Below you will find a summary of the general terms for Ecite Motors, L.L.C.’s offering. Additional details will be provided in the offering documents once available. Some terms and conditions may change.
Maximum Offering Amount
$1,235,000
Type of Security Offered:
Common Membership Units
Price (or method for determining price):
$2.50 per Unit
Minimum Investment Amount:
$100
Maximum number of securities to be offered:
494,000
BONUS PROGRAM
Bonus Units issued pursuant to amount of investment (“Investment Amount Incentive Program”):
Certain Investors will be eligible to receive additional Membership Units depending upon the amount of investment by such Investors. The number of Bonus Units issued is equal to the bonus amount applicable to the investment amount (described below).
The Company will not absorb the cost of the issuance of the Bonus Units. To the extent any are issued, it will not reduce the Proceeds that the Company receives; however, the effective cost per Unit for Investors receiving Bonus Units will be reduced in accordance with the table below. The Company will issue the Bonus Units from its Membership Units, providing increased percentage interest in the Company.
The issuance of these Bonus Units will have a maximum potential dilutive effect of 15% consisting of Bonus Units issued pursuant to the amount of investment for a maximum of 74,100 Bonus Shares – meaning the Company is Offering a total of 568,100 Units through this Offering.
| Amount of Investment | Bonus Amount | Effective Price Per Unit |
| $10,000-$19,999 | 200-399 | $2.38 |
| $20,000-$249,999 | 800-9,999 | $2.27 |
| $250,000-$1,235,000 | 15,000-74,100 | $2.17 |
For example, if an Investor invests $10,000 in the Offering, that Investor will receive 4,200 Units – which is equal to a $10,000 Investment amount or 4,000 Units plus 200 bonus units.
Bonus Units issued pursuant to period when investment is made:
Certain Investors will be eligible to receive additional Membership Units depending upon the timing that the investment is made by such Investors. The number of Bonus Units Issued is equal to the bonus amount applicable to the investment amount (described below).
The issuance of these Bonus Units will have a maximum potential dilutive effect of 20% consisting of Bonus Units issued pursuant to then the investment is made for a maximum of 98,800 Bonus Shares – meaning the Company is Offering a total of 592,800 Units through this Offering.
The following table describes the ratio of Bonus Units due to an Investor based on the amount of initial investment:
| Investment Timing | Bonus Percent | Effective Price Per Unit |
| VIP Early Bird – First 48 Hours | 20% | $2.08 |
| Super Early Bird – First Week | 10% | $2.27 |
| Early Bird – First Two Weeks | 5% | $2.38 |
For example, if an Investor invests $10,000 in the Offering during the Super Early Bird Bonus period, that Investor will receive 4,400 Units – which is equal to a $10,000 Investment amount or 4,000 Units plus 400 bonus units from the Super Early Bird Bonus Period.
The Bonus programs may be combined.
The issuance of a combination of these Bonus Units will have a maximum potential dilutive effect of 35% consisting of Bonus Units issued pursuant to the amount of investment for a maximum of 172,900 Bonus Shares – meaning the Company is Offering a total of 666,900 Units through this Offering.
For example, if an investor invests $10,000 during the Super Early Bird period, the Investor will receive 400 bonus units from the Super Early Bird Bonus Program as well as 200 Units from the Investment Amount Incentive Program for a total of 600 Bonus Units.
PERKS
*Maximum number of member units offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based: [No longer available]
VIP Early Birds
Invest in the first 48 hours and receive 20% bonus units.
Super Early Bird Bonus
Invest in the first week and receive 10% bonus units.
Early Bird Bonus
Invest in the first two weeks and receive 5% bonus units.
Amount Based:
$5,000+ SILVER Level Perk
Invest $5,000+ and receive.
$500 credit upon purchase of a vehicle
Limited edition T-Shirt
$10,000 GOLD Level Perk
Invest $10,000+ and receive.
$1,500 credit upon purchase of a vehicle
Limited edition T-Shirt
$5% Bonus Shares
$20,000 PLATINUM Level Perk
Invest $20,000+ and receive.
$2,500 credit upon purchase of a vehicle.
Limited edition T-Shirt
$10% Bonus Shares
$250,000 E-Cite Level Perk
Invest $250,000+ and receive.
$100,000 credit upon purchase of a vehicle.
Limited edition T-Shirt
$15% Bonus Shares
Limited edition scale model of E-Cite Vehicle
RISK FACTORS
An investment in our Common Membership Units involves risks. In addition to other information contained elsewhere in this Form C, you should carefully consider the following risks before acquiring our Units offered. The occurrence of any of the following risks could materially and adversely affect the business, prospects, financial condition or results of operations of our Company, the ability of our Company to make cash distributions to the holders of Units and the market price of our Units, which could cause you to lose all or some of your investment in our Units. Some statements, including statements in the following risk factors, constitute forward-looking statements.