Elio Crowdfunding

[Ian442]

I got involved with Total Quality 20 years ago, did the Deming 3-day, but couldn't do that stuff now to save my life. One of the things control charts give you is "flags" for an out-of-control process. 7 consecutive points in one direction, or 7 in a row above or below the line, and you have to ask what's going on. Single events outside the lines tend to be "special cause" events -- if traffic deaths in Ohio are 'under control" with 25 to 30 per week, and suddenly there's a 65 week, your control chart will show that -- and investigation shows that a school bus went over a bridge. Not something you can predict or even have to do something about, even though it's a horrific example. "Common cause" variations are much harder to identify and correct. Those would be trolls, IMO.

Ha-ha. I remember being sent to a TQI class when I was aa two-striper airman. Was completely lost on me.

____

Unrelated was that was the day I found out one of my co workers drowned and two others had to be rescued because they went over a waterfall in a inflatable boat they had no business riding in.

 

[LillyMayPatterson #1685 & #5648]

Funding Goal
143%


Reserved
$35,758,104
in non-binding indications of interest received so far

9658 Reservations

 

[Jeff Bowlsby]

The thing that is impressive to me on the crowdfunding is only partly the escalating $ figures. I think the sheer number of people indicating an interest is the more important metric. ~45K people with hard money reservations. ~10K people interested in investing in Elio stock, all in a pre-revenue company that today has no product. These figures continue to increase daily which indicates strong proof of concept and points to strong viability in the marketplace. Clearly the Elio resonates with a cross section of society not just a subset.

With seeing the photos of the P5, the level of crowdfunding interest, the SEC filing...once the Elio becomes a reality, its going to be very much in demand and it would not surprise me if there will be times when supply cannot satisfy demand .

 

[Ekh]

The funding numbers are starting to run again. This maybe in response to the P5 images. What we want now is a run in the Elio Reservations at the $1k-all-in level.

They don't update the website counter often enough to tell if there's a run in response to particular events. I've suggested to them -- as well as here -- that the counter should be made real-time with the acceptance of the credit card for a reservation deposit. But nope ... i trust they have their reasons. Somewhere.

 

[LillyMayPatterson #1685 & #5648]

I got a kick out of """this""".

Funding Goal
143%
Reserved
$35,768,229
in non-binding indications of interest received so far
"""9666""""
Reservations

 

[LillyMayPatterson #1685 & #5648]

Some heavy hitter came out to pledge today
$1,637.50
$1,240.00
$1,000.00
$3,250.00
$6,514.29
$3,733.33
$1,000.00
$800.00
$2,800.00
$1,000.00
$1,303.57
$2,831.25
These are my averages today. Usually they are under $1,000.

 

[JEBar]

Some heavy hitter came out to pledge today
$1,637.50
$1,240.00
$1,000.00
$3,250.00
$6,514.29
$3,733.33
$1,000.00
$800.00
$2,800.00
$1,000.00
$1,303.57
$2,831.25
These are my averages today. Usually they are under $1,000.

based on your experience with this process, do you anticipate a correction

 

[AriLea]

I wondered why the heck anyone would use partial dollars, why not just even hundreds?. Made me a bit suspicious. But then I remembered, I've been watching old Property Brothers TV shows on Netflix, and people often put a 'lucky' number sequence in their major money decisions. Even things like the birthdates of loved ones who passed, stuff like that. Seems actually very common. Even makes it a bit more believable for me.

So look at 3,733.33. Someone obviously feels 3's are their thing. I often like 13's because I tread where few dare to, sometimes.

 

[bowers baldwin]

 

[LillyMayPatterson #1685 & #5648]

No, To explain the funny penny bids, those are averages of the pledges since I checked last. No correction I see needed from yesterday. But this morning might be screwy;
5 pledges came in over night with an average of $11,720. But, it might even be OK. Something happened somewhere some deep pockets got excited..... um that was funny. Good Morning