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Elio Belly Up. Fake News Or Not?

skygazer6033

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I recall advice from an old First Sergeant. "Don't fall down 'til your shot". Until Elio tells me they've gone "tango uniform" I'm not going to be concerned. As for worry over the SEC fillings, one thing you can count on is each one is going to look worse than the last. They have no product to sell so they have no income so there is nothing to show financial improvement in the SEC filling. As I see it (opinion) Elio gets the ATVM loan, Paul throws in the towel and brings in VC investors (with the accompanying lose of control of the company) or the new reservations start to trickle down and the company withers away. Will Paul let that happen? I don't think so but I don't think Paul will let A VC investor gut the whole concept just for a quick profit. A tough call.
 

johnsnownw

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You can read these types of articles all the time after SEC filings. The article isn't "fake," but the author's interpretation of the information is just that...an interpretation of the facts.

Anyway, it would be in everyone's best interest, that is those investing or looking to acquire a reservation, to heed the information provided in the article. It is not gospel, but you can't just ignore articles like this...do your own research and make an informed decision.

The speculation is that Elio was counting on the sale of ZEV credits to succeed, or at least they were a main component of the business plan. If true, it would certainly be an issue if they didn't have access. However, this hasn't been confirmed...so if anything people should maybe attempt to get confirmation of the facts...rather than simply ignore the possibility that there is an issue.

Of course, there is something to be said for those who are interested in the company, and want it to succeed against the odds. Understanding the risk is important, and if you want to invest your money in Elio to help them succeed you should absolutely do that. It's just good to do so with all the information at hand, rather than ignoring information that doesn't jive with the outcome you want.
 

CrimsonEclipse

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1. What is it with this Gas2go guy? Is he paid by the big 3 or just not given enough attention as a child?

2. The SEC filing has to be worded just right to check off ALL of the boxes. Is it viable (check) is it fuel efficient (check) is Elio in NEED of money (CHECK CHECK).

It's not worded for us, it's worded for a loan.

So filter accordingly.
 

Marshall

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The source is directly from EM filings on the Elio Motors OTC markets page. Certainly not fake news, although you still may be skeptical as enthusiasts don't seem to believe EM's own statements. Odd. It would be a good idea for Elio investors and enthusiasts alike to check the required SEC filings periodically to see how things are going in EM's real world rather than making assumptions and or reading other's speculation, and or calling real news fake. I don't like what I'm reading from EM lately, but can't simply disregard it as fake.
http://www.otcmarkets.com/stock/ELIO/filings
So your saying you got it from independent sources and not a link provided by the "news"? I just don't trust the labels. Anyone can doctor an SEC filing and claim it's legitimate. I just don't trust a suspect link to get to the real filings.

Carbon Credits (read Al Gore enrichment program) should never have been taken seriously in the first place and I really don't think selling them was ever a serious piece of the puzzle. That's why I suspect the report AND it's links.
 

Elio Amazed

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So your saying you got it from independent sources and not a link provided by the "news"? I just don't trust the labels. Anyone can doctor an SEC filing and claim it's legitimate. I just don't trust a suspect link to get to the real filings.
Marshall, have you even bothered to click on the link we provided to see where it takes you?
The link we provided has nothing to do with the article.

And Marshall...
If anyone represented a tampered-with federal document as the original...
They'd most likely end up in federal prison in very short order. :rolleyes:

So, in short, to answer your question again... yes.
 
Last edited:

Rickb

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1. What is it with this Gas2go guy? Is he paid by the big 3 or just not given enough attention as a child?

2. The SEC filing has to be worded just right to check off ALL of the boxes. Is it viable (check) is it fuel efficient (check) is Elio in NEED of money (CHECK CHECK).

It's not worded for us, it's worded for a loan.

So filter accordingly.
The SEC requires the wording to provide accurate information for all investors. You better believe it's for us to use in making informed decisions regarding investments.
 

DAVID BROWER

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This wasn't a hater article. Nobody hates the high mpg Elio concept and or idea of an Autocycle concept with a planned direct to consumer sales model with the exception of big oil and NADA.

IT SEEMS TO ME THAT THE ELIO IS BIG OIL's BEST FRIEND .
IT PROVIDES A LARGE SCALE VIABLE ALTERNATIVE THAT BRIDGES THE GAP
BETWEEN GREEN & CONVENTIONAL ENERGY .

BACKING THE ELIO & BRINGING IT TO PRODUCTION WILL KEEP A LOT OF CUSTOMERS
PUMPING GAS THAT MIGHT OTHERWISE BE PLUGGING IN .

CLEARLY THE ELECTRIC CARS ARE HERE TO STAY AND WILL BE IMPROVED .
THEY SHOULD BE HOPING THAT THERE IS AN ELIO AROUND TO COMPETE WITH THEM .
 

Ty

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You can read these types of articles all the time after SEC filings. The article isn't "fake," but the author's interpretation of the information is just that...an interpretation of the facts.

Anyway, it would be in everyone's best interest, that is those investing or looking to acquire a reservation, to heed the information provided in the article. It is not gospel, but you can't just ignore articles like this...do your own research and make an informed decision.

The speculation is that Elio was counting on the sale of ZEV credits to succeed, or at least they were a main component of the business plan. If true, it would certainly be an issue if they didn't have access. However, this hasn't been confirmed...so if anything people should maybe attempt to get confirmation of the facts...rather than simply ignore the possibility that there is an issue.

Of course, there is something to be said for those who are interested in the company, and want it to succeed against the odds. Understanding the risk is important, and if you want to invest your money in Elio to help them succeed you should absolutely do that. It's just good to do so with all the information at hand, rather than ignoring information that doesn't jive with the outcome you want.
Paul Elio said from the very beginning that they built $1,000 of profit into each Elio. The profit potential of building 250,000 Elios per year is obviously $250,000,000. The factory can produce that many. Whether or not there will be that many customers remains to be seen.
 
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