Reservations: 65341 As Of 6/20/2017

[BaldGuy]

6 months from now ELIO makes public Statement A group Named xyz has stepped up and will fund ELIO with 250 million dollars to be release as each stage of preproduction is met.
The day that happens watch the All in jump along with all other groups. Until then I am afraid we are at a peek.

Hope your crystal ball is right. Love to see some news along the lines that they are getting closer to production and money is no longer a problem.

 

[eliothegreat]

it is my understanding that $240 million is the projected cost for the entire process, not what they need to get from where they are now into production ....

If we are to believe Paul Elio, your understanding is incorrect. Paul has stated that the projected cost for the entire process is $300M, and that they are $230-240M short.

 

[JEBar]

If we are to believe Paul Elio, your understanding is incorrect. Paul has stated that the projected cost for the entire process is $300M, and that they are $230-240M short.

that is certainly possible .... I've heard both figures

 

[AriLea]

If we are to believe Paul Elio, your understanding is incorrect. Paul has stated that the projected cost for the entire process is $300M, and that they are $230-240M short.

I can't wrap my brain around the concept of either of those amounts. I'd be happy if given .0001%.

 

[RUCRAYZE]

Any one of these folks could cut a check (http://www.forbes.com/forbes-400/list)
& Elio would be off to the races. What is perplexing is not one has expressed any
interest publicly or offered to partner with any of Elio's principals. The Elio project
is a no-brainer on a variety of levels but must present too much risk for the serious
money to jump in at this point.........Though most of these Billionaires aren't risk
averse, so what gives?

Profit margin.

 

[Elio Amazed]

Profit margin.

Well, we could take a poll...
No! Stop! Kidding! Honestly!

On the serious side, I've been waiting weeks for one of these conversations to get to this point.

Clear back in June of last year, I looked at Elio's financial plan and was not impressed with the projected profit margin.
My concern was not whether the company itself would be able to survive and prosper on that conservative percentage.
I had serious doubts about there being enough provided for to satisfy both the company's and investors' needs.
But, after looking at the credentials of the board of directors, I threw those concerns to the wind and jumped in.

It's now well into 2015 and I'm starting to think that my original impressions were correct.
I don't have buyer's remorse, but It seems that it has provided a segway to this post.

This is how I think it will all go...

Regardless of any good or bad decisions by EM, they're going to play hell getting investors on board.
The reason is that without knowing whether there will be enough investments to make up the entire 240M, it's far too risky.
Especially since the profit margin is so slim and the entire success or failure depends on getting the entire amount.

Say you've got a room full of investors.
Keep in mind that if the 240M is not obtained, those that have already invested will likely lose a considerable amount of money.
Many would like to invest, but would like to be assured that the project will have all the funds needed to at least go to production.
Let's say if 75% of them invested what they are prepared to invest under those conditions, the 240M would be in the bag.
So, as far as getting the money from investors, I think it will all happen all at once or not at all.
It's not going to happen piecemeal or in a trickle.
That could be one reason you've not heard of any confirmed investments.
I'm still a supporter, but I'm finished with believing anything from the EM rumor mill.

How could it be done? Timing, honest and precise communication, co-ordination, finese, escrow and a lot of wooing.
However, these are things that EM itself seems to be seriously lacking in.
When you consider that they couldn't even pull off something as important as an announced engine start for the media...
Now we can throw in the continuing decline in public confidence...

Yes, I'm being liberal with the 240M figure here.
I realize that EM will get a small amount of funds from the sale of equipment after they repay the loans.
Honestly though, I'm starting to suspect that right now, in real time, they're all but broke.
Be that from argueably good or bad decisions, broke is still broke.
Or, at least, hand to mouth is still hand to mouth.

If neither investors nor the government loan come through...

One of three things will likely happen.

*A single investment entity will contact EM at the very end of the 11th hour with a deal for the entire 240M.
This deal will "save" EM, but it will force PE into becoming merely a figurehead with a very comfortable income.

*A single investment entity will allow EM to go into bancruptcy before purchasing what's left of EM and using it's assets as it wishes.
This could likely be the same entity that offers an 11th hour deal.

*PE refuses to be anything but a martyr and takes his ship down with him rather than taking a golden parachute.
Nobody comes to the rescue and established automakers and big oil have parties in EM's honor.
EM becomes a footnote in history and the P4 eventually ends up in Jay Leno's garage.

The answer to the question, "What gives?" is this...
Why would any of those top 400 people mentioned take that much risk for that small of a potential return?
Especially when they can bide their time and possibly end up buying the whole package for pennies on the dollar?

 

[RUCRAYZE]

Well, we could take a poll...
No! Stop! Kidding! Honestly!

On the serious side, I've been waiting weeks for one of these conversations to get to this point.

Clear back in June of last year, I looked at Elio's financial plan and was not impressed with the projected profit margin.
My concern was not whether the company itself would be able to survive and prosper on that conservative percentage.
I had serious doubts about there being enough provided for to satisfy both the company's and investors' needs.
But, after looking at the credentials of the board of directors, I threw those concerns to the wind and jumped in.

