TexasTesla
Elio Addict
ElioCoin is very puzzling.
OK, we all know ElioCoin is a “security token offering”, otherwise known as a STO.
By definition, the value of ElioCoin should be collateralized by the value of Elio Motors assets and/or sales revenues.
But what actual assets does Elio Motors currently have? They certainly don’t have any sales revenue. And one can assume they’ve already spent most of the non-refundable deposit money.
Do they have any valuable patents?
It’s my understanding that Elio Motors has lots of debt, and almost no cash.
ElioCoin seems to make no sense. How can it have any real value?
Maybe that’s why there’s never any objective ElioCoin news.
OK, we all know ElioCoin is a “security token offering”, otherwise known as a STO.
By definition, the value of ElioCoin should be collateralized by the value of Elio Motors assets and/or sales revenues.
But what actual assets does Elio Motors currently have? They certainly don’t have any sales revenue. And one can assume they’ve already spent most of the non-refundable deposit money.
Do they have any valuable patents?
It’s my understanding that Elio Motors has lots of debt, and almost no cash.
ElioCoin seems to make no sense. How can it have any real value?
Maybe that’s why there’s never any objective ElioCoin news.