Elio Ico! Is Nasdaq Listing Dead?

[Officespaced]

Just found since revised press release yesterday from Very LLC, a blockchain consulting organization that they are working with Elio on their upcoming Initial Coin Offering (ICO- think BitCoin).

The article was about Very being named "Very LLC Named Top 10 Blockchain Solution Provider by Enterprise Security Magazine"- The current press release can be found in the link below. It has been edited to remove Elio reference. I've attached two documents supporting that Elio is a client and is working with Very:

https://www.prnewswire.com/news-rel...0-blockchain-solution-provider-300627705.html

From original Very Press Release:

"Recent and current blockchain development clients include... and Elio Motors, an American automotive company on a mission to build a vehicle that's both highly fuel efficient and affordable"

From since deleted Very website posting:

"We're working with Elio to develop their token along with their ICO marketing site."

How does the ICO affect the NASDAQ potential listing? Elio has not responded about the ICO, nor NASDAQ filing effect. Something is up, as the Very LLC references with Elio are no more...

 

[Made in USA]

Well Elio did say they were looking at a variety of financial options. Maybe they will get something going soon. Lets hope.

 

[Maurtis]

 

[RSchneider]

Looks like an Elio Blockchain is in order. Stock price is supposed to go up when this happens.
https://www.morningstar.com/news/pr...amed-top-10-blockchain-solution-provider.html

 

[Samalross]

Looks like an Elio Blockchain is in order. Stock price is supposed to go up when this happens.
https://www.morningstar.com/news/pr...amed-top-10-blockchain-solution-provider.html

PR Newswire and Morningstar, only one missing is Zacks SCR . Too bad that they can not list these companies as spam.

 

[RSchneider]

Anyone know when the Elio ICO will be happening?

 

[Samalross]

According to Richopia ,Very was not listed in the top 100 Blockchain companies. Morningstar and PR newswire publish whatever their clients wants them to. They are just there to try to provide respectability and PR for clients, nothing more.

 

[RSchneider]

Hopefully Elio found an investor for an ICO because you can't make it unless you invest in it. Also there's stories like this:
December 21, 2017:
https://www.bloomberg.com/news/arti...ong-island-iced-tea-rename-as-long-blockchain

Yesterday:
https://www.coindesk.com/nasdaq-delist-long-blockchain-appeal-fails/

 

[Bookly]

Just found since revised press release yesterday from Very LLC, a blockchain consulting organization that they are working with Elio on their upcoming Initial Coin Offering (ICO- think BitCoin).

Shouldn't this have been posted on April 1st?

 

[Maurtis]

BTW, there are thousands of nearly worthless altcoins (aka shitcoins) out there. A simple Google search will yield instructions on creating your own altcoin from existing algorithms for free, and services that will create them for free for you as well. Those services make their money by hosting nodes and creating a wallet with nice logo for you in case you do not have the machines and time/talent to do it yourself. I saw one for as low as $70 (0.01 BTC) that will create the coin of your choosing, create a wallet with your logo, and host the minimum number of nodes necessary.

So if Elio does really roll out their own altcoin it does not mean they will suddenly have the millions they need to advance. Unless they can put some value behind the coin, say being able to pay for your Elio with ElioCoin, then there is a good chance it will end up being nearly worthless.

For example, I am sitting on 18 million PWR coins right now (I got them for free from a buddy involved with the project). Current value puts that 18,000,000 coins at around $3. LOL! So just making a coin does not mean it will actually be helpful.