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  1. G

    10/23 Raptor Video

    Exactly, that was just a business decision by the new people. If we pretend this actually makes it into production. It’s going to be $300k+ kit. I imagine they will be in $10 million including getting production up and running. No one is going to put that kind of money in to sell kits near costs.
  2. G

    10/23 Raptor Video

    I wonder how the contract is written? I’m not sure a company can just nullify a contract for the heck of it.
  3. G

    10/23 Raptor Video

    Also, this was in the emails….. sure sounds like an investment. 2) 0.25% (1/4 of 1%) membership in Raptor Aircraft LLC which entitles you to share in the potential profits further down the line. You will receive a Schedule K1 each year with your share of the profit or loss. You are not...
  4. G

    10/23 Raptor Video

    Yeah, I worded that incorrectly. He can’t sell shares. But, a LLC can sell percentage ownership. He would send out emails offering to move people up to the front of the line if they would release their escrow with an additional $18k ($20k total). They were guaranteed a set price.
  5. G

    10/23 Raptor Video

    He sold $2-3 million worth of shares to people if I remember correctly. They even started a gofundme for him at one point because he was talking about doing some IT work to get some money.
  6. G

    Raptor Composite Aircraft

    The problem is all the pieces and parts are going to cost that. He has already stated he doesn't know much about getting the kits produced. So, best case scenario is the thing flies perfect, he gets the redesign done with reduced weight with the $2.5 million escrows and some investor(s) comes...
  7. G

    Raptor Composite Aircraft

    Test pilots......
  8. G

    Raptor Composite Aircraft

    Outside of the guys that locked in their price by putting down $20k. You had the first bunch that put $3000 in escrow and the 2nd wave that had to put $2000 into escrow. Once this thing flies, he will request to have the escrows released. You don't have to pay more until they get to your...
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