What Is Elio Stock Trading For Today?

[Made in USA]

Hmmmm, i think the reservations, because of the discounting (the profit numbers never worked from the ‘get go’), are at the very crux of the financial problems. The reservations are a burden, not a benefit, imho. All that did was put a bunch of early money in the coffers.

Maybe, but all the reservationists have an interest, if not in the Elio, then something similar. They are all potential sales leads.

 

[dbacksfan81]

Just did a search on tZero, and it's worth less than Elio. January of 2019 tZero had a market cap of $229,501,221.25. As of this morning, it's trading for $0.84/share and has a market cap of $19,671,533.25. That's a loss of over $200 million in 10 months. Looks like Elio Coin is DOA.

https://stomarket.com/sto/tZERO/trading#topofsticky

 

[Elio Amazed]

Maybe, but all the reservationists have an interest, if not in the Elio, then something similar. They are all potential sales leads.

I don't know about that. Maybe you, but not "all the reservationsists". Personally, anyone who calls me on the phone to talk about selling me something "similar" to the Elio is going to get the compressed air horn. If a local car dealer gets a bunch of them on a lot at $7500, I might take a look. But what are the odds?

 

[Samuel Gompers]

It is somewhat perplexing to try to comprehend just who would buy ELIO at any price. Insiders run the risk of legal penalties, and all investors/speculators run the economic risk of total loss. The designs are worthless, the reservations are a liability. The plant has a current value more as real estate rather than as a production facility.

As an idea (economical, fun, gas-powered trike), "the Elio" is still viable. As a vehicle, investment, or company, no.

 

[dbacksfan81]

It is somewhat perplexing to try to comprehend just who would buy ELIO at any price. Insiders run the risk of legal penalties, and all investors/speculators run the economic risk of total loss. The designs are worthless, the reservations are a liability. The plant has a current value more as real estate rather than as a production facility.

As an idea (economical, fun, gas-powered trike), "the Elio" is still viable. As a vehicle, investment, or company, no.

This begs the question, who would invest in either tZero or Elio. I was an investor back in 2016, but realized that the investment and manufacturing model was not viable and sold my stock at $22.00 and broke even.

The fact that tZero does not seem sustainable as an investment platform for secure tokens as an alternative to traditional stock purchases leads most investors (as well as the OTC Pink Sheet investors) away from Elio or tZero. It seems a lot like investing in Savings & Loan banks before they crashed.

Would you invest your money in a stock trading platform, or an investment coin (similar to a stock certificate) that lost the amount of money that tZero has lost in the last year?

The $2.5 million that Patrick Byrne/Overstock invested is long gone. Patrick took his $90 million out of Overstock and tZero and is now on a beach in Indonesia which has no extradition treaty with the US.

Overstock is losing money and is having a hard time trying to stay above $7.00/share and it's not people selling for tax reasons. Overstock has lost $18.00/share since July, and regardless of how many people think that Wayfair/Walmart/Target/Amazon and others would buy Overstock for their network, they all already have a platform that renders Overstock useless.

 

[Watashiwah]

My apologies for being so tangental to the thread but maybe there is room for Overstock, with focused management. Wayfare/Walmart/Target/Amazon can ‘duke it out’ with new stuff but as the economy further improves (knock wood) maybe there is yet another place for liquidators. That is also if OSTK can get back to it’s core and purge itself of the mercurial Pat Byrne stink. Call me crazy but I think Amazon (and many other things Bezos) is going to suffer a comeuppance.

 

[Samalross]

Elio stock is interesting. It's still around $0.90 a share. No idea why. No info, no blogs, not even a Merry Christmas. No ElioCoin.
If people decide to dump their stock time is running out. This begs a question: Would any of you be interested in buying stock at all under these circumstances? If the value dropped to $0.10 a share would you invest? My personal answer to this is no. Before I invest in them again I need to see something big happen and production start. I just don't trust Paul Elio's "promises".

If the stock gets de-listed from the OTC exchange, is it worthless, or would it still have value if the company were sold to someone?

I would never buy at 10 cents, company value is sales leads for a similar concept car. Someone might buy company for a cent a share, get sales leads then place in bankruptcy.

 

[Samalross]

My apologies for being so tangental to the thread but maybe there is room for Overstock, with focused management. Wayfare/Walmart/Target/Amazon can ‘duke it out’ with new stuff but as the economy further improves (knock wood) maybe there is yet another place for liquidators. That is also if OSTK can get back to it’s core and purge itself of the mercurial Pat Byrne stink. Call me crazy but I think Amazon (and many other things Bezos) is going to suffer a comeuppance.

I remember seeing a picture of their warehouse. Looked like technology from the seventies. Someone could buy an old Sears warehouse and have technology that is only fifteen years old. The accumulated debt load of OSTK will be almost impossible to overcome.

 

[Elio Amazed]

It is somewhat perplexing to try to comprehend just who would buy ELIO at any price. Insiders run the risk of legal penalties, and all investors/speculators run the economic risk of total loss. The designs are worthless, the reservations are a liability. The plant has a current value more as real estate rather than as a production facility.

As an idea (economical, fun, gas-powered trike), "the Elio" is still viable. As a vehicle, investment, or company, no.

Elio Motors doesn't own the plant. The Parish does.

 

[Made in USA]

Elio Motors doesn't own the plant. The Parish does.

If I recall correctly, Elio does own all the equipment in the plant. Not that it is worth a whole lot now. I think the database of the reservationists has value as potential sales leads.

So what is Paul Elio up to? No blogs. No e-mails. And more important, no financing. Not even a Happy Holiday. Really sad.