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Pat Byrne——“in The News!!!”

Discussion in 'General Elio Discussion' started by Watashiwah, Aug 14, 2019.

  1. Watashiwah

    Watashiwah Elio Addict

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    Man of many talents:

    https://www.marketwatch.com/story/o...-even-more-nutty-and-unpredictable-2019-08-13

    Always had sort of a begrudging respect for Pat as an iconoclast and survivor. Unfortunately, if he is sane, and even IF his ‘experiences’ are true, he’s now way too provocative for Overstock’s shareholders to continue to constantly worry about.

    It was weird enough that he injected that $ 2.5million into Elio Motors. Not a lot of money considering everything: like a band aid on a gaping chest wound. Hari and Paul probably would have jumped at the chance to get any image ‘push’ from anyone even without more cash. TZero is now ‘front and center,’ I wouldn’t be at all surprised that Pat is put out and Overstock washes their hands of tzero, too.
     
    Last edited: Aug 15, 2019
  2. Samalross

    Samalross Elio Addict

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    Serious mental health issues. Needs to be ousted from OSTK and get treated.
     
  3. Made in USA

    Made in USA Elio Addict

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    Sometimes truth is stranger than fiction. I would like to know why he got involved with a Russian woman to begin with. How did they meet? Etc. I could understand the attraction of a foreigner on his part. What about her? While this should be interesting news in the future, there is a good chance this will not help Elio Motors get into production.
     
  4. Samalross

    Samalross Elio Addict

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    He has said lots of crazy things. Who knows what is true or not. He said that he could fix Venezuela's economic crisis with six computers, yet OSTK can not figure a way to make money except by issuing new shares.
     
  5. RSchneider

    RSchneider Elio Addict

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    I almost think he's just trying to get PR and comes up with this stuff. Honestly it's not like tZero or Overstock are hitting the headlines so what's the way to get the press to cover it, tell a story and create some conspiracy because the news channels love that. On the other hand, I'd rather hear about tZero and Overstock because that's much more important.

    I do remember a few years ago Pat was telling people that overstock was going to take on Amazon when it came to video on demand. As we all have seen, everyone always says, "I just streamed that great movie on Overstock!" plus everyone has the Overstock streaming app for music and video on their phones.

    I think that Pat got in on the online retailing and he ended up getting trounced by Amazon. Now others are showing up and not making it too easy on him. So, he's trying to live the old days by getting in on the next big thing and using Overstock to fund it. I know what rich people do, they never spend their own money. Thus why Overstock bought Elio shares, not Pat himself.
     
  6. raptor213

    raptor213 Elio Addict

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  7. ehwatt

    ehwatt Elio Addict

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    Didn't see that comin'.
     
  8. Bilbo B

    Bilbo B Elio Addict

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  9. raptor213

    raptor213 Elio Addict

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    My first thought after reading about Byrne's departure from his CEO & Board Chairman positions was precisely: 'well, there goes the ElioCoin STO...'
     
  10. Samalross

    Samalross Elio Addict

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    Not often a founder, CEO and major stockholder resigns and the stock goes up.
     
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