New Sec Filing

[Doug McDow]

Donny Boy, I like your day dream, I do wish that it comes true!

 

[Sailor Dog]

Based on recent clues, what if things go like this.......

Elio could announce they're moving up their production date!

Paul Elio was seen in NY in a black Elio parked close to the NASDAQ offices. Drexel Hamilton has a 100% success rate with NASDAQ IPO's. My theory is Paul is finalizing the details of the IPO. On the government side of things they were close to being approved for the ATVM loan, but there was too much red tape and too many hurdles for them to get it done alone. Therefore they hire a lobbying firm to speed up the process. Paul has received word that Drexel Hamilton is getting positive results from initial contacts with investors. They may even exceed the 100 million. The lobbying firm is making progress in securing the ATVM loan. Paul realizes that things have a taken a turn for the better and they will need all hands on deck in the near future. Elio contacts Pep Boys to move up the training program...that explains the comment from the Pep Boys mechanic. Before the end of the year Elio hires 100 employees to start preparing the Shreveport plan for production. The media is there to announce 100 out of work individuals now have jobs before Christmas. The entire town rallies around Elio. More excitement builds because production is imminent. Elio exceeds 100k reservations. By mid 2018 Elio is ready to hire another 1,400 workers to begin production. By Christmas of next year we're all driving around in our Elio's with red bows on the hood! No, I haven't been drinking..... just daydreaming.

The daydream is already half true...only a matter of time till the rest of the story unfolds and is told!

 

[Sailor Dog]

KSLA story about Elio petition to throw out Louisiana motor vehicle commission fines of $545k just came out! Clear the decks for ELIO and Drexel and ATVM?!!!! GO ELIO!!!

 

[LillyMayPatterson #1685 & #5648]

http://www.kxxv.com/story/36512736/...e-to-overturn-charges-fines-from-state-agency

 

[floydv]

http://www.kxxv.com/story/36512736/...e-to-overturn-charges-fines-from-state-agency

Good for Elio. That whole Commission is a sham, a thinly disguised, self-dealing racket that keeps competing manufacturers and dealerships out of the market by using blatant anti-competitive rules and practices.

 

[Watashiwah]

I have to hand it to Paul and Stu’s lawyers, it’s a brilliant argument that the fine is so steep it will put them out of business and therefore it’s ‘deliberately attempting to put them out of business.’

Although it may initially appear risky to declare how tenuous you are, it may help to get funding, but the brilliance is in that it takes just a few big voices in Shrevepor/Bessier to say ‘we don’t want to appear, in any way, responsible for their total demise, then our constituents might blame us, too!’

Let’s hope it works!!

 

[LillyMayPatterson #1685 & #5648]

Why isn't this story highlighted in any of my search engines? Pretty strange.

 

[Samalross]

They are going to have a hard time explaining how a thousand dollar reservation to get a thousand dollars off the purchase price, and asking for a commitment to purchase, is not a deposit.

 

[ecdriver711]

They are going to have a hard time explaining how a thousand dollar reservation to get a thousand dollars off the purchase price, and asking for a commitment to purchase, is not a deposit.

Nothing guaranteed. My money was put down 4 years ago with no refund if they fail.

 

[Travelbuzz1]

They are going to have a hard time explaining how a thousand dollar reservation to get a thousand dollars off the purchase price, and asking for a commitment to purchase, is not a deposit.

People had a choice, refundable or non - refundable.