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Seafarer Exploration SFRX
(Total Views: 316)
Posted On: 12/04/2019 9:44:53 PM
Post# of 7802
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Posted By: hedge_fun
Re: Coat Tail Rider #5404
I guess Indy 2 couldn't help raise the funds for this venture, huh? Only $156.537 average per investor.

On November 5, 2013 Moller kicked off a crowdfunding campaign with an official announcement on the Happening Now program on Fox News Channel in the US. He subsequently followed the broadcast announcement with a press release and a radio-broadcast announcement on the Coast to Coast AM radio program with host John B. Wells interviewing Moller for 2 hours.

The campaign was formulated to raise money to further develop the systems to fly the Skycar without a tether and with a pilot on-board - something that Moller had yet to accomplish with the flights that had been conducted to date with the M400X prototype vehicle. Moller launched a donation-only crowdfunding campaign - not subject to SEC scrutiny - and promised to provide gifts and other items to donors, included a ride in the M400X as the top gift of the campaign. The Moller crowdfunding campaign ended on January 4, 2014 and raised a total of US $29,429.00 from 188 funders, far short of its $950,000 goal.[28]


https://en.wikipedia.org/wiki/Moller_M400_Sky..._complaint













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