That's right. If you get desisted at NSADAQ, you go to OTCQX or lower. What Elio did was go one step back and now they need to take two steps forward. In the end, Elio needs to get those SEC filings out there, get the stock up to over $5, move back up to OTCQX and then NASDAQ becomes a reality...
In the meantime, since they missed their report, they are now relegated to Pink. The moved to B because they failed the penny stock test which has to do with going below $5 and a few other things. Not filing on time with the SEC means you go to Pink.
You have to have some glimmer of hope. If nobody did then we'd all just stop at the first sign of failure for everything we do in life. We all know the mountain of problems Elio has but just some simple funding will make all of the problems go away. Money solves all problems when it comes to...
OTCQB still has to file a SEC report, if not it goes to Pink. The SEC report does not have to be as elaborate as in the past. I think that just like when we were all waiting on Jan 1, 2017 for the SEC report, we finally realized that they could delay it until May 1, 2017. I suspect we are seeing...
It's only 61 days until we get the good news that Elio wins their case. So, I expect the stock will go above $5 in February then the stock gets relisted back on OTCQX. After the victory on March 27th, NASDAQ listing on April 2. If that happens, the stock could go to $40.
Don't forget Jerry Seinfeld. He's got quite the collection. With the Elio on Jay Leno's garage and Comedians in Cars Getting Coffee, that right there along with Nick Cage and Adam Carolla, is more than enough money to get the Elio to market and a massive hit before it ever gets to market. Just...
If you look at the latest CAD screen shot, it shows two different engines. One looks exactly like engine installed in the black car where it has a sealed area on the front that indicates a timing chain (remember when they told us it had a chain). Then the other one looks like one that has a...
Let's look at this. Tesla has 10 yeas of experience of building limited production cars and even got an ex GM/Toyota plant to start with. Now they are doing a cheaper higher volume car, thus the problems. As for Elio, they have an ex GM plant that has been shuttered for 5 years and have never...
Pep Boys, the leader in top notch service. They have lots of locations as long as you are not in one of their dead zones (i.e. St. Louis). I've been told that places like that will be taken car of.
The responses of the Elio driving experience was overwhelming. Here are some responses I...
Elon needed to think further into the future then. There are about 70 Tesla repair shops in the US as compared to the approximate 1000 that Elio has. I'm thinking that maybe Elon needs to hire Paul right now to get things straightened out. One is proactive in their thinking and the other is...
Since the SEC has those rules which means zero information, then I suspect that Elio has all the money and is working right now. The only indication that we will know that they done is when Elio #1 reservation holder notices a big charge on their credit card and they get a phone call from Elio...
I stand corrected, not all of the cars but it's becoming standard on most. As for backup cameras, every 2018 onward 4 wheeled car has them as mandated by federal law.
The point is, what used to be something you'd never see on a cheapo base model car back in a year like 2013, is not the case...
Actually, we don't know the retail price of an Elio. Until we do, we can only go by the theoretical price of the compared to the discounted price of a Kia.
As for testing, the majority of that is done in a test cell, no in the actual car. I know Roush has a large facility that does that and under no circumstances are recording devices allowed. Roush does all of that 150K mile testing, thermo shock testing and emissions testing. As for the actual...
A long time ago, I took some classes on solar energy. It had most to do with budgets and efficiency for where you were located. Then it got into proper placement of a solar panel. From what i learned there, I can see that this car would do great if you lived in West Texas, New Mexico or Arizona...
It's cars like these that are going to make it much harder for Elio to be successful when they come out with the 2019 model. There are too many cheap new cars you can buy today that will be Elio price by 2019 and still have a good warranty. VW is offering now 6 year/72K mile bumper to bumper...