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There's no listing in the most current SEC filing that Elio owes IAV anything. As for others (mostly anything Stu is involved with) they own a pretty penny and it'll be paid off from the $100M NASDAQ listing. Other than that, it looks like EM was smart and paid off the suppliers and engineering...

On June 30, 2015 Elio has this listed: “December 31, 2014. As of December 31, 2014, we had cash of $374,652 and a working capital deficit of $8,446,483, as compared to cash of $869,107 and working capital of $260,884 at December 31, 2013. Included in the current liabilities is a note payable...

Elio has stated that as of June 30, 2017, they had 65,373 reservations. Using the 54 months of reservations equates to an average of 1,210 reservations per month. Since the last reporting is now 6 months old, using forward thinking statements, there are a projected additional 7,260 reservations...

You bring up a good point. Who here (I'm not talking about a youtube video) have driven an Elio? What are your impressions? Handling, NVH braking and acceleration. It might be a good thing for future Elio owners to reference as opposed to the press which I never get the same feel for a car as...

Elio did. In January 2013, they acquired a stamping plant. It was used by GM to make trucks.

In the 76 week timeline they do not list anything about the Elio stores. In the $531.2M they need, they do. I'm thinking that Elio will start producing the car and then sometime down the road, open those stores. I can't find any date as to when that would be. With some forward looking thinking...

That's news to me. It would be a great benefit that McLaren is their engineering partner for the chassis. They do excellent work.

I don't see how this $550K penalty that most likely will not happen is holding up the $530M that Elio needs. On the other hand there is good indicators that the complete funding will be planned to come through in April.

Ideal conditions are if you live in New Mexico, Arizona, southwest Texas, or Australia. These guys are based in Germany and I suspect their perfect conditions are not based in that country at all. Probably the places where I mentioned because there's plenty of classes/books/documentation where...

I don't agree with Paul and Elio Motors' way of doing business. It's shady and barely legal. In the end, it's legal and no matter how upset you want to get, he did absolutely nothing wrong when it comes according to the law.

I found it and you are right. The only thing is, he never said as to when he was going to build them and only planned on using Technosports. So, if Elio built them 5 years from now, then they lived up to what they said they were going to do. Here's what they listed: "We plan to use Technosports...

In the video the announcer does say that it was an interview with Paul Elio two years ago. The last video I have seen of Paul was in May of 2017 when he was in Shreveport at his plant. Other than that, only investors and Darth Vader have seen him in the flesh (at least what has been reported)...

I suggest everyone read what a "forward looking statement" is. In reference to the "promise of 25 cars because of the IPO, Elio has this on the bottom of every press release: "Forward-Looking Statements Certain statements in this press release including, but not limited to, statements related...

I just read this article that came across my news feed. Yet someone that doesn't know how to read or take the refundable option. Paul says that production possibly for late 2019. So don't give up, it's 20-23 months from now to possibly happening...

Just Paul. He will be doing that every few days.

To make all of you old timers even more worried. College students are designing self driving cars. They even have a competition and the most interesting part is that it's not that far from the Elio R&D center in Phoenix. I'm wondering of Elio is secretly going to make their car come out with no...

Not if you are parked behind it.

You bring up a number of good points. I agree.

If it's mostly off the shelf parts, then I'd love to know what they are. From what i see, it's all custom designed parts and of the "off the shelf" parts, that's what other manufacturers. Case in point, a Ford F150 and a BMW 335d use the same transmission but they are not interchangeable. You'd...

That car is great until you get a rack of ribs.