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

Smitty901

Smitty901

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Graemexx said:
He has to do all the reporting anyways especially with trying for a government loan. They can send the shareholders reports online. I agree with you that it is not worth it for fifty dollars worth of shares. He could set the price at one hundred dollars per share with no fractions allowed below one.
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No share holders can demand required paper work in hard copy I always do. The requirements for a Public company cost many times more than a private one. Market sets price not the company. A Public company is always at risk of much more government intrusion they can and do change rules at will and in effect take over control of some . Companies often go public as a way of cash out for the owners. ELIO is a long way from offering it's self as a public company.
 
John Painter

John Painter

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grampi said:
Has Paul put all of his eggs in one basket as far as securing a loan goes? Instead of holding out hope for a gov loan, why not consider other sources as well for a loan? The gov isn't the only institution that gives business loans...
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Paul Elio has identified at least three different paths, each capable of securing funding to production; private placement funding through Corporate Fuel Securities, ATVM loan, sale of excess equipment in Shreveport, and recently 506c option (though currently they're only trying to raise $30million with this), he also mentioned at SFU he would consider going public but only as a last resort.
 
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grampi

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John Painter said:
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Paul Elio has identified at least three different paths, each capable of securing funding to production; private placement funding through Corporate Fuel Securities, ATVM loan, sale of excess equipment in Shreveport, and recently 506c option (though currently they're only trying to raise $30million with this), he also mentioned at SFU he would consider going public but only as a last resort.
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So he has 3 potential sources for a loan, and it's still not happening? I was concerned before I knew this, but now that concern has been elevated 10 fold...
 
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grampi

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WilliamH said:
Have you read the Forbes piece yet?
Did you see the reference to Network 1 Financial yet?
Or are you just trying to be negative?
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I read your link, and being concerned is not the same as being negative...besides there's plenty of reason to be concerned given what we've seen thus far...your "meds" comment was uncalled for...
 
Smitty901

Smitty901

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I am not concerned by ELIO looking a 3 ways to raise cash. Heck I would hope they are looking at many more and bet they are. Nearly all investors today want fast return and lower start up cost. Face it the only thing that counts is Earnings ratio. And with nothing to project that with ELIO is at the bottom of a steep hill.
I would love to see ELI0 ask everyone to donate 50 dollars and some how panhandle enough to built the ELIO. Then donate the amount raised to charity after ELIO is on it's own. Short of breaking the law I don't care how ELIO raised the money.
I would have no problem putting a couple thousand into ELIO with little hope of return on top of the all in $1000. We need to see ELIO make it to market.
If it fails after that so be it but we need the chance to find out.
 
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Rickb

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grampi said:
Has Paul put all of his eggs in one basket as far as securing a loan goes? Instead of holding out hope for a gov loan, why not consider other sources as well for a loan? The gov isn't the only institution that gives business loans...
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The Government may be the only lending institution that may grant a low interest higher risk loan.
 
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