Buyout?

[evboy]

whats te difference between a cvt and a amt?

 

[CaribbeanZombie]

Is there any point to this thread? EM does need more funding to go to production, but they are NOT SEEKING FUNDING outside the the DOE loan! It makes business sense to get the loan, rather than give up a piece of the pie...which keeps Paul (who has set goals) in charge & we'll see the 84mpg & $6800! No matter what, we're all waiting at least another year to get our Elio's! The latest post on EM's website says that EM announced that they've cleared 1 of 3 hurdles with regards to the DOE loan!

 

[lnwlf40]

whats te difference between a cvt and a amt?

Google it.

 

[ks6c]

I just dont want another delay, because of funding, and rather they go public by the end of the year.

A statement like this demonstrates a complete lack of understanding of value creation and the IPO process.

For those here to learn from others: Unlike Silicon Valley where hype substitutes for value, an IPO in the manufacturing sector before production has even begun would be the death knell for the company. No product = no value = no capital raised from the IPO = no funds to launch production. It really is that simple.

Use of jargon should not be confused with expertise or understanding.

 

[Jim H]

Im saying, if he cant get the funding, better to sell than go bk and never see your dream materialize. option 2 would be go public, if they cant get the money.... do you guys really want to stay on this board for the next 3 years waiting for funding. at some point you have to make a decision.

Yes, my decision has already been made.

 

[Smitty901]

When a company goes public the number of regulations they must deal with takes a huge leap. The cost of compliance is out of this world. Example I own two shares of a stock, the paper work they are required to send me each year cost more than the stock is worth. They have offered me 3 times it's value to give it up. I refuse just to be a pain to them.
There is a common misconception that you need to own a lot of stock to control a company in many cases as little as 13% put you in charge.
Investors that wish to take over a company buy enough stock to make them a player then all they need to do it get others to sign on and they take over the board appoint a new CEO and they run the show. It happens all of the time.
If ELIO went public they would soon lose control of the company's direction , they would also see cost sky rocket. It is in ELIO's best interest to stay private.
Now if ELIO came up with a system to raise capital from the public you bet I would invest even with a low rate of return. There is always a percentage of investment you expect to either go south of do little that is what risk is about. In the case of ELIO I would be willing to take that risk.

 

[Dustoff]

You guys are completely nuts and i am not a troll. Im dealing with a bunch of children that get mad because i said one negative thing about their toy. QUOTE]

Hmmmmm

 

[evboy]

A statement like this demonstrates a complete lack of understanding of value creation and the IPO process.

For those here to learn from others: Unlike Silicon Valley where hype substitutes for value, an IPO in the manufacturing sector before production has even begun would be the death knell for the company. No product = no value = no capital raised from the IPO = no funds to launch production. It really is that simple.

Use of jargon should not be confused with expertise or understanding.

you know how many crap internet companies went public in 1999 and 2000. Aptera went public and they didnt have crap. I cant believe what i just read.They have a product. its a 3 wheeled car. Going public is all about demand.Period. if a year from now,they had 25 prototypes with the new engine put in, good crash ratings, and the price and mileage are verified, they could drum up demand. they have a plant and all the work is done. 50k reservations.Do you really think people wouldnt invest if they thought the company was going to be a hit. the money they raised would be used to build the actual car. 50k cars times 500 net profit is 25,000,000. if you put a pe ratio of 20 times earnings thats 500 million market cap. They could raise 300 million and most investors would think they are getting a deal. buying stocks is about the future not the present, and if wall street thinks they could sell 50k to 200k of these cars a year or more, they would invest, or they might not. It would depend on demand in a year.

 

[outsydthebox]

...... Aptera went public and they didnt have crap....

That I a very good point. I don't think It helps you make your point, tho. We all know where Aptera is today.

 

[ks6c]

you know how many crap internet companies went public in 1999 and 2000.

Yes, hence my point...

Unlike Silicon Valley where hype substitutes for value...

I just dont want another delay, because of funding, and rather they go public by the end of the year.

if a year from now, they had 25 prototypes with the new engine put in, good crash ratings, and the price and mileage are verified, they could drum up demand. they have a plant and all the work is done..

"By the end of the year" or "a year from now"? Big difference. I was challenging the demand of "by the end of the year."

Aptera went public and they didnt have crap...

My point, exactly...

...an IPO in the manufacturing sector before production has even begun would be the death knell for the company. No product = no value = no capital raised from the IPO = no funds to launch production. It really is that simple.

...buying stocks is about the future not the present...

No - for successful investors, buying stocks is about the future BASED ON the present and, AT PRESENT - despite our(my) collective boundless optimism on this forum that Elio WILL succeed - there isn't a sufficient financial foundation to convince a sufficient number of investors to drive a sufficient valuation of EM to raise sufficient capital to float production, YET. Again, it really is that simple.

Let's have this conversation again a year from now, with several key milestones in the rear view mirror (or camera, as it were).