Elio Crowdfunding

[JEBar]

Fake investments may look good for the paperwork, but fake numbers always wind up biting you in the butt. Looks to me like the Troll Police need to stiffen up a bit.

it appears that they have

 

[LillyMayPatterson #1685 & #5648]

ya, You right of course. I suppose it would look good that they caught and deleted them. I remember the last 'great purge' was just after they hit 100%. I wouldn't be surprised if somebody took a week off for the holiday. It's a fun ride either way.

 

[Johnny Acree]

About 300 names got the boot also. Of course they weren't real names any way.

 

[AriLea]

Either way, the chart will recover and continue to climb. Everything will remain debatable until the cash is in the bank.

Edited: but now the site says back to... maybe it checked out, and they put it back?

$25,000,000 Funding Goal 135% Reserved $33,959,754
interest received so far 9278

 

[LillyMayPatterson #1685 & #5648]

$25,000,000
Funding Goal
136%
Reserved
$34,003,654
in non-binding indications of interest received so far
9285
Reservations

 

[bowers baldwin]

 

[Johnny Acree]

Yep, tomorrow, we'll not be surprised if up to 1m gets ripped right back out. But again, does it matter? When they call for the money, it's all good if they just get what they ask for.

You know if I was trying to minimize SE payments, I'd consume the biggest reservation amounts first. Makes ya wonder what the small print looks like on the SE/EM contracts.

They may already be workin on minimizing the lowest pledges. The minimum pledge is $250. and the minimum for the stock offer will be $600. Now people who pledged $250 can still participate, but they will have to meat the $600.
minimum.

 

[Buckeyejake]

Why would they want to eliminate the $250 pledges?

 

[Ekh]

Why would they want to eliminate the $250 pledges?

Possibly because the cost of each transaction is $50. On a percentage basis, the $250 pledges are really expensive.

 

[Johnny Acree]

From Start Engine FAQ
Currently StartEngine offers companies the opportunity to “test the waters” under Regulation A+, and it does not charge any fees.

Once a company's offering is qualified by the SEC and the company moves forward with the offering, StartEngine will take a modest administration fee of $50 per investor for facilitating the transaction. That $50 per investor fee is consistent regardless of the individual investment amount or the overall raise and is paid by the company raising capital, not the investor. StartEngine also reserves warrants to purchase stock in an amount equal to the total administration fees.

EMs fees to SE is a flat fee per name, so would you want to par $50.00 for a $250.00 name, or $50.00 for a $2500.00 name?