Chinese Or Other Foreign Investors?

[pistonboy]

Suppose no American investors would invest in the Elio, but Chinese investors were ready and willing to invest all the money Elio needed.

Would Paul Elio accept the Chinese investment if that was the only option?

Would Paul Elio approach Chinese investors if that were the only option?

 

[3wheelin]

Suppose no American investors would invest in the Elio, but Chinese investors were ready and willing to invest all the money Elio needed.

Would Paul Elio accept the Chinese investment if that was the only option?

Would Paul Elio approach Chinese investors if that were the only option?

...that or his dream of producing an awesome and efficient 3wheeler will stay just that....in his dream!

 

[Watashiwah]

If the Chinese were to invest in Elio Motors, just what would they get for their money? EM rents a tiny office in Phoenix, they have some convoluted 3rd. party interest in a facility in Shreveport (facing beaucoup fines soon), they have 3 to maybe 5 'prototypes' in various stages of incompleteness and obsolescence, two engines (one of which has no verifiable performance numbers), no patents unique to the product or absolutely necessary, some (difficult to determine) debt to suppliers, and a trailer with a dusty 'demo' vehicle. The Chinese could "knock off" (there is really nothing to emulate) this virtual auto cycle at pennies of the dollars Elio has, arguably, forever squandered; if there was a future in this, the Chinese have at least thought about it. High fuel prices, and 'green' benefits, are of no matter and inconsequential to any development, it is all about profitability. All EM has to offer is CAd drawings and, some remaining, but perishable, 'good will.'

 

[Samalross]

If the Chinese were to invest in Elio Motors, just what would they get for their money? EM rents a tiny office in Phoenix, they have some convoluted 3rd. party interest in a facility in Shreveport (facing beaucoup fines soon), they have 3 to maybe 5 'prototypes' in various stages of incompleteness and obsolescence, two engines (one of which has no verifiable performance numbers), no patents unique to the product or absolutely necessary, some (difficult to determine) debt to suppliers, and a trailer with a dusty 'demo' vehicle. The Chinese could "knock off" (there is really nothing to emulate) this virtual auto cycle at pennies of the dollars Elio has, arguably, forever squandered; if there was a future in this, the Chinese have at least thought about it. High fuel prices, and 'green' benefits, are of no matter and inconsequential to any development, it is all about profitability. All EM has to offer is CAd drawings and, some remaining, but perishable, 'good will.'

Perfectly put

 

[Grumpy Cat]

I'm sure the Chinese could buy stock...

 

[Samalross]

I'm sure the Chinese could buy stock...

The value of the stock is way out of proportion to the value of the company. Shares are worth only pennies.

 

[Elio Amazed]

If the Chinese were to invest in Elio Motors, just what would they get for their money? EM rents a tiny office in Phoenix, they have some convoluted 3rd. party interest in a facility in Shreveport (facing beaucoup fines soon), they have 3 to maybe 5 'prototypes' in various stages of incompleteness and obsolescence, two engines (one of which has no verifiable performance numbers), no patents unique to the product or absolutely necessary, some (difficult to determine) debt to suppliers, and a trailer with a dusty 'demo' vehicle. The Chinese could "knock off" (there is really nothing to emulate) this virtual auto cycle at pennies of the dollars Elio has, arguably, forever squandered; if there was a future in this, the Chinese have at least thought about it. High fuel prices, and 'green' benefits, are of no matter and inconsequential to any development, it is all about profitability. All EM has to offer is CAd drawings and, some remaining, but perishable, 'good will.'

The Chinese are already producing micro-cars of their own and have even more in the hopper. Oh, and they say, "Thanks, but no thanks."

 

[Doug McDow]

Does anyone out there think that it would be worth my time to attend the stockholders meeting today? I need your answer within 45 minutes from now. Thank You.

 

[RUCRAYZE]

Does anyone out there think that it would be worth my time to attend the stockholders meeting today? I need your answer within 45 minutes from now. Thank You.

nope- go enjoy a grande latte, or save some $ and get a great cup of coffee from McD for a buck, or watch grass grow, paint dry.....

 

[Doug McDow]

nope- go enjoy a grande latte, or save some $ and get a great cup of coffee from McD for a buck, or watch grass grow, paint dry.....

My wife agrees with you!