Paul Elio At St Francis University

[Past Fanatic]

You didn't read the SEC changes.
They relate to "Equity Crowd Funding"
The rules have changed....

How about a 'link'? Here is their most current SEC Form D filing: -- http://form-d.findthecompany.com/l/188960/Elio-Motors-Inc -- Clearly, a DEBT offering (with "No Revenues") and not EQUITY.

Did you start a real business based on your little "business plan" or did you just turn it in to your instructor for credit?

An 'assignment'.... and got a decent grade....... how about YOUR background?

 

[goofyone]

Just to clarify things a bit EM is not abandoning the current ongoing 506(C) fundraising process to raise $30 million as Paul Elio mentioned this specifically in the press conference. EM is actually expanding that offering with the addition of a new brokerage firm providing more services. EM is also apparently preparing to expand their fundraising effort to take advantage of the new equity crowdfunding option for both accredited and non-accredited investors which is becoming available thanks to the new SEC rules taking effect in June.

The new SEC regulations are related to Title IV of the JOBS Act and are actually overdue. These rules seriously expand how EM can raise money as they specifically allow for directly investing in companies via equity crowdfunding from non-accredited investors and allow small businesses to raise up to $50,000,000 each year, from both accredited and non-accredited investors, before serious and expensive SEC reporting rules become necessary.

www.forbes.com/sites/chancebarnett/2015/03/26/infographic-sec-democratizes-equity-crowdfunding-with-jobs-act-title-iv/

 

[NSTG8R]

How about a 'link' to the 'new changes', and how they affect Elio Motors? Here is their most current SEC Form D filing: -- http://form-d.findthecompany.com/l/188960/Elio-Motors-Inc -- Clearly, a DEBT offering (with "No Revenues") and not EQUITY.

Search engine on the blink?o_O

http://bostinno.streetwise.co/2015/...rowdfunding-rules-make-everyone-a-startup-vc/

 

[Past Fanatic]

Just to clarify things a bit EM is not abandoning the current ongoing 506(C) fundraising process to raise $30 million as Paul Elio mentioned this specifically in the press conference. EM is actually expanding that offering with the addition of a new brokerage firm providing more services. EM is also apparently preparing to expand their fundraising effort to take advantage of the new equity crowdfunding option for both accredited and non-accredited investors which is becoming available thanks to the new SEC rules taking effect in June.

The new SEC regulations are related to Title IV of the JOBS Act and are actually overdue. These rules seriously expand how EM can raise money as they specifically allow for directly investing in companies via equity crowdfunding from non-accredited investors and allow small businesses to raise up to $50,000,000 each year, from both accredited and non-accredited investors, before serious and expensive SEC reporting rules become necessary.

www.forbes.com/sites/chancebarnett/2015/03/26/infographic-sec-democratizes-equity-crowdfunding-with-jobs-act-title-iv/

That is 'interesting', hope it works; the past attempts sure didn't. Better get your checkbooks and credit cards ready! Wonder how much of the $50 million / year they can raise?

 

[WilliamH]

How about a 'link'? Here is their most current SEC Form D filing: -- http://form-d.findthecompany.com/l/188960/Elio-Motors-Inc -- Clearly, a DEBT offering (with "No Revenues") and not EQUITY.

An 'assignment'.... and got a decent grade....... how about YOUR background?

Retired from Bell Labs 15 years ago at 55 years old.
At the time I retired I was a software and platform development manager responsible for the hardware implementation and software design of a RAID 51 system that was responsible for $25 billion / yr of cash flow. Included about 4 major software upgrades per year.
My staff included 5 PhDs, 6 MBAs, and about 10 contractors.
If you had read the Forbes piece and listened to Mr. Elio you would have heard that the new offering through Network 1 is an equity offering.
As I said, you apparently only hear what you want to hear.

 

[JEBar]

That is 'interesting', hope it works;

you hope it works ..

.. good joke

but today is April 5th, not April 1st

 

[pistonboy]

Psychologist say "Women like a man who is a good provider."
What BS! That is a white washed way of saying "Women like a man with money."

Let me make a clarification.

Yes, women like a man with money, but men like women with other attributes which are no more admirable.

They are still human, still equal, and both still have challenges to overcome.

 

[Past Fanatic]

I was waiting for the Official Announcement "tomorrow", according to Paul Elio's speech. NOTHING on the Elio Motors or the Network 1 Financial websites. I guess a major "stakeholder", was unable to attend.

 

[Past Fanatic]

you hope it works ..

.. good joke

but today is April 5th, not April 1st

Sure, IF they make it to Production..... I'll probably get an Elio BEFORE you, and not 'lose' $1,000. If I don't like it, I can sell it; and probably make money. WIN, WIN; ...... but I won't give them another dollar, because I don't TRUST them, and don't appreciate their 'deceptive' advertising, "Transparency", and their BLOCKING of 'paying customers', instead of answering valid questions.

 

[pistonboy]

I liked the following: