Imagine if someone asked if Elio was going to offer an automatic. Then Paul responds with, "People don't get it, they don't need an automatic, so we are only offering a manual." At that moment, Elio Motors is out of business. I know the manual only people would disagree because manuals are...
Elio forgot to mention the Yugo. It's what came after the Beetle and fulfilled the need for cheap transportation. It was $3,990 back in 1986 which would be $8,900 today. Then after that was the Geo Metro. It was $6,750 in 1991 and that's $12K today. The Elio is really the 5th wave of affordable...
It's a catch 22 for GM. The GMC brand has a following and so does Chevy. It's just branding but in the end, it works out the GM. Many like going to a GMC dealer because they are all working on trucks and thus geared for that. We have a Ford dealer here in town and it's the dealer to do go for...
It really works well for doing fish and cold smoking. Once lit, put a aluminum foil tent over it and let it do it's job. It also works well for smaller amounts of meat you want to smoke because of the slow burn rate and you don;t have to mess with it for around 4-5 hours.
Ford truck sales were up 5.2% in 2016 with that aluminum truck.
The sales for the first 11 months of 2017 and 2016, shows this.
2016 - 733,287
2017 - 807,379
2016 - 820,799 (all 12 months)
Aluminum truck sales will be up yet again because all Ford has to do is sell 13,420 trucks in December...
I put in the address and another company has been operating out of at building since 2010. So, ESG has not updated their address on their website. I'm now wondering where the ESG Engineering corporate headquarters and engineering facility is. It seems that just changing a phone number, email...
In August:
Paul: 18.5%
ESG: 44.9%
Stu: 29.3%
Ken: 0.6%
James: 0.5%
In December:
Paul: 18.5%
ESG: 44.9%
Stu: 23.0%
Ken: 0.6%
James: 0.5%
if you look back in May (technically the filing for December 2016), Paul and ESG own the same number of shares that they did in August and December.
Not according to the SEC filing. In August, Elio Engineering (which Paul is the director and majority shareholder) and Paul Elio himself own 63.4% combined. If you look at the latest OTCQB certification, Elio Engineering and Paul Elio own a combined 63.4%. Stu did sell stock which makes sense...
If you watched the price when the NASDAQ news came out, it dropped down low right before that then it went through the typical three hump price and then settled back down again. It was interesting to see it drop before the announcement as someone knew good news was going to happen. This is where...
If you look at the detailed report, what made it rate so bad, was that it doesn't have all of those electronic nannys on it and it's not good for people with children in kids seats. So, as long as you don't have any kids (or they are grown up) and you hate all of those nannys that are on cars...
You bring up a good point. They could build a $30K Elio and be much further along. That's not what the design parameters are, thus it's far from complete.
As for assets, it's a 42% design that needs $85M more to be complete. A number of prototypes and whatever IP they have. They don't own any...
Lottery tickets are not bad. Yesterday I welded up the cracked frame on my neighbors snow blower. This afternoon, he gave me 5 scratchoffs and a 6 pack of beer. Sat down, had a beer and won $25. Not a bad day for 30 minutes of work.
I'm not talking about selling or buying classic cars but talking about when those classics were new. Classic cars sales are driven by old white guys that can now afford what they couldn't when they were a teenager. It has nothing to do with how it compares to today and what you can get. The...