Elio Crowdfunding

[John Painter]

Thankfully, EM and other companies are required to articulate the high risks thanks to government regulation implemented to protect eager crowdsource funding investors with little investment background and limited actual venture capital to risk. It's the only reason we have finally been able to document EM's financial situation. We already suspected it was bleak, now we know exactly how bleak. If you believe it's a good investment opportunity and can afford it please throw some money at EM to keep things moving slowly forward.

Like I've said before, I throw about $1,500 bones a year at cable TV. The Elio Motors show is way more fun to watch than HBO and Showtime, heck I might even get to own a vehicle at the end of the show.

 

[AriLea]

Funding Goal 125% Reserved $31,356,129 indications of interest received 8588

Having steam-roller'd over the 125% mark this weekend, that's not too shabby for the first A+ program. Now it's just a matter of time before the P5,E1-25 are built and tested. That will qualify a few more requirements for the AVTM (or ATVM?) loan.

So at after that 1 of 4 things will happen, the ATVM is approved, or some independent funding happens, or a deal is made with private investment that PE has been avoiding up to now, or later PE/EM folds up and quits in 2 to 4 more years.
The first two are the most likely ones PE will accept with-out hesitation. The third will be taken before the last is even considered.

Maybe there are more options we have no idea about. Like a partnership with some major player? This would allow someone like BRD to become a US based company, plus open up Canada right off. Just thinking outside the box!

I'm going to need a hobby to pass the time for a while. Hey wait, I got a hobby, whew!

 

[Ekh]

Like I've said before, I throw about $1,500 bones a year at cable TV. The Elio Motors show is way more fun to watch than HBO and Showtime, heck I might even get to own a vehicle at the end of the show.

Go on Wheel of Fortune. Your odds seem to be about the same!

 

[AriLea]

Go on Wheel of Fortune. Your odds seem to be about the same!

LOL, well just because you don't know the odds of either one, doesn't prove they are the same.

 

[Adamant]

It's crazy to me how this took forever to get from 118%-120%, yet it jumped from 120%-125% in no time at all.

 

[Ekh]

It's crazy to me how this took forever to get from 118%-120%, yet it jumped from 120%-125% in no time at all.

It was the SEC filing that did it -- and the letter Paul sent out saying that when they filed, they'd close the "test the waters" program. That may have been the spur. (Of course the SE program HASN'T actually closed. Maybe Paul meant the actual formal acceptance of the filing).

 

[bowers baldwin]

 

[Ekh]

View attachment 6761

Chugging along.

 

[bowers baldwin]

 

[AriLea]

It's beginning to feel like it's the Energizer Rabbit. They my not shut this off before it gets to 135%. What if it gets to 150% before they send out the last update to the SEC?