And there you go. We're officially into latter part of 2020 before any Elio's roll off the line, still 76 weeks..Did not change with new drive train. That's if funding was this week! I think it's safe to say the initial offering of ElioCoin was a bust. it was supposed to have closed on...
Now here is a nice upgrade- https://jalopnik.com/cosworth-says-it-made-a-250-hp-naturally-aspirated-thre-1831041322
Can you imagine a non-turbo, 250HP Elio?
Patrick Byrne obviously has a vested interested and I hope he has more influence with Elio management going forward. Paul has no experience in this area. He keeps blaming others why Elio fails to make it to production. He may be a decent engineer, but that doesn't equate to being a good CEO...
I pray that it's not the Fiat/Hyundai/ platform. The Firefly N4 engine, an I-4 and being 100 HP, fits in the "nearly a 100% increase in Horsepower" profile. It's made in Brazil. The smallest EcoBoost 3 is 99 HP. I'm hoping for Ford, bring on the Germans! I may be wrong, but I don't see any...
The SEC doesn't recognize STO's or whatever they want to call themselves. tZero is marketing themselves as an STO platform with an Alternative Trading License (ATS), securitized to an asset. They are attempting to legitimize STO cryptocoins tied to an asset, instead of just ether; the bulk of...
It will be interesting to see if the pre-sale ends on October 15th, or be extended. They are looking to raise $25 million in the pre-sale. Right now, there's no market platform to trade the coins. tZero, Overstock's subsidiary is the proposed trading platform, but it's not running quite yet...
Where's your statistical data on not being reliable? Ford EcoBoost is a family of engines, which are unique between themselves, but collectively share design attributes such as all being turbo-driven. Back up your claim with verifiable, statistical data.
The Fox family of the 1.0L EcoBoost...
On the contrary, from today's 1-K filing:
"Customer Reservations. Customer reservations have provided significant funding for us in the past and we expect reservations to be a significant source of short-term liquidity in the future. With each progressive step in our development, we have...
You indicated you paid for Backpage ad in Bitcoin, but Backpage itself is not a cryptocurrency exchange (nor do they exist anymore, thanks to a Federal raid. Hmm, both Backpage and Elio are based in AZ...). You would have had to have established an account from an exchange such as Coinbase to...
Yup, agreed. Never really understood the Nasdaq filing since little OTC interest, Notwithstanding given that Institutional investors generally stay away from OTC. Even since the S-1, Elio went down a notch in OTC quality. Nasdaq seemed to be dead on arrival.
I'm hopeful on ElioCoin. I have to...
Elio just pulled the S-1 Registration. That means no Nasdaq listing. Looks like everything is bet on ElioCoin
https://ir.eliomotors.com/sec-filings-email/content/0001140361-18-019497/s002237x1_rw.htm
Just found since revised press release yesterday from Very LLC, a blockchain consulting organization that they are working with Elio on their upcoming Initial Coin Offering (ICO- think BitCoin).
The article was about Very being named "Very LLC Named Top 10 Blockchain Solution Provider by...
Currently, realized losses can be deducted up to $5000/year in most tax basis categories. If you have more, you can apply that to tax years forward until the entire cumulative loss is realized. The 2018 tax code changes do not change this, nor does it change the application of short/long term...
Tax credit? There's is no Tax Credit for Capital Gains or Losses. They are treated completely separate and distinct from your deductions, be it standardized or itemized. If you sell, it's either a Capital Gain or Loss. The tax rate applied is either Short Term < Year or Long Term >= a Year. The...
Lack of demand at fire sale price, and dropping to lower quality OTC tier, doesn't bode well for potential Nasdaq listing/interest/pricing, if that ever comes to fruition. Granted, there are investors, especially institutional, that never bet on the OTC.
Why hasn't Elio updated the...
Capital Gains/Losses are distinct from whether or not you itemize or take the standard deduction. You have to declare them regardless. You benefit from a potential lower tax rate for those holdings you keep over a year. For losses, you can claim up to $5000/year and carryovers are allowed if...