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Hey You Cheerleaders, When Do You Think There Will Be A Major Financing Announcement?

Rickb

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One should hold on to hope til the bitter end, but I will believe it when I see you or Doug get into your Elio, turn the key and drive off into the sunset. That's when I race to the Elio Store to place my order, and even then only after you and Doug give it a two thumbs up fit, finish, performance, and handling driving review. :)
 

booboo

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I believe Elio does have a detailed timeline that starts as soon as funding is acquired. Its listed on page 42 of the SEC form S1 on August 3, 2017.

http://ir.eliomotors.com/all-sec-filings#
76_weeks.png

Unfortunately Elio only put it out in a small format, kind of hard to read.
 

3wheelin

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While this thread is fun reading, it is just theoretical nonsense. Sometimes I feel the Elio folks are just out to get more reservations for a concept that may never happen. It would be nice if Paul sent an exclusive email to all "all in" reservation and stake holders about his plan for the future of Elio. All companies develop and try to adhere to some type of schedule, why should Elio be any different?
Newsflash Karg, EM can't "adhere" to any type of schedule UNTIL they acquired the funding to continue their work! Where have you been all this time bud??? Read my signature will ya!:D
 
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3wheelin

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Who said production was delayed until 2019? News to me!!!!!
Here's a shot of reality for you Folks...not even EM knows if next year is when they'll eventually start production. The investors can decide to risk their money on the ELIO now, next year, the year after or not invest at all.
 

Samalross

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My prediction is that Nasdaq will not list Elio and Paul Elio is out and Lichter restructures the company with him having complete ownership. He will then sell it to someone with deep pockets. Thats why I feel shares are worthless but company isn't. Any other predictions?
 

Ekh

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I am just back from a 3 week trip to Spain, among other places. On Saturday I found out that a funding source long thought dead was only dormant, and has now awakened. I have also learned that Elio is NOT DEAD, but is vigorously fighting for funding ... and getting somewhere. They are extremely frustrated that BY LAW (or at least according to their lawyers) they are NOT PERMITTED TO COMMENT ON ONGOING ACTIVITIES. We are only allowed to learn about done deals.

Elio Motors would LOVE to be reporting regularly on their activities, and they can not.

So, once again, do not expect anything to happen until it has happened -- but be assured these guys are out their fighting to bring the Elio to life. It's a slow process, because they have to schedule meetings, then hold the meetings, then wait while their stuff is reviewed, then hold more meetings, more reviews at higher levels, etc etc etc. It drags on for bloody ever.

That is the process for fund raising at this scale. We just have to live with it and HANG IN THERE.
 

Doug McDow

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I am just back from a 3 week trip to Spain, among other places. On Saturday I found out that a funding source long thought dead was only dormant, and has now awakened. I have also learned that Elio is NOT DEAD, but is vigorously fighting for funding ... and getting somewhere. They are extremely frustrated that BY LAW (or at least according to their lawyers) they are NOT PERMITTED TO COMMENT ON ONGOING ACTIVITIES. We are only allowed to learn about done deals.

Elio Motors would LOVE to be reporting regularly on their activities, and they can not.

So, once again, do not expect anything to happen until it has happened -- but be assured these guys are out their fighting to bring the Elio to life. It's a slow process, because they have to schedule meetings, then hold the meetings, then wait while their stuff is reviewed, then hold more meetings, more reviews at higher levels, etc etc etc. It drags on for bloody ever.

That is the process for fund raising at this scale. We just have to live with it and HANG IN THERE.
EKH, I am really glad that you are back!:D
 

KD

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I am just back from a 3 week trip to Spain, among other places. On Saturday I found out that a funding source long thought dead was only dormant, and has now awakened. I have also learned that Elio is NOT DEAD, but is vigorously fighting for funding ... and getting somewhere. They are extremely frustrated that BY LAW (or at least according to their lawyers) they are NOT PERMITTED TO COMMENT ON ONGOING ACTIVITIES. We are only allowed to learn about done deals.

Elio Motors would LOVE to be reporting regularly on their activities, and they can not.

So, once again, do not expect anything to happen until it has happened -- but be assured these guys are out their fighting to bring the Elio to life. It's a slow process, because they have to schedule meetings, then hold the meetings, then wait while their stuff is reviewed, then hold more meetings, more reviews at higher levels, etc etc etc. It drags on for bloody ever.

That is the process for fund raising at this scale. We just have to live with it and HANG IN THERE.
Ah yes, Mr. EKH comes on by once again to bolster the positive side of things, I like that!

Hope and trust you didn't get caught up in the Barcelona nonsense, and welcome back!
 

4matic

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They are extremely frustrated that BY LAW (or at least according to their lawyers) they are NOT PERMITTED TO COMMENT ON ONGOING ACTIVITIES. We are only allowed to learn about done deals.

Elio Motors would LOVE to be reporting regularly on their activities, and they can not...

I will have to take issue with your thought process...your view of the SEC regulations are factually incorrect.

The SEC allows almost all types of news with regards to a public company...of course the SEC forces companies to make market-sensitive information available to all parties at the same time.

Countless proposed mergers & acquisition's are disclosed by public companies before they're finalize...

And of course...IPOs are announced before they're brought to market...

Paul is free to make any factual announcement that he wishes to convey to his shareholders!
 
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