We've all been taken for ride, is what I say it is!Welcome OldAFguy. Now first take a few deap breaths. This is going to take a while.
The best source for info is the SEC fileing where you can find info like this
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$25M Regulation A offering underway
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E1 Engineering drawing release – Month 2
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E1 Builds begin – Month 3
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E1 Testing – Month 4
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S1 Production drawing release & tooling kickoff - Month 7
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Order long lead equipment – Month 9
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Shreveport plant integration – Month 9
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Initial 10 retail locations selected – Month 10
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Retail lease agreements signed – Month 11
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Service partner agreements signed – Month 11
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S1 Builds and production validation – Month 13
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Initial 10 retail stores build out complete – Month 14
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S2 Builds & EPA/CARB certification complete – Month 14
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Start of Production – Month 15
and this
Hari Iyer, Chief Operating Officer and Elio Motors Board Member. Mr. Iyer has been with Elio Motors since January 2014 and brings nearly 25 years of product development, business strategy and operations expertise in the automotive industry. From January 2011 to August 2013, Mr. Iyer was Executive Vice President at Envia Systems, a Silicon Valley battery manufacturer, where he led all aspects of business strategy and product commercialization. From October 2009 to November 2010 (and as a full-time consultant from ESG Engineering from October 2006 to September 2009), he served as Vice President of Engineering at Next Autoworks Company. At Next Autoworks, Mr. Iyer developed the original vehicle architecture, led the selection of vehicle technologies and suppliers and was responsible for all module engineering teams. From June 1999 to September 2009, Mr. Iyer was co-founder and Chief Operating Officer at ESG Engineering, a product development firm specializing in the automotive and cleantech space. Mr. Iyer held various positions at Johnson Controls, Automotive Systems Group from January 1989 to August 1997. He received his M.S. in Mechanical Engineering from Penn State and his M.B.A. from Stanford Graduate School of Business.
Please relax and enjoy the ride
A Long one for most of us that's been around since it's inception. A ride towards the future, the unknown....Twilight Zone??? I'm only messing around fellas! But kidding aside, if the ATVM loan should be approved, or angel investors are to come in, this is the year! If it don't happen this year, what makes everybody think that it will be approved NEXT year, or the year after? No application take that long! Darn it, I hate to see their creditors repossess all that is dear to EM including all the P series iterations (P0-P5) to pay for their debts!
