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What Happened to the Flying Car Company We Filmed 3 Years Ago?
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Welcome to the Latest Talks Podcast! Here we shmooze and try to cover all kinds of interesting topics, so you can enjoy top-quality Yiddish entertainment. ------------- How to reach Abe Dats For Investment Opportunities. Head of Marketing & Investor Relations at Doroni: Email: [email protected] Website: https://Doroni.io ------------- Filmed by: TwoTone Media Edited by: Latest Talks
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community
and invested in their company.
Fundamentals
updates
the government certifications
technology actually can bring to the
market
about the financial part from their
company and about the software was
invested in the AI advancements.
>> Welcome back.
>> Thank you. Thank you. Okay, so
we're going to explain everything.
created day prototype in 2017. In 2021,
the two-seater concept,
a luxury daily driver in the air
model in 2023
is carvailable
investors. This is the car concept in
2021 actually fleet
testing and the CEO
dimension
dimension.
videos online
of 2026.
The differences
and see a model is just a model
to the market. So the details from the
updates
the updates and software from model
>> Steve thanks for coming on. I appreciate
it.
>> What is your role in the company?
>> I'm a software engineer.
>> Software engineer. So one of the four
things that we're going to update today,
one is software. Three years ago when I
was here it was just basic software. Now
I heard there's AI. What has changed in
these three years?
>> So first of all we have the companion AI
called so AI. This is like the main
system that giving you all the devices
all the navigation rules all everything
very user friendly very easy to navigate
and basically showing you everything the
same as co-pilot is actually sitting
next to you and assisting you.
>> Oh okay. So it's like your friend your
mother that helps you out.
>> Your your pilot mother. Exactly.
>> Okay. So, how does it work? What did he
do for it? And you want to show
demonstrate me how it works?
>> So, before we actually about to take
off, I'm going to turn on the app. So,
as you can see here,
>> um this is showing you the state of the
of the operation. I can beforehand see
everything related to diagnostic health
and anything I need to know and be
alerted of
>> to know my car, to know my system,
what's happening.
>> Yes. What's happening behind the thing
under the hood kind of. And then I can
like choose a a flight plan beforehand
that I set it or just like a new flight
plan. For example, here I'm just going
to to go to the this game pad here and I
can see you know I'm just going this is
like a very traffic busy area.
>> Okay. So let's say now you have your
phone on your couch for example and you
want to fly to your office or you want
to go to to navigation. So you open up
the app on your phone, you set your
route
>> point A to point B just like you do it
in your car for Google Maps. Okay.
>> Yes. And once you're ready, you can send
this command here and one you can step
and actually go inside the H1X. Let's
start.
>> So this model is called H1X.
>> Yes, this is H1X.
>> Okay.
>> So imagine we just step in. Okay. System
is booting up.
>> Boom.
>> You already have the data and everything
I set up before. You know, as I said,
AIS can sync with a calendar with things
that you already have. So, it can smart
assess you.
>> It knows your profile.
>> Knows your profile. Exactly. Exactly.
So, we're going to put in different
location. It's also going to identify
with the cell phone itself.
>> Okay. Now, it's going through the test
to see if everything is working
properly.
>> Yes.
>> Okay. This also AI or just the software?
>> This is the software here that's sitting
behind and it's checking by a very very
strict and safety checklist that going
in. And now we have the, you know, the
main app. Everything already set up we
did from the phone here. So I'm just
going to pick the destination I wanted
to do. If it's going to be the casino,
if it's going to be the May
International Airport.
>> So basically, you took all your details
from the phone and started your route
through the machine right away.
>> Correct. Yes.
>> Okay. And now you're flying already.
>> Yes. Now I'm flying.
>> It's that easy.
>> Very easy. So you can see we have the
note here. This is like the AI sitting
behind the system going reading
everything needs to know about getting
destination safely, efficiently and of
course without any hazard any safety
risks that can be for example the
forbidden areas here. This is like a
restricted aircraft that sitting next to
next to the office we cannot go above
it. So it's going to like find a way
redirect us if it's like a static one
that's always sitting there. If it's
like anyone for example, president is
about to cross 95 and we want you just
kind of go uh to not restricted area,
>> right? So if the president comes on the
area knows right away that that place is
closed down and it's going to take you
to different route. So how's the route
actually working on the sky?
>> So the route is is very simple. It's
actually taking like a straight line as
you can see here. This is like showing
you where where exactly we need to go
but also it's leading us toward the sole
AI. So I'm going to show you in a
second. It's trying to get the easiest A
to B kind of navigation, but also
redirects you for any weather system,
any navigation related to
>> what's a comes that way. Let's say if a
private jet is coming that way, how does
it does it talk to the private jet? Does
it understand that they're operating at
the same time in the same area?
