I agree with your summarization with exception to your speculation about EM having significant backers lined up. Serious venture capitalists would never have waivered their EM financial support unless the deal providing for the GM Plant and equipment as EM's future production facilities actually fell through. (personal speculation)
I found reading through the Caddo minutes and statements made by Mr. Elio and Mr Lichter relating to Elio Motors plans for production to persuade the Commission to invest the $7.5 Million for the GM Plant a very interesting read. Marketing strategy at it's best. The timeline is not working out as planned for the Caddo Parish's investment in promised jobs. Hopefully, it's better late than never for Caddo, but as the thread title states, No Guarantees...
I found reading through the Caddo minutes and statements made by Mr. Elio and Mr Lichter relating to Elio Motors plans for production to persuade the Commission to invest the $7.5 Million for the GM Plant a very interesting read. Marketing strategy at it's best. The timeline is not working out as planned for the Caddo Parish's investment in promised jobs. Hopefully, it's better late than never for Caddo, but as the thread title states, No Guarantees...