This web page contains a set of discussion sections focused on mitigating issues with the Hog Jackson Weapons Platform. The absolute mitigating issue is Funding.
To survive the Hog Jackson Weapon Platform project has been forced to employ an adaptive funding strategy. This approach was necessitated by the ambiguity of the Aptera production
launch, the ambiguity of US Government spending cycle, and the ambiguity of alternate funding sourcing . To conform to the existing ambiguity Abiriba_RG established a set
of flexible funding needs required to field the ideal battalion strength force of Hog Jackson Weapons Platform vehicles through through field demonstration,
implementation, and deployment. Abiriba_RG then pared that ideal force structure into decreasingly smaller entities.
Funding Sources
Three parallel funding sourcing drives are underway:
Finanical Facets to Consider | |||||||||||||||||||||
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Publicly Announced Aptera Finanical Information Aptera's Crowd Funding Accelerator Program Offering Circular: SEC filing Public $50M Funding Plan for Manufacturing (Source) Public Funding Grant of $21M to Meet $20M - $50M Need At a public "Apter Ambassadors" meeting it was announced (06/22/2023) that Aptera was highly confident in receipt of loans from DOE under the ATVM1 program. With that information in hand Aptera expressed that production should begin during the Summer 2024. (Note 1: ATVM: Advanced Technology Vehicles Manufacturing Loan Program under authorized by the Energy Independence and Security Act of 2007.) Goal: Accelerator Program $20M to $50M allows Aptera to accelerate its production plan, Announced: Aptera received notification of CA Grant of $21M to be used as a reimbursement program. Leaderboard Posted by Aptera As of Noon 6/24/2023 Status: $18.7M toward $20M goal Worstcase: $18.7M (Accelerator Program) + 18.7 (of CA Grant of $21M) = $37.4M Shortfall: $50M - $37.4M = $12.6M Best Case: $21M (Accelerator Program) + $21M (CA Grant) = $42M Shortfall: $50M - $42M = $8M Burp Remaining: $8M to $12.6M Estimated $ to unseat current Leaderboard position holder to improve delivery priority of "a" vehicle Position 1 Requires: $1,012,000 Position 1st-50 Requires $90,000 Position 1st-100 Requires $50,000 Position 1311-2000 Requires $10,007 (Note: Acceleration Program Launch Version: $33,200 - 5% Discount on purchase of one vehicle) |
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Acceleration Program Launch Version Discount Not Considered In This Table. Purchases of 402 vehicles with logistics should drive a deeper discount. ![]() ![]() ![]() |
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Best Case Delivery Timing to Operational Deployment Note 1: The information given below does not reflect an Aptera commitment. But it represents a SWAG by Abiriba_RG based on public Aptera estimates. Note 2: Assumes US Government (DOD) Funding of Abiriba_RG's project. Note 3: Pledges conveted to SEC Crowd Funding would force changes in this plan to meet field needs. Any change would be designed to have similar results predicated on funding.
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The funding plan is to pursue all three, US Government (DOD), Angel Investor/Buyer, and/or Pledges (1$=1Vote) in a balanced manner according to to the point where the Hog Jackson Weapon Platform relies primarily on US Government (DOD) funding. As a hedge against shortfalls Pledges (1$=1Vote) requests and a search for an Angel/White-Knight Investor/Buyer is underway.
Casual discussions have been initiated with two different Angel Investors resulting in no rejection but no firm commitment to future funding. Another local Angel Investor expressed interest but felt this project was outside his comfort realm.
Abiriba_RG goal in seeking Pledges (1$=1Vote) (eventual conversion to approved SEC Crowd Funding) is to provide a Battalion (400) Hog Jackson Weapon Platforms to the Ukraine military
to serve in the Speedbump role in resisting the on-going Russian incursion. We seek your assistance in helping us to meet this
goal. The likelihood of obtaining US Government (DOD) funding or support from an Angel/White-Knight Investor grows more remote
each day.
We at Abiriba_RG strongly suggest that you consider providing a pledge only after giving a serious read to:
Hog Jackson Weapons Platform Extending the Range and Dominance
of the Speed Bump, 2023. Our intention is to use the Pledges (1$=1Vote) approach as a polling device to
help Abiriba measure the expected support for a standard SEC Crowd Funding effort.
You should also review the details provided in the next paragraph. That paragraph explains the "how" of Abiriba_RG ntends to
strategically "spend" any funds acquired by the Pledges (1$=1Vote) to SEC Crowd Funding approach. With caution you can
click here to skip the detail discussion, but you should really study it.
Detail Discussion: Funding Landscape
The financing landscape for the Hog Jackson Weapons Platform is rapidly changing. The manufacturer, Aptera, has secured sufficient capital investment
to publicly announce with confidence in the start of production in Summer 2024. Their Accelerator Program provides a competitive dollar based methodology
for setting delivery schedules/priorities of assembled vehicles. Table 1 and Table 2 of Funding Need to Field a Battalion Level Task Force
section suggest an adaptive, aggressive (Patton-ish) approach to Hog Jackson Weapons Platform dilemma.
Predicated upon the pledges reaching the "SEC tipping point", eventual honoring of those pledges, and converting them into a HehJay Battalion fund,
Abiriba_RG shall use HehJay Battalion funds to join the Accelerator Program, to purchase the suitable vehicles at the level
which provides the most vehicles the quickest, and/or to push forward as outlined in the Status Item 7 .
The decision-making process for allocating the pledge funds honored is given in the three examples shown below. The three
examples do not cover all possible scenarios.
Example 3 Math |
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Subject to SEC rule of $5 million annualy: Purchase 2 at Accelerator3 $246,400 Purchase 50 at Accelerator2 $4,160,000 Try Purchase 70 at Accelerator2 $5,824,000) ** Exceeds $10,000,000 by 230,400 or 3 vehicles Subtotal: $10,230,400 Instead Purchase 67 x $83,200 = $5,574,400 Corrected to Purchase 67 at Accelerator2 $5,574,400)$ New Subtotal $9,980,800 Number does not reflect discount allowed for Accelerator Program |
But staying with a forward looking adaptive Patton-ish approach consider:
Subject to SEC rule of $5 million annualy: Purchase 2 at Accelerator3 $246,400 Purchase 50 at Accelerator2 $4,160,000 Add Purchase 10 at Accelerator2 $832,000 (10 x $83,200) to approximate a HehJay company/troop strength Subtotal: $4,489,600 Switch to Alternate 2: Compact Pickup Truck Remaining Purchase Budget $5,510,400 ($10,000,000−$4,489,600) Unit Price $39,015 AWD Compact Pickup $5,510,400/$40000 = 137 Vehicles (Fleet pricing discount not considered.) Note that the AWD Compart Pickup Trucks likely will be easier to schedule delivery prior to a large quantity of Aptera. Advantage Lost: Stealth, Range, Curb Weight Advantage Gained: Delivery, Weapons Load, Off-Road Durability, Ease of Training |
The SEC Regulated Crowd Funding is a realm put in place to protect the common good and welfare of the investing public. To enter that realm of investment a business will need to make several commitments. Each of those commitments will require Abiriba_RG to expend resources. Prior to Abiriba_RG entering this new realm, Abiriba_RG must make a corresponding judgement about the support that it can expect from its pledge community and the cost Abiriba_RG will have to pursue the standard Crowd Funding effort. Abiriba_RG will not pursue the cryptocurrency approach to Crowd Funding.