The following are lists of documents filed on 2021 Sep 08 with the SEC
A list of the main document is:
A list of all documents is:
A list of the main document is:
A list of all documents is:
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You can register using your Google, Facebook, or Twitter account, just click here.agree .... while I hope they succeed, history says we can't rely on promises made and from this time forward need to judge their entire operation based on promises keptIf you read through all that, it doesn't look good. Heavy debt and hopes of obtaining funding to try to produce an electric vehicle that will be priced at double their original price for a gas engine vehicle. It will take a miracle for Elio Motors to come to market with a mass produced vehicle. In my opinion.
Amen.agree .... while I hope they succeed, history says we can't rely on promises made and from this time forward we need to judge their entire operation based on promises kept
Tesla Model 2 starts at $19k...I found this statement somewhat misleading "The new Elio model-E with a targeted base price of $14,900 is making it the most affordable electric vehicle on the market." Ah, there are other vehicles out there, like electric scooters, bicycles, etc that are more affordable. Did they mean cars? Well no. The Elio is a type of motorcycle. They never passed a law defining a enclosed three wheeled vehicle as a special category. Perhaps they meant they were in a category all by themselves? Perhaps they could get a government grant by providing covid isolation vehicles? (Just kidding). Regardless, it still all comes down to funding.
Name and Address of Beneficial Owner | Shares (#) | Percentage (%) | ||||||
5% or Greater Shareholders: | ||||||||
Paul Elio (1) | 17,995,000 | 17.4 | % | |||||
Elio Engineering, Inc. | 12,750,000 | 43.1 | % | |||||
Stuart Lichter (2) | 9,766,459 | 22.5 | % | |||||
Named Executive Officers and Directors: | ||||||||
Kenneth Way (3) | 189,261 | 0.6 | % | |||||
James Holden (3) | 142,578 | 0.5 | % | |||||
Connie Grennan | - | - | ||||||
Hari Iyer | - | - | ||||||
David Schembri (3) | 4,000 | - | ||||||
All current directors and executive officers as a group (7 persons) | 27,476,450 | 83.1 | % |
(1) | Includes 12,750,000 shares owned of record by Elio Engineering, Inc. of which Mr. Elio is the President, a director and majority shareholder. |
(2) | Includes 1,946,378 shares issuable upon exercise of immediately exercisable options. Includes shares of Series C and Series D Preferred Stock which are immediately convertible into 531,416 shares of Common Stock and immediately exercisable warrants to purchase 25,000 shares of Common Stock owned by Shreveport Business Park, LLC, an entity owned and controlled by Mr. Lichter. Includes 620,847 shares not issued and reflected as stock payable on the Company’s balance sheet. See Item 5. “Interest of Management and Others in Certain Transactions.” |
(3) | Includes 20,000 shares of Common Stock issuable upon the exercise of immediately exercisable options. See Item 5. “Interest of Management and Others in Certain Transactions.” |