FREEDOM MOTORS INC

FREEDOM MOTORS INC logo via Clearbit

Profile

According to their SEC filings, FREEDOM MOTORS INC is a Corporation organized in NV on 04-16-1997. They report having 11 employee(s), and revenue in their most-recent fiscal year of $3,150.00 and $0.00 the prior year.

Company 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: http://www.freedom-motors.com

Twitter: Rotapower

Facebook: freedommotors1

Location

1855 NORTH FIRST ST.

SUITE B

DIXON, CA 95620

Equity Crowdfunding Campaigns

Reg CF Offering from FREEDOM MOTORS INC (Previous)

Campaign Details

According to their SEC filings, FREEDOM MOTORS INC previously ran a Regulation Crowdfunding campaign to raise $9,999.00 (up to a maximum of $106,999.50) in Common Stock via StartEngine before a deadline of 01-04-2019.

As compensation for managing the offering, StartEngine reported being compensated as follows:

6 percent

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

N/A

FREEDOM MOTORS INC filed the following progress report with the SEC at the end of their campaign:

At the close of the offering, the issuer closed on $106,359 and 71,835 number of securities.

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 directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $3,150.00 $0.00
Cost of Goods Sold $0.00 $0.00
Taxes Paid $0.00 $0.00
Net Income $-448,538.00 $-305,432.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $878.00 $1,060.00
Accounts Receivable $0.00 $0.00
Short-term Debt $192,139.00 $0.00
Long-term Debt $4,559,915.00 $4,252,722.00

Complete Reg CF filings list for FREEDOM MOTORS INC

  • [2019-01-07T13:07:36+00:00] FREEDOM MOTORS INC filed a fundraising progress report (Form C-U) with the following update: "At the close of the offering, the issuer closed on $106,359 and 71,835 number of securities."

    File number: 020-24640

  • [2018-10-31T14:25:16+00:00] FREEDOM MOTORS INC filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999.00 via StartEngine. The nature of the amendment was described as follows:

    Issuer is extending the length of their campaign by 60 days.

    File number: 020-24640

  • New Filing Form C

    [2018-09-04T15:31:13+00:00] FREEDOM MOTORS INC filed a Form C to raise a target amount of $9,999.00 (up to a maximum of $106,999.50) of Common Stock via StartEngine.

    File number: 020-24640