Thanks for finding that. It looks like to me that Elio is looking to raise $25M in the pre-sale. This sounds just like what they said for the NASDAQ offering but it was for $100M. Then for the IPO, it was up to $25M but raised $16M. My concern is that if they raised $25M, that it would do this...
Best thing to do is take the current date and go 76 weeks in the future. If it takes the Eliocoin to fund this project and it comes out at the end of the year, that would mean they would start working in January of 2020 because since they have only a few employees, they will need to be going...
That makes much more sense. It'll be interesting to see how that works out. I wonder what the end of the year is? Will that be December 31 or maybe a few weeks earlier? I'd think that they would like to get it done either a few weeks before Christmas or after the New Year. Typically that's then...
The main reason for doing it that way was because the #1 warranty issues with transmissions was people overfilling them because they would check the level when it was cold. So eliminating it, fixed that problem.
The way transmissions are filled today are through the bottom and have no dip stick. They have a 2 part drain plug. The inner part is where you fill it by pumping it into the pan. That part has a stove pipe in it so when the fluid level in the pan goes above that pipe, it’ll run out when you...
I would put it this way.
I was looking for some engineering, R&D and testing updates. The information in the blogs are dated and have been repeated, so something more recent (i.e. 2018 to today) would be appreciated but not something that is in the existing blogs or press releases.
A few...
That’s why Ford is treading water at the moment. Most of their job cuts have been in Europe. Typically, we never hear of that in the US. Just like we never heard about GM’s mass exodus out of Europe and South America. GM even shut down the Australian plants and engineering/R&D centers and now...
Read the SEC filings from the last 5 years. GM is selling lots of assets and business. If you think the US is bad, come here to Europe. They are all about gone. Same for South America. They are praying that China will work but the 800lb Gorilla (VAG) is going to kill them. GM is a shell of...
I’m confused about the 10 Eliocoins. What’s an Eliocoin worth? They need $376M so does that mean that the coin is worth $37.6M? Even the $25M they are looking for, that would be $2.5M/coin. No matter what, it better be a fleet of awesome Sig edition Elio for that price. If it’s, buy an Eliocoin...
The last time I heard Paul speak was May 11, 2018. The last press release (as mentioned in the post above) September 27, 2018. That’s 7 months 23 days or 44% into a 76 week timeline.
You know I like numbers. I can’t find anywhere that Elio plans on making $1K per base car and 20% on options. Plus I can’t find at what price that $1K profit works and how many dollars in options on average that people will spend. I do know what the latest price (over a year old) the car needs...
Those two trades were on the 15th as yesterday saw nothing. No news means no volume and it slowly goes down in price. It looks like it’ll go below the $2 psychological level. I honestly think Elio could care less about the stock price. It’s all about finding money. As we are seeing, the markets...
Get a Rivian then. You can play with the flashlight in the door, stand on those two steps and see if you can put five people in it along with two in that storage area.
I checked on my computer with Chrome, Firefox, Edge, Explorer, Opera and my iPad that has Safari. Everything works on all of them like you say. I might have Netscape Navigator on an old ancient laptop running Windows 3.1 but I could check that too if needed. I do not have Windows CE anymore, so...
I went to the Aptera dealer today and got some of those lights and sticking them on my Elio right now but I put in brighter bulbs so they will be like the turning headlight I have on my Tucker. I'll post some pics soon.
Elio couldn't offer a kit because they have no ability to make them. You'd have to get a company like Factory Five to make the kits. The problem is, it's going to cost as much as building an 818. In the end, do I want to build a $20K three wheeler or 818? For some reason, people think that...