Options Of Another Kind...

[ks6c]

Ya know, a 50% match on the $1k all-in reservation is certainly a nice perk, but I think I'd much rather have $500 in stock options when the time comes.

Think about it - they wouldn't cost EM anything to grant, unlike the $500 discount on purchase price which would cost EM exactly that, and options would be worth soooooo much more than $500 to the early supporters in the long run.

Of course, promising options for a company that isn't yet publicly traded would probably violate a whole slew of SEC regs. Nice to fantasize, though.

 

[Norahsbed]

Ya know, a 50% match on the $1k all-in reservation is certainly a nice perk, but I think I'd much rather have $500 in stock options when the time comes.

Think about it - they wouldn't cost EM anything to grant, unlike the $500 discount on purchase price which would cost EM exactly that, and options would be worth soooooo much more than $500 to the early supporters in the long run.

Of course, promising options for a company that isn't yet publicly traded would probably violate a whole slew of SEC regs. Nice to fantasize, though.

Well if Paul Elio really wanted to go that route, I think he would have already done it! I think Selling shares of his company is something he is really trying to avoid, otherwise he would have done it, to get working capital.

 

[Joshua Caldwell]

Ya know, a 50% match on the $1k all-in reservation is certainly a nice perk, but I think I'd much rather have $500 in stock options when the time comes.

Think about it - they wouldn't cost EM anything to grant, unlike the $500 discount on purchase price which would cost EM exactly that, and options would be worth soooooo much more than $500 to the early supporters in the long run.

Of course, promising options for a company that isn't yet publicly traded would probably violate a whole slew of SEC regs. Nice to fantasize, though.

Or he could sell the Elio for $7300 and your $500 bonus would take you to $6800 and cost him nothing at all... not that I seriously expect him to pull that dealership trick.

 

[Rickb]

Or he could sell the Elio for $7300 and your $500 bonus would take you to $6800 and cost him nothing at all... not that I seriously expect him to pull that dealership trick.

$7300 was the target price back in '09 as I recall.

 

[Craig]

Well if Paul Elio really wanted to go that route, I think he would have already done it! I think Selling shares of his company is something he is really trying to avoid, otherwise he would have done it, to get working capital.

Yes. Talking with an EM rep in Columbus, he stated that is a total no go.
The last thing you want to do with a dream is give someone else the ability to tell you how to make it come true. JMO

 

[Craig]

"The original cost was $5,500.00 but they found they could add air conditioning and power
locks and windows and keep the cost at $5,995.00".

http://www.pontiac.mi.us/document_center/gers021010spec.pdf

 

[Norahsbed]

"The original cost was $5,500.00 but they found they could add air conditioning and power
locks and windows and keep the cost at $5,995.00".

http://www.pontiac.mi.us/document_center/gers021010spec.pdf

Interesting article. Funny how they thought the over 50 crowd would not be interested in this vehicle. What they didn't seem to take into consideration is, that the over 50 crowd are nearing retirement, which means we will be on fixed incomes. Fixed incomes means limited expenditures on major purchases like vehicles. Baby Boomers are retiring at a rate of 10,000 per month and will continue for another 20+ years. College grads with $25,000 - $50,000 or more, in student loans can't afford a new vehicle at $15,000 - $30,000 either. Low income families, single people, 1 parent and 1 child families can all benefit from a low cost, high MPG, reliable new vehicle. Guess they didn't have the vision, that the rest of us do! To bad, their lack of vision cost their state new jobs!