Elio Crowdfunding

[Jim H]

Yes, from a self-interest point of view, if you want an Elio and to support the company, maxing out your reservation is the way to go. But buying into the company makes a different kind of statement. Looked at another way, if 6,000 people reserved a car at 1,000 each, that's 6 million bucks for Elio. But if 6,000 people actually invest at amounts over 1,000 -- well, right now, that looks like $21 million for Elio -- with correspondingly greater risk for the investor.

But sometimes it just feels good to get in on what may prove to be the ground floor and immensely profitable 10 years from now.

I may be an exception but my pledge of $5000 was not about making a huge long term profit (just hope to break even). Hell, I hope to still be driving my Elio 10 years from now but due to my age most actuarial tables aren't that encouraging. My goal is to help Elio get into production so I can have at least a few years to enjoy it and know I was part of the group that made it possible for everyone else.

 

[AriLea]

Elio motors link is back to native format, straight to the original EM pages. You have to go to www.StartEngine.com to see the fundraiser pages. Now says 94%, so maybe not fixed yet.

So maybe soon EM will soon put out a statement on the health of the campaign. Something like still collecting but essentially ( or nearly ) met the request at over 90%. And hopefully we'll see 44K reservations today, or close to it.

You know, this was a way for Elio interested people to put their own money in. Where the fund emails match to Elio's own list of reservation emails, that's easy to qualify. The rest will take more work.

 

[Ian442]

I am one broke puppy at the moment. BUT I pull and talk about this project to anyone that will listen. I want Paul Elio to succeed.

 

[Johnny Acree]

Elio motors link is back to native format, straight to the original EM pages. You have to go to www.StartEngine.com to see the fundraiser pages. Now says 94%, so maybe not fixed yet.

So maybe soon EM will soon put out a statement on the health of the campaign. Something like still collecting but essentially ( or nearly ) met the request at over 90%. And hopefully we'll see 44K reservations today, or close to it.

You know, this was a way for Elio interested people to put their own money in. Where the fund emails match to Elio's own list of reservation emails, that's easy to qualify. The rest will take more work.

I think it's just EM doing away with the automatic link to SE.
I see the link to SE is just below the reservation numbers in orange.
It seams like they would do this stuff at night.

 

[Ekh]

Here we go again. We have gone from 23,468,649 (supposedly), with 6137 participants, to $23,520,399 with 6,140 participants. In other words, 3 people have supposedly expressed interest in ponying up $51,750. Not too likely. Let's see if these numbers drop. I suspect they will.

 

[bowers baldwin]

I wonder how they weed out some of these, like if I went in and added $50K, I have a known email, I already pony'd up $1K, would I get an email or phone call to verify? or would they just knock me off because it looks suspicious?

 

[bowers baldwin]

 

[AriLea]

I wonder how they weed out some of these, like if I went in and added $50K, I have a known email, I already pony'd up $1K, would I get an email or phone call to verify? or would they just knock me off because it looks suspicious?

I think the only thing they knock out is the web page and estimates for the SEC. They'll still attempt to connect with that email, just-in-case it's real. Maybe pop it off the list if no reliable confirmation.

 

[Johnny Acree]

I read somewhere they are vetting? all amounts above $20,000.00

 

[bowers baldwin]

I think I'll pledge $2M and see if I get an email.....