Bring On 2017!

[W. WIllie]

"Eight prototype and Engineering vehicles"???
I'm trying to account for ALL of them.

 

[3wheelin]

Recently our beloved Spanish speaking moderator was attributed to several online quotes.
Do not consider them to be the same as direct quotes.

They were taken from our public post collection that includes standard risk statements and disclaimers.

 

[Elio Amazed]

"Eight prototype and Engineering vehicles"???
I'm trying to account for ALL of them.

5 "Ps" and 3 E-series. right?

 

[booboo]

Bring on the funding
to bring on the finalized engineering
to bring on the production
to bring me my Elio 2017.

 

[wizard of ahs]

No one gets an Elio in 2017

 

[raptor213]

5 "Ps" and 3 E-series. right?

The most discouraging part of that recent email blast from EM was the statement about only 8 vehicles having been finished to date. I was holding out hope that more E-series builds have been completed, and they are strategically delaying breaking the news until some undetermined date in the future.

As I understand the process, they aren't building one E-series vehicle at a time, but rather in batches of 5 or so at once. When E1c was revealed to be manufactured with over 80% soft tooling, meaning casts, dies, molds, processes, checklists, etc had been ironed out to a level very near to a manufacturable production vehicle, I became very optimistic that the pace of E-series vehicle development and rollout would accelerate rapidly. Here's to continue hoping...

They've muscled through the difficult part of reverse engineering the processes needed to manufacture their beloved widget. So now they have the IKEA furniture laid out in pieces with a detailed instruction sheet drafted. All that's left, seemingly, is sourcing parts and the manpower to follow the instructions a few more times over.

 

[Johnny Acree]

well,,, you, and I won't,, but if you have a 3 digit number you might.

 

[3wheelin]

https://www.eliomotors.com/bring-on-2017/

January 6, 2017

[Broken External Image]

Happy New Year from Elio Motors. This year will be an exciting year of continued progress for our company. We say “our”, because without your support, whether you are a shareholder, reservation holder or a passionate fan, you are the main reason for our continued success. This company has been built by the people, and is unique in our approach to this enormous challenge.

Recently our CEO was attributed to several quotes with statements on the company’s financial health by small news entities and blogs. They are not direct quotes from our CEO. They were taken from our financial statements, which are public reports that include standard risk statements and disclaimers. They are designed to communicate the various risk factors for investing in a start-up company and are part of thousands of reports submitted each quarter by public companies to the Securities and Exchange Commission.

[Broken External Image]

The status of our company and our progress has always been predicated on funding, which is true for all start-up companies, not just Elio Motors. It requires significant investment to build a company of this size, and we have accomplished countless milestones along our journey including:

• Over 63,600 reservations for our revolutionary vehicle
• Eight Prototypes and Engineering vehicles
• Securing and engaging a world class supplier team
• Taking the company from private to publicly traded
• Secured a factory to build our vehicle in Shreveport, LA
• Engineering, design and soft tooling for production of the revolutionary Elio
• Compiled a strong board of directors and leadership team
• Shovel ready to create over 20,000 direct and indirect jobs
• State by state legislation victories for autocycles
• Manufacturers agreeing to move production and manufacturing jobs from overseas to the US and our plant

These are just a sampling of the milestones we have reached on our way to production.

Our goal is to achieve our “must haves” by creating an ultra-low cost, ultra high-mileage, safe vehicle in the US – made by American workers. We work every day to secure subsequent funding, develop the vehicle further and help spread the word of Elio. We are willing and prepared to do whatever it takes to make Elio Motors successful.

That is what America is about, we meet our challenges, overcome, and never quit!
Thank you again for your continued support!

'Recently our CEO was attributed to several quotes with statements on the company’s financial health by small news entities and blogs. They are not direct quotes from our CEO. They were taken from our financial statements, which are public reports that include standard risk statements and disclaimers. They are designed to communicate the various risk factors for investing in a start-up company and are part of thousands of reports submitted each quarter by public companies to the Securities and Exchange Commission.'
Funny! Financial statements don't lie, they can't doctor the numbers so it is what it is, so who cares if the quotes came from the CEO or not?? Everybody now knows where EM stands and it does not look good financially. (source: EM). I'm curious who ACTUALLY writes this Momentum updates/e-mail??? Does Paul Elio had some input on it??

 

[imageon]

MK

 

[Maurtis]

The most discouraging part of that recent email blast from EM was the statement about only 8 vehicles having been finished to date. I was holding out hope that more E-series builds have been completed, and they are strategically delaying breaking the news until some undetermined date in the future.

As I understand the process, they aren't building one E-series vehicle at a time, but rather in batches of 5 or so at once. When E1c was revealed to be manufactured with over 80% soft tooling, meaning casts, dies, molds, processes, checklists, etc had been ironed out to a level very near to a manufacturable production vehicle, I became very optimistic that the pace of E-series vehicle development and rollout would accelerate rapidly. Here's to continue hoping...

They've muscled through the difficult part of reverse engineering the processes needed to manufacture their beloved widget. So now they have the IKEA furniture laid out in pieces with a detailed instruction sheet drafted. All that's left, seemingly, is sourcing parts and the manpower to follow the instructions a few more times over.

8 vehicles to date, but P1 - P5 were built before 2016. So in 2016 we had one complete E1c and the other two E series we do not know how complete they were. Saying "In 2016 we built one E series and two partials!" sounds a lot less impressive, LOL.

So the targets for the year were to build 23 E series and start on the 100 fleets. Instead we saw 3 E series only. Yuck. For all we know there might be a holdup on producing the rest of the E series models other than funding, but we have no way of knowing without word from the inside.

I continue to hope for an Elio in my driveway in the future, and am VERY close to picking up a few more shares since we are below $9. But I would not feel comfortable telling my mom to pick up shares...