Elio Crowdfunding

[Bilbo B]

A semi snarky, semi supportive article on the A+ offering from Master Herald:

http://masterherald.com/elio-motors...ous-trolls-company-still-moves-forward/24173/

 

[AriLea]

113% Reserved $28,433,510
, 114% is in scope in just $66,490!

Edit: oops, for some reason thought that 1 was a 7, but should have been a 6, bad either way! fixed it.

 

[Ekh]

A semi snarky, semi supportive article on the A+ offering from Master Herald:

http://masterherald.com/elio-motors...ous-trolls-company-still-moves-forward/24173/

Thanks. I posted a reply:

Yes, the amounts being bandied about are only expressions of interest. But with a lot of the troll-work thrown in the slime pit where it belongs, Elio does stand at over $28 million in “interest.” From the SEC’s point of view, this makes a powerful demonstration that potential investors consider Elio a good enough bet to want to be in on the ground floor.

This whole exercise is energizing in a number of ways. It legitimizes the concept of Reg A+ funding; it has surfaced the problem of trolls wanting to poison anything they can reach, and so put future users of the system on guard; and, finally, it should at the very worst kick in well over $20 million to Elio Motors to get on with their program.

Elio is a risky investment, but ultimately may prove very profitable. Only time will tell — and injections of cash by this and other means.

 

[bowers baldwin]

 

[LillyMayPatterson #1685 & #5648]

$25,000,000
Funding Goal



113%


Reserved



$28,458,510


in non-binding indications of interest received so far





7701

 

[AriLea]

OK now $22,990 left, $28,477,010

 

[LillyMayPatterson #1685 & #5648]

113%
Reserved
$28,480,260
in non-binding indications of interest received so far
7711

 

[AriLea]

$28,488,760
we're getting there Lil !

 

[bowers baldwin]

 

[AriLea]

$28,490,010