>> Yes, there is a certain attitudes for
each one, a designated one for evol. So
we have also that part
>> and that's going to be all over or just
going to start on Florida.
>> It's going to be all over.
>> All over.
>> Mhm.
>> And this is going to be on a lower
altitude than I guess regular aircrafts.
>> It's going to be Yeah.
>> Oh, what has happened? Yeah.
>> Yeah. So, for example, we are Florida
very tropical climate. We have just
weather system that build up in front of
us. Some clouds, some things that
actually come in our way. We want to
make sure that is kind of not getting so
it's going to take left as you can see
here.
>> Wow. So if it's a rainy day, you're
going to try to avoid the rain.
>> Mhm.
>> And why do you try to avoid it in the
rain?
>> Um if it's like heavy rain or it's a
windy area, it's first of all, it's
taking more battery for us.
>> It's not efficient. It's also not nice
sometimes some, you know, low
turbulences or stuff. We also want to to
avoid if it's possible some things,
especially if it's standard storm area.
We have certain regulations for each one
of the weathers, but yeah, this is main
reason.
>> It's like going on the Versano bridge
and feeling the winds while you drive.
>> We gave you the the smoothest flight as
possible.
>> Yes. Oh, that's very interesting. Okay.
What else have you changed the past?
>> Many things in the the shot. Let's me
let me show you like the operation
system. As you can see here, the AI is
actually takes all live data from every
charging spot. everything you see the
small dots here it's blue by its
available locations and available spots
so if I want to fly and I have to charge
I need to know exactly before I'm
landing how many charging spot available
in that specific EV charging station so
we can see here EV have been loaded by
the AI and AI can build my path with all
the EV charging spots for landing
charging even if I'm have like some
meeting near you know New York City I
can just like see which exactly spot I
can and to park and also to charge. So
it's going to offer me wisely based on
real data where should I go exactly and
land.
>> So as you know I want to see if I
understand. So basically all these dots
enter your database and you understand
what they are. They are charging
stations.
>> Mhm.
>> And based on your routes you're going to
give the options if you need to charge
to see what's the closest charge. Just
like let's say Google Maps offers me a
gas station
>> in my car when it's low gas.
>> Same way you're going to offer a
charging station while during a flight
and you'll understand where all these
charging stations are and how I can land
there.
>> Exactly. Exactly.
>> Okay.
>> Yeah. And also we can see here this is
like a smart navigation. So example from
we just took off from the latest talks
in Brooklyn.
>> Brooklyn to Moni here it says hour and
43 minutes.
>> Yeah. Based on the live
>> and the traffic now. Yes.
>> Yes. It take an hour at night but an
hour and 10 minutes but this is hour 43
minutes now in the afternoon and it says
28 minutes I guess from the direct path
if you take the Doni H1X.
>> Yeah. So it's actually takes you can
take in consideration you know if I want
to take the car here if I want to take
the EV tool sometimes you know if it's
like a very small very short I can take
the car but for this one for example I
saving like more than like 1 hour and 20
minutes you know here just you know by
flying to the shoe saving tremendous
time especially in the peak hour you can
see like we have the red
>> third of the time of the time this is 28
minutes this hour 43 of the time that's
that's insanely amount of time saving
each day and if you have other Yeah. So
if you live in Brooklyn or Monty, you
want to come in every day for work, this
is a good option for you to do.
>> Yeah. So while we flying, we can see
everything related to the speed, to the
battery. We're trying to make it very
very efficient and making sure you
flying in the optimal way, everything
related to the mood. Um it can change
auto automatically by you or by the
system if needed, a specific navigation
type.
>> Okay. And what other changes are coming
in the near future that you haven't
built out yet?
>> Yeah, so we building a lot of feature.
most of them is simplifying the flight
controls, making them more user
friendly, uh everything related to the
app and kind of making sure that all the
ecosystem that we're building is safe,
easy and user friendly.
>> Mhm. So AI is just a tool that's helping
you out to be on top of it all the time
more consistently and better
optimization, I guess.
>> Yes. Yes.
>> Beautiful. Thank you so much, Steve, for
your time.
>> My pleasure. And now we're going to go
to the next step to see what happened
with the team. Let's do it.
The team update
English.
So thank you for coming on the CEO of
Doni, Mr. Derome Meriger. Last time we
spoke, I made a mistake by the way. Last
I was at your Fortune 500 company. I was
saying that you're on the way to get to
that place, but you're not at the
moment.
