ElioWallSteet
Elio Aficionado
Wish I could post the article here. A security token will ultimately be a SEC regulated security backed by real assets of the company, unlike a utility token.
Not a takeaway, but a summary. The article & my crib version pleases investors'... ELIO up 18 cents. Going long will beat going short...have you read about the trouble short traders are having with ELIO lately... up over 40% on the pro-USA long side of ELIO in past few months. How's the short side doing lately? LOL
Here are the facts with regards to Elio’s Reg A+ stock history...
1) Elio stock was priced at $12 when it was initially offered to the public...($12 was the IPO price)...
2) During the following months after Elio’s IPO...Elio stock traded up to $75...
3) Today...Elio stock is trading for $3.60...
I’ll let everyone make their own conclusions with regards to Elio stock performance...
I like the Elio vehicle concept... I hope Mr Elio is able to find enough venture capitol to fund his project to fruition...
IMHO...public funding through the Reg A+ and a ElioCoin STO does not appear to be viable...
The solution to Elio’s balance sheet issues will only come with private funding...
Elio’s current stock price ($3.60) reflects the lack of investor confidence...all that seems left is the speculative day traders...
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