Elio Crowdfunding

[LillyMayPatterson #1685 & #5648]

EKH, maybe they did read the small print ......... JOKING !!!

 

[LillyMayPatterson #1685 & #5648]

dID YOU ALL SEE WHAT JUST HAPPENED?
time Total difference pledges differnce average.
12:38 PM $30,097,962.00 $500.00 8248 1 $500.00
1:40 PM $30,103,912.00 $5,950.00 8252 4 $5,946.00
3:06 PM $30,105,212.00 $1,300.00 8254 2 $650.00
5:36 PM $30,126,212.00 $21,000.00 8257 3 $7,000.00
8:41 PM $30,158,462.00 $32,250.00 8271 14 $2,303.57
9:00 PM $30,167,712.00 $9,250.00 8277 6 $1,541.67

 

[JEBar]

the when will they file question was answered today in Elio Motors Momentum v16 :

"Finally, and perhaps most importantly, this week we will file with the SEC to seek authorization to offer shares based on the recent “testing the waters” phase of our equity crowdfunding effort. We’ve taken advantage of Regulation A+ of the Jumpstart Our Business Startup (JOBS) Act of 2012 to gauge the interest of those who might want to own a piece of Elio Motors.

It’s up to the SEC to make that final determination, but just looking at the final numbers, we’d say interest is definitively high. Our goal was to reach $25 million in non-binding expressions of interest. As of today, we’re at more than $30 million from approximately 8,200 people.

The next steps are for the SEC to review our filing. Those in the know estimate that it will take between 30 and 90 days for the SEC to provide comments on our submission. After that, we file an amended offering statement until the SEC is satisfied. This may take a few rounds of comments and filing of amended offering statements.

We’re hoping to receive authorization to make a formal stock offering a few weeks after that."

 

[LillyMayPatterson #1685 & #5648]

That is about $10,000.00 an hour. Well, That is good news and apparently folks have been waiting for such news and finally putting down their pledges. Tic Tock Tic Tock. Hey Ari, It a bad time to quit watching. Come back.......................

 

[Ekh]

$30 million makes a nice round number to call it a game and go on to the next phase. Go Elio!

 

[LillyMayPatterson #1685 & #5648]

Yep, That might of been the kick in the butt Elio needed. Do you see what is happening with the pledge numbers in the last few hours? Since that email?

 

[Ekh]

Yep, That might of been the kick in the butt Elio needed. Do you see what is happening with the pledge numbers in the last few hours? Since that email?

nope, I'll go take a peek.

 

[Ekh]

$30,186,212 at 9:34 pm EDT. Yep, it's bouncing.

 

[LillyMayPatterson #1685 & #5648]

Average bid is $3,000. One guy did $20,000 at 11:00 AM !!!! It hasn't been corrected.

 

[Adamant]

the when will they file question was answered today in Elio Motors Momentum v16 :

"Finally, and perhaps most importantly, this week we will file with the SEC to seek authorization to offer shares based on the recent “testing the waters” phase of our equity crowdfunding effort. We’ve taken advantage of Regulation A+ of the Jumpstart Our Business Startup (JOBS) Act of 2012 to gauge the interest of those who might want to own a piece of Elio Motors.

It’s up to the SEC to make that final determination, but just looking at the final numbers, we’d say interest is definitively high. Our goal was to reach $25 million in non-binding expressions of interest. As of today, we’re at more than $30 million from approximately 8,200 people.

The next steps are for the SEC to review our filing. Those in the know estimate that it will take between 30 and 90 days for the SEC to provide comments on our submission. After that, we file an amended offering statement until the SEC is satisfied. This may take a few rounds of comments and filing of amended offering statements.

We’re hoping to receive authorization to make a formal stock offering a few weeks after that."

"Stock Offering" and "Owning a piece of Elio"..... does this means that those who invest will make money on Elio if Elio makes it big?