pj rogers
Elio Addict
- Joined
- Mar 10, 2014
- Messages
- 229
- Reaction score
- 139
Actually he likes the vehicle, just does not believe paul elio can pull it off, just like the folks in Pontiac Michigan did not believe it either.
I guess the fact that on large investors are not willing to take a chance with EM does mean something. The numbers do not work.!
I bet Paul thought he would be at 40,000-50,000 reserved as of yesterday. But the likes are not money, the real test is commitment and 18,000-20,000 is not going to make a investor put up $200,000,000. !
Elio simply misjudged the market. Bty, in January 2010, the price of gas was so high, $2.71 a gallon...today, a dollar more. You would "think' just the gas price would bring the "money people" knocking on the door right? They are not knocking at all.
Is it EMs plan, the mgmt. team, or is it the vehicle itself? Probably all three!
I guess the fact that on large investors are not willing to take a chance with EM does mean something. The numbers do not work.!
I bet Paul thought he would be at 40,000-50,000 reserved as of yesterday. But the likes are not money, the real test is commitment and 18,000-20,000 is not going to make a investor put up $200,000,000. !
Elio simply misjudged the market. Bty, in January 2010, the price of gas was so high, $2.71 a gallon...today, a dollar more. You would "think' just the gas price would bring the "money people" knocking on the door right? They are not knocking at all.
Is it EMs plan, the mgmt. team, or is it the vehicle itself? Probably all three!