Go fund me would be just a gift to Alta. Not sure most people here would be willing to give them what they need, I wouldn't. I thought I read somewhere that they have produced about 1300 bikes. If every owner gave $1,000 that would only be $1.3 mil and I am pretty sure they need a lot more than that. Interesting idea though. I would be willing to be part of an investment group/partnership that is part of a buy out/investment in Alta. Basically an Alta Owners venture capital group. That way we could look at the books, have representation in the management/board decision and expect eventually to be repaid. According to an
SEC form D filed in May of 2017 they had a offering of $26.1M and sold $12.4M, leaving $13.7M remaining to be sold. I don't know how current this is, but my guess is they need to get $13-15M based on this. That would be about $10K per owner which isn't unreasonable as an investment, but not as a gift. Basically 1 bike for the price of 2, wait, that's not how it is supposed to work.