Here Is The Skinny On The Stock..........

[Capes]

OK Ty, As of 2-18-16 there are 26,487,548 shares outstanding and 1,410,048 in float. Please tell me what that means. And are there 'new shares available to buy from elio and how and how much? Please explain.

The 1,410,048 are those traded publicly. The rest are owned by Paul and other Elio insiders?
That's what it is supposed to mean anyway..........

 

[Coss]

So if you bought all the shares, you'd own 1/26 of the company, and the others have 25/26 of the company
Just break out the check book

 

[Capes]

The 1,410,048 are those traded publicly. The rest are owned by Paul and other Elio insiders?
That's what it is supposed to mean anyway..........

You know I take that back.
I guess the crowdfunding people "ARE" the Elio insiders.
That would mean only 1.400,000+ shares that the public can buy!
That makes more sense.....................

 

[Lil4X]

I expect that Gizmodo and Jalopnik may go up for sale as they were innocent bystanders in the tabloid suit. Gawker proper, probably not so much. The other sites probably aren't worth much, but the Media Group may be forced to liquidate everything before this is over. Meanwhile the value of the company has taken a heavy hit and investors will be hard to find.

 

[WilliamH]

Those who live by the innuendo and slur die by the lawsuit!

 

[Rickb]

If businesses can live on innuendo, slur, and lies they must have a customer base that believes and buys whatever it is they are marketing or selling. Their business suicide is when they stepped over the fine line of free speech and broke the law.

 

[outsydthebox]

If businesses can live on innuendo, slur, and lies they must have a customer base that believes and buys whatever it is they are marketing or selling. Their business suicide is when they stepped over the fine line of free speech and broke the law.

That's true...I read it in the Enquirer!

 

[Marshall]

The 1,410,048 are those traded publicly. The rest are owned by Paul and other Elio insiders?
That's what it is supposed to mean anyway..........

100,000,000 authorized
26,487,548 shares outstanding
1,410,048 are those traded publicly.
25,077,500 shares which are restricted. That may be for various reasons including restricted ownership, set aside for stock bonuses or reserves against options (my suspicion is that this is the bulk of this category) This is probably how Paul can maintain control of the company.

But note that there are 73,512,452 shares authorized, but not outstanding which could be used to dilute your ownership interest. My suspicion is that this is a backup financing plan to the ATVM loan. At $5 per share, that would make $367,562,260 available as a last resort. But I'm sure Paul does not want to risk losing controlling interest by diluting his ownership interest that much.

 

[wizard of ahs]

I used to like reading Jalopnik - that article was not helpful to those who would like to see the Elio produced, and in my opinion, was somewhat derisive.

Jalopnik is about as Anti-Elio as you can get; we have had conversations with them that ended up in arguments because the people reporting on there can take the time to check facts; they have twisted stories, and flat out made things up, so Jalopnik is considered a non reliable source.

Jalopnik is just another RAG

 

[ross]

I hope elio becomes a penny stock, I wanna pick up a bundle before they go into production!

Once they go into production the stock will rise, the gamble is if they go into production. Place your bets. I have.