when you say make it move... do you mean something like make it spin?
well, some of the lua is documented... josh has been updating things as he goes... if you open the script editor and click the help menu>Help or press F1 it will bring up the basic lua script wiki documentation. Also, the Entities has lua commands listed.
the following code just allows your model to have the very basic accessible properties:
require("scripts/class")
local class=CreateClass(...)
if you have that alone saved in your model's lua script it will allow you to access the standard properties like color, material, physics, etc... You can either right-click on the model thats listed in the right panel of the editor or select the model in the scene and press Alt+Enter to open up this property dialog.