Elio Crowdfunding

[bowers baldwin]

 

[LillyMayPatterson #1685 & #5648]

I don't think this treasonous back stabbing will be too much trouble to make fuzzy and cute, maybe even beneficial. I can't wait to see how this is spun. ...
Well, the P-5 milestone was funded with the first fund raiser. I am sure we will be see a lot of it at the end of the month.

This is for the P-6 - 30. I think elio might have filed the SEC paperwork , June 19th and it is in process now. We will be contacted for payment (also) at the end of the July.

I predict we will be hearing about loan approval too sometime in the month of August. The P-5 is being built now at the same place the others were made in Detroit. At this same time the big guys are snapping together the assembly line and preparing to take over the assembly. (Their cars have been seen parked at the Sheveport plant for weeks. They are in there.) I can envision the last few promo types rolling slowly off the actually assembly line, with Paul Elio himself along with 40 of his best drinking buddies pushing the buttons and running alone checking every detail. Hiring will start about 3 months prior to start date. Sooner the SEC approval comes the better. All they need is money.
Now, I am going back to 'life' now. See ya later.

 

[JEBar]

I think, looking at Lily May's chart, that there are still a million or so in bogus investments to weed out. If our gang here is running something over $3K on average, and we're the true believers, an average of $4.1K per investor at large is pretty darn high.

historically, on the other hand, a large number of our folks have commented at just how much the savings in having an 84 mpg vehicle would help them financially .... for many others it is reported that it will be their only vehicle .... I know that we are pulling down the forum's $3K average so we have to have a pretty significant number of folks who are in a position to and willing to purchase significantly more stock

 

[AriLea]

I think, looking at Lily May's chart, that there are still a million or so in bogus investments to weed out. If our gang here is running something over $3K on average, and we're the true believers, an average of $4.1K per investor at large is pretty darn high.

I think it does document for us there will have to be some careful weeding and analysis to figure out the actual collection. So yes, they will have to get more reservations amount than the goal and set a position in line. I wonder if any 'Ahjos' were expecting to trigger a cut-off to short circuit the goal?

Overt attack or web issue doesn't much matter now, I think a short fall has been planned for, so NP (no problem).

 

[Ekh]

Lily May, they CAN'T proceed with the SEC filing until the test-the-water campaign is finished. If you opt for TTW, you have to file based on the results, and the SEC decides if you're viable (a decision in part based on your audited financials).

 

[Ekh]

historically, on the other hand, a large number of our folks have commented at just how much the savings in having an 84 mpg vehicle would help them financially .... for many others it is reported that it will be their only vehicle .... I know that we are pulling down the forum's $3K average so we have to have a pretty significant number of folks who are in a position to and willing to purchase significantly more stock

I know we do, and they have pledged more ... quite a lot more. But the average on the StartEngine site still seems way too high ... but hey, maybe it's not, this is a brand new world (Reg A+). And I sure as heck know what an Elio means to me financially -- it means I can afford to start traveling again to see my friends before they die and to make the photos I love to take.

 

[AriLea]

Lily May, they CAN'T proceed with the SEC filing until the test-the-water campaign is finished. If you opt for TTW, you have to file based on the results, and the SEC decides if you're viable (a decision in part based on your audited financials).

But it does encourage other investor programs since the crowd-funding money is in the pipe. And some of that could come though faster.

 

[JEBar]

Lily May, they CAN'T proceed with the SEC filing until the test-the-water campaign is finished. If you opt for TTW, you have to file based on the results, and the SEC decides if you're viable (a decision in part based on your audited financials).

I find it a bit difficult to believe that prior to agreeing to the crowd funding that EM (probably though Start Engine) wasn't a good deal more than pretty sure they would qualify if the funding program was successful

 

[userexec]

Wow. I don't check the site for a whole morning and I come back and this has happened! Fast times.

 

[AriLea]

I notice that the reservations count has not backed out. Just the collected amount.

Just a thought, If I were running the website, I'd have sent a email to those big placements, stating $nn dollars are accepted but anything over that will have to take a position after other 'accepted amounts' are given a chance for servicing. Something like that.

That enables SE / EM to sort things out more perfectly later, rather than earlier, and keep the controversy at a lower level .