Why Is The Stock Price Dropping?

[Elias]

Don't be alarmed about $19.25. The Elio will sell like the iphone. Watch and enjoy the ride for those who invested.

 

[bunchathrees]

There has been a new 1-U posted.

It mostly explains the new Stock option plan. The nice thing about stock options, from an investor standpoint, is that they are worthless unless the price appreciates. From an employee standpoint, they are much less attractive than restricted stock, but are infinitely better than a sharp stick in the eye.

There is also a statement indicating that Paul paid back the two loans (from Elio Motors to Paul) from 2014 and 2015.

 

[KD]

There is also a statement indicating that Paul paid back the two loans (from Elio Motors to Paul) from 2014 and 2015.

You sure that isn't a misprint?

I recall seeing posts, on Facebook I believe, about how the people who claim this is a complete unadulterated scam, that Paul NEVER repays loans. Part of how the whole scam idea works.

But that is good news indeed, shows healthy progress at a good time.

Go team Elio!

 

[Marshall]

You sure that isn't a misprint?

I recall seeing posts, on Facebook I believe, about how the people who claim this is a complete unadulterated scam, that Paul NEVER repays loans. Part of how the whole scam idea works.

But that is good news indeed, shows healthy progress at a good time.

Go team Elio!

SEC filing or Facebook? Which should I believe?
I believe the odds are:
Both guesses/lies 50%
SEC correct 45%
Facebook correct 5%

 

[bunchathrees]

You sure that isn't a misprint?

I recall seeing posts, on Facebook I believe, about how the people who claim this is a complete unadulterated scam, that Paul NEVER repays loans. Part of how the whole scam idea works.

But that is good news indeed, shows healthy progress at a good time.

Go team Elio!

From page 12 of 30: "Advances to Paul Elio. During 2015 and 2014, we advanced a total of $328,014 and $74,966, respectively, to Paul Elio, our Chief Executive Officer. The advance accrued interest at the Federal Funds rate per annum, is due on demand and is reflected on the balance sheets as other current assets. Full repayment of principal and interest was made by Mr. Elio on May 3, 2016."

 

[Elio Amazed]

From page 12 of 30: "Advances to Paul Elio. During 2015 and 2014, we advanced a total of $328,014 and $74,966, respectively, to Paul Elio, our Chief Executive Officer. The advance accrued interest at the Federal Funds rate per annum, is due on demand and is reflected on the balance sheets as other current assets. Full repayment of principal and interest was made by Mr. Elio on May 3, 2016."

Soooooo...
Is Paul moonlighting at Starbucks?

 

[W. WIllie]

It kinda makes you wonder, where did the money come from to "pay back the "Loan".?

 

[bunchathrees]

Kentucky Derby was just run.

 

[Coss]

It kinda makes you wonder, where did the money come from to "pay back the "Loan".?

We'll probably never know.

But really, does it make a lot of difference where it came from?

 

[W. WIllie]

Maybe a "manulipation" of the books, like most Big Businesses do.