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What Is The Latest Start Production Date?

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Coss

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https://www.prnewswire.com/news-rel...en-pre-sale-to-fund-production-300716124.html

Nothing comes up when you search on the JonesTrading website about Elio Motors. If the agent selected has no information, did any institutional investors buy in the pre-sale window?
I have no idea, how they did the sale, or what the buying consisted of, as I said, I'm not the one to ask about buying or selling ElioCoins.
It's way over my spending allowance. Sorry, but as mentioned, I'm not the person to ask. It's way over my spending limits.
 

Trusting

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It all sounded like smoke and mirrors to me, so I've been resisting, but today I finally took time to learn about bitcoins. In short, it still looks like smoke and mirrors. It appears it's creating value where there is none. And, I'm sorry to say, I don't like that Elio got into this. You can all do what you want, but I am not going to have anything to do with it. See, I told you it would be short....
 

Sega

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It all sounded like smoke and mirrors to me, so I've been resisting, but today I finally took time to learn about bitcoins. In short, it still looks like smoke and mirrors. It appears it's creating value where there is none. And, I'm sorry to say, I don't like that Elio got into this. You can all do what you want, but I am not going to have anything to do with it. See, I told you it would be short....

You should look up Bitcoin and the Bitcoin Cash fork. Long story short, if you had so much bitcoin, it split and you ended up with the same amount of bitcoin, but also had a percentage of bitcoin cash. It was essentially free money and It baffles me how it happened. You should listen to Peter Schiff. He's a financial guy. He does sell gold, so you have to take that into consideration, but iirc, he called the housing bubble and looks at actual numbers. He isn't just some blowhard that goes on tv and brags about the newest thing.
 

RSchneider

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After reading these posts, everyone needs to remember something. ELIOCOIN IS NOT A CRYPTOCURRECY, IT'S A SECURITY TOKEN!

Just because it has "coin" in it's name, does not make it a currency. They should have called it "Eliotoken" instead of "Eliocoin" and there would be much less confusion. The STO is just like an IPO. So remember when Elio was going to be on NASDAQ? They needed $100M in accredited investors before they were listed. Now, they are only looking for $25M for accredited investors before they get listed. The Eliocoin will fluctuate just like a stock will. Company becomes a runaway success, a $10 token today could be worth $300 in a few years. Company tanks, then it could be $0.01. Just like a stock. Both are regulated by the SEC. On the other hand, it won't be delisted from someone like NASDAQ ot be relegated to OTC penny stocks.

It's up to Jones Trading to get those accredited investors and thus the reason why when Elio posts pics of the car in places like NYC, they are doing a dog and pony show for potential accredited investors. Those accredited investors can buy way more tokens than unaccredited. So you could hit $25M with just one investor as opposed to waiting around for 100,000 small time investors, which could take years or never happen.

For example, let's say that I agree to buy $10M in tokens for $10 each (1,000,000 tokens). The thing is, I'll have a lock on those tokens for something like 24 months. I'm betting that Elio will be up and running before those 24 months, the car gets rave reviews, the whole ordering, delivery and service system is running smoothly. All of this and another 300,000 people sign up for cars. The token goes to $200. Come 24 months, I get unlocked and sell 250,000 tokens at $200 each. That's $50M and I just made a $40M profit in 24 months. Not a bad return. On the other hand, if the company tanks and my token is now worth $1, I have a $9M loss in 24 months. Since I'm accredited, I can take that loss because I got the financial security to back that up.

As an unaccredited investor, the tokens go on sale for an opening for $20 each. It goes on sale for that because people realized that accredited investors are confident enough that they put their large amounts of money down and willing to sit and wait. That gives unaccredited investors the confidence that Elio will do really well. You have $10K you want to invest and you buy 500 tokens. In 24 months you are now sitting on $100K, so you cash out 150 tokens and walk away with a $20K profit. On the other hand, if it tanks to $1, you are looking at a $9,500 loss. That's something you can handle because you know that it was a risk. In the end, the more money you have, the more you can make. It's that simple.

Accredited investors get to know all of the answers of the questions we ask here. Since we are unaccredited, we only get a tiny amount of information and have to guess at many things. Since the accredited investor knows lots more info, they have to sit on a lock down period because they could manipulate the market so they could profit and everyone else lose. With the unaccredited lock down, both can lose or profit, just some a greater percentage.
 

RSchneider

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raptor213

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This should help the Elio start date. Byrne going all in for Security Tokens and getting out of Overstock. With this kind of attention, tZero will be up and running and his investment in Elio will get much more too. I expect so see some more Eliocoin STO news after this happens. Elio Motors is his ticket to tZero's success.
https://thetokenist.io/patrick-byrne-and-overstock-com-go-all-in-on-security-tokens/
So assuming tZero's trading platform is up and running by February 2019, and Elio is one of Patrick Byrne's first priorities, then ElioCoins might be trading publicly between/among accredited institutional investors by Mar/Apr 2019?

By my projections, assuming the initial listing of ElioCoins for purchase nets real cash-in-hand for Elio Motors, and the equity sale of ElioCoins is what Paul Elio & company are anxiously awaiting before progress may continue forward, and the 76-week timeline from funds receipt to production readiness is adhered to, Elio vehicles won't be rolling off the assembly line until Q4 2020 or Q1 2021.

Given the circumstances of that realistic projection, which I consider overly optimistic, I have to say my sights have shifted to the Sondors EV. But there is still an unmistakable allure surrounding the acquisition costs of a potential Elio, should it ever actually get produced. With a lock-in base price of $7000 less a non-refundable deposit and bonus netting $1,500, buying an Elio would cost many of us $5,500 before options, taxes, tags, title, registration, delivery, etc. That's quite a value proposition for a brand new warrantied personal mode of transportation. I just struggle to objectively follow the numbers and dates and arrive at a conclusion that involves Elio's ever getting produced prior to 2021, if at all.
 
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