Paul Moller Background Moller International Activities in 2013 Freedom Motors Activities

Moller International nominees: Paul Moller Faulkner White Jim Toreson Mike Shanley Hugh Power

Freedom Motors nominees: Paul Moller Jim Toreson Kerry Bryant Bill Strons

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