Your prediction is correct based upon what PM told the investigative board on 10/26/2016. First let me say I have always backed the Elio project and have never spoken badly about the delays in production I've invested my $1000.00 many many years ago and have a low production number. I've invested in the company by purchasing shares ( again big $$$ ) with the hope that the autocycle will come to light. I've brought many co-workers and friends into the Elio project and they have invested both reservations and stock, so I am doing everything I can to move this along. I've attended all previews of the Elio right from the original protype up to the present, I've sat in them and talked with the E-team many times which is why I'm at this point. This project needs $$$ and the only true way of getting it is to form a relationship with hard money, but in do so certain steps must be taken to acquire the money. NO ONE is going to hand out a few million dollars without some say in how the investment will proceed. ( except the government ). So in order to get assistance PM needs to hand over some control of the company to the investor ( 10 %, 20, 30 etc ), but being a man of principles he won't, hey wants COMPLETE control and it an't goner happen. This entire world is made up of deals, and he's got to accept it. So the new production date of 4th Q of 2017 means nothing. It could be 4th Q of 2018, 2019 .2020 etc. I for one may not be around and I'm sure many of our older members are in the same boat, so I'm passing on my reservation to my grandson..... as a bequest , if I'm still around I'll be driving the Elio, if not he will sometime in the future have the pleasure