1. Welcome to Elio Owners! Join today, registration is easy!

    You can register using your Google, Facebook, or Twitter account, just click here.
  2. Hate the new look? Click Here to learn how to go back to the old one!

New Sec Filing

Discussion in 'Elio Stock Discussion' started by Johnny Acree, Aug 3, 2017.

  1. Johnny Acree

    Johnny Acree Elio Addict

    Messages:
    1,111
    Likes Received:
    2,016
    Joined:
    May 12, 2014
    Reservation #:
    4287 & 22039
    Just for fun, and partly due to recent typing about EM and the negative media, I looked up the Facebook IPO.

    First off, the press, and the "annalist" were very positive about this IPO. Yes, Facebook was turning a profit. I think they showed a profit in 2009. source

    We know that the Shreveport press is very negative on EM, but what about the national press? Is EM even on their radar?
    Facebook filed their S1 Feb 1 2012 and held it's IPO May 18 2012. By my count that's 15 weeks.

    EM filed their S1 Aug 3 2017, 15 weeks out will be Nov 16 2017+- OH LOOK! we have another month to go. ;)

    So, given the attention span of the public and the micro time span of the "news cycle". That's plenty of time for the press to hype this thing.
     
    Last edited: Oct 16, 2017
  2. Sailor Dog

    Sailor Dog Elio Addict

    Messages:
    556
    Likes Received:
    906
    Joined:
    Mar 17, 2016
    Location:
    South West
    3rd quarter sec 10q for Elio tomorrow or Tues if late.
     
  3. Watashiwah

    Watashiwah Elio Addict

    Messages:
    156
    Likes Received:
    156
    Joined:
    Aug 24, 2016
    Location:
    DC area
    It will be interesting to see how that 4,444 bucks kept them afloat all this time. Someone must have injected some bucks, somewhere along the way.
     
    L0gic, Sailor Dog and BaldGuy like this.
  4. BaldGuy

    BaldGuy Elio Addict

    Messages:
    430
    Likes Received:
    869
    Joined:
    Sep 22, 2014
    Location:
    Morgantown, wv
    Well, its Tuesday. Anxious to see how they spent that 4,444. Where is it?
     
    Sailor Dog likes this.
  5. Maurtis

    Maurtis Elio Addict

    Messages:
    755
    Likes Received:
    1,477
    Joined:
    Jan 14, 2016
    Location:
    Kyle, TX
    Reservation #:
    Investor
    Likely it all went to Starbucks? LOL!

    I cannot see how the report could say anything other than "still broke". You would think if anything reportable happened they would shout it from the rooftops.
     
    Sailor Dog, Kuda and Elio Amazed like this.
  6. Samalross

    Samalross Elio Addict

    Messages:
    313
    Likes Received:
    275
    Joined:
    Mar 3, 2017
    Location:
    Toronto
    They will have to report soon. Guess they are hoping for some good news to report at the same time.
     
    Sailor Dog likes this.
  7. Johnny Acree

    Johnny Acree Elio Addict

    Messages:
    1,111
    Likes Received:
    2,016
    Joined:
    May 12, 2014
    Reservation #:
    4287 & 22039
    I have a question.
    If "10Q" is a quarterly report. Then why don't I see any "10Q" reports in the SEC list of ELIO filings?
    I see "1SA" semi annual and "1K" annual.
     
  8. Samalross

    Samalross Elio Addict

    Messages:
    313
    Likes Received:
    275
    Joined:
    Mar 3, 2017
    Location:
    Toronto
    It will be a current report 1-SU
     
    Sailor Dog likes this.
  9. BaldGuy

    BaldGuy Elio Addict

    Messages:
    430
    Likes Received:
    869
    Joined:
    Sep 22, 2014
    Location:
    Morgantown, wv
    This is a dumb question, but what if there wasn't enough left of the 4,444 to pay someone to do the reports? I would assume CPA's and such don't work cheap....
     
  10. Samalross

    Samalross Elio Addict

    Messages:
    313
    Likes Received:
    275
    Joined:
    Mar 3, 2017
    Location:
    Toronto
    Not a dumb question.The reports are easy to do. No accounts receivable, sales or much of anything else. Government time estimates are 5.0 hours for a straight filing. The CFO should be able to knock it off in about thirty minutes, just punch in numbers on a standard form. If they can't afford to do this, they would have to declare bankruptcy (dissolution with no debts). The hard part, is that the person signing it is legally bound to tell the truth.
     
    Last edited: Nov 14, 2017

Share This Page