Shareholder Information

We have reached significant milestones.

  • Raised more than $1,400,000 through April 2007.
  • Acquired a production facility that is permitted to allow plastics production.
  • Production molds are completed and we are now producing Roadster bodies.
  • Hired Gary Bolling, a highly experience plastics production manager.
  • Hired a complete crew of Plastics production employees.
  • Hired Pat Blair, NASCAR race car designer who authored the NASCAR frame designed for the American Roadster to NASCAR standards.
  • Started the production lines for the Roadster bodies, NASCAR frames and final assembly.
  • Attained a sales backlog of over $ 20,000,000.
  • Reached the landmark of being a financially viable company.

We have moved our production facility that is about 19,000 square feet of interior space. The space contains a separate area devoted to plastics production, a separate area large enough to house our Frame production line and our Final Assembly line. In addition there is office in the front of the building. We have 2.5 acres on the ground with a very large fenced and paved area for product storage.

We are poised for production, having completed the development work necessary for the ongoing production from our plant. With that news comes the additional good news that we will need to add more production facilities within a year in order to accomodate the ongoing growth and increasing production.

Gene Garvin, a Production Engineer, has designed a production line for our Eugene, OR production facility. We expect to be able to produce 100 Roadsters per month once we have the line in place and all employees trained. He is also working on the layout for one of several possible factory buildings that we are looking at acquiring. Increasing production through the help of Economic Development agencies takes 8-12 months to accomplish so we are currently working on finding and negotiating the acquisition of such sites.

Gary Bolling is managing our plastics production for the bodies and Pat Blair, a partner with Mickey Thompson's daughter in Thompson Motorsports, is managing the production of the frame, suspension and steering. As we grow, we expect to add corporate management personnel as well as production management personnel from the automotive industry.