Elio Crowdfunding

[Ekh]

Elio Motors recently launched a crowdfunding effort as one of several strategies we are using to raise capital. If you’ve been to our page at crowdfunding platform StartEngine.com, you might have noticed that we were above $25 million in expressed interest earlier today, but as of this post, the numbers now reflect $21,585,326 million.

Here’s why:

We have noticed several potential investors that expressed interest are “suspect” based on dollar amounts and newly created email addresses. The StartEngine.com team has flagged these inquiries for further investigation and is not including them in the current total number of investors or expressed interest in dollar figures.

Currently we have 5,559 investors who have expressed interest in an Elio Motors investment at an average of roughly $4,000 each, out of which 72 percent of those investors come from our reservation holders and other fans of the company.

Keep in mind that the Regulation A+ offering has made it possible for start-up companies to “test the waters” and see if there is sufficient interest from potential investors. This phase serves as an expression of interest and is non-binding. Following this phase, Elio Motors will proceed with filing an offering statement with the SEC and once that offering statement is qualified by the SEC, Elio Motors can make a formal stock offer to interested investors.

Overall, we are extremely pleased with the initial support of our crowdfunding initiative and will continue to take additional expressions of interest while working with the SEC on next steps.

Great and candid response.

 

[JEBar]

Currently we have 5,559 investors who have expressed interest in an Elio Motors investment at an average of roughly $4,000 each, out of which 72 percent of those investors come from our reservation holders and other fans of the company.

Overall, we are extremely pleased with the initial support of our crowdfunding initiative and will continue to take additional expressions of interest while working with the SEC on next steps.

72% are reservation holder and other fans of the company .. ... now there is a solid base on which to draw support .... I'm glad to see that they will continue to take other "expressions of interest" while working on the next steps

 

[LillyMayPatterson #1685 & #5648]

coss is going to get you JEBar. WHA HA HA HA HA

 

[JEBar]

coss is going to get you JEBar. WHA HA HA HA HA

 

[AriLea]

You know, there is another thing that boggles my mind, about the suspicious placements, not that its hard to get a curious mind going..
But one of three cases happened, ether fools who just like trouble, or hackers practicing and testing, or truely adversarial people are involved.( unlikely case 4, real placements )

In the case of opponents, are they really are sooo scared that they needed to do this? Cool! we're a threat! Makes it all look a lot more substancial to my eyes. Hey Lemons into Pies!

 

[LillyMayPatterson #1685 & #5648]

I am proud of the way elio explained it. Pat on the shoulders of the reservist and placed the blame squarely on the trolls. But, blast them trolls, if they aren't taking this to new highs on the fb page. All the sock puppets are out.

 

[AriLea]

I am proud of the way elio explained it. Pat on the shoulders of the reservist and placed the blame squarely on the trolls. But, blast them trolls, if they aren't taking this to new highs on the fb page. All the sock puppets are out.

I had said before, not that I'm right all the time, that as Elio gets more success the trolls would get worse. Maybe that's happening. EM really IS a threat.

 

[Ekh]

I had said before, not that I'm right all the time, that as Elio gets more success the trolls would get worse. Maybe that's happening. EM really IS a threat.

BUT a threat to what? I truly don't get what motivates them.

 

[JEBar]

BUT a threat to what? I truly don't get what motivates them.

the threat is to EM becoming successful .... how they got there is irrelevant, they aren't for anything, they are anti Elio

 

[John Painter]

BUT a threat to what? I truly don't get what motivates them.

Many different types of trolls, I tend to see two primary groups; 1) those who believe they have been slighted - whether they have or haven't is irrelevant since their perception is real in either event. Generally direct, open communication will ease their concerns. 2) those who have low self-esteem. Engage in communication at your own risk - open communication is not their objective.