>> Y
>> but I want to talk a little bit about
the teams. What has changed the past 3
years from when I was here last time
until today? The first change is the
location. I see that it's a different
location and I see that a lot of people
that were there are not here on this
location. So do you have multiple
locations? What has changed? We have a
little bit in Israel and some of the
teams in Israel, in the UK, throughout
the US. We added Washington. I think now
we're close to about 18 or 19 members.
Uh we brought in a new team members. Um
people with a lot of experience in
electric aviation. Um we added the team,
the company called aviation. If you know
that it's the first electric aircraft,
raised over $300 million. Uh they did
it's a passenger 11 passengers. So it's
all electric. It's not an EV tool
though, but we brought the engineering
team and in fact um the founder joined
our team um as a director on the
company. So he's advising and he's very
close.
>> So he works for that company and for
your company.
>> No, he left that company. Oh, he left.
>> Yeah. He's working other things and he's
also advising us as well.
>> Oh wow. Okay.
>> So like Joby and also for us.
>> Okay. Well, Joby is a taxi.
>> Is there a taxi? Yes. Totally different
market,
>> right? So they're also uh EVT to which
means like the flying car idea. It's
called
>> it's a totally different market. Maybe I
should touch base on that you would
like.
>> Yeah, it's basically very simple. You
are a privateowned
car, luxury car for personal use
>> for personal use and they are more taxis
that will take
>> right sharing like Uber. It's a totally
different market though. Okay, totally
different market. It's a totally
different aircraft. I think the only
common denominator is that it's electric
and it takes off vertical. But other
than that, it's designed differently.
It's the use case is differently. The
market is different.
>> Right. That's like electric helicopter
sort of thing
>> in a way. Yes. It's a service. Yes.
>> Right.
>> So you go into the flight, they take you
somewhere.
>> Yeah. You you take your car or whatever
you want to go to the Vertiport or
helipad, you take it as a service,
>> right?
>> You go to a different um airport again,
helipad or verport. You land and then
you take your other car or whatever to
your point of destination. So
>> right here is the personal guy who has a
garage leaves his house
>> among other things. Yes. So this can be
uh served as for engineering purpose as
well. For example, he want to send an
engineer to fix high electric uh um
wires whatever uh can also rescue
people. So that's that's but all the
orders that we have are from personal
including farmers you know in California
would like to go and check the crops.
>> Okay. So, now that we know about the
teams, let's get to the actual car to
see the actual differences between the
H1 and the H1X. So, the H1X is the new
model that you just revealed before
Passover and the H1 is the prototype we
saw last year.
>> The H1X we basically have the drawing
the renders uh last year.
>> I think I think it was even um 24 or
something like that. And then we started
working on actually build that showroom
model that that you going to see in a
second or you already saw um before and
it's was called the showroom engineering
model.
>> Okay.
>> Um for us to interact for our engineers
to understand you know because there's a
difference when you are working on
something three dimension really when
you have a physical and for investors
and for customers as well.
>> We had an event unveiling event this
March.
>> Okay. So, let's go in and let's see how
the model is different than the H1.
>> Sure. So, here you already saw the
history, a little bit of the history and
maybe we should go now go to the main
the H1X.
>> I see that the old model when I came
here the first time it was both wings
were like almost the same height. Now,
this is raised much higher. What are the
differences between these two models? So
I believe when we were here we already
had uh test flights got certification
for us was to prove that this type of
configuration can work but we knew that
the airframe needs to be uh modified to
be more efficient in terms of flying in
terms of aerodynamics flying forward and
so we took our time and you know like
good food good food takes a lot of time
to bake right to make that's what
happens with this so we had to do
multiple of digital testing and
iteration with our aerospace engineers
and we came up with the H1X.
>> Tell me the differences the updates that
you changed.
>> Okay. So we we kept the a similar style
of configuration which are the these are
the ducted fans that means enclosed
propellers motors two each each in each
duct. Okay. Uh we did it here although
this was exposed but the design for the
H1 basically was enclosed. So we kept
that but we added is we added more
lifting lift surfaces. That means you
don't have to all the time use the power
of the propellers in order to uh you so
you basically use energy in order to
lift yourself like an aircraft. So you
have lifting surface that's mean wings.
So we have six wings here. You see lower
wings, upper wings but we also have the
landing gear
>> which is also a wing. This is a patented
as well. This is another patent. So we
did multiple of patents. So you added
many patents to this car versus
>> improved design. Yes.
>> Right.
>> So for example, these are called wing uh
um fences. The idea is to basically
reduce the amount of air that will go
from you know going over the surface
into the duct. So by creating more more
uh drag.
