Put A Fork In It. Elio Is Most Likely Toast.

[Elio Amazed]

Heard of Zack's... Read the 25 page report?

Yeah, well... It sure hasn't seemed to do anything for the current price.

 

[Doug McDow]

Yeah, well... It sure hasn't seemed to do anything for the current price.

That might be a good thing for those looking for a good time to buy Elio stock

 

[slinches]

Haven't you heard? Trump Kicked Paul's Puppy, Medical Bills Cause 3-Wheel Car Maker to go Bankrupt!

Isn't amazing how sensational your headlines can be when you just make shit up. Besides, reading an analytical report is boring and difficult.

 

[Muzhik]

lol, with the shape of the Elio, it would more likely be called Herbie the Love Slug...

Hey, Slinches! Are you going to take that lying down?

 

[Ty]

Ive been hearing about them for years now.... They aren't biting.

I would bet Paul is not letting them bite. Why would he give away half his company when he can do it without them? When there is no other choice, and failure is imminent (it isn't yet), he'll accept the financial help and the expense of a chunk of the company. It would be foolish of Paul to do otherwise despite how badly we all want him to start right now.

 

[Bookly]

I would bet Paul is not letting them bite. Why would he give away half his company when he can do it without them?

I sincerely hope you're right, yet it seems an implausible conclusion given so many years of seeking funding. It isn't clear that Elio is even eligible for the ATVM loan (although that could vary depending on who was in charge).
The stock price could bounce briefly on some good news, but will likely trend further south without a real funding announcement.

 

[Horn]

I would bet Paul is not letting them bite. Why would he give away half his company when he can do it without them? When there is no other choice, and failure is imminent (it isn't yet), he'll accept the financial help and the expense of a chunk of the company. It would be foolish of Paul to do otherwise despite how badly we all want him to start right now.

I don't think that is correct. Also, he puts himself in a worse position if he doesn't get the ATVM loan and has to go back.

If I was one of the investors that shot him an offer.....say $200M for 50%. He says no and mentions the ATVM loan. Say I want to stick with that offer, but it's no big deal if I invest elsewhere. 1, 2, 4 years etc I find out he didn't get the ATVM loan. Now I know he NEEDS outside Investors. Sure I'll give him the $200M, but this time I want 75%.

As of right now, he isn't doing it without them and can't do it without them or the government loan. I still don't think he will get the ATVM loan for the reasons Bookly mentions.

 

[Ty]

I sincerely hope you're right, yet it seems an implausible conclusion given so many years of seeking funding. It isn't clear that Elio is even eligible for the ATVM loan (although that could vary depending on who was in charge).
The stock price could bounce briefly on some good news, but will likely trend further south without a real funding announcement.

Well, put yourself in Paul's shoes... I'll guess here...

Hi, I'm Paul Elio. I've been spending the past few years working on every businessman's, engineer's, and entrepreneur's dream - building my own car company. While doing this, I'm not living like a pauper as most people starting a business do. I'm paying myself a smooth $250,000 a year while doing it. Sure, some of that pay could be deferred and paid at a later time but right now, I want for very little. Not many engineers can design and build their own car. I'm getting to do that and I'm having a blast! Man, this is some fun times! It's hard work, that's for sure, but I really enjoy it. There are a couple of venture capitalists that want in on the fun but I think I can do this without having to give away a chunk of my company. All I have to do is survive long enough for the ATVM loan guarantee to come out. If I can make it to that, I can get the company the rest of the way. We may have to work with credit from suppliers for a short while but we've already figured that in. The great reservationists are getting a little antsy but we'll get there. Once I've built all of their cars, I can finally start making a profit on each one sold. I mean, it's going to be hard enough to sell cars while matching... what? $650 of matching funds for some plus the $300 worth of price lowering that we did to get binding agreements. Come on, we aren't giving that money away for nothing. That's the price of getting this thing started. I'm still a little miffed that President Trump met with three of the big manufactures here but left Elon and me out. Anyway, my coffee's gone cold. Have a nice day and thanks for supporting my little endeavor both financially and through your internet postings!

 

[Horn]

You are making the assumption that there are VCs out there that are ready to give PE the money. You are also making the assumption that they are getting the ATVM loan. In your statement, it a matter of When....not If. IMO the issue is IF they get it.

 

[Coss]

I sincerely hope you're right, yet it seems an implausible conclusion given so many years of seeking funding. It isn't clear that Elio is even eligible for the ATVM loan (although that could vary depending on who was in charge).
The stock price could bounce briefly on some good news, but will likely trend further south without a real funding announcement.

I don't think that is correct. Also, he puts himself in a worse position if he doesn't get the ATVM loan and has to go back.

If I was one of the investors that shot him an offer.....say $200M for 50%. He says no and mentions the ATVM loan. Say I want to stick with that offer, but it's no big deal if I invest elsewhere. 1, 2, 4 years etc I find out he didn't get the ATVM loan. Now I know he NEEDS outside Investors. Sure I'll give him the $200M, but this time I want 75%.

As of right now, he isn't doing it without them and can't do it without them or the government loan. I still don't think he will get the ATVM loan for the reasons Bookly mentions.

Until you are able to go behind the doors and into Elio Motors all everyone is doing is guessing and speculating.