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Where's Paul?

Samalross

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Elio Motors fits in a thumb drive, I do not say that with disrespect or ill will, but it is a fact. A thumbdrive, 5 unfinished and untested prototypes (4 obsolete, by definition), a trailer, maybe two to three leaseholds (one in serious arrears), and a mountain of debt. Admit that even if there was intellectual property, such as patents (incl. design), there is nothing owned or assigned to keep anyone else from building an almost identical vehicle. What can Paul and Stu leverage or offer? If I were Paul or Stu, I'd be primarily interested in keeping the stock above the 6 dollar threshold my loans, chargebacks, incentives, payouts, and engineering charges were mostly based on and I'd be particularly interested in selling a new round of stock hoping that things will turn around long enough for my 25, or 27, or how many other millions to cash out eventually. Of course there might be real production of a vehicle, too, which would be a best case scenario, but not the only beneficial scenario. We are all obviously hoping for production, but don't fool yourselves into thinking both a new 100 million dollar injection AND cars on the road are the only win-win situation for Paul and Stu.
They can make a lot of money and never put a vehicle on the road, legally and ethically.
I don't think that they originally intended on making a car. The money sent to ESG Engineering for substandard work confirmed it in my mind. Sometime Paul Elio decided that he actually could build a car and hired Rouch to make one. By the time he had his epithany the debt load was too great.
 

airforceguy6

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Garth Vader reported on the FB Elio Motor Owners Association with pictures. Paul is in NY City.
For those not in the Facebook group...

Screenshot_20170922-180444.png


Second picture
Screenshot_20170922-182225.png


Go Elio!!!
 
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Karg

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He's hiding out underground at one of Trump's golf courses disguised as a gopher. He will emerge and ask Trump for money if he sees him.

NOTE : walking a thin line here .... keep politics out of conversations .... political humor is still political
 
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