Zacks charges 25 to 50 k for the reports. With Madoffs money they would have said that there was no fraud. Elio was on the low end of their ratings even though they valued the stock at I believe $45 dollars."The information from Zacks was a very rare one off kind of report."
That's an interesting perspective: For $ 10,000, Bernie Madoff probably could still get a positive report from them. Stu knows this and is distancing Elio Motors from the "Report Mills." Without Nasdaq and the 100 million he can kiss his 25 million goodbye. Heck, with the 100 million, even Paul might can get some of the 27 million, or so, of the stock 'paid' to Elio Engineering cashed out.