It's now well into 2015 and I'm starting to think that my original impressions were correct.
I don't have buyer's remorse, but It seems that it has provided a segway to this post.

This is how I think it will all go...

Regardless of any good or bad decisions by EM, they're going to play hell getting investors on board.
The reason is that without knowing whether there will be enough investments to make up the entire 240M, it's far too risky.
Especially since the profit margin is so slim and the entire success or failure depends on getting the entire amount.

Say you've got a room full of investors.
Keep in mind that if the 240M is not obtained, those that have already invested will likely lose a considerable amount of money.
Many would like to invest, but would like to be assured that the project will have all the funds needed to at least go to production.
Let's say if 75% of them invested what they are prepared to invest under those conditions, the 240M would be in the bag.
So, as far as getting the money from investors, I think it will all happen all at once or not at all.
It's not going to happen piecemeal or in a trickle.
That could be one reason you've not heard of any confirmed investments.
I'm still a supporter, but I'm finished with believing anything from the EM rumor mill.

How could it be done? Timing, honest and precise communication, co-ordination, finese, escrow and a lot of wooing.
However, these are things that EM itself seems to be seriously lacking in.
When you consider that they couldn't even pull off something as important as an announced engine start for the media...
Now we can throw in the continuing decline in public confidence...

Yes, I'm being liberal with the 240M figure here.
I realize that EM will get a small amount of funds from the sale of equipment after they repay the loans.
Honestly though, I'm starting to suspect that right now, in real time, they're all but broke.
Be that from argueably good or bad decisions, broke is still broke.
Or, at least, hand to mouth is still hand to mouth.

If neither investors nor the government loan come through...

One of three things will likely happen.

*A single investment entity will contact EM at the very end of the 11th hour with a deal for the entire 240M.
This deal will "save" EM, but it will force PE into becoming merely a figurehead with a very comfortable income.

*A single investment entity will allow EM to go into bancruptcy before purchasing what's left of EM and using it's assets as it wishes.
This could likely be the same entity that offers an 11th hour deal.

*PE refuses to be anything but a martyr and takes his ship down with him rather than taking a golden parachute.
Nobody comes to the rescue and established automakers and big oil have a parties in EM's honor.
EM becomes a footnote in history and the P4 eventually ends up in Jay Leno's garage.

The answer to the question, "What gives?" is this...
Why would any of those top 400 people mentioned take that much risk for that small of a potential return?
Especially when they can bide their time and possibly end up buying the whole package for pennies on the dollar?

Interesting and well written, but just another" here's what I think"
BTW there is no EM rumor mill.

 

[Elio Amazed]

Interesting and well written, but just another" here's what I think"
BTW there is no EM rumor mill.

I did preface the whole spiel with, "Here's how I think it all will go..." didn't I?
Like I said, I just get so confused these days.

I'm assuming that there should have been a smilie at the end of your last sentence.

"Hey, here's a bunch of deadlines". "Uh, sorry, those were more like inaccurate best case scenarios on our part and not rumors."
"Hey, no worries, funding is in place." "Uh, sorry, that was a mistake that we're prevented from clearly explaining but it was not a rumor."
"Hey, here's the date of the first public engine start." "Uh, sorry, another unexplainable mistake and not a rumor."
"Hey, the engine is getting almost 60HP." "Uh, it's more like a percentage that could be a maximum of 53HP but that wasn't a rumor."

And the latest?
There are several substantial investments at the gates.

Now, should I believe any more vague statements from EM?
Walks like a duck, quacks like a duck...?

 

[RUCRAYZE]

I'm assuming that there should have been a smilie at the end of that last sentence.

"Hey, here's a bunch of deadlines". "Uh, sorry, those were more like inaccurate best case scenarios on our part and not rumors."
"Hey, no worries, funding is in place." "Uh, sorry, that was a mistake that we're prevented from clearly explaining but was not a rumor."
"Hey, here's the date of the first public engine start." "Uh, sorry, another unexplainable mistake and not a rumor."
"Hey, the engine is getting almost 60HP." "Uh, it's more like a percentage that could be a maximum of 53HP but that wasn't a rumor."

And the latest?
There are several substantial investments at the gates.

Now, should I really believe any more vague statements from EM?
Walks like a duck, quacks like a duck...?

Please don't use animal analogies (I'm a vegan)-lol
vague yes, rumor no, and to your plus you gave credit where credit was due
BTY At this time, 60hp is what EM now states it's not a rumor, not vague, but will it come to pass- stay tuned

 

[Elio Amazed]

Could you qualify 60HP as being the latest quote with a link or reference to where and when it was stated?
The reason I ask is that Vassallo's 60HP quote conflicted with a later EM statement that said 95% of the 55HP goal was reached.
Keep in mind Vassallo did not say it will get almost 60HP, he clearly said it was getting almost 60HP.

.95 x 55HP = 52.25HP. And that may not even be right.
That vague percentage may refer to what they've projected as a target for the engine without the components yet to be installed.
I've learned that EM does nothing without a reason.
You can bet there's a reason they released a percentage and not a concrete HP number.
If that's the case, it may even be substantially lower than 52HP.

If "almost" 60HP is again the latest figure actually achieved, why the waffling?