Thx, EA.
I appreciate this. Found this in the last SEC filing: average deposit received per reservation of $427. Let's round that off to $24 million in deposits then, if I multiply this with the approx. 58,000 people who made a deposit.
"In total, Elio has raised $96 million including capital from Stuart Lichter and ESG Engineering, funds through crowdfunding, and deposits from potential customers."
We know that $25 million came in through crowdfunding. That means that $47 million was coughed up by private investors.
I take it then that only an accountants report or so will bring light to what comes in and goes out.
This looks more extensive:
http://printarchive.epochtimes.com/a1/en/us/bos/2016/06-Jun/09/BOSEET20160609A03.pdf
All SEC filings:
http://ir.eliomotors.com/all-sec-filings#
I appreciate this. Found this in the last SEC filing: average deposit received per reservation of $427. Let's round that off to $24 million in deposits then, if I multiply this with the approx. 58,000 people who made a deposit.
"In total, Elio has raised $96 million including capital from Stuart Lichter and ESG Engineering, funds through crowdfunding, and deposits from potential customers."
We know that $25 million came in through crowdfunding. That means that $47 million was coughed up by private investors.
I take it then that only an accountants report or so will bring light to what comes in and goes out.
This looks more extensive:
http://printarchive.epochtimes.com/a1/en/us/bos/2016/06-Jun/09/BOSEET20160609A03.pdf
All SEC filings:
http://ir.eliomotors.com/all-sec-filings#
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