Elio Tells Sec It Has Lost $53m So Far

[Rickb]

No sense debating EM's financials, funding, and/or production dates until the current round of funding demonstrates the completed E build/testing milestone. One step at a time. Also, I don't think anyone is trolling by referencing EM's financials documented in the SEC filing. We are all fully aware of EM's debt and limited funding resources. We also know that EM is still on track for the Q4 production schedule.

 

[Coss]

No sense debating EM's financials, funding, and/or production dates until the current round of funding demonstrates the completed E build/testing milestone. One step at a time. Also, I don't think anyone is trolling by referencing EM's financials documented in the SEC filing. We are all fully aware of EM's debt and limited funding resources. We also know that EM is still on track for the Q4 production schedule.

Agreed, we have talked about similar financials before and it usually comes down to; we don't have enough information to make an informed decision or judgement; we're all speculating and that's how it will be; no sense getting into trashing things we're all guessing about.