FREEDOM MOTORS INC

Regulation Crowdfunding campaign information and financial data from SEC filings


Profile

According to their SEC filings, FREEDOM MOTORS INC is a Corporation organized in NV on 04-16-1997. They report having 11.00 employees, and revenue in their most recent fiscal year of $3,150 and $0 the prior year.

Description:
Based upon the ingenious design of German engineer Felix Wankel, Freedom Motors has obtained exclusive rights for manufacturing of this engine from Moller International. With over 40 years of research in this technology, Freedom Motors can now sell the...
Website:
www.freedom-motors.com
Location:
1855 NORTH FIRST ST.
SUITE B
DIXON, CA 95620

Equity Crowdfunding Campaigns

Active Offering

FREEDOM MOTORS INC is currently raising a target of $9,999 (and up to $107,000) of Common Stock via StartEngine before a deadline of 01-04-2019.

Intermediary compensation

According to the SEC filings, StartEngine will be directly compensated as follows for this offering:

"6 percent"

In addition to any direct compensation, FREEDOM MOTORS INC reports that StartEngine will also receive the following financial interest in the offering:

"N/A"

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken from SEC filings.

Income Statement Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Revenue $3,150 $0 N/A
Cost of Goods Sold $0 $0 N/A
Taxes Paid $0 $0 N/A
Net Income -$448,538 -$305,432 N/A

Balance Sheet Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Total Assets $192,369 $170,055 13.1%
Cash & Cash Equivalents $878 $1,060 -17.2%
Accounts Receivable $0 $0 N/A
Short-Term Debt $192,139 $0 N/A
Long-Term Debt $4,559,915 $4,252,722 7.2%

Complete Reg CF filing activity feed

  • Update Form C/A

    [ Oct-31 ] FREEDOM MOTORS INC filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999 (up to a maximum of $107,000) of Common Stock via StartEngine before a deadline of 01-04-2019. The nature of the amendment was described as follows:

    "Issuer is extending the length of their campaign by 60 days."
  • New Offering Form C

    [ Sep-4 ] FREEDOM MOTORS INC filed SEC Form C to raise a target amount of $9,999 (up to a maximum of $107,000) of Common Stock via StartEngine before a deadline of 11-05-2018.

    Description:

    "Based upon the ingenious design of German engineer Felix Wankel, Freedom Motors has obtained exclusive rights for manufacturing of this engine from Moller International. With over 40 years of research in this technology, Freedom Motors can now sell the..."