Interesting Reading From 2010

[outsydthebox]

I'm all ears...........go to it.

Mr Rogers is well aware that EM's sales plan makes salesmen, like him, obsolete.

 

[Dustoff]

Ty, I sorry, I used the 200 million as an example, actually it was a test to see if you read the 2010 presentation at all.
Obviously you didn't or you would have read the statement by Mr. Elio who said they only needed 15 million of private capital.
Now look at the numbers, In 18 months they have about 5000 one thousand dollar reservists, and a bunch of others. Do the math, how long will it take to raise the 8 (est) million and MORE IMPORTANTLY, how many of the reservists will cancel because of the final cost of the vehicle when the actual price is revealed, and especially the $100 refundable and non refundable.

Dustoff, your choice of words, like derail...I like it, it describes the situation perfectly...A TRAIN WRECK!
Oh, with this latest delay, I think EM has less than 6 months left. They will be bought out!

Your choice of words:
I'm sorry, a test, obviously, do the math, I think

You do not appear to be sorry about anything. A test? Obviously you didn't catch your mistake soon enough. Do the math, you don't show any math.
We still don't care what you think, time will tell one way or another.
So all you say is nothing more than a personal opinion.

Now twist this around to suit your disdain for EM

 

[whattheelf]

You and whathtelef must be close cousins! Except I'm hoping that you're no psychic like him that already predicted EM's doom. I put 'em to the test because he said he knows how to get things done for EM....I simply ask him what's his great plan......and never replied. So how about you, I guess you have some inside info. How in the world did you know that EM is counting solely on the reservation monies or they don't have the 200 mil. right now? If you can provided some proof then you have some credibility here otherwise,you're just like your cousin talking out of his ass! Just sayin'.

Not psychic, it's just business 101, not that you understand that.

When you asked me for a survival plan, get this through your head one last time; the only plan is that it sells whatever real IP it has to a large established suitor, there is no viable alternative, the numbers don't even nearly add up, and won't.

EM is counting on volume reservations as THE major data point to convince either stage 1 funding, or a suitor to pony up big money to buy their design. The proof EM is going NOWHERE is; NO major funding in 6 years. Private equity wants results and measureable data points that can backup demand level that would make EM profitable, and they snub fantasy stories such as EM.

They should already have 100K+ reservations at this point, but they don't even have a quarter of that, after 6 years. They need major volume to make any money, it's obviously clear there isn't a fraction of demand they would need. Funds don't arrive unless private equity foresee a profit happening, not just an ROI.

That's how business works Jetpack, read this post a few times until that sinks in, or please seek out a tutor in your trailer park to try and explain it to you.

 

[Dustoff]

The feathers are really getting ruffled.

 

[pj rogers]

About the EM sales people. You can negotiate with a sales person dustoff, you HAVE to take what the elio sales person writes up for you from the EM product list. The still will give you a presentation, a test drive..do the numbers off the fixed price sheet and probably do the credit app. No negotiations, which means you are the one who HAS to take it or leave it. The salesman has you by the you know whats. If you are paying cash, bring about $1500 more than you think you will need.

 

[Dustoff]

I've bought things before, but thank you for your concerns.

 

[pj rogers]

Whattheelf, nice to see there are other "thinking" people out there. The elioites have listened to paul the pipers flute for way to long.
The real reason for the reservations is to get to the "trigger" which brings the heavy hitters in. Like this...Paul, you get 40,000 people giving EM deposits, and I will give you say $100,000,000. Very standard in the business world. Unfortunately Mr. Elio did not estimate the deposits would take this long, only 25,000 in a year and a half. Everybody likes the elio, and might put a $100 on it, but it is going to take a while to get to 40,000, hummm forty thousand, hummm isn't that the exact number EM will close the reservations..It might take as long as 14 months...LMAO! It was never about the amount of the money!

 

[pj rogers]

Dustoff , not like this before...watch the ad...we take master card or visa, we need a deposit of $1000 and estimate delivery time to be 14 TO 18 MONTHS...!
Oh, that $1500 is the amount to buy that 100,000 extended warranty on that new, never had gas in it before and that Japanese tranny..don't do it and it pukes at 75,000 miles..gottacha!

 

[Jim H]

My ignore list just expanded

 

[pj rogers]

Well, I just explained how to be careful if you finance your elio, it is very easy to have the elio salesman, although he is working from a fixed price sheet, to add $10-$20 to your payment, so do your home work. If you finance for 48 months, 48 x $20 is $960 pure profit for EM plus a bank kickback.