From looking at their SEC filings, they have 10 years of reserve to make it happen. So, if 2029 there's no an Elio in your garage, I'd give up. As of now, the business model allows them to go for a long time.
Here's who needs to buy it:
http://www.industrialrealtygroup.com
Then lease it to this company:
https://www.eliomotors.com
Here's what happened to the old GM Loraine Assembly plant, the went to Racer Trust, then sold to IRG then sold to Fuyao and what they had to do with it...
I will agree to Lush Motors as soon as they make non refundable deposits on their 3 wheelers and target a production date at (XX) weeks in the future. Unless they do this, they are a fantasy that is built up in someones mind.
I think they need to use "targeted" as opposed to "is". As of now, the sales are nothing because it only will top out in 55 mph. It also only has a range of 60 miles (100 miles optional). That's not to any spec for the US, so I bet that 60 miles is only 50 using the US spec. Plus there's no...
Here's the Cree Sam US site. It has all of the latest info.
https://sam-of-usa.com/en
Plus the brand new Sam Snowking:
https://sam-of-usa.com/en/snowking
The German invasion is coming when you talk about electric transportation. It's not if, but when. Daimler and VAG are big into commercial trucks.
It's good we punished VAG over and over again for polluting our air because we asked for them to electrify America because that's what we are...
It's 1900 miles from the Elio HQ in Phoenix to Columbus, OH. That's a 2800 mile round trip. So, it would be a better ad if Elio would have shown how he left Phoenix and only used 22.3 gallons of gas to get there would have been a much better TV advertisement. That 22.3 gallons is only $63.31 in...
Wouldn't it be much better if Paul could just tell us what they are doing as opposed to us just making things up? I bought more stock because I think they got something happening and not telling anyone.
I suggest you invest in BioMed or Pharm. This goes on all of the time. It's a game...
It could be that GM is going to buy Elio and then build it in that plant.
This is why 5 minute of Paul's time would clear the air. All we are doing is guessing as to what we hope will happen. At this point I might as well say:
It could be that Ohio will give Elio the $531M they need in a zero...
All of those stories are just regurgitated. I have a super out of this world crazy idea. Paul do an interview in person and clear the air. As of now his actions and message he sent to OH is they are looking to build there yet they say they still plan on building in LA. That's a mixed message and...
The stock is just stagnant. I could put a bid in for 100 shares for $3/share and that would look great. I did buy 400 at $2.06 and hope all of the buzz would get someone else to jump in at $3/share.
I've been in both plants. The LA one is really old and quite dirty. The OH one is 10X better. The best part about the OH plant is, it's set up much better for an Elio as compared to the LA plant. The LA plant was more for frame on body trucks as opposed to small unibody FWD sedans like in OH. In...
Another thing, might be that Elio is 99.9% of the way there for complete funding and they are doing this to see which state will fight harder to get Elio Motors after the funding announcement is released. This sounds like something Pat would do and probably got Paul to start playing hard ball now.
Also, you forgot about the SEC gag order. Elio can't say anything. Just read the blog and it'll tell you everything you need to know except for when they were recently in Columbus, OH and talking to the gov with the press present. Maybe the next blog will cover this.
Two plants would be...