The Elio Engine

[Elio Amazed]

With all the splitting of hares on here, you guys have got this little feller really worried...

 

[Rickb]

EM has a $1,323,000 outstanding debt agreement with IAV for the engine development, although unsure if EM is behind in payments.

 

[Grumpy Cat]

EM has a $1,323,000 outstanding debt agreement with IAV for the engine development, although unsure if EM is behind in payments.
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And as I've said time and time again, "how many companies are flush with cash (no debts whatsoever) when they start?"

 

[booboo]

And as I've said time and time again, "how many companies are flush with cash (no debts whatsoever) when they start?"

and how many American companies have started a mass production of a wholly new vehicle recently ?
Answer, none.

 

[Maurtis]

and how many American companies have started a mass production of a wholly new vehicle recently ?
Answer, none.

Do the Tesla S and X not count?

 

[Rickb]

And as I've said time and time again, "how many companies are flush with cash (no debts whatsoever) when they start?"

My post regarding the IAV debt agreement was to indicate that IAV may likely be the supplier that has the legal dispute. I don't care about EM's debt or the legal dispute. However, I was hoping EM would have more to show after nearly a decade of accumulated debt..........like a validated vehicle screaming around the test track and 100 crated finely tuned IAV engines waiting to be dropped into the 100 fleet vehicles.

 

[Lawrence G.]

I hear you Rick.

Do a google search on Elio Shreveport and you will see what is going on at the plant with the local newspaper.

Remember, those are the 1,800 people who don't have a job.

 

[pistonboy]

EM has a $1,323,000 outstanding debt agreement with IAV for the engine development, although unsure if EM is behind in payments.
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Very good Rickb!
While the rest of us argue, you find the facts.

 

[3wheelin]

And as I've said time and time again, "how many companies are flush with cash (no debts whatsoever) when they start?"

We all knew that already Grumpy Cat! That line of reasoning has been used and abused so many times frankly I'm tired of it! You were looking for verification and Rickb did the research for you so at least give him credit! Accept the fact or stay with your blinders, your choice. Jeez.

 

[JEBar]

warnings to refrain from moving this thread in the direction that fosters confrontation between members have gone unheeded .... consequently it is very close to being locked and I've reached the point where I'm equally close to suspending some members