Paul Elio At St Francis University

[Past Fanatic]

Business plan?

You wouldn't know a business plan if it bit you in the @ss.

I DID WRITE a complete business plan (66 pages) for the University of West Florida, School of Business Masters Program...... perhaps YOU would like to share YOUR credentials?

 

[WilliamH]

I DID, but YOU DID NOT 'explain' .... "HOW this will 'draw' more investors for Elio Motors"...... especially with a DEBT filing, instead of an EQUITY filing. And NOT "angry", just 'informed' and not 'gullible'!

It allows more people in without the same requirements as the current 506 plan, allows advertising it, and doesn't start till about June.
And it is clearly equity, not debt.
Incidentally, stop yelling. It makes you sound like a petulant child.

 

[JEBar]

I DID, but YOU DID NOT 'explain' .... "HOW this will 'draw' more investors for Elio Motors"...... especially with a DEBT filing, instead of an EQUITY filing. And NOT "angry", just 'informed' and not 'gullible'!

 

[WilliamH]

I DID WRITE a complete business plan (66 pages) for the University of West Florida, School of Business Masters Program...... perhaps YOU would like to share YOUR credentials?

Did you start a real business based on your little "business plan" or did you just turn it in to your instructor for credit?

 

[LillyMayPatterson #1685 & #5648]

Hey William, I visited the children this morning to get 'the real story' and they have no idea what your talking about. PF's little friends are working on old news and still regurgitating their old rants. He might go out at check it out now. I'll wait a few hours and check in again for 'the real story'. I am sure PF will report it.
HAPPY EASTER EVERYBODY. IT'S GOING TO BE A GREAT DAY.

 

[WilliamH]

Why don't you 'enlighten' us; and explain HOW this will 'draw' more investors for Elio Motors....... for a DEBT filing, instead of their past EQUITY filing FAILURES?

It's become apparent that you only want to hear or read what you want to hear or read, but hopefully this will help you.
Starting at about 7:45 and lasting for about a minute.........

Hopefully that will provide you with some information.

 

[Rickb]

That didn't help me much other than knowing EM has some funding options on the table. I don't personally feel EM is far enough along to lock in private funding when there is no gurantee of production. It's still a startup company without a product to sell. Too much risk. That seriously limits the funding options and the ATVM Loan is probably the best hope for funding in my opinion.

 

[pistonboy]

Psychologist say "Women like a man who is a good provider."
What BS! That is a white washed way of saying "Women like a man with money."

 

[NSTG8R]

That didn't help me much other than knowing EM has some funding options on the table. I don't personally feel EM is far enough along to lock in private funding when there is no gurantee of production. It's still a startup company without a product to sell. Too much risk. That seriously limits the funding options and the ATVM Loan is probably the best hope for funding in my opinion.

Sorry Rickb, but your logic escapes me on start-up companies criteria. How many "start-up companies" are "far enough along" to have a product to sell? ZERO...They're start-up companies by definition, otherwise they wouldn't be trying to attract investor funding. All they (Elio) need is an idea for a product that is marketable...that they have. A tangible prototype to give possible buyers, and/or investors something touch, sit in, and drive [if you're one of the lucky ones]. Proof that there is great interest in their product...got that too. They have a literal "who's who" of automotive component suppliers interested in doing business with them, a factory, complete with every piece of equipment to build it, in a town, Shreveport, loaded with former UAW workers chompin' at the bit to build something. All the design modeling done, and crash simulations to project/predict survivability, and computer data to back it up. A functional prototype engine that's in the middle of testing, and a BoD of well known people. What else do you want?

I'm going to have to respectfully disagree. If I was an 'accredited investor' (fit the criteria until 2008 did a number on my savings plan ), they'd have my 15k right now.

 

[Past Fanatic]

You didn't read the SEC changes.
They relate to "Equity Crowd Funding"
The rules have changed....

How about a 'link' to the 'new changes', and how they affect Elio Motors? Here is their most current SEC Form D filing: -- http://form-d.findthecompany.com/l/188960/Elio-Motors-Inc -- Clearly, a DEBT offering (with "No Revenues") and not EQUITY.