Overstock Buys $2.5 Mm Of Elio Stock

[Phil B]

So, does this mean this vehicle will finally be produced? I saw notice on Facebook that Overstock committed to buy $2.5 MM of Elio stock on April 24th. I have had a reservation for over 3 years and would love to see this vehicle produced before I am to old to drive! Anyone else have any other information?

 

[Johnny Acree]

No, news to me

 

[Samalross]

No The 2.5 million was for working on Eliocoin and paying some debts. They made no mention of using any money towards production.

 

[W. WIllie]

IIRR they did say 4% of the stock.