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Mahogany Motors

PAVING THE NEW Digital
INFRASTRUCTURE FOR THE
GLOBAL CONSUMER ECONOMY

Just some dreamers

Who we are

We began in 2002 in the back of downtown cellular phone store. It was there that we came up with an extremely funny doll for your dashboard that qualified as a tech-based  mechanism. Beginning with this concept and after a few years with several more concepts on paper, we were seeing a need for innovation and excitement in the aftermarket customization field. Coming forward in 2014, we began to see the need to pioneer rest stop hospitality for electric vehicle re-charging. In 2017 we finally decided to incorporate and bring these mind blowing innovations to market and in 2019, thanks to Mr. Toney Viney whom we purchased land for our first Cloud-Cube, we can now see this physical rest-stop concept come to fruition in rural land for EV charging and software backed business and consumer services.

Useful tech is easy for us and in our beginnings we didn’t intend to be a business, but with these innovative concepts – some ready for patent protection, others not yet – many have told us where we should be and that’s  operating on the world stage. So far this has proved out to be true especially where patent checks proved no one was thinking of creating formidable power products for our industries that were close to many of our concepts.

We also saw and still see the need and demand for electrical vehicle charging options especially in the rural areas. Our foot is in the door now with our second brick and mortar property able to accommodate twenty re-charge stations allowing us to realize a quick growing future as a premier property holder for EV stations starting from the southwest region of Ohio. Join our journey as we grow nationally to globally while we innovate concepts that give back to our earth and yours.

Elikim S.

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'Ambient Energy Disruptive Travel'

Trigonometry, Calculus and heaps of quantum physics make our approach to transportation design above whats come to be expected. When we call you and say we have made a break-through in a logistics, transportation and space exploration task, you might as well consider yourself lucky we let you look under the Bollix hood first!

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Elikim 'Mr. Agency' Shabazz
CEO/Founder

Date May 5, 2026

To: The Honorable Paul S. Atkins, Chairman United States Securities and Exchange Commission

Crypto Task Force - Written Input Portal

100 F. Street, N.E. Washington, D.C. 20549

Re: Public Comment in Support of the Innovation Exemption Framework and Principles Based Regulation of Distributed Digital Asset Infrastructure - Submitted by Mahogany Motors Inc.

Mahogany Motors Inc (hereinafter MMotors Inc.), is an Ohio-based advanced technology company engaged in the research, development, and commercialization of distributed energy harvesting systems, embedded consumer computing infrastructure, and digital asset network technology. The company is a domestic company with a long-term strategic vision of building American-made distributed computing and digital asset infrastructure accessible to everyday consumers - not exclusively to institutional mining operations or large-scale financial intermediaries.

MMotors Inc. respectfully submits this public comment in strong support of the commissioner's announced Innovation Exemption framework, the Advance, Clarify, Transform strategic agenda articulated by Chairman Atkins at the Economic Club of Washington on April 21st, 2026 and the broader regulatory modernization initiative embodied in Project Crypto. We write as an early stage American technology innovator whose entire product development roadmap has been designed from its inception to operate within a principles-based, innovation-friendly regulatory environment of exactly the kind the Commission is now working to establish. The regulatory clarity being delivered by this Commission in 2026 is not merely welcomed by companies like ours - it is frankly, the precondition for our existence as an American company rather than one forced offshore by regulatory uncertainty.

The Commission's prior framework - which Chairman Atkins has rightly characterized as one where innovators who engaged with the SEC "often found an investigation waiting for them" - created a chilling effect on domestic digital asset development that extended far beyond the companies directly targeted by enforcement. The reputational and legal risk associated with operating at the frontier of digital asset infrastructure caused entire categories of legitimate innovation to be either abandoned by American founders or relocated to jurisdictions with clearer growth supportive rules. MMotors Inc. is among the companies that conducted extensive internal deliberation about whether to pursue certain product features and revenue architecture precisely because the prior framework provided no principal guidance on where permissible innovation ended and potential securities exposure began.

The joint SEC-CFTC interpretive release of March 17, 2026, establishing the five-category digital asset taxonomy - Digital Commodities, Digital Collectibles, Digital Tools, Payment Stable coins, and Digital Securities - represents a foundational clarification that enables companies like MMotors Inc. make product architecture decisions with confidence for the first time. The knowledge that Bitcoin and other proof-of-work digital commodities fall outside Commission jurisdiction for securities purposes, that utility-based NFT collections constitute Digital Collectibles rather than securities, and that payment stablecoins occupy a distinct regulatory category governed by stablecoin legislation rather than securities law, allows innovators to structure their operations with legal certainty rather than legal guesswork. MMotors Inc. commends the Commission and its staff for this taxonomy and urges its rapid codification into formal rulemaking.

MMotors Inc. operates at the intersection of several technology categories that the Innovation Exemption is uniquely positioned to serve. Specifically, we are engaged in developing consumer-facing digital asset earning infrastructure-technology that generates Bitcoin through ambient energy harvesting embedded in consumer digital wallet architecture, a proprietary branded digital asset network, and a payment stablecoin designed to enable seamless consumer commerce at retail locations operated by MMotors.' corporate partners. Each of these four product categories sits at a different point in the regulatory taxonomy established by the March 2026 interpretive release, and the Innovation Exemption's principles-based approach is precisely what allows a company operating across multiple asset categories simultaneously to seek regulatory engagement without being required to navigate four separate and potentially contradictory regulatory frameworks in sequence.

MMotors Inc. specifically supports the following elements of the Innovation Exemption as described by Chairman Atkins and in the Commissions public communications:

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About Us - Our Traction

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Our traction stays within our powerful vision helping us to see and build for what others are not paying attention to. Our proprietary integration of cryptocurrency hash rates and luxury consumer concierge goes far. See what we’ve accomplished first in a series of our milestones here

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Most 50 million dollar mining farms are built to devour huge amounts of electricity, create enormous heat surges with unbearable noise pollution thresholds all to do only one stream of revenue – mine Bitcoin. At MMotors Inc., we have one luxury device that the consumer carries with them, is quiet and produces as much hash rate with 8 streams of revenue from one device.

elikim shabazz

Excerpts from Internet Markets watchers

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333 East Main Street, Xenia, Ohio 45385

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