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Financing Elio Motors Development And Production

zelio

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I see one major difference with Aptera and Elio. Elio has worked very hard at staying within autocycle design parameters rather than chasing after the 4 wheel/4 seat car parameters that are obviously much more stringent. They also have not focused on getting government support as near as I can see. Good for Paul Elio for learning from others mistakes. :-) Z
 

whattheelf

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I think you need to answer Craig's post- you admitted in your earlier post that EM is not a scam and yet it's so easy for you to say it's a Ponzi scheme??? You should also answer Cheeceheadearl post #163 asking you how do you know that EM is not receiving any funding right now???
All you have is an opinion based on your past experience, that's all! With your experience, you must have done plenty of analyzing....think of how crazy you sound....".you said no one knows exactly what their funding options are" is the only thing right you said and you should have stopped there....but there you go again going back in circle with your "but given a certain level of knowledge about the process"....LOL. I agree with one of the poster here saying "you're a legend in your own mind".! Again, your titles and experiences are not impressing anybody. You're just hell bent on discrediting EM at all cost! You already decided their fate by saying "funding is not going to happen"???? Guess what, you've just lost whatever credibility you have "chief". Maybe part of your resume is Psychic reading, palm reading??? :D
It was fun while it lasted but you've just demonstrated a lack of reasoning. Glass half empty is unfortunately what you are. What a waste of shall I dae say....talent???:D


unless your experience mirrors anything similar to mine, you won't get it nomatter how much I have to explain it, there is no kind way to explain that to you.
where is the new plan?
You're the self appointed expert, you produce it.

My perspective is based on the only known plan published, you are the one saying that was the old plan, so where is the new one?
 

Neal

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While I'm not an accountant, I must admit the "published financial plan" has some issues. So much so, I question the source. The only place I've seen 'the plan' was a posting by a blogger. Is there another credible source?

This blogger. Jo Boras has had it in for Elio since day one. I wouldn't trust a word he wrote. Not because of the content, per say. Everyone is entitle to an opionion. It's the venom and anger he spouts off against Elio that discredits him. Much like WTH/3Card.
 

JNR

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jesus eats popcorn.gif
 

Jeff Porter

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o·pin·ion
/əˈpɪn
thinsp.png
yən/ Show IPA
noun
1.
a belief or judgment that rests on grounds insufficient to produce complete certainty.
2.
a personal view, attitude, or appraisal.

Definition of fact (n)
Bing Dictionary
  • fact
  • [ fakt ]
  1. something known to be true: something that can be shown to be true, to exist, or to have happened
  2. truth or reality of something: the truth or actual existence of something, as opposed to the supposition of something or a belief about something
  3. piece of information: a piece of information, e.g. a statistic or a statement of the truth
LOL! Nice!
 

whattheelf

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This blogger. Jo Boras has had it in for Elio since day one. I wouldn't trust a word he wrote. Not because of the content, per say. Everyone is entitle to an opionion. It's the venom and anger he spouts off against Elio that discredits him. Much like WTH/3Card.

I'm not this person 3 card you refer to, but not surprised when someone with actual depth on these type of ventures gets attacked from several sides here. Thats the trouble with clubhouses for geeks like this, its why geeks group together, in order to compensate for everything else they lack, its not that I didn't expect that, was just hoping someone could maybe follow along and keep up for once, lesson learned.

Lets just say, my logic and experience says this venture will be a colossal failure, and others are still hanging onto some kind of hope and belief. No one needs to get lathered up further about their opinion, just let the chips fall where they will.
 

Neal

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I'm not this person 3 card you refer to, but not surprised when someone with actual depth on these type of ventures gets attacked from several sides here. Thats the trouble with clubhouses for geeks like this, its why geeks group together, in order to compensate for everything else they lack, its not that I didn't expect that, was just hoping someone could maybe follow along and keep up for once, lesson learned.

Lets just say, my logic and experience says this venture will be a colossal failure, and others are still hanging onto some kind of hope and belief. No one needs to get lathered up further about their opinion, just let the chips fall where they will.

