Sec Filings

[bunchathrees]

I thought it might be useful to have a dedicated thread for info on SEC filings.

 

[bunchathrees]

Here is the latest Form 10 filing. It has Y/Y and Q/Q info and it details the risk factors involved with this enterprise.

Notables:
In addition to the 58,824 shares issued to Stuart Lichter in exchange for a $5M guarantee to Paypal to allow the release of $4M in held-back cash, $63,000 shares were issued at $17.00 for a total of $1,071,000.

Some of the convertible debt has been converted into shares as well.

https://www.bamsec.com/filing/121465916012757?cik=1531266

 

[Ekh]

Thanks

 

[pistonboy]

Thanks

There is a Form 10 seen at http://ir.eliomotors.com/all-sec-filings/content/0001214659-16-012757/0001214659-16-012757.pdf

There is a Form 10-12B seen at http://pdf.secdatabase.com/141/0001214659-16-012757.pdf

Form 10-12B appears to be the same as Form 10 but with another coversheet added to the front.

Physics is simpler than finance.

 

[Ty]

Little observation...
IF Elio manages to build all the reserved Elios in their first year of production, Elio will be the number 20 auto manufacturer in the US by sales. Well, at least as far as sales in 2014 are concerned anyway. SMART, for comparison, sold just 3,285 vehicles and Mini managed only 13,047 even though those little things are a blast to drive! Here's the somewhat readable list.

 

[HonestTex]

Anyone know when the next required filing will be?

 

[Coss]

Anyone know when the next required filing will be?

Well if that was year end, and they have to file quarterly, around the end of March sounds about right.

 

[slinches]

I just read through some information on the Reg A+ Tier 2 reporting requirements and it seems that they are only required to report on a semi-annual basis. The Q3 1-U quarterly report filed last November was optional. The next scheduled filing is a 1-K annual report due around the end of April.

There's also a "Current Events" reporting requirement that mandates an additional 1-U statement within 4 days of the event if any of the following events occur:

- Fundamental changes in the nature of the business
- Bankruptcy or receivership
- Material modification of the rights of security holders
- Changes in the certifying accountant of the issuer
- Non-reliance on previous financial statements or a related audit report or completed interim review
- Changes in control of the issuer
- Departures of the principal executive officer, principal financial officer or principal accounting officer
- Unregistered sales of 10 percent or more of outstanding equity securities

So we should hear in short order if there's major news about the success of the company.

 

[Sailor Dog]

I just read through some information on the Reg A+ Tier 2 reporting requirements and it seems that they are only required to report on a semi-annual basis. The Q3 1-U quarterly report filed last November was optional. The next scheduled filing is a 1-K annual report due around the end of April.

There's also a "Current Events" reporting requirement that mandates an additional 1-U statement within 4 days of the event if any of the following events occur:

- Fundamental changes in the nature of the business
- Bankruptcy or receivership
- Material modification of the rights of security holders
- Changes in the certifying accountant of the issuer
- Non-reliance on previous financial statements or a related audit report or completed interim review
- Changes in control of the issuer
- Departures of the principal executive officer, principal financial officer or principal accounting officer
- Unregistered sales of 10 percent or more of outstanding equity securities

So we should hear in short order if there's major news about the success of the company.

... The moment of truth is at hand...Big news within 3 days... Uncharacteristically quiet everywhere...Go ELIO...

 

[Karg]

My guess would be they are going underwater, splash...glub, glub, glub.