Lios Talk Nuggets

[Coss]

I knew Adesa would provide the transportation, but I did not know the marshaling centers would be at their locations.

They still have to raise $272 Million. Even if the get the ATVM loan of $185 Million, they must still come up with another $87 Million. It sounds like they underestimated the cost by $87 Million.

I hope their stock sale on NYSE MKT can cover the entire amount.

I believe originally EM was going to assemble their own engines because I remember hearing a spot for installing turbos had been left in their assembly line. Now they have farming it out to Linamar. Probably good move. Another major headache EM does not have to deal with.

Have you added in the $99mil they have just reported that they have earned?

 

[Jeff H]

I think that's what the folks in the Slingshot were doing at IIHS test track.
Didn't work out too good for them.

Care to give more details? I've seen one around town and on the interstate. It didn't appear to have great handling characteristics from what I observed. I wrote it off as driver error, but now knowing that the Elio's wheel base is within an inch, lower center of gravity and evenly distributed on the axis, I'm curious if the Polaris can get a little wild when pushed.

 

[pistonboy]

Have you added in the $99mil they have just reported that they have earned?

I wish that were the case. Their slide (23/33) said they had raised a total of $99 Million through May 31, 2016. The next sentence said they need to raise an additional $272 Million.

Perhaps someone can do a screen capture. It has good information.

 

[LillyMayPatterson #1685 & #5648]

I looked on youtube and the elio site, can't find presentation.

 

[WilliamH]

Care to give more details? I've seen one around town and on the interstate. It didn't appear to have great handling characteristics from what I observed. I wrote it off as driver error, but now knowing that the Elio's wheel base is within an inch, lower center of gravity and evenly distributed on the axis, I'm curious if the Polaris can get a little wild when pushed.

Sure. Thought everyone had seen this.
But here's the Youtube video.
--->

<---

 

[Ty]

I looked on youtube and the elio site, can't find presentation.

http://wsw.com/webcast/liolios2/reg...XklgBcTYaS-XDg_XB1kpdf849ETKWQ&_hsmi=33979959

 

[raptor213]

I wish that were the case. Their slide (23/33) said they had raised a total of $99 Million through May 31, 2016. The next sentence said they need to raise an additional $272 Million.

Perhaps someone can do a screen capture. It has good information.

 

[raptor213]

I also saved this snapshot; it's hands down the most comprehensive supplier list I have seen to date. I apologize for the low resolution image:

 

[pistonboy]

Credit for this goes to raptor 213. See above. I simply enlarged it.

It show they need to raise an additional capital of $272 Million to start production.

Thanks raptor213.

 

[Ekh]

Regarding the lock-to-lock business, I have asked Elio for the data on "turns lock to lock". We'll see what they say. It shouldn't be any big secret.