A Piece of Aviation History For Sale:  Moller International’s M200X As A Collector’s Item

Moller International (OTC-BB:  MLER) is offering its M200X for sale.  The M200X volantor[1] was the first VTOL aircraft of its kind (flying car) to fly successfully and did so repeatedly during the 1980’s.  The most important flight occurred on May 10, 1989 in front of the local, national and international press.  This flight, shown on our website at http://www.moller.com/videom200x.htm, resulted in subsequent articles in Forbes, Discover, Popular Mechanics, USA Today and Esquire as well as TV appearances on Good Morning America, The History Channel, 60 Minutes, numerous times on The Discovery Channel and on the evening news with Peter Jennings.

The M200X was the first flying car type vehicle to successfully demonstrate that it was possible to hover and maneuver a personal VTOL aircraft by someone with virtually no pilot training.

The key to the ease with which the M200X could be flown was the use of a number of unique engines controlled by a central electronic computer and sensor module.  The engines received computer commands every few milliseconds that told each engine what to do to keep the M200X stable no matter what environment it was operating in.

The Smithsonian Institute had expressed interest in preserving earlier prototypes that we developed but we felt that our vehicles prior to the M200X were not a significant enough technological advancement to be worthy of being put on display.  However the M200X was a very significant breakthrough made possible by the creation of a totally new type of engine and artificial stability system.  We expect that the historical value of this original prototype will increase substantially as production models of the M200 series go on sale.  The M200X was very easy to fly, totally free of vibration and gave a true magic carpet ride sensation for those who flew it.

“The purchaser will be acquiring a piece of aviation history that is absolutely unique,” the Company’s President, Paul Moller said.  “Its development is viewed as the genesis of the Neuera and Firefly models going into production now and planned for sale in mid 2009.”

The M200X is in perfect condition and in the same configuration as it flew during its international press flight.

How to participate in the Auction

The Skycar prototype will be offered through a “Private Auction” hosted by Ebay. In order to ensure that bids are valid, all bidders must provide credit information prior to posting a bid. Credit approvals may be requested by contacting Moller International and providing the appropriate information. Alternatively, you may provide Moller International with an irrevocable Letter of Credit issued by a major US bank prior to the start of the auction.

Foreign sale of the M200X prototype may be subject to approval under ITAR.  If you intend delivery outside of the US, please contact us prior to bidding.

Conditions of Auction

Moller International reserves the right to obtain and verify the registered information of all users who bid on this auction; cancel any and all bids at our discretion, or end the auction early if necessary.

Shipping & Delivery

All shipping charges are buyer's responsibility. Moller International will help with shipping arrangements but will not be responsible in any way for claims arising from shipping damage! Licensed Carriers are generally insured for $3,000,000.00. We assume no responsibility for damages incurred after the vehicle leaves our facility. Moller International as a courtesy will coordinate all shipping arrangements if requested to do so. We are not affiliated with any carrier. Any claims or other communication regarding shipment of vehicles will be between you and the shipper, not with Moller International.

The amount of time it takes for delivery is dependent on the carrier and final destination, but is generally 7-14 days from the date the vehicle is picked up from our facility until it is delivered to a destination within the United States. The Company is not able to assist with shipping overseas.

Finalizing your Purchase

Moller International will contact the successful high bidder by phone or e-mail after the auction closes.  Successful high bidder MUST contact Moller International through e-mail address provided or by phone (530) 756-5086 within 24 hours of the auction ending to make arrangements to complete their transaction. If we cannot confirm your intention to buy or the sale is not completed within 5 days, we reserve the right to relist this vehicle or sell to any other qualified buyer.

In order to secure the winning bid on the vehicle, the successful bidder (Buyer) must within 2 days of bid closing send to Moller International a deposit in the amount of 10% by Cash or Bank Certified funds. Within 5 days of bid closing, Buyer must send balance of funds by wire transfer, cash, bank certified funds to Moller International. Wire Transfer instructions are available upon request.

At the time of sending the initial deposit, Buyer MUST fax copy of their government issued identification (drivers license, passport, or equivalent). Furthermore, before the vehicle is released for shipment to Buyer, all other sale related paperwork must be signed and returned complete to Seller.

Placing a Bid

Your bid constitutes a legally binding contract to purchase this vehicle. Please do not bid if you are not seriously interested or financially able to purchase this vehicle. Please read Ebay's User Agreement.

Bidders Age

You must be 18 years of age or older to Bid.

Special eBay Bid Retraction Rules

Please read Ebay's "Retracting a Bid". If you place a bid before the last 12-hour period of the auction you may retract that bid before that last 12-hour period but only for exceptional circumstances. You will not be allowed to retract that bid during the last 12-hour period of the auction.

If you place a bid during the last 12-hour period of the auction you will be allowed to retract the bid for exceptional circumstances but only if you do so within one hour after placing the bid.