>> So this is a patent. This is another
patent the landing gear. So
>> everything is design patents.
>> Not everything but a lot of it.
>> And what other patents do you have
besides design? uh the way it flies uh
the flight control, the ducted fans
stationary inside the the wings um and
altitude control. There's multiple of
things that are already patent.
>> Okay. So,
>> and we continue obviously patent because
this is part of the assets of the
company. So, what you have we still kept
the the a roadster configuration of a
two-seater,
>> right? Wings are g wings. They're open
like you know upper and uh um the
machine is it's much easier to operate
which is as you saw one tablet rather
than three and a joystick. In terms of
redundancy we kept the same concept that
we we have uh anti-colision sensors
carbon uh carbon fiber body uh like a
monok like a formula 1 and also uh a
parachute. That's what I wanted to ask
you if the parachute is still exist.
>> One thing I see here is that you added
the space for suitcases.
>> Right. Right. So, golf also for golf
clubs if you want to go golf
>> uh as well. We designed this machine to
be a practical everyday
uh work vehicle. I'm comparing it a
little bit
maybe to the Porsche 911. Okay. So, it's
an expensive car, but it's a car
intended to be used on a daily basis,
not just a weekend car like Ferrari or
Lamborghini. It's expensive, but it's,
you know, you can use it for daily life.
You can enjoy it and it's it's
practical. It works. So you get get
yourself a lift up and then
>> push and and so so the beautiful things
is we learn from the previous
configuration when and you know probably
when a drone flies so he has
>> so I want to bring a drone to
>> maybe I'll I'll show
you a good one.
So let's say this wants to fly forward
faster. In order for it to fly forward
faster, it will increase the speed RPM
and we'll have a tilt. Want to fly left
one bank or whatever all this. So this
is controlled by just the the the the
RPM of the the proper. So this is a very
nice but it's not an efficient flight
because you don't have lift
>> get shaked up outside first. Yes, you're
right. You you get this tilt motion and
every time you go like this it's it's
not a good feeling. But second thing is
also energy efficiency. You you're just
relying on this to keep it. That's why
they don't last in terms of time 30
minutes. We need to have energy from the
wing wind. So that's why we're using
wings.
>> Again, what we did more, we designed
electric motors in the in the landing
gear so you can taxi in and out of your
garage as well.
>> Right. So you're going to drive out like
it's
>> you're going to drive out. Exactly.
Yeah. And then go vertical. So it's not
like a helicopter where a helicopter
lands and becomes stationary. This is
basically it's a more agile system that
you can taxi, you can park, you can go
charge.
>> So it's not just a electric helicopter.
It's actually a flying car because your
car locally you're gonna maneuver it
around to get out of your space and then
you could just lift yourself up vertical
and just
>> the intention is to basically
drive or you know close close areas.
It's not you know you're not intended to
drive on the highway cuz there's no need
essentially you go directly to your
destination. So it's just more of a
convenience. I want to charge I want to
park. This is what I need to taxi. So
this is the final design that's going to
come to market or you still going to
update it?
>> We are improving this one as well.
>> And what changes are you expecting?
>> Uh I I can't disclose at this point.
>> Oh, okay.
>> Let's say you want to create range. You
need you have huge wings. But then how
can you park it in your two car garage,
you know, it's not comfortable. So you
have to it's a bunch of compromises
constantly compromised until you get the
best the best package
>> that your customers and investors are
interested in. And again, because we
have now so many investors and so many
customers, we are tuned. We're, you
know, we we get all the questions and
and we we communicate with them all the
time to bring the best offer we can.
>> Do you think you can update the range in
the next model?
>> I I I definitely I believe so.
Otherwise, I wouldn't do it. I believe
so. It it depends on multiple things.
It's about using as as little as the,
you know, as the autopilot is possible.
So every time you use the autopilot
basically you basically spend energy try
to balance itself. So try to less
balance the system with the motors more
use um lift on the wings see how the
motors are efficient how the battery
cells are you know so these are multiple
things work all together in order to
achieve efficiency
>> and range
>> just like electric vehicles are updating
battery range.
>> You have now cars doing 400 miles.
>> Okay, I got you. Thank you so much for
coming out. I appreciate it. Thank you
for coming over. Uh yeah, nice to see
you again after 3 years.
>> Yeah. Yeah. And we'll share more of the
moving forward.
>> Thank you. Okay, we're finally back.
