Interesting Reading From 2010

[jetpack54]

Thank you goofyone for that correction...I thought they began taking reservations around the presentation of the sliver elio in the summer.

'Got caught again did ya.....well thanks to goofyone, whattheelf and yourself just keep on typing along with total disregard to the truth and making things up! It goes to show everybody, credibility is everything! I wonder what else you're going to come up with??? No funding for 6 years ha?

 

[jetpack54]

Thank you goofyone for that correction...I thought they began taking reservations around the presentation of the sliver elio in the summer.

You think???? Busted again!

 

[jetpack54]

Music man, you just proved many peoples point, you can't believe some else has a different opinion than yours.
Just how are you going to explain the 7 years of failure and the lack of investors to what you believe is the greatest vehicle since barney rubbles scoot. There are several others that just would love your undeniable lust for anything Paul Elio does. I thank Goofyone for accepting not only me but several others and if you do check out face book lately, a lot of negativity is showing up. I always have some fact along with my opinions. Better sit down and read the 2010 paul elio presentation to the city of Pontiac, read slow, make notes and then we will talk.

There you go again.....7 years of failure???? You're already busted....admit it like a man!

 

[jetpack54]

Not psychic, it's just business 101, not that you understand that.

When you asked me for a survival plan, get this through your head one last time; the only plan is that it sells whatever real IP it has to a large established suitor, there is no viable alternative, the numbers don't even nearly add up, and won't.

EM is counting on volume reservations as THE major data point to convince either stage 1 funding, or a suitor to pony up big money to buy their design. The proof EM is going NOWHERE is; NO major funding in 6 years. Private equity wants results and measureable data points that can backup demand level that would make EM profitable, and they snub fantasy stories such as EM.

They should already have 100K+ reservations at this point, but they don't even have a quarter of that, after 6 years. They need major volume to make any money, it's obviously clear there isn't a fraction of demand they would need. Funds don't arrive unless private equity foresee a profit happening, not just an ROI.

That's how business works Jetpack, read this post a few times until that sinks in, or please seek out a tutor in your trailer park to try and explain it to you.

No major funding in 6 years????? Better check Goofyone's post because he just straightened up your "guess work"??? Next time, please remember you're all welcome here but remember...smart we like, smart ass we don't! It goes to say, "just the facts" man!

 

[pj rogers]

Jetpack, actually I found a elioowners.org post that said june 22, 2013..EM introduced the refundable reservations and we all know thy were taking non-refundable reservations way before that. I have probably 300 pages printed since about August or so, maybe a little earlier. We might not agree jet pack, but be nice...no need to attack, we just have opposite views on EM and the way Paul Elio runs it..
I attack Mr. Elio, not any of his followers, personally, I just expose some of the holes in the program. I think it was jesus that said "two blind men will fall into a ditch" or something like that!

 

[whattheelf]

That's funny! You're getting slow for your age! have you been reading our posts or you just love reading your own egotistic blabber? We all know that the reservation monies are not enough, I think a 10 year old will get that. Forget about the reservations....we're asking you how did you get your info. that they don't have funding right now let alone the 200 mil.??? Verifiable proof is what we need from you that they don't have the funding! Otherwise, you're on lala land with your opinion....err psychic prediction. EM is moving along so you should COME ALONG boy!

Slow, don't think so, slow didn't hardly get me to this self made very secure position in life.

You believers are just stuck at ground level, none of you demonstrate any sense of business acumen whatsoever, you are just able to look at the nice glossies and tend to get all lathered up over at PR events, you believers dwell solely within the land where a sucker is born every minute.

Some of us others with real world experience, see things as they are, from 10,000 feet up looking at EM entirely from an enterprise perspective. Big difference when consider all aspects of launching a volume business, amidst established players that can and will crush anyone before they get out of the gate. This is why the gap in additional funding has yet to arrive, as experience among investors knows how this eventually plays out, regardless.

Because some of us here do know how business works, how its driven, how factories need to execute, and how executives are supposed to execute, we know from all we've seen so far, EM is a fiasco with a clever idea, thats it. Its not the first fiasco with a clever idea, nor the last, but it is as it does, this is a ball game we can already call, just in the 2nd inning.

As for funding, they've raised just over roughly 50M, Paul cited that figure himself right on national TV just a week or two ago, and that they were well short of their 200M to launch goal, and appeared very uncomfortable when asked who was to blame, and he squirmed and blamed it on "bankers".

So, WHY isn't this additional gap in funding far likely NOT going to happen? Because smart money; ie; private investment/equity, doesn't just toss cash into the wind to watch it evaporate. PE knows how business works, and how its supposed to execute. Its one thing to get to 50M as a proof of concept, a concept you can shop and sell off to suitors and make a nice return. But to get the complete round of funding is a giant step, and you can lose just about everything tossed in, just to launch.

The bottom line is, PE doesn't see the demand. 17K or 20K, or 40K reservations at this point is a fraction of a compelling demand signal, to interest PE any step further. After 6 months there already would need to be 100K+ of reservations, if not double that, to attract launching funds from PE. They should be seeing 17K reservations each month, to appear the least bit interesting for PE to invest in.

Most of you keep forgetting, this a major volume game, with a low margin product. No volume demand, no profit, no investment, no business.

This is how it is, don't kid yourselves. Pauls' marketing team will drive the few he has all around the country for a year, but you won't see any marked increase in reservations. This ship has already sailed, but they'll drag it out til the 50 or 60M+ runs dry.

 

[outsydthebox]

Jetpack, actually I found a elioowners.org post that said june 22, 2013..EM introduced the refundable reservations and we all know thy were taking non-refundable reservations way before that. I have probably 300 pages printed since about August or so, maybe a little earlier. We might not agree jet pack, but be nice...no need to attack, we just have opposite views on EM and the way Paul Elio runs it..
I attack Mr. Elio, not any of his followers, personally, I just expose some of the holes in the program. I think it was jesus that said "two blind men will fall into a ditch" or something like that!

NOW he "claims" to know Jesus?....I wonder tho, if Jesus knows him?

 

[creekstone]

 

[pj rogers]

Outside, take your meds please...jesus has been gone for 735,000 days and probably wont be back. How could I know him?...I mean even Helen keller could see, er...hear,,,er...understand that...

 

[pj rogers]

Hey creekstone, almost time for football season, time for you to kick the football!