Pat said they were recoding the Eliocoin and that it would be done at the end of the year. Paul did not say that was false. Plus, right after Pat took some Overstock money and bought $2.5M in Elio stock, Paul started hinting about something that was going to reduce the timeline and financial...
You do realize that Elio Motors filed as a Delaware Corporation back in May of 2017. Thus makes no sense to refile with the State of AZ. Plus there is no requirement for financials when it comes to refiling for a corporation in AZ. I even asked a friend of mine who has had a business in AZ...
Elio Motors is still in business. They are still doing the blog and the website is still up. Plus no announcement that they went out of business. At this point, you maybe missed my previous posts but Elio has at least 10 years of doing what they are doing now before they will have the decision...
If I came out with Schneider Motors tomorrow and presented a similar Elio design and had thr specs of:
1. Engineered to the highest level
2. Up to 100 MPG
3. Has three airbags and targeted 5 star crash rating
4. Base price of a targeted $5K
5. There will be 200 stores in the US
6. pep Boys will...
VPG went belly up too. Luckily AM General bought them and then used their own money to get them back into business. It shows that Elio has found out to move on from the ATVM loan and go with investors. Elio did admit they didn't really need the ATVM loan anyway. It shows because if they really...
Remember, not just Elio but a bunch of other companies.
One list:
https://lincolnparishnewsonline.files.wordpress.com/2010/02/atvm-loansfoia.pdf
Another list (you can download it and see the Elio Motors #1 ATVM loan for $260M back in December 2009)...
A few things to remember. The $531M that Elio calculated back in 2016 is not the same as 2019. Inflation exists and Paul can't keep it from happening. So, it's been 3 years since that update and then in September we learned that amount was to be $120M less. So take $531M and subtract $120M then...
I have a feeling the number will be less than 100 for Eliocoin holders going to the front of the line. So, I wouldn't worry about it. We all know that the bulk of existing Elio Reservation holders will not put in any extra money to Elio motors, same for the Elio stock holders. You need new...
With the DOE, then it's a few people and they typically oversee a few other programs. Those probably loan out or give out grants. Having ATVM on their list makes the department look good. Who would not want part of a program where you do nothing but get paid? It's like leasing land and then let...
The last loan was in 2011. So the reason why the program is continuing on is that Ford and Nissan have a few more years to pay off the loans (when they were approved and when they got the money is not the same date plus they didn't get it all at once, so it's payment is over 10 years from when...
Even better. Do like FUV did. Build a number of signature models for $50K each. Then Elio fans can tell everyone that they are in production and with customer deliverables. Then down the road, only offer fully loaded $14K models but then delay again because of some certification that wasn't...
I while back Overstock gave an update on Elio Motors and the Eliocoin. There was something that had to do with Elio Motors recoding the Eliocoin and it was going to be done by the end of 2019. The recoding had something to do with Eliocoin holders going to the front of the line or something like...
Does anyone know when the next Overstock call with Pat? He gives the latest info when it comes to Elio. With all of the recoding of the Eliocoin going on, I’m wondering what the progress is on that. It would help as then we get a timeline as to when the new news will make the stock go back up...
Elio stock closed at $1.26 today.
FUV stock closed at $2.88 today.
SOLO stock closed at $2.53 today.
Hopefully the three wheeler market can turn it around and reward the investors for having faith in them.
One other thing I learned is you have to reload an article or clear your cache. I was just looking at one and it was updated but it was in the future by 8 days. After I reloaded it, then it was a few days ago.
The Arabs invested in Atlis and they are increasingly investing in businesses that are not oil related. It's more to diversify their holdings which is a smart move.
Nope. I have no inside information. If what I said was going to get me in trouble then tens of thousands of people would be in jail then. I suggest you go read the multitude of social media/forums out there when it comes to stock. Remember, we were all excited when Zacks came out with the clear...
There's a long thread on it but I think it was only $545K after Elio lost the appeal and then they had 60-90 days to prove the non refundable were in escrow (that was to lead to another fine). If Elio did appeal that decision, it's unknown.
One thing you have to watch out for is many news...