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Elio Crowdfunding

AriLea

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Cudo's, I'm proud of you all (and me) you took a 3 hour break!
$25,693,450 it's getting very close to 103% in just $57k more. I'm betting on the program continuing through 110% or more. That would be only a week or so more as a guess.

EM made a press release, but not much more. I think they are keeping any more statements to add into thier expected funding/production announcement after the next suppliers meeting in two weeks.

Until then, we'll just have to find other things to do. I know I got plenty on my own plate!

Quote from the EM email I just got..."And, if you still want in? Fear not, you have time! We are keeping the StartEngine.com link live to evaluate if perhaps our offering statement should be for more than $25 million.."

And goes on to say " Sadly, the way we do this is by ultimately crashing 22 of these 25 vehicles "
So there will be at lease 3 P5 version Elio's on the street I assume. Nice, can I drive one?
 
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AriLea

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Oh shoot me, and bless me both! I looked .. 103% Reserved $25,761,450

That's 31K in 7 minutes? The hackers must be up to thier tricks again, or that Elio Letter is having an immediate effect, but at this time of night? hmmmmmm.

Don't be surprised if things back out again just a bit tomorrow. But on the balance it will be above this level I'm pretty sure.
 

pistonboy

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The email I received from Elio Motors today said: "The dollars raised from this recent Regulation A+ crowdfunding initiative will fund P6 to P30. In doing so, the objective is to validate the design so we can finalize our tooling and production plans."

What is the next step after this? Readying the plant for production?
 

Norahsbed

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The email I received from Elio Motors today said: "The dollars raised from this recent Regulation A+ crowdfunding initiative will fund P6 to P30. In doing so, the objective is to validate the design so we can finalize our tooling and production plans."

What is the next step after this? Readying the plant for production?
I certainly hope so! Let's get this puppy on the road!
 

bowers baldwin

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CompTrex

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The email I received from Elio Motors today said: "The dollars raised from this recent Regulation A+ crowdfunding initiative will fund P6 to P30. In doing so, the objective is to validate the design so we can finalize our tooling and production plans."

What is the next step after this? Readying the plant for production?
Can you tell us (me) what address that email came from? It may have gotten bounced in my email, so I need to add that address to my white-list.
 

Ekh

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Interesting. We're now just shy of a million over goal, and the average amount is $3,753 per participant, which is very consistent. Either the trolls have gotten more expert, or we're getting very consistent interest from small to medium "investors," just what the crowd funding concept is after. BTW, the British term for people who like to play around, especially financially, is "punters." Useful term; we should start using it. "The punters are averaging $3,753 a pop."
 
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