You never know. Dogecoin was done as a joke and it got a capitalization of $60M in a month. It funded the Jamaican bobsled team and a NASCAR driver. So, if it can raise $60M, Elio should be able to do much better than that.
https://en.wikipedia.org/wiki/Dogecoin
I can pretty much buy 3 Elios with what I made with their stock. Just the Eliocoin announcement got me to that third Elio. I want more Eliocoin news and excitement because I might be able to secure funding for a 4th Elio if I play it right. So, please buy up as much Eliocoin as you can as fast...
Good point. Where's Paul? Shouldn't he be quoted about something? All we hear about is the Overstock guy (Pat Byrne) but nothing from Paul. He should be quoted somewhere with something like, "We are pleased to be working with Pat Byrne on this new endeavor and are looking forward to great things...
That's not going to happen at all. Would you go to work and want to get paid with EC? Would the electric company in LA want to get paid in EC? Water? Sewer? Aisin is not going to be ready to take X amount of EC's for 100K transmissions. I can definitely tell you without any doubt, not one...
As I explained somewhere else, unless they get the $376.6M (or $531.1M), they cannot start production. If they raise $100M, they will not be able to get going in 76 weeks unless they come up with the remaining $276.6M (or $431.1M) before they burn through the $100M. It's like building a house...
The way i see it is this is to make Stu happy and he will make some money because he's been a good guy by allowing Elio to survive. It has nothing to do with the $376.6M (or $531.1M) to get to a functioning business that makes cars, sells them and has all of the support in place. That's where...
According to Elio Motors, they need $531.2M but they are assuming $110.5M in new reservations and $44.1M sales margin for an assumed total of $376.6M. So, if they got $100M today, that means they will burn through it and then stop work yet again because they would be $431.2M short or $376.6M...
Today was a great day. Stock up by 32% and almost a volume of 78K. Those are the numbers we want to see. Let's hope tomorrow will bring up just more of that good news.
I only have one concern. tZero (the subsidiary of overstock that we will all be using to trade Eliocoins) has had an ICO going on for a while and they keep extending the date when it's over. So, ICO's usually go on for a few days but this one has been going on since December because they need to...
Production has been on hold and we all knew that. With the ICO, we now have an exact date when Elio will be delivered. Right now it’s October 2019, so the ICO will have to be in the next few weeks which means November 2019. That’s excellent news because we have a firm date.
Overstock would still work but just be the portal for the Elio ordering system. The inventory and delivery is handled by Elio and their distributor. Overstock just makes a few bucks on every transaction. The site can handle the traffic and brings in people that never heard of Elio. Then parts...
I can see where Elio can forget about the stores now. They can use Overstock for people to order the car online and then it'll show up delivered right to your door. No need for the overhead of 60 stores. Then you can use Bitcoin or Eliocoin to pay for the car and then get a deal where Eliocoin...
Depends. I made enough on the IPO pump and dump to make enough to buy 2.3 Elios. Today, I just made enough for 0.6. Think about it. If you took two $1K all ins and invested it conservatively, you could have been around 60% of the way to a full list and nicely equipped Elio. This coin speculation...