We have covered this over on the Efficiency thread. This thing is a go because for a $21M investment it will net a $32M profit in 2021. and $183M in 2022. Investors will be jumping all over this. having this and the Elio coming out at the same time will be great because Arcimoto will and Solo...
The numbers look great.
They have $55K in the bank
If they raise $100K with crowdfunding:
$45K to R&D
$20K for equipment and prototype builds
$17.5K for social media
$10K for business development
$7.5K for Wefunder
If they raise $1,070,000
$374,500 to R&D
$160,500 for equipment and prototype...
From what I can find in the archives, the Elio was priced at $6,800 back in January, 2013. So I ask, when did the Elio cost around the $5,900 mark? Because I can't find it. I see a bunch of generic numbers but no set price until January 2013. Even on the CNBC piece back in January, it was...
Warren could just call pat and Paul to tell them to work on traditional ways of raising capital. First, they need to work on a new SEC filing, then start addressing all of the investors in the company (this includes the reservation holders). Come clean with them all and then when that is done...
No mention of Securitized Token Offerings. The key word is 'Secure" which means it follows all of the SEC rules if is was a stock. So Warren did not address that at all and Paul did. Maybe Warren needs a refresher course on what Bitcoin is and what Securitized Token Offering is. Hopefully Pat...
Good news and with Warren Buffett being close friends with Pat, this has the makings of a great opportunity. I've read here many times if anyone could get Warren Buffetts ear and have him invest in Elio. Now we have it. Pat can do this and thus Elio just needs to wait a bit until Warren pulls...
Same here. Coming up on 4 years when I seen the Elio for a second time. This was at the Albuquerque Balloon Festival October 2015. That was a great trip. Visiting a customer and spending a few days in New Mexico. It’s a tossup as to the place with my favorite food, Albuquerque/Santa Fe or Austin TX.
Because that's exactly what you do when you are chasing a storm, check out the latest tech through the ePlus option program. I can see it now.
Storm Chaser Passenger: Dude there's a tornado, let's get a bit closer, stop and get a video of it!
Storm Chaser Driver: Did you see that Infinite Skys...
This is already yesterdays news. Pat can go back and do what he wants. Hopefully that will be getting Elio Motors up and running (especially with the STO and Ravencoin). Remember when Elio was telling us that he never had a name for the car? Well I have one now. Call it "Crypto". It sounds good...
That's because Pat has integrity. Just like when Paul turned down an investor. There are times you need to stay the course and will be rewarded. Both will be soon.
You need to patent that idea now before Paul or Pat does and gets these cars into the hands of the reservation holders right now. Nobody would like a company doing that.
Plus, Imagine when Elio can be the first car bought exclusively with Ravencoin. This would be big news if Pat could make it where Elio uses their STO for raising funds and then Ravencoin for people to purchase the product. This would be so far ahead of any automaker that Elio would literally be...
This allows Pat to concentrate on his love of Elio Motors. With his connections to Russian Big Oil and Russian car giants like Lada, this could easily bring in the needed money and engineering to get the Elio to production here and in Russia. So this cloud could have a silver lining. We just...