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Here We Are- End Of The First Quarter Of 2015!!-

Nate_tx

Nate_tx

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jetpack54 said:
....and STILL NO FUNDING!!!! I thought I drop by but unfortunately no new news or update anywhere to be found! Can EM at least give us an update on the new engine's performance??? I mean it's running, I don't think they need that much funding while testing, is it really too much to ask to give us some figures even if it's on a stand??? I know, patience, right? Laws are being changed and it's a good thing for an enclosed trike's future but there won't be any future for EM is funding does not happen for them! So for now, what color are you fellas getting for your imagined ELIO? :D
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Come over to imaginary-elio-owners.com for a deeper discussion on this topic. ;) jk
 
pistonboy

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This is becoming worrisome. The first quarter is over and there is much work to be done. No word on funding. Is work currently happening at a slow rate due to lack of funding, or is work progressing at a proper rate using what money they have? Even so, that money will soon run out.

Is anything happening with Corporate Fuel Securities, or has that fizzled out?

Paul Elio at Saint Francis University said he would go public if it was needed. How much time does that take? Have they got everything prepared to do this if needed? I think this would take some time. Can they do this, raise the money, and still get all the work done in time for production in early 2016? I hope they are not planning to delay as long as possible and planning on production beginning in June 2016. Problems always come up and cause unexpected delays which would put them over the deadline.

I hope Elio Motors does not fail because Paul Elio is stubborn and refuses to go public until it is too late.

After the NY auto show, something needs to be happening.
 
R

Rickb

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Reminds me of the Bobby McFerrin Song lyrics: Don't worry be Happy, ain't got no cash to make you smile, blah, blah ,blah.

I'm not worried and am happy, but concerned. Time is running out with so much to do prior to production and EM is currently working on a contract extension. I doubt another extension is even on the table, maybe if hiring is underway. You are right about things needing to move along after the NY auto show. Prototype builds and testing would make the situtation seem a little more hopeful. GO ELIO!
 
Kuda

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Karg said:
you'd think by now, some mister or miss money pants would come forward and announce his (or her) desire to bankroll this project. I can remember the time when daddy worbucks would come through to save the day, yea, but that was only in the movies. - gasp
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An "Autocycle" Investment Tax "Credit" (ITC) wouldn't hurt either.......:rolleyes:
 
Kuda

Kuda

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Bert said:
F I N A L L Y ! A post from you I can respect and like!! I raise my coffee cup to you!! :D
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upload_2015-4-1_12-20-53.jpeg
 
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