Whatever Happened to ALFADAN Outboards?

I was boating on the lake and got to wondering; whatever happened to ALFADAN Outboards? This video is a follow up to a video I made about 3 years ago about this new outboard design ALFADAN is bringing to market. I'm glad I never invested in this scam. Link to my original video from 3 years ago - • Should I Invest in Alf...

[@timbrown9305]

😎🏄 I just saw a video from 3 years ago then found your update. thanks!

[@seemoretoys5944]

Hope you enjoyed it!

[@andrewreynolds4949]

It sounds a lot like they failed to raise enough money to actually finish a product, and the company withered away quietly

[@seemoretoys5944]

No. The outboard engine configuration they proposed would never work no matter how much $$$ they raised. It was straight up a con job. Thanks for watching and your comment!

[@andrewreynolds4949]

@@seemoretoys5944 Based on the early stuff they published their founder absolutely believed in the project, and they really did get a lot of development work done with a legitimate engine manufacturer. All that is absolutely a legitimate project as far as anyone can tell. The problems seem to all have appeared later, associated with some combination of production prototyping, setting up manufacturing, and continuing to raise the funds required to keep the project going while still not getting any return on investment. A number of the fundraising efforts appear to have fallen short of the mark. Not entirely unexpected given the relative industry and business inexperience of those in charge, and the difficulty of not only breaking into a market but also setting up production from scratch.

[@danfoster7831]

I invested in this company through start engine. I guess wasted money.

[@seemoretoys5944]

I'm sorry to hear that. I'm not sure whether this was a scam or they really thought that the engine's configuration would actually work in real life. I'd lean toward the scam opinion. Perhaps all (or most) of the investors could get together and sue the people behind this scheme. Thanks for watching and your comment!