Elio Crowdfunding

[goofyone]

I was able to speak to a newer Elio VP, who I had not met before as it was his first time to a showing however he knew already who I was (I can't sneak up on them anymore ), and in our conversation he told me that the debate they have had internally was not whether they would sell out the $25 million but whether or not they should exercise the $5 million option even if they are not sure if they will need it. Of course they want to sell the minimum amount of stock in each offering as possible as each time they do it makes everyone's piece a little smaller.

 

[Jeff Porter]

I was able to speak to a newer Elio VP, who I had not met before as it was his first time to a showing however he knew already who I was (I can't sneak up on them anymore ), and in our conversation he told me that the debate they have had internally was not whether they would sell out the $25 million but whether or not they should exercise the $5 million option even if they are not sure if they will need it. Of course they want to sell the minimum amount of stock in each offering as possible as each time they do it makes everyone's piece a little smaller.

Interesting, good to know.

 

[LillyMayPatterson #1685 & #5648]

You do understand that those numbers no longer have any meaning, right? People can no longer sign up to indicate an amount, though they can still add their names to the mailing list. At this point, the only numbers that really matter are the actual stock purchases, and that information is not being currently published.

I missed the memo on that. Who sent it? And besides, who is to say we aren't watching the stock sales? As our purchases are replacing our expressed interests. Of course the expressed interest will go down, as we have been watching since 3:00 PST Friday. It is possible.

 

[Johnny Acree]

So,,, is anybody buying an aircraft company?

 

[Chris F]

I am surprised the SEC lets them get away with this. $25,000,000 is suppose to be the max. At $12 per share, I would have thought the SEC would only let them sell 2,083,333 shares which comes to $24,999,996.

It depends on what is in the Offering Circular.

 

[Chris F]

The largest and possibly the first to make it through the SEC review, I don't know if they were the first to apply.

true, not the first to apply, but the first to get through the process, as far as I know.

 

[Ekh]

Where have you been, ChrisF?

 

[krabblegg]

I tried to invest on the Startengine site. It turns out they have no record of my expression of interest to invest. I guess I didn't respond properly when the E-mail was sent to me. All thisvtime I thought I was going to be an investor. Now I'll have to hope for some left over shares to be available. Wow, am I pi**ed

 

[pistonboy]

Where have you been, ChrisF?

Ekh

You may like this post. I did.

http://elioowners.com/threads/elio-motors-owners-investors.6761/page-3#post-125461

Post 27, page 3 from tonispumoni

 

[BADBOY]

It also doesn't hurt that investment groups like Cowen are ready to join the Reg A+ party because of what they see EM doing. http://www.crowdfundinsider.com/2015/11/77728-cowen-and-company-is-interested-in-using-regulation-a/

how does it help Elio?