So many false perceptions on what a ElioCoin STO will be... Here’s some more clarification from Patrick Byrne himself... I quote Byrne from a April 27th interview... “The industry is distinguishing very clearly now between ICOs and STOS,” Byrne said. “An STO allows consumers to purchase digital coins or tokens as part of a public offering, just as they would in an ICO. However, unlike many ICOs, these tokens will be backed by a tangible element, such as assets, profits, or revenue in a company, according to Byrne. It’s like holding shares in a company.” So...an STO is not magic money... basically it’s another form of common stock...backed by the tangible asset’s of a company...really not much different from the current Elio Motors Reg A+ offering... Those that think STO’s produce venture capital from thin air...do not understand the process... All STO’s are now coming under newly formulated SEC regulation’s... This proposed ElioCoin STO offering is really not very different from the last failed NASDAQ offering... Ladies and gentlemen do your homework!