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Ty

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elio163qfronta_Ret_f.jpg
 

Ty

Elio Addict
Joined
Feb 28, 2014
Messages
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14,759
Location
Papillion, NE

RSchneider

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On average, companies in the Manufacturing sector, sell 59.50 % of the total offering amount. Elio Motors sold 100.00 % of the offering. Could this mean that the trust in Elio Motors is high? The average fundraising size for companies in the Manufacturing industry is $763,000. The total amount raised is 227.65 % bigger than the average for companies in the Manufacturing sector.

The Form D signed by Paul Elio might help Elio Motors, Inc.’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

https://finnewsdaily.com/elio-motors-2-50-million-fundraising-paul-elio-filed-may-3-form-d/
 

ABC123

Elio Aficionado
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Dec 18, 2016
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Rochester, NY
Sounds like there’s another strategic alliance on the horizon.
The 3 E-series created so far are the near-final versions.
Need to build 20 for testing, which will go to destruction. There was mention of 6 for crash tests, but I was unclear if these are 6 different cars or a sub-sample of the 20.
STO will have reporting requirements. Elio has been slow and out of compliance with the SEC on their stock disclosures. Do we think that any STO disclosures will be timely?
C’mon...what’s a few $100 million among friends, right?
My optimism meter is running a little higher today.
 
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