Reservations: 65341 As Of 6/20/2017

[Marshall]

At the paltry rate of 14 per day (rounded up), the "Sold Out" date is now
March 21, 2017. As a late comer, I started a count down in early August 2016 with an early December 2016 "Sold Out" date. I can't imagine how depressing the wait must be for the stout pioneers who have been doing this for years. But then again I never thought the Chicago Cubs would win the World Series so miracles do happen.

That's even more depressing...

 

[Bookly]

Paul has said before that they have alternative funding available, but that it would involve selling off protected shares which would a) further dilute the shares held by the public and b) Paul would lose share/control of the company, which could risk the long-term vision of Elio Motors.

That does not appear to be a viable source of alternative funding.

Paul and insiders have lots of shares, but ELIO is thinly traded (a few thousand shares a day). If there was an attempt to sell the amount of shares one would need to raise real funding $ (many millions of shares), it would tank the price of the stock aggressively. And then it wouldn't provide significant funding even if the shares could be sold.

 

[Sethodine]

That does not appear to be a viable source of alternative funding.

Paul and insiders have lots of shares, but ELIO is thinly traded (a few thousand shares a day). If there was an attempt to sell the amount of shares one would need to raise real funding $ (many millions of shares), it would tank the price of the stock aggressively. And then it wouldn't provide significant funding even if the shares could be sold.

From what I understand, the publicly available shares are subject to dilution, compared to the protected shares that Paul et al. hold on to. I get the impression that there are a couple big money investors waiting in the wings who are interested in those non-dilutable shares.

 

[W. WIllie]

How many non-dilutable shares are there. In fact how many shares of ELIo stock are there?

 

[slinches]

Unless they've converted a bunch recently that I don't know about, I think there's ~27 million shares.

~1.4 Million of those were sold to the public for the Reg A+ offering, the rest are held by the private placement investors and by Paul and the rest of the board.

 

[Rob Croson]

Our rate is definitely on an obvious downward trend....

 

[Marshall]

Our rate is definitely on an obvious downward trend....

View attachment 21314

I'd be interested in seeing the gasoline price per gallon on that chart.

 

[slinches]

I'd like to see EM's ad spend rate on there as well.

 

[Johnny Acree]

And regular tour dates vs major shows vs no shows.

 

[Travelbuzz1]

At the paltry rate of 14 per day (rounded up), the "Sold Out" date is now
March 21, 2017. As a late comer, I started a count down in early August 2016 with an early December 2016 "Sold Out" date. I can't imagine how depressing the wait must be for the stout pioneers who have been doing this for years. But then again I never thought the Chicago Cubs would win the World Series so miracles do happen.

The countdown does not really matter with the 65k, it is a goal number with EM that was set and the actual number has been achieved.