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Discussion in 'Forum Rules, Site Suggestions, & Help' started by Jerry Greif, Aug 15, 2014.
You've never argued with my wife.
Arguments with wives are a different beast altogether...we must lose those in order to keep the peace...
Only if the argument's with the wife...
Not with her lawyer in the room, each time I opened my mouth it cost me!
Nice rant. But if the Gov't didn't create a class of individuals (Accredited Investors) who are permitted to invest their own money and prohibit investment by the rest (Unaccredited Investors), there would be no need for a gov't loan. This makes this loan POLITICAL and this loan is essential in the present environment for producing the vehicle. Regulation A+ is an attempt to reign back the prohibition, but happens to have a CAP of $50M or about 1/6th of the amount required to actually make this work.
I wish it were LEGAL for Elio Motors to simply offer 30M shares of stock to raise $300M. But it isn't.
We've been advised by those in contact with EM NOT to do that.
Correct, Elio Motors has told us specifically NOT to write to Washington to ask for action on the loan; we have been informed that it could do more harm than good.
There is a post in FB that says to contact DOE.
This is true, but there is a lot more that goes along with it.
Hold off for a bit till we post the details, there is more information then what posted;
It will have the links to use, and outlines of items that are recommended to included.
We are not going to tell you how to write your letter, that's entirely up to you.
So hang on, we'll have all the information up ASAP.