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GET A PIECE OF ELLIPTIGO

Elliptical and Stand-Up Bicycles

Own a piece of ElliptiGO, the leading provider of elliptical and stand-up bicycles around the world. This is your chance to invest in the next big category of outdoor fitness and recreation with an established company that has already generated more than $45 million in sales.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

$562,240 Raised

REASONS TO INVEST

We have sold more than 28,000 ElliptiGOs and generated more than $45 million in revenue.

Our products are used by fitness enthusiasts, recreational athletes, celebrities, professional athletes and more than 300 high school, college and professional teams.

We hold 43 issued patents and have built a passionate community of thousands of customers around the world.

ABOUT

HEADQUARTERS
740 E. Solana Circle
Solana Beach, CA 92075

Own a piece of ElliptiGO, the leading provider of elliptical and stand-up bicycles around the world. This is your chance to invest in the next big category of outdoor fitness and recreation with an established company that has already generated more than $45 million in sales.

TERMS

ElliptiGO
Overview
PRICE PER SHARE
$7
DEADLINE
Mar 6, 2020
VALUATION
$34.11M
FUNDING GOAL
$10k - $1.07M
Breakdown
MIN INVESTMENT
$700
MAX INVESTMENT
$106,995
MIN NUMBER OF SHARES OFFERED
1,428
MAX NUMBER OF SHARES OFFERED
152,857
OFFERING TYPE
Equity
SHARES OFFERED
Series D-3 Preferred Non-Voting Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Bonus Rewards*

Time Based:

Invest before February 6, 2020, and get an additional 10% discount on purchases from www.elliptigo.com on top of your investor discount for 2 years (expires March 5, 2022).

Amount Based:

Invest $700+ and enjoy a 10% discount on purchases from www.elliptigo.com. Discount is good on all full-priced products sold through www.elliptigo.com, excluding shipping and taxes.

Invest  $3,500+ and enjoy a 20% discount on purchases from www.elliptigo.com. Discount is good on all full-priced products sold through www.elliptigo.com, excluding shipping and taxes.

Invest $7,000+ and enjoy a 30% discount on purchases from www.elliptigo.com. Discount is good on all full-priced products sold through www.elliptigo.com, excluding shipping and taxes.

*All perks occur when the offering is completed. Discounts are limited to full price items purchased through www.elliptigo.com. Discounts cannot be combined with other offers or used for products that are already discounted. All discounts are limited to personal purchases for the investor only. Purchases made by the investor to give as gifts to close friends and family members are permitted with ElliptiGO’s approval, which will not be unreasonably withheld. Any use of the discount other than for personal purchases or for gifts to close friends and family members is strictly prohibited. Purchases for resale are also strictly prohibited. ElliptiGO expressly reserves the right to terminate an investor’s discount if it reasonably believes the discount has been used to make a purchase that was not for the investor’s personal use or as a gift with ElliptiGO’s prior approval. Any advertising of the discount in any fashion is strictly prohibited and is grounds for termination of the discount. If in doubt about whether the use of a discount is proper, contact info@elliptigo.com for clarification.

The 10% Bonus for StartEngine Shareholders

PT Motion Works, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Series D-3 Preferred Non-Voting Stock at $7 / share, you will receive 110 Series D-3 Preferred Non-Voting Stocks, meaning you'll own 110 shares for $700. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

ALL UPDATES

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into ElliptiGO.

JOIN THE DISCUSSION

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DB
Donald Barnhart

4 years ago

Hi again Bryan, Since there is only one day left. I have a question that others may share as well. In particular, I would really like to invest more but don't have the funds on hand at present. Is there any way that I could make an investment commitment with a delayed payment date or perhaps payment over time? Thank you!

