Yes. The crowdfunding campaign is only to get an idea to see what kind of interest is out there to see if it is worth making an offering. You could technically put that you want to invest $50,000 on the site and then not invest at all if that is what you decide (A dick move in my opinion...
As long as you have legal docs, there's no trust issue to be handled. Simply invest all the capital as soon as it hits its mark and get an equal ownership in the entity for your investment. Under law by giving $15,000 for .67% interest in the LLC, and you have 67 people to total just over...
I disagree. Prayer is relevant in all situations depending on the person and their religious beliefs. People pray all the time about anything and everything. And contrary to popular belief, prayer is not reserved for "last resort".
However, PE may be getting the wake up call needed to start...
That's the problem right now. The company value is not there, the only sales pitch they have is the potential upside. And with that being your best pitch, the offers you can expect are loans with 20% interest rates and not much more.
There's a reason auto company startups are essentially non...
Not ignoring you. Was looking for where someone posted a few months back regarding a phone call with EM discussing it. Can't find it for the life of me so as of right now I am required to refer to JEBar's response until I find it back.
If people want in so bad, get 67 people to toss in $15,000 each into a LLC. Then invest all $1 million in Elio.
Obviously not the easiest thing to do but it's possible if enough want to badly enough.
Doesn't surprise me. Reading comprehension seems to be something beyond his grasp. Very frustrating dealing with these haters and doubters trying to stir the pot similar to the mainstream media by spinning something enough times you make something out of nothing.
TO ALL: If you don't like it...
Hey dummy! A major investor backed out last minute. They were on track but things change. Similar to savings for vacation then having to replace your Furnance. You were on track but now you no longer are.
And with the free samples example I was referring to the trips from city to city showing...
If there was some viable alternative that would boost reservations without giving up equity or was an easier way to get individual investors (the accredited isn't a very effective option IMO for individuals), I would agree.
Hopefully this accredited investor option is essentially their way of...
Considering that Facebook was valued between $77 and $96 BILLION prior to the IPO, comparing that to Elio is not relevant considering Elio's value is currently close to zero considering they are essentially fully financed/leveraged right now
Define market place. With the new investor deal, that could be considered in the market place.
As far as going online and simply buying stock, no. That's because they are not a publicly traded entity.
However they have to have stock in order to be a corporation. They may even have several...
A. They probably only have 1,000 or 10,000 shares. Doing a million shares for a startup is ridiculous.
B. Giving everyone ownership for simply preordering is not something any company would do. That's like saying everyone that preorders the next Call of Duty game should get ownership in EA just...
The desire for CASH, as you state actually proves they are customer oriented. The CASH desire is so they can follow through on their promise to us, the customers, with a working product. If they didn't have a desire for CASH, then they would be considered not customer-oriented as their...
This all began when what's his face was complaining about transparency. Then you piled on. So talking about the information and "lying" by PE is completely relevant if you understand what CONTEXT means.
It's still not lying by saying you believe you have the money only to later find out that...
What's your point? Lack of information to pass on to the public doesn't qualify someone as being a liar or not transparent.
They have informed us every step of the way, I don't understand the issue?
It's much more efficient to work for months at a time and then release a lot of information...
The problem is you thought going "all-in" would get you more than a 50% bonus on the car. You mistook the all-in investment as including you being a partner in the company and/or also providing you with a disclosure contract. PE has enough crap to deal with on the business side. He has NO...