Elio Crowdfunding

[LillyMayPatterson #1685 & #5648]

Start engine is gathering potential investors information. The more email addresses they get the more money they will collect after the SEC approves the paper.

 

[Ekh]

The only reason were noting them is a few of us are plotting the curves over time, and you need that number with the time stamp. As far as how it maters, well, it makes the funding appear more likely to fulfill the need for the E1-25 build. That build and testing is the current critical bottle-neck that affects investor perception.

You can gage the continued interest long term by projecting the curves. And the long term matters until all funds are acquired. Anyway, personally I don't think any more numbers are needed after 120% is reached.

But one more thing, once you have a trend plotted, if anything else happens, like completion of the P5, or other event, you can see if it changes the interest and expectations from perspective A+ investors. This should relate to what the reactions from other entities such as the 506c population or widening the diversity of the buyer population would be. The silent majority might become less silent if tickled. This helps at proving that.

Another important reason for keeping the "test the waters" campaign running is to generate contact information for people who are definitely interested in investing in Elio Motors. When the actual solicitation is made, EM's agents will email, and probably call, every one of those folks. Probably more than once! It's a 24K gold mailing list, and the more names that are on it, the better.

I don't know if during the actual fund-raising, EM is ALLOWED to cold-call people who aren't on the list. If they're not, that makes the "expressed interest" list even more important.

 

[NSTG8R]

Another important reason for keeping the "test the waters" campaign running is to generate contact information for people who are definitely interested in investing in Elio Motors. When the actual solicitation is made, EM's agents will email, and probably call, every one of those folks. Probably more than once! It's a 24K gold mailing list, and the more names that are on it, the better.

I don't know if during the actual fund-raising, EM is ALLOWED to cold-call people who aren't on the list. If they're not, that makes the "expressed interest" list even more important.

Excellent point on the 24K gold mailing list! Some will most likely bail on the offer, but I, for one, will most likely double-down [pending reading the fine print].

 

[bowers baldwin]

 

[Cache Man]

Adamant, You crack me up. You post this:

I'm sorry, I'm still not fully understanding. Can someone please explain to me why we're keeping track of this number at this point if PE can't just take the funds whenever he wants? Does it matter when it hits $30m or $35m or $40m? At what point do these funds actually mean something?

Then your next post is this:

$29,799,402 in 14 minutes. Not bad.

 

[LillyMayPatterson #1685 & #5648]

I understood Adamant. Kind of like football. I don't understand a day done thing but it is exciting.

 

[Adamant]

Adamant, You crack me up. You post this:

Then your next post is this:

Might as well keep up with the count, even if I didn't understand it.

 

[outsydthebox]

When the actual solicitation is made, EM's agents will email, and probably call, every one of those folks. Probably more than once!...
.

I tend to think EM will e-mail everyone ONCE! I I feel that there are sooo many who will "up" their original amount, that the goal will be completely met within 48 hours.

 

[Coss]

I tend to think EM will e-mail everyone ONCE! I I feel that there are sooo many who will "up" their original amount, that the goal will be completely met within 48 hours.

I don't know if it will be that fast, but I would put it at $20mil within the first business week (M-F)

 

[AriLea]

Funding Goal 119% Reserved $29,861,112