Something’s Gotta Give.....

[Watashiwah]

and they have YOU carrying the flag,-Z was the best, but gotta give you credit. Just keep re-arranging the deck chairs, and watch for icebergs

I'm personally 'ok' with Elio trying to lure big time investors who are, rightfully, seeking profit by investing and absorbing risk. WTS, it is a good thing that EM is not taking reservations for vehicles considering all that has happened. If people want to dabble in stock, either shorting EM, or genuinely speculating on growth, more power to them, but EM relying on SIL's for such a product for individuals, would just be bad juju.

 

[Sega]

STILL...
1. There is still an ElioMotors website.
2. There is still a Momentum and 3Wheeling blog each week.
3. There still has not been any towel thrown in by Paul or ElioMotors.

1. I can go get a website right now. No big deal.
2. A blog..... really?
3. There is absolutely no reason to throw in a towel. What good would that do for Paul Elio? He is married to this project. He might not have thrown in the towel, but he is down by 28 points with 40 seconds left.

 

[Johnny Acree]

So you think the New England Patriots should have quit playing at the end of the third quarter.
Quarter 4

New England engineered another scoring drive to open the final period, but a pair of sacks in the red zone forced the Patriots to settle for a 33-yard field goal. The points would prove necessary, but it left the team needing two touchdowns and two two-point conversions.

Atlanta 28, New England 12

In the most improbable of games, the Patriots had come back to make history.

New England 34, Atlanta 28

Some would say that Atlanta quit playing, but my point is you don't quit playing before the game is over.

 

[Frim]

I've pretty much thrown in the towel. Still a glimmer of hope, but i'm not holding my breath. Not mad or upset. I rolled the dice on a project I believed in and still do. I don't think this is a scam or anything close to fraudulent. It's a start up business in arguable the toughest market to get into. It was risky from the get go. I still check here almost daily, but not surprised when i don't hear any news.

Ditto I still believe in the vision.

 

[Maurtis]

We know ELIO will happen in 2019 as well. And we will keep the facts to ourselves...figure it out...the true facts are always hard to discover. Better the facts come out VERY slowly so the share price is low as long as possible for people buying shares monthly. Only extreme patience or sleuthing will be rewarded this time. And the people doing the sleuthing have been silenced. And just like that...back on the sideline...visiting often, but silenced by a vocal anti-Elio pessimist minority negatively influencing the pro-Elio but slightly impatient majority (very effective in the short run only). We're impatiently waiting for the big funding & legislation reveal followed by autocycle category domination. Yes, this is business as usual if you are an early adopter...practice your patience, diversify with other researched start ups on crowdfund platforms or miss the big time for ELIO. Your call...but we'll have the funding news to celebrate very soon...probably by Spring 2018 after the LA court date and own a licorice & creamsicle ELIO sometime in 2019! Happy New Year!!!

You statement confuses me. Are you saying that you do indeed have facts that say funding and NASDAQ listing are coming through? If you are protecting sources, a simple "yes, I have facts that say this" will suffice. But if it is just speculation and optimism, that is different. Commendable but not fact.

I too believe in the vision and keep resisting selling off my stock at $4. While Elio Motors has made some missteps along the way I believe in the idea and think if it did see production that it would be a stellar success. A ridiculously affordable commuter that is sensible and fun to drive? I really think the tandem cockpit will make for an incredibly engaging driving experience. And with a stiffer adjustable suspension setup, sticky tires and a turbo it will be a hoot to canyon carve in especially at half the weight of my Miata.

 

[Sailor Dog]

You statement confuses me. Are you saying that you do indeed have facts that say funding and NASDAQ listing are coming through? If you are protecting sources, a simple "yes, I have facts that say this" will suffice. But if it is just speculation and optimism, that is different. Commendable but not fact.

I

I do not have more facts than anyone else. If I knew for sure I'd borrow money to buy or short shares of stock. I've already accepted the worst case scenario..... my $1,000 deposit along with a couple hundred shares will be flushed down the toilet, and then I'll either buy a cheap new car or a good used one from Craigslist. The rags in Shreveport waste no time in reminding me of my worst case scenario, but I choose to focus on the positive side of things and keep believing I'll see an Elio in my driveway in 2019.

We're working with the same facts as anyone else. Just motivated to dig deeper. I'm in down to $3 on ELIO and maybe 200 new shares more then and then all the speculative $$$$ transfers to XTI @ $1 crowd funded...has to get to $4 I believe to just IPO on NASDAQ l hope.... True for both!

 

[Samalross]

Be careful with Elio. It does not qualify as QX any more, if it goes to QB the drop can be real quick.

 

[Sailor Dog]

Be careful with Elio. It does not qualify as QX any more, if it goes to QB the drop can be real quick.

Up 9 cents on otcqx , but seriously...what?!?! What are the facts now???

 

[Watashiwah]

"The OTC-QX is a different matter. In order to qualify there is a minimum share price requirement and also a "non-penny stock" requirement -

1. Have a bid price of $5 or more; or
2. Have net tangible assets of $2,000,000, if the issuer has been in continuous operation for at least three years, or $5,000,000, if the issuer has been in continuous operation for less than three years; or
3. Have average revenue of at least $6,000,000 for the last three years."

And about the "tiers:"


Distressed Tier
This tier is not for the faint of heart. Companies falling in this tier will all be listed under:

• Limited Information: These are companies that fit one of the following criteria:
  • They have information that is available to the general public but is older than six months and does not usually conform to the pink sheets OTC-market guidelines.
  • These companies could also have filed with the SEC but have not updated their information.
  • You will also see companies here if they have filed information with the OTC Disclosure and News Service. They must have, at a minimum, a balance sheet, income statement and shares outstanding within the last six months.
  • Companies that have gone bankrupt will also appear on this list. These newly bankrupt companies are required to file information with the OTC Disclosure and News Service promptly.

Read more: The Over-The-Counter Market: An Introduction To Pink Sheets https://www.investopedia.com/articles/fundamental-analysis/08/pink-sheets-ottcb.asp#ixzz4zqEUedNB
Follow us: Investopedia on Facebook

 

[Ty]

DonnyBoy, I've been telling some friends for a while now that if I had the money and ability, I'd short Elio. They have nothing new. No revenue and no real plans for revenue. That doesn't give anyone confidence in investing.

Excellent 2nd post on an Elio Enthusiast board... (sarcasm intended)
They have nothing new. Put batteries in a car... nothing new about that... In fact, Elon Musk built his Tesla 180+ years after the first one.
No revenue and no real plans for revenue... Elio makes a little money. Actually, Elio nets FAR more than Tesla right now. As sad as that is. In fact, isn't Tesla burning through about $480,000 an hour? That's the opposite of making money.

People are investing in Tesla because it seems they'll make a profit and they probably will. Elio probably will also. They have a bill of laden and can easily figure out the man hours required to assemble the vehicle (as an industrial engineer who worked at that same GM plant, I can tell you these things aren't hard to figure out). They've also priced their vehicle to cover costs including sales, manpower, warranty work, and all that while maintaining a $1,000 per vehicle profit. That sounds like a real plan to me. Will it work? Time will surely tell.