Okay. Um
the models
H1X beautiful amazing question is at the
end of the day you know models and
beautiful models and amazing projections
is awesome but actual reality
certification. Yeah, they signed for the
topics upgrade certific
the certification is the most important
thing without certification in place is
pathway committing the market. So 2021
the
certification path for electric aircraft
aircraft. There was no certification
path. the category existed creating a
category creating the category. So FAU
since 2021
company
um introduc
rules and regulations for electric
powered aircraft. Let's say in July 2025
introduced the mosaic rules. Um the
mosaic rules you can put it on the
screen. We'll say those
>> mosaic rules is the modernization of
light sport aircraft. So light sport
aircraft is basically ran bizette uh
two-seater airplane was a 1350 lbs
takeoff was the K 25 hour um sports
pilot's license in the Kensus Flint.
>> So this was Matt skydiving ML aircraft.
>> Yeah. Uh I think so. It's a two-seater.
I wouldn't say no. It's a smaller. It's
LSA.
>> Oh, LSA. My
>> LSA, not a commercial one. It's a p for
personal use. It's a two-seater. You can
find it online. You can post it. Um,
>> so I'm expanded the LSA including the
EV. So the Yeah. But the LSA
commercial
airplane
was
separately certified.
Um
the air taxifically
certified
rights.
Okay.
Follow their instructions.
and venom released.
>> Zam is released in July 2025. They
introduced the rules. It went back for
questions and everything. Um and they're
now confirming it um next month actually
by Ashkash. Ashkash is a very famous uh
air show every year. So Ashkash is when
they usually introduce it. So this is
what's gonna happen this year.
>> So
the government
requirements and get it approval. So
designed the aircraft, the two-seater,
personal use, you know, should weigh
under 2,000 lbs, electric, user
friendly, all these different uh
>> requirements they were asking us and we
built it on on this on this
certification path and now it's just a
stamp.
So
the stamp stamp is so the goal is test
flights next to you.
So it's finalizing
the production prototypes was got fle.
So it's on track to test flights next to
you. Hopefully next video on
um
>> update video.
>> Yeah. Yeah. Don't worry. It's it's
coming but
>> okay. So
the aircraft
>> injection
>> early 2027.
>> Early 2027.
>> Yeah. In the first half of 2027. So this
my mom is in the near future. Wow. Okay.
So and this guy can locally do in
Florida and actually the met
for testing for the first year. Yeah. So
2027 to 2028
>> testing heavily.
>> So the customer is the product
>> we're targeting end of 2028.
>> Okay.
>> Okay. It's a target and be very open and
very clear they type of products things
get delayed. You have to know this is
bottlenecks.
Okay. Company hype guys didn't mention
flying carp.
>> Yeah.
>> Um
science fiction science fiction concept
a business you prove it.
It's very hard to get. So
million. Wow.
They go and some developed and some hire
a team and some vision the the the
original test flights some designed and
research work with FAA got hired
to develop and the goal is given Boeing
and some the design but the develop
marketing we kind of is like okay this
is bowen you see it in this render came
out on touches feel you can understand
how it's going to work in your daily
life.
>> Actual reality was
the million.
Okay, this is just the concept.
This is something it's happening.
So
main goal is
invested in their company. He he wants
to know the update
projecting end of 2028 to deliver to
customers.
What are the things?
>> Yeah.
and and and their company as a whole and
financial part
invested in a company
I think $30 million or something over a
period of time. So I just want to
discuss these details
and
questions. I just wanted to know what
these are and that's why it's very
important
>> right that's why we're doing the video
it's not flying car uh video because
that was something that was something
and that was something we showed flying
car idea yet
actually the matas
>> ah perfect so
to break it down the next the biggest
hurdles gain is for company
is can you do you have enough runway
till you have a product meaning
you're done.
>> So the key is
cash flow from investors to fund the
product until you
bring the product to the finish line.
>> Yeah. developion.
>> Okay.
>> This is going this is some projected 30
million would get us not even to all the
way to production. We're going to need
more money for production. But
kind of
a company,
your new kids on the block, you're going
to have to prove yourself really hard
for people to trust you with a lot of
money.
>> They're going to squeeze you on the
evaluation like crazy, right? asking. So
in some mastered
um crowdfunding. Okay. And some can some
raised
some days
$15 million from
>> $15 million.
>> $15 million from
>> Okay. Okay.
>> So $45 million.
>> Yeah. So 45 million
is to get through FA certification to
build two three prototypes
go through testing validations
everything buying the parts developing a
lot of things
>> well some of the investor from Saudi
Arabia
>> okay so so of course some continued
fundraising sometimes
conversations
and before Trump was elected
companies
agreements agreements for deals
in negotiations
pictures
got the full VIP experience Males
and came into actually shaking the
guilt. it it didn't work at that at that
time you don't want to deal with these
they they were a little shady
and you can't develop
partner was you can't rely on because
okay
>> and okay
so aircraft our partner was trust
>> so we made the decision to to leave it.
