Welcome to Elio Owners! Join today, registration is easy!
You can register using your Google, Facebook, or Twitter account, just click here.1:30 PM 7/19
$22,858,099
5,980 "investors
$4,181 average for the whole campaign. There have only been 50 new participants since 4:54 yesterday afternoon.
Those 50 have "pledged" only $100,850 in the last 21 hours. This is beyond slowing to a trickle. It's slowing to a faucet drip.
Average since I last reported: $2,017 per "investor."
Any speculation on what's killed the program? Elio needs another positive news piece in the financial press.
My hope is that this plus the P5 will get the DOE off their asses.the good news is, the number of investors matches well with the average amount shown .... that leads me to believe there is a good probability they are valid .... more good news would certainly help but even if they don't get to 100% by the end of the month (I tend to believe that they will) the number of folks who have stated that if the terms are as anticipated plan to increase their pledge will kick in more money .... I've very upbeat, if they can get the government in gear so that they can collect the funds, I believe we will see immediate progress
My hope is that this plus the P5 will get the DOE off their asses.
I wish we could arrange to drive the P5 onto the Capitol steps ... with a simple sign saying 84 mpg needs DOE support. Then hand out flyers with the facts about the ATVM loan app to all who stop by ...I share that hope .... having spent 30+ years working in state government, outside of a call from some person in power , I have no clue what it it will take to get the DOE in gear ....
You're right of course ... but these last couple of days have seen a real decline in the frequency of "pledges" and in their average amount ... now being measured in hundreds, not thousands of dollars ... it's a long way to go to 25 million. In fact, at $100K / day, it's another 30 days or so."only $100,850" only $100K is not really something to sneeze at; that is still a fair chunk of change in a day.