Big Meeting In Shreveport Today Oct 13

booboo said:

My opinion. I feel like Mr Lichter should have, and should be doing done more to help Elio along. Yes, he is Mr real estate, but if he is an Elio shareholder and has Pauls ear, he could be doing more. A wheeler dealer like Mr Lichter know about making deals and big money. I think if he put effort into it, production money would already be sitting in Elio's account. Also, he could have pushed Elio to move along quicker in order to start up the Shreveport operations.
He is a board member, why is he not pushing? Or, is he?

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I've thought about that too Booboo. I think the reason he doesn't fund more of the project is because he wants to see if the ATVM loan comes through first. He doesn't want to spend any more of his own money if the government will provide a low interest loan. If the lobbying firm they hired makes progress on the ATVM loan and the NASDAQ IPO is directly tied to them receiving the loan, then I think Stu will invest a big chunk into the IPO.

I'm still wondering exactly what constituted an "emergency"? Was the emergency resolved? With most of the commissioners not present?
Did they have to declare an emergency in order to have an unscheduled meeting with Stu on public record?

As for Stu investing more money, most of his money is probably tied up in his real estate holdings. Probably does not have a huge amount of cash on hand. That means he would have to either sell property or take a loan against it. As the Elio is not a "sure" thing, why would he disrupt his current investments? Granted, if the Elio is produced then the stock could be worth more than his real estate properties, but the real estate investments along with his current Elio holdings is probably a better diversified approach.

I bet we spend more time just wondering what Stu is doing with Elio Motors than Stu actually spends on Elio Motors. I bet Stu spends about 2 percent of his time on Elio; Stu is a real estate guy, not a motorhead guy. The sooner we accept that, the sooner we can move on....

Edit: Stu made this abundantly clear at that recent Caddo Parish meeting.

The emergency was called by the media. The meeting was not a commissioners meeting. They didn't have to be there and not being there meant more than being there. Ugly bunch of community leaders.

Thank you Lilly May for clearing that up for me.

'Emergency meeting' with Stu but not requiring the commission's attendance called by the media for Friday the 13th...what a transparent attempt to simultaneously gain viewers & rattle investors based based on silly paranoid superstition. Nobody besides Elio with it's unique situation could begin to profit from opening shop in Shreveport! Only a few thousand shares were that gullible & threw in the towel I see. I wouldn't be surprised if Elio finds friendlier US & international options soon.

I am feeling that ElioMotors should be considering the current state of affairs an "emergency".
No money in the bank, no secured big money funding that we know of, Production dates passed time and again, Shreveport angry, etc.
Something needs to happen. An appearance on Shark Tank, anything. Soon.

LillyMayPatterson #1685 & #5648 said:

The emergency was called by the media. The meeting was not a commissioners meeting. They didn't have to be there and not being there meant more than being there. Ugly bunch of community leaders.

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Sailor Dog said:

'Emergency meeting' with Stu but not requiring the commission's attendance called by the media for Friday the 13th...what a transparent attempt to simultaneously gain viewers & rattle investors based based on silly paranoid superstition. Nobody besides Elio with it's unique situation could begin to profit from opening shop in Shreveport! Only a few thousand shares were that gullible & threw in the towel I see. I wouldn't be surprised if Elio finds friendlier US & international options soon.

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While it was called an emergency meeting by the media, your posts are a little confusing as the meeting was not "called" by the media.
The meeting was called, and put on by, the Shreveport IDB. See https://www.elioowners.com/threads/big-meeting-in-shreveport-today-oct-13.8603/#post-189515

Elio Amazed said:

While it was called an emergency meeting by the media, your posts are a little confusing as the meeting was not "called" by the media.
The meeting was called, and put on by, the Shreveport IDB. See https://www.elioowners.com/threads/big-meeting-in-shreveport-today-oct-13.8603/#post-189515

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9. Finally, please address the status of Elio Motors sublease and discuss the likelihood
of Elio's commencing operations at the plant in the near future. Please describe Mr.
Lichter's business ties to Elio Motors and how these ties have impacted the Elio sublease.
What value does IRG/SBP assign to the use of Elio Stock as sublease payments by Elio
to SBP ?
https://en.wikipedia.org/wiki/9_(2009_animated_film)

It's getting down to the wire, I guess. Do I hear fingers being crossed?