>> Oh, you opted out of
>> Yeah, we opted out of the deal.
>> Wow.
>> Okay.
>> Some It was very hard. They're still
running after us.
>> Okay.
>> Cuz now they see the progress, but we
decided that
>> we're not going to go. So, it was some
and some of the SEC SEC is the
regulations for securities for stock.
You got in trouble with the SEC like
insider trade or anything is related to
SEC. So we have a file with SEC as well
raising 70 75 million from the public.
Okay. So there's a regulation ais file
they go through all your bank statements
everything is in a legitimate bank they
full ordered. Yeah. If you want to raise
money what do you do with do you have
financial
>> product is this a scam or is this
>> you have to report and it's very
detailed like it's very hard to get
there. Some companies it takes them two
years to get it.
>> We we had it in 30 days. Wow.
>> Literally in 30 days. Um, from when we I
mean it took a lot of time to file and
build build the whole thing together.
But once we put it in, we got an email
because that happened. Saudi Arabia deal
fell through in October
whatever and then
anyways
as a backup. So
um and some back deal.
So the idea is gain that in the
prototype yet
like development
the prototype. So it's kind of hasn't
developed.
So the goal is in set okay March 26 it's
guarantina unveiling event. It's got
inviting hinted to investors mean
someone got to investors already
invested promoted the event
and we got unveil on the aircraft the
goal is getting these guys on the
kickoff and I raise it's defined
million
actually
the tech
finance
so
evention.
Oh, wow.
Wow. Okay.
Well, share price increase. So the
traction and the development and the
valuable
the market. So
investors you increase the share price.
So investors
so you we'll see a crazy bump in over
the next week and a half.
>> Okay. So my question to you is um
>> yeah
expecting returns for company. So this a
startup company
regular investment
invest in the flying car
and two years I
I trust in the company.
This is the type of mindset
invest a certain amount.
It doesn't even come up
like this is
>> extremely
extreme cash.
>> Yeah. This is the
startup. So any risky
is
is you have your lifestyle.
So the idea is and was enjoyed startups
and hotly
different fun.
It's it's a very fun project. Yeah.
exciting
guilt from the no invest
investors. Some to investors the percent
is
0%.
>> Okay. Um, we had a lot of people
invested nice money, but comparing to
what we raised, it's tiny. But I always
look and
like
stupid. No, no. is
clear. It's it has to be money was
the
basically it's very clear.
Don't do it. You don't need it. But then
the hurdle is looking like we have a
path till now we didn't really have we
didn't have it was very hard to
funding is like are you going to get to
35 we're going to be halfway is there in
the next two weeks 15 and not just
crowdfunding
just crowdfunding but the guy says the
advertise he developed This is
promotions social media videos online
and mention came and invested in that
company thousand to mentions guys viral
mention invest anywhere from a thousand
dollar biz
whichever numbers everyone investments
you know millions so they boast a
massive list
and an interested investment so update
videos educational emails
So yet
off our list and over the next
50,000 mention of their list and go
invest $45 million
investors
45 million
but
raise right and Tesla
further down the line. It's a startup.
Startup always needs money. It's always
the biggest investment
progress
investing,000.
>> Wow.
>> Yeah. Really? So the funnel
progress
and he sees that you're pumping in a lot
of effort to make it happen
right
some hind
million dollar from the public. It's a
very good tool whoever's in startups.
It's very hard. So you do charity
campaigns with investments,
>> but it's a very clever way for companies
to do it. You're not relying on VCs.
Exactly.
And so
now the question is
it actually fails. You can't bring the
product to market.
>> It's gonna fail.
>> Just like a startup. Yeah.
>> So me to say is anyone invested is not
gonna get
>> ask me it's not gonna fail.
So the investment was can potential
market.
So when they invest this include
>> yeah the invest you have to be okay that
it's going to lose
>> right. It's a startup 10 out of sorry
one out of 10 or one out of 20 startups
make it
>> right. So,
but you were confident enough
at least on the right path.
The diligence is happening.
>> The successful startups usually there's
a few ingredients. You have to have the
right timing, the right team and a
product that people want. Okay. And Don
has all three of this, right?
>> Okay. The timing is look what's
happening in the market. Okay.
