What Is Elio Stock Trading For Today?

[Rickb]

Fortunately I didn't get scammed!!!

Neither have FUV or SOLO reservationists been scammed while waiting on showtime. I credit EMV for offering matching reservation deposits (on any vehicle) up to $1K on the SOLO

 

[3wheelin]

Fortunately I didn't get scammed!!!

Scammed? You're so behind in the news it's funny!
There are FUV and SOLO owners enjoying theirs for a while now!

 

[Watashiwah]

How did EM creep back up to .50 ??

 

[Samalross]

How did EM creep back up to .50 ??

People doing short term trading. It is the same as the Robin Hood stockholders investing in Hertz. Everyone knows that these stocks are worthless, hoping to make money until someone is left holding the bag.

 

[Aufgeblassen]

People doing short term trading. It is the same as the Robin Hood stockholders investing in Hertz. Everyone knows that these stocks are worthless, hoping to make money until someone is left holding the bag.

Does the bag have dog poop in it?

 

[Watashiwah]

Still Elio Motors climbs back up to $ .50 !! It’s perplexing: there are numerous companies with viable and marketed products that struggle below .50. SENS comes to mind. Anyone know what happened with XTI Aircraft, btw? There used to be some chatter here on them.

 

[Aufgeblassen]

How did EM creep back up to .50 ??

Somebody MANIPULATED the price to make a killing.

 

[RSchneider]

Here's one of the few recent articles that talks about Elio Motors.
https://www.crowdfundinsider.com/20...rcharge-reg-a-crowdfunding-with-going-public/

 

[dbacksfan81]

So out of curiosity, I went and looked at all the filings with the SEC, and found that in April of 2018, they filed to withdraw their registration with the SEC as a public company selling stock, and were going to private funding effective the date of the filing. This may explain why they have been silent.

https://sec.report/Document/0001140361-18-019497/

Securities and Exchange Commission

Attention: Mr. J. Nolan McWilliams, Attorney-Advisor, Office of Transportation and Leisure

Division of Corporate Finance

100 F Street N.W.

Washington, D.C. 20549



Re: Elio Motors, Inc.

Withdrawal of Registration Statement on Form S-1, File No. 333-219650



Ladies and Gentlemen:



Pursuant to Rule 477 promulgated under the Securities Act of 1933, as amended (the “Securities Act”), Elio Motors, Inc. (the “Company”) hereby respectfully requests that the Securities and Exchange Commission (the “Commission”) consent to the withdrawal of its Registration Statement on Form S-1, File No. 333-219650 (together with all exhibits thereto, the “Registration Statement”), effective as of the date first set forth above. The Company has decided not to utilize the Registration Statement for an offering of common stock at this time and will instead pursue certain strategic alternatives in connection with its capital raising plans. The Company believes the withdrawal to be consistent with the public interest and the protection of investors. The Registration Statement was filed by the Company on August 3, 2017. The Registration Statement has not been declared effective by the Commission, and no securities have been issued or sold under the Registration Statement.



The Company requests that, in accordance with Rule 457(p) under the Securities Act, all fees paid to the Commission in connection with the filing of the Registration Statement be credited for future use.



If you have any questions with respect to this matter, please contact Dean M. Colucci of Duane Morris LLP, at (973) 424-2020

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[Josh]

Or the real reason, which is; what can he say? He led a project that was doomed to failure from inception. Pe has gone dark and underground to protect himself.