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Donald Barnhart

4 years ago

Hi Bryan, My wife and I have been avid ElliptiGO owners for more than 3 years now and now we are proud investors as well! There is however, one engineering feature that we would dearly love to have. In particular, we live in very hilly area and we would dearly love to have the capability of power-stroking down steep hills rather than having to rely on braking to slow down. Although I have never seen this before, I could imagine a lever activated clutch mechanism to enable overriding the coasting mechanism. Even better if we could retrofit our existing outfits! Would be happy to beta-test this for you! Thank you, Donald

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EC
ELIZABETH COLE

4 years ago

Thank you for the answers to my questions, Bryan. I had forgotten about the other manufacturers that had used long-form video. I was thinking that format is also successful when combined with easy financing for customers and I see that you now offer that. That bundle along with a strong female fitness celebrity will be smash! I appreciate your well-analyzed theories on awareness and subsequently legitimacy. To anyone on this thread questioning a purchase of an ElliptiGo bike themselves, I can easily state that MY ONLY REGRET IS THAT I DIDN’T PURCHASE ONE SOONER. I’m stingy with my budget. I tried other variations out there and was disappointed. I tried looking for test drive options. I wasted a whole year trying to qualify this expenditure. :( I can attest that if one is a runner or a cyclist, you’ll easily give up both for the fun and results of the ElliptiGo. I look forward to seeing this further success. Thank you

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Randy Wilhelm

4 years ago

Bryan, I wish to invest here today but am not comfortable w the amount of personal info they want to do so. Is there another way to do this? Also, can one do so and use PayPal or another form of transfer? Is that still requiring all of this info? The privacy policy basically and literally said do not have an expectation of privacy for your non-personal and personal info given here. One more thing. Have you thought about giving larger discounts to a limited # of investors to get bikes out there? We could be some of the best salesman. I see there are for higher investors but to get these on the streets would pay back in large ways! Randy

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EDWARD CHUA

4 years ago

I just invested! Question on the discount, when and how will we get the discount? Excited to use it for my first purchase of your Elliptigo.

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Kevin Thompson

4 years ago

Hi Bryan, Your product helped me recover after back surgery and regain my previous level of fitness. Using Elliptigo continues to allow me to change up workouts and cross train! I have a question regarding the bank transfer when we commit to invest. Is the money transferred instantaneously from our account, or does this occur after the offer period closes? If the money does transfer after the offer period closes, can we increase or decrease our investment commitment prior to that date? Thanks, Kevin Thanks, Kevin

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MM
Mary Mattingly

4 years ago

Hi Bryan, My husband and I are looking at investing in your company but I have a few concerns. I am an avid cyclist (road, mountain and rail trail ) for many years. I bought one of the first mountain bikes in the mid80s and have watched that bike niche explode with City, State and National Parks making more and more room for these riders. I have also witnessed the explosion of rail trail all over the country with more and more cities and communities embracing that kind of riding. The commuter industry is also exploding with metro rental bikes on many corners in the urban cities. Now the electric or ebike is taking off across all of the different types of bikes--mtn, road and commuter. As a Fitness Professional, my interest in your stand-up bike grew out of the concern for too much sitting. I have been interested in buying one of the elliptigo bikes since I first received an email about them but there was no place in the southeast to demo them. Every time I brought up the desire to buy one, my husband was always suspect of the company and its viability and or growth given there was very little dealer participation across the country. Given the major switch from sitting to standing, it seems really important to get these physically exposed to potential customers. You say that marketing and product awareness seems to be a major issue and that you will use much of the funds raised on an infomercial with fitness celebs. Will you also seek dealers across the country to let consumers see, touch and ride your products? Thanks, Mary Mattingly

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Randy Wilhelm

4 years ago

Bryan, quick question. With these bikes does one receive annual tune-ups or anything included in purchase? It is common in bikes of decent prices. Also, marketing/awareness seems to be a major issue. I saw the elliptigo bikes in San Diego but have not been able to find around the St Louis area for test rides very easily and haven’t seen them around anywhere even though looks like a great product. PT folks are pushing now that we sit too much and is bad for us, tighten and weaken glutes, hips etc. seems like something to capitalize on w stand up bikes. Finally, how does one assure oneself that this whole funding request is not some scam. Thanks, Randy

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bob rowden

4 years ago

My wife, Connie and I just invested! It is great to invest in such a forward-thinking and innovative company. Looking forward to the journey! GO Team ElliptiGO!

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Willemijn Lindeboom

4 years ago

Hi Bryan, probably it is explained somewhere, but can’t find it. Suppose one would like to sell before the IPO, would this be possible and if so, how does that work? Thanks, Rodolfo

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HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

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SECURE

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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

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Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

RAISED
$562,240
INVESTORS
303
MIN INVEST
$700
VALUATION
$34.11M

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IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.

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