Elio Stock Sale A Success? Has There Been A Press Release?

[Double D in Ohio]

Cannot believe that those who said they would buy stock but didn't are not catching flak on this MB.

Did it ever occur to anyone that there may big BIG PLAYERS in the Auto Industry that Pledged to Buy Shares with no intention to do so. Remember this is the First Start up company in the USA building their own engine. I don't imagine the BIG # care for that much and would like to see Eilo fall by the wayside.
Double D in Ohio

 

[slinches]

There are more effective methods if one of the big three decided they want to kill the Elio.

 

[John Painter]

"To date this offering has raised nearly $16 million, which is more than the $12.6 million needed to move to the next phase of development on the vehicle – building our E-Series prototypes."

Well, I finally got what I wanted!

I'd say it's more like;

$16 million (thunder clap) haa, haa, haa

 

[TCBronson]

Cannot believe that those who said they would buy stock but didn't are not catching flak on this MB.

Did it ever occur to anyone that there may big BIG PLAYERS in the Auto Industry that Pledged to Buy Shares with no intention to do so. Remember this is the First Start up company in the USA building their own engine. I don't imagine the BIG # care for that much and would like to see Eilo fall by the wayside.
Double D in Ohio

conspiracy theory?

 

[Jim G]

Over $17M raised through Feb 1 deadline. Stock should begin trading on OTCQX sometime in March, 2016 per Paul Elio's recent comments, but this is a long-term hold, IMHO.

 

[bunchathrees]

Over $17M raised through Feb 1 deadline. Stock should begin trading on OTCQX sometime in March, 2016 per Paul Elio's recent comments, but this is a long-term hold, IMHO.

It is a risky investment - that's for certain. Even should the product launch, there is too little data to determine how effective the organization will be after start up. Will the management team invest wisely or will they embark on a drunken spending spree? Still, I've put a little money into the stock. If the price collapses due to accredited investors seeking liquidity, I just might double down.

 

[toxotes]

conspiracy theory is totally it.

Jimmy Hoffa bought 15 million in shares to ensure the teamsters will build the cars
and the third bullet from the grassy knoll was fired from Elvis's gun

 

[John Painter]

It is a risky investment - that's for certain. Even should the product launch, there is too little data to determine how effective the organization will be after start up. Will the management team invest wisely or will they embark on a drunken spending spree? Still, I've put a little money into the stock. If the price collapses due to accredited investors seeking liquidity, I just might double down.

Seriously...."drunken spending spree" it's pretty clear EM knows how, and why, to run a lean ship. Any accredited investors that have put money in EM didn't put money in because they were looking for a tech company quick return, the value in this type of company is in years, not months.

 

[RUCRAYZE]

Over $17M raised through Feb 1 deadline. Stock should begin trading on OTCQX sometime in March, 2016 per Paul Elio's recent comments, but this is a long-term hold, IMHO.

How is it that brokers always tell clients -you're in it for the long run,- so who is it that is buying and selling daily?
IMO the market is 1/2 a step lower than lotteries, it's a game for the big boys,

 

[Rickb]

How is it that brokers always tell clients -you're in it for the long run,- so who is it that is buying and selling daily?
IMO the market is 1/2 a step lower than lotteries, it's a game for the big boys,

Who is buying and selling daily................day traders and brokers.

The stock market is a good place invest a % of your retirement portfolio in proven companies. You certainly don't have to invest in high risk startups which is gambling with your retirement funds.