Financing Elio Motors Development And Production

[wayne kemp]

Simple solution.....never count your chickens before they hatch.

 

[Jeff Porter]

I can't believe the negativity in this discussion. $1,000, even NON-refundable, is such a drop in the bucket. If this IPO'd, I'd dump all my Pfizer and go all-in on the stock, too!

I'm with ya on the negativity. For the drop-in-the-bucket, for me personally, 5 years ago, $1k is a drop in the bucket. For me now, after getting laid off from my high paying job, $1k is NOT a drop in the bucket. It's probably not a drop for many other folks who have reservations.

 

[outsydthebox]

Simple solution.....never count your chickens before they hatch.

True. And you don't stop feeding the hen that is sitting on those eggs!

 

[Karg]

Maybe a 49% IPO

 

[UCF'73]

Interesting idea. You have to park your money somewhere. It might as well be a refundable escrow account. Financial institutions set these up all the time. The only drawback is that EM wouldn't really be able to access the money for up-front costs because it has to remain available for potential refund.

 

[Rickb]

I'm with ya on the negativity. For the drop-in-the-bucket, for me personally, 5 years ago, $1k is a drop in the bucket. For me now, after getting laid off from my high paying job, $1k is NOT a drop in the bucket. It's probably not a drop for many other folks who have reservations.

Yep, $1K is serious cash for too many people and why they need the Elio.

 

[rjhope]

Heres an All In thats good for both sides. You put up say $5000 to $7000 up front. The money is non-refundable if the car is built for you. If for some reason the car does not get built you get your money back. Sort of a contract to buy up front. If you walk away after the cars are built you lose the money. Basically this is a put up or shut up on both sides. What do you guys think.

Moderator Comment: Merged into existing funding alternatives thread

 

[tazairforce]

I can't believe the negativity in this discussion. $1,000, even NON-refundable, is such a drop in the bucket. If this IPO'd, I'd dump all my Pfizer and go all-in on the stock, too!

Tex
Hell, I'd Sell my Harley and other toys to buy stock if Paul were to go Public with the company. Does that show how serious I believe this Will happen?? I wrote my '1K All In' off the night I sent it in and I'm still getting by.

 

[Anion]

I do not have the $7000 cash, but I would be willing to sign a loan agreement, just like I will have to do at my bank to a funding organization that would then loan the money to Elio! The Elio itself would be the main collateral with say $2000 cash from each contributor as a goodwill faith investment. Of course finding a venture source willing to support such a scheme would be enormous! And of course the 30,000 buyers... Just a thought!

 

[tazairforce]

True. And you don't stop feeding the hen that is sitting on those eggs!

'Farming 101' tells us, that if you don't feed that hen, she will die and that clutch of eggs she's setting on will die also. When we put up our money, at whatever level, we pledged that we supported that hen (Paul Elio) and her eggs (our Elio). Now some are ready to stop believing that hen can/could hatch our Elio and maybe a Golden Goose or two, (if they go public). I have previously stated, here, that I will buy anyone's 1K all in, reservation, with the company's approval, for 499$s, only two at this price, you want lose it all. If you are working with 'Scared Money' and have a feeling this want happen let me know, I'll see if it can be approved.


BTW, if I have no offers on this , I will reserve another Elio, on the lowest tier, for delivery at a latter date.


'A pessimist sees the difficulty in every opportunity; An optimist sees the opportunity in every difficulty'. Winston Churchill