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Em Selling Stock Again (?)

Discussion in 'Elio Stock Discussion' started by pistonboy, Aug 4, 2016.

  1. Coss

    Coss Moderator Staff Member Moderator

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    Being that it doesn't say Elio anywhere, and the only reason I received it was because: You are receiving this email because you are a member of the StartEngine community.

    Does make it questionable that it's about EM; but it sure seems like it.


    And EKH you better adjust your Speech to Text; your posts look like you're hammered.
     
  2. floydv

    floydv Elio Addict

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    Yes, you're right. It was from StartEngine and started with "Elio Fans,..."
     
  3. Kuda

    Kuda Elio Addict

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    th?id=OIP.Ma63d3be1fea5e8dd5dbaf26686e43015o0&pid=15.1.jpg
     
  4. Ekh

    Ekh Elio Addict

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    Essential tremor buggers my typing and voice to text gets it waaay wrong much too often. Not hammered.
     
  5. raptor213

    raptor213 Elio Addict

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    I received this email too, and while no content makes mention to Elio Motors, the Subject Line does start with "Elio Fans, ...".

    Also noteworthy is the time stamp, with mine being received at exactly 8:00pm EST, after regular business hours for even folks on the West Coast.

    I do wonder the same things that have been speculated regarding the question about selling, the risk of share dilution should more shares be made available on either the OTCQX or NYSE, and the legality of dropping a time bomb like this leading into the weekend should it actually involve legitimate IPO details that could materially impact present shareholders.

    Even if we all submitted orders now to sell our shares, I'm positive they wouldn't be processed until close of trading on Monday. So we might as well watch the trading news and activity closely on Monday to see what develops.

    I did see an uptick in ELIO trading activity yesterday, but that would have been prior to StartEngine's email stirring the pot.
     
  6. raptor213

    raptor213 Elio Addict

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  7. HonestTex

    HonestTex Elio Addict

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    Why? If it's a public announcement it wouldn't be considered insider trading. I am ignorant to how it all works, but if they are going to issue more stock they have to announce it somewhere. Otherwise nobody would know they were selling. :noidea:
     
  8. Elio Amazed

    Elio Amazed Elio Addict

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    Because emailing a select small group of individuals may very well not be considered a "public announcement". Then there's the intended purpose of the messages. They're extremely vague and it could be interpreted that they meant to cause speculation and consequent manipulation of the stock prior to 'whatever" ominous un-foretold event that is going to happen on the 27th.
     
    Last edited: Sep 24, 2016
  9. HonestTex

    HonestTex Elio Addict

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    Thank you! That explains a lot that I didn't know.
     
    Elio Amazed likes this.
  10. Rickb

    Rickb Elio Addict

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    I wish they were selling the Elio.......an actual product.
     
    wizard of ahs likes this.

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