Again, it's not what your saying (well, maybe somewhat) but more about how you present yourself. You come here with an attitude of supperiority. Claiming to have so much knowledge but saying very little that is constructive. Saying you want to save all of us from ourselves. We don't need you to "save" us. We know the risk, yet we beleive. Not your cup of tea, that's fine, but don't belittle us. It's annoying.
 

jetpack54

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I'm not this person 3 card you refer to, but not surprised when someone with actual depth on these type of ventures gets attacked from several sides here. Thats the trouble with clubhouses for geeks like this, its why geeks group together, in order to compensate for everything else they lack, its not that I didn't expect that, was just hoping someone could maybe follow along and keep up for once, lesson learned.

Lets just say, my logic and experience says this venture will be a colossal failure, and others are still hanging onto some kind of hope and belief. No one needs to get lathered up further about their opinion, just let the chips fall where they will.
Had you started by introducing yourself as a Psychic, then we would have understood where you're coming from! Having said that, there's real psychic out there and there's those psychic in their own mind! Logic tells me you're the latter. You probably PREDICTED already that it's going to rain in your parade right? 'Just teasin'. Here's some of your favorite predictions and I quote:
1) It's a scam
2) It's NOT a scam
3) Funding is not going to happen
4) No one knows exactly what their funding options are
5) It's a Ponzi scheme
6) It's not a Ponzi scheme
7) The big automakers determines what gets made or not
8) My logic and experience says (or his psychic reading) this venture will be a colossal failure (arrogance)
9) This forum is a clubhouse for geeks (I'll have to get back for the meaning of geek as he just generalized that we all are)
Shall I dare add: 10) the next bigfoot sighting will take place? 11) the next loch ness monster will give birth to a baby loch ness?
Let me know if I missed or would like to add in your predictions! :D
 
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whattheelf

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Again, it's not what your saying (well, maybe somewhat) but more about how you present yourself. You come here with an attitude of supperiority. Claiming to have so much knowledge but saying very little that is constructive. Saying you want to save all of us from ourselves. We don't need you to "save" us. We know the risk, yet we beleive. Not your cup of tea, that's fine, but don't belittle us. It's annoying.

The problem with forums is they are 2 dimensional at best. As such, the dynamic often evolves into a groupthink environment, and various members choosing a role or personality to suit.

A new person enters into a discussion, and unless that dovetails within the groupthink, you are the immediate outcast, subject to a long predictable series of personal attacks.

From there as a new person attempts to explain or offer some details around why their opinion is that way, groupthink steadily rebels, takes it personally, as its disruptive to the clubhouse mentality. In that situation someone like myself is asked many questions, to support my position, attempting to corner me, or reveal me as some kind of maverick, rather than focusing on what information has been provided, to discuss, which is an attempt to belittle my presentation and presence.

Though I remain a fan of the design, I'm just not a fan of the company, or rather the management team in place. This company needs a team that can execute on managing the plant facility operations, and most importantly, managing the major funding deficit, both of which should of been nailed down a year ago. From where I come from you get fired for nonperformance on that metric. You can't manage business with designers and engineers, you need a business team with a WELL established PRIOR and successful track record. To secure next round funding, investors (ie; banks, private equity, etc, NOT reservations) are ONLY buying into a team that can execute on the plan, and NOT how cool the Elio is.

So far, plan execution has been nothing short of an embarrassment. This is my main issue, and I'm vocal about it, because I know how it could and should be done, and plus, I want an Elio, but this existing team is going to kill my chance of owning one. The team should be kept but left to focus on what they are good at, design refinement, cost reduction, etc etc, and let another experienced team immediately take this company to where it should already be, and that's when real funding has a solid chance to happen.

Don't think for a moment I don't want this to happen. My issue is not with the car, nor with people here, its with the mismanagement. Aptera can look back all it wants post mortem, but mismanagement killed that company as well, and the same tune is happening yet again. No one has to believe my opinion, resume, experience, insight etc, just do your own homework, and you'll spot the pattern in play, easy enough.
 
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