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Big Meeting In Shreveport Today Oct 13

Watashiwah

Watashiwah

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If Paul were just responsible for engineering I bet we would not have had the Elgin dash distraction, and EM might have gone for an existing engine (after all what autiomotive engineer wouldn’t want to design or commission his own engine?). Maybe more profit would have been ‘built in” and getting a few dozen prototypes on the road, as well. Does anyone have any idea how much of that 25 million or so paid to Elio Engineering (in stock) was split up between body, chassis, and engine design effort?
 
booboo

booboo

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Watashiwah said:
If Paul were just responsible for engineering I bet we would not have had the Elgin dash distraction, and EM might have gone for an existing engine (after all what autiomotive engineer wouldn’t want to design or commission his own engine?). Maybe more profit would have been ‘built in” and getting a few dozen prototypes on the road, as well. Does anyone have any idea how much of that 25 million or so paid to Elio Engineering (in stock) was split up between body, chassis, and engine design effort?
Click to expand...
Good question. I do not recall ever seeing a breakdown of the engineering monies paid. I did recall a simple breakdown of some sort.
https://jalopnik.com/elio-motors-has-40-000-cash-left-1797932301
Eureka, I found it.
P.S. Look at the picture in the 2nd comment down. What is that?
 
Watashiwah

Watashiwah

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Did Stu’s ‘exasperation’ with Caddo Parish mean that the NASDAQ listing and/or the new 100 million dollar stock sale are pretty much history? It didn’t look like Stu attended as an Elio Motors board member but he sure wasn’t positive about anything. Is he managing our expectations and trying to distance himself?

When will continuing waiting to hear about the NASDAQ listing be unrealistic, when we start hearing ‘it really wasn’t such a good idea, to begin with?’
 
R

Rickb

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Watashiwah said:
Did Stu’s ‘exasperation’ with Caddo Parish mean that the NASDAQ listing and/or the new 100 million dollar stock sale are pretty much history? It didn’t look like Stu attended as an Elio Motors board member but he sure wasn’t positive about anything. Is he managing our expectations and trying to distance himself?

When will continuing waiting to hear about the NASDAQ listing be unrealistic, when we start hearing ‘it really wasn’t such a good idea, to begin with?’
Click to expand...
EM states that it may not be such a good idea:
IMG_8548.jpg
 
Donnyboy

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Rickb said:
EM states that it may not be such a good idea:
Click to expand...

That's more of them covering their behinds. It only refers to them staying listed on the NASDAQ once they get there, which hasn't happened yet. I doubt if they get on the NASDAQ they would decide to leave, but in case they do no one can sue them by saying you didn't tell me you were going to delist your shares! Now they have clearly stated it, before they even get listed!! At the end of all this, whether Elio succeeds or fails, I do know one thing: the lawyers will make all the money.
 
R

Rickb

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Donnyboy said:
That's more of them covering their behinds. It only refers to them staying listed on the NASDAQ once they get there, which hasn't happened yet. I doubt if they get on the NASDAQ they would decide to leave, but in case they do no one can sue them by saying you didn't tell me you were going to delist your shares! Now they have clearly stated it, before they even get listed!! At the end of all this, whether Elio succeeds or fails, I do know one thing: the lawyers will make all the money.
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That's the point. Number 1 - members have to qualify to list on NASDAQ and number 2 - members have to maintain the financials to stay on NASDAQ. NASDAQ makes the determination as to who comes and goes.

Elio Marketing, under Paul's likeable leadership, has been a highly successful startup marketing company making $Millions over the past decade. Kudos to Paul Elio.
 
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