I just bought this airplane in New Zealand for peanuts, trailer included. It's a homebuilt and apparantly also a prototype. No documentation and no idea of the designer/builder. The rego on the tail is fake, never been registered. The engine is a Rotax 447 with low hours. Needs ASI, compass, paint, wing skin repairs and a good cleanup. ID plate says it's a "Rainbow Chaser" S/N 001 built in 2005 Should look nice in my garage.