Originally Posted By Lance
If there are actually 800 orders in place, then this group of lynch mobbers (aka customers) has funded the company to the tune of somewhere around $4,000,000.

I'm not going to weigh in on this topic, but did want to comment on the notion that Morgan could have pocketed the equivalent of 4 million U$D. Rather than deposits having been sent directly to the factory, I would expect that funds were given to, and retained by, franchised Morgan dealers, without financial benefit to the Morgan factory until a vehicle is delivered.


Steve drive