What Is Elio Stock Trading For Today?

Some PINK definitions:

Pink Current Information

Companies that follow the International Reporting Standard, the Alternative Reporting Standard, or are current in the SEC reporting obligations are designated as Pink Current Information.


Pink Limited Information

Companies that have posted limited financial information through the OTC Disclosure & News Service or are late in their filing obligations with the SEC are designated as Pink Limited Information.


Pink No Information

Pink No Information companies are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group.

As Elio is "Pink Current Information", this might indicate something else is happening. Maybe not.

See https://www.investopedia.com/articles/investing/070313/use-caution-trading-pink-sheet-stocks.asp
For more information. The following is from there:

Buyer Beware

Investors should be aware of four cautions. First, most OTC stocks do not meet the minimum requirements for most exchanges and do not file with the SEC. Therefore, credible and reliable fundamental data are not available for analysis. Second, historically Pink Sheets stocks are penny stocks and are often near-insolvent companies. Third, some stocks are illegitimate shell companies set up to scam investors by issuing press releases and having “analysts” promote the stock and issue more worthless shares. Fourth, pink sheets only has one requirement for a company to list: A company needs to have one market maker quoting its stock. The listing companies do not have to provide any financial information at all.

(Bolded by me)

All I can say is ... "Oh My"

Took a long time, but pink finally happened. Least will save them some money on the listing and they won't have to pay for the reports. Hopefully we will never get the skull's and crossbones.

IF Elio Motors goes bankrupt, what would Paul do? He probably has money in the bank (millions?). Would he just disappear and retire? Would he seek out another startup to join? Would he start over in trying to get the Elio built? My guess is that he does not have a "Plan B". He is probably just taking it one day at a time. Even the plant in Louisiana will be in trouble soon. The equipment is getting so old that finding replacement parts and getting it serviced/maintained, may be a major issue. Any new owner would have to seriously consider the machinery worthless. Maybe worse. It will cost money to remove and scrap it.

Still, I started this comment with a big IF. I hope they do not go bankrupt and some kind of miracle happens soon so that production may start.

Maybe Paul will just change his name.

for what it's worth

Elon Musk failed companies
Elon Musk has had lots of failure while taking Paypal, SpaceX and Tesla to success. ... Fellow Inc. contributor Alyssa Satara recently shared Musk's take on failure: Failure is an option here. If things are not failing, you are not innovating.Jun 29, 2018
Why Elon Musk's Entrepreneurial Failures Should Give You ... - Inc.com

https://www.inc.com/.../why-elon-musks-entrepreneurial-failures-should-give-you-confi...
Search for: Elon Musk failed companies

Strange, but Elio stock just went up to $1.99 (11:00 EST)
Wonder why. Does somebody know something, or are they just pumping up the stock one last time before selling it all?

Made in USA said:

Does somebody know something,

Click to expand...

That's called insider trading and it's illegal. Thus it better not be that because if it is, Elio is out of business. Nobody wants that. As soon as there is information, then the stock will go up. Until then follow the Elio blog for the latest updates, then buy or sell accordingly.

RSchneider said:

That's called insider trading and it's illegal. Thus it better not be that because if it is, Elio is out of business. Nobody wants that. As soon as there is information, then the stock will go up. Until then follow the Elio blog for the latest updates, then buy or sell accordingly.

Click to expand...

You mean the latest updates from 2017?