AI, robotics,
um, flying air taxis. You see it, it's
happening. It's not just us. It's the
industry as a whole is happening. So,
timing the right time. We started years
ago before everybody else. Patented
fan technology in the wings was
just the planning. So the reason for
concept okay it's it's a heavy aircraft
it's 6,000 lb the design has to be
different
>> it's very hard so focus of the personal
>> company
Olive in California they're most likely
going to close down
They don't have funding.
>> Oh, the the problem was most
>> actually VCs
million,
>> right?
>> Crowdfunding.
I hope he does good because for us it's
good. The market's all
>> okay
investors. Let's wrap it up.
Each of them are
>> experts
>> not just experts in corporate episodes
they are skunk works
you can't come with the mindset of let's
do what we did until now
>> right so
you need to have
>> default that's out of the box
>> okay that's number one number two is gr
the financials what's the update
financial
actually
the pathway to raise
is looking really good. So development
>> that's a good thing
>> that is that is I would say the biggest
key when you have the capital
>> the tech is here
>> everybody knows it we don't have to
prove technology is here right
>> electric batteries
>> that's the next part is the technology
actually updated the basics
bringing the aircraft to life so it's
being updated every day it's being app
technology AI and
bringing design is the key aerodynamics
ICS in the in the updates in design
patents
is the certifications. The
certifications is the LSA heist.
>> LSA under Mosaic rules the mosaic
modernization of airworthiness
certification something like that.
>> Income created a category
FA. Yeah.
>> And this can actually produce in home
ready by the end of 2028.
>> Okay. So this is sort of the
the update
>> and the next video.
>> Yeah. actually
no matter
>> till it's not approved for commercial
you can only have test flights test test
pilots but yeah hopefully within the
next year I can have you the viewers as
advanced
Exactly. So
this is just behind the scenes
whatever
because
spending thousands of dollars to create
a highend uh product and video for the
viewers.
So
video and hopefully the next video.
So thank you for that
exciting.
>> Exactly. Because
questions and
the timing reveal
the financial part
and it's actually so I appreciate that.
I appreciate you.
The mention
of the young
video
or whatever
because we finished that conversation
unfortunately
personal life
you know
And
unfortunately
yeah
in labor
in the
Second
phone
1% 5% chance
she's totally fine now. So basically but
um a little my experience just
it's a natural
it's a natural thing
button
does a whole different thing
come in and develop and they don't have
opportunity of life. Okay. So the
question is
for me question so what is what is I do
have in the opportunity for life.
So
I wasn't in the best place in my life
then.
By the way, there's no
but eventually
I crashed like six six months after
because I was on a high.
and
it was
and whatever.
But
I had a literally nervous breakdown.
thought I never like at the Russ like it
was like I never lost
so whatever
it's okay
lot of feel Okay.
Pain.
It's okay. But
the question is okay.
But
it's okay to say. It's okay to say I
need help. It's okay.
go for help. Go. It hurts.
It's It hurts. But if you know, you kick
the can down the down the road, it's
going to turn into something else. Build
up the
boom. I thought I'm dying. I I was much
I couldn't breathe like it was it took
me like a week to get back to myself. Um
so
um
but
so
business
So
you have to always look back like okay
where was I
was I acting the best was I doing the
maybe
doesn't
but
he wants you to he wants to point you in
the right
Right? He wants you relationship.
So,
okay, where am I?
And end of the day,
there's a lot of places I could have
improved improve become a better person,
come over certain challenges I was
dealing with. So,
now two years later,
after I learned that approach, I can cry
out. It could hurt but now I can also
see it could also
was
beautiful because
now once again I'm I would say a
different but
it's completely different right so
there's there's a lot of things that
pushed me I was in my 1920s I moved to
Florida I was a vai
Not in a bad way, but I wasn't doing the
things properly.
>> So, you're not a teenager.
>> I was a teenager. Yeah. I came to Miami,
it was, you know, looking back that
kicked me into a new direction. It
taught me a ton of new lessons about
life and about money and about ego and
about,
you know, anything
about money. So money
just got life figured out.
>> I had life figured out. I'm going to be
21 years old. I'm going to be a
millionaire when I'm 21.
My friends remember I be 21. I'm going
to be a millionaire. I'm almost there.
1920 I was doing very I was on that
path. I was but I was
and took me into a very it took me off
the wrong way.
Money is opportunity. Money can make you
do a lot of things.
If if money goes into something that's
not ripe, it's just going to make it
more of it. Right? So
the fact is identity
millionaire by 21 is already what
understands
the building
$10 million.
So it's natural. I don't understand
anybody that doesn't want everybody
wants to be that. Who doesn't want to be
articles? Oh,
>> private jets.
