Moller M200X
The Moller M200X is a two-passenger, saucer-like vehicle that utilizes small rotary engines to hover 10 feet above the ground. The Moller's top speed is approximately 50 mph.
Fast Facts:
- Inventor: Paul Moller
- Moller International has developed the vertical take-off and landing (VTOL) vehicle
- The M200X has completed 200 test flights
- Can fit 2 people
- First M200 model was built in 19891
- Price range will be approximately $90,000-$450,000
- The M200X is said to be a prelude to the M400, aka the Skycar
- In 2001, the SEC filed a civil fraud complaint against Moller International
- Hovers at 10 feet in order to avoid regulation from the FAA
Civil Fraud Complaint by the SEC
The Securities and Exchange Commission filed a formal complaint against Paul Moller's company, Moller International, for "fradulent unregistered stock."2 The complaint is related to Moller's attempt to price public stock for the company. The complaint goes on to state, "Moller International had virtually no revenue, had never sold a single Skycar, and never came close to meeting the stringent initial listing requirements for either the Nasdaq or the NYSE."2 Moller did not contest the complaint and paid a fine of $50,000.
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