So
this is and I know it's not just my my
issue.
It's it's around
mention
already a millionaire. Meaning I have
I'm healthy. I got married young and I
have two kids.
Like I'm very I I I won the game. I won
the game. Like there's no
>> I have it.
>> Because the reason for I had zero self
worth. I never appreciated
>> the day. I never appreciated
mention. It's very nice. But dig
the billionaire song. It's
But it's it is what it is. It's what
what you what you have is what you need.
And and you're good. You're just as just
as valuable as someone else that has
millions of dollars.
>> And and I went through a long topic
because
connected with like
originally
of dollars.
And long did I know that I got myself
into a project that you want to do
something big, it's going to take you
time. Take take your time
for life.
Yeah. bow anything
longlasting I mention and whatever good
for them and it's amazing
>> shortcut in life
>> shortcut and they have their challenges
>> right
>> trust me I have a lot of friends that
their father are Richard and I'm serious
>> these guys do not have a better life
than than any of us I think they have
worse
>> usually
you have to deal they don't have their
own image
in the first class. Wow.
Private jet. So, no serious like I've
seen it. I've been there and I've and
I've you know my main message was
my I'm 25. I'm young and the feeling
lifestyle.
This is my I deserve to live this way.
develop
and I can tell you 80 to 90% of people
that do that are in a lot of debt
and a lot of debt and you can talk about
it and I think it's a very important
topic I'm maybe not the right person to
talk about it but it is a topic that I
see and I know there's so many
organizations so many people who was
dying and dying is an in debt just to be
able to keep up their lifestyle no one
ever told them or they didn't work on
themselves to know their self worth that
you live with any means. I personally I
I I went through that struggle early.
Okay.
What are you going to do? I continue the
lifestyle
turning back the clock because
it's very hard to go back. I was able to
do it. I cut down everything. physically
lived uh
>> I was living yeah probably rich I was
I was living a lot a lot more than I
should be living
>> in 20 years old you know shouldn't be
spent I shouldn't I didn't put away
money I didn't make a savings account I
didn't put away money for my kids I
didn't I didn't do all of when I had the
money
>> because all about was the lifestyle kind
of%
I would say more.
>> Okay. I don't I don't know.
They weren't responsible. They never
lived within the means.
>> Maybe this is
usually
finances.
It compounds when you're 20 20 to 30
compound the most.
being is the worst thing. You can't
sleep at night. Whatever car you drive,
whichever house you live in, no one
cares. You're still going to sleep.
You're a slave. when
the men
say
and is understanding that whoever you
are, you don't have to have money to be
something. Don't don't come in with that
way. You have to
just
if Hashem decides to give it, he'll give
it to you. But down focus
finish rest of it will come try to see
force
risky
it's it's it's just not going to work.
It's just not for it has to be calcul.
That's how you choose how you live. The
car you're buying by based
we're going to be 30 40 our generation.
generation there's going to be a lot of
char there will be a lot of charlings
you can see how people are operating it
was never as it was never as much as
it's now generation deal the mist of
this so I don't know someone has to
figure out how to a lot of young guys
they're trying they do this they
millions they're throwing parties
for what you're good
I know that I know that feeling but
isn't plot
they villaining. So yeah, I think that's
my message and don't talk about Davin. I
think that's the biggest thing.
>> Don't what?
>> Don't talk by Davin.
>> Oh wow.
>> Yeah, that's
if you want to hear what Hashem has to
tell you
conversation and mention that in the
background.
It's a two-way conversation.
messages and if you can't hear it,
you know, so
the no talking
beautiful
talking it's very famous.
It's amazing.
dominant
of course but the dominant is dominant
you know but I'm telling you more than
anything else
I'm tell the fact that I am where I am
there's no does nothing make sense I
can't read I can't write properly
>> what
>> yeah like I my my English isn't the
best. I But I'm not complaining. But
Hashem gave the the reason I moved to
Miami. I went into that sh and I've seen
miracle after miracle and things that
nothing should make sense. And I've seen
other people also. It's known. You don't
talk by ding. You go to a no talking sh.
I guarantee you'll see bigger
you'll see bigger success than going to
any kind. It's it's
>> it's guaranteed. It's hard to who can do
more than
>> Exactly. Thank you so much at some
point. But I appreciate
and gave the message and the pivot of
message was at the end
also amazing and thank that's a key
word.
>> Thank you so much again and see you
again.
>> Yes.
So I hope to fly.
>> That's it.
>> We talk and need miracles.
>> Yes. Enjoy and see you again.
>> See you in the sky.
>> In the sky.