What Is Elio Stock Trading For Today?

[Elio Amazed]

"Not filing on time with the SEC means you go to Pink."
Cue Appropriate Pink...

 

[Sailor Dog]

In the meantime, since they missed their report, they are now relegated to Pink. The moved to B because they failed the penny stock test which has to do with going below $5 and a few other things. Not filing on time with the SEC means you go to Pink.

What's the problem with going Pink... where do you think the currently OTCQB listed ELIO shares will go when they IPO on NASDAQ? I think to NASDAQ as well or if not combined the old shares are back to OTCQX just by meeting much stricter NASDAQ standards obviously. So who cares about ELIO's current status with the OTC....seriously!

Traded on two exchanges (OTCQX & NASDAQ) or just NASDAQ after a potential consolidation of shares is really the question I'd like to see answered?

 

[Watashiwah]

The last two days, about this time, it looks like someone is trying to create a little run by buying EM illogically high. Very interesting, but apparently not fooling anyone.

 

[Rickb]

What's the problem with going Pink... where do you think the currently OTCQB listed ELIO shares will go when they IPO on NASDAQ? I think to NASDAQ as well or if not combined the old shares are back to OTCQX just by meeting much stricter NASDAQ standards obviously. So who cares about ELIO's current status with the OTC....seriously!

Traded on two exchanges (OTCQX & NASDAQ) or just NASDAQ after a potential consolidation of shares is really the question I'd like to see answered?

https://www.investopedia.com/ask/answers/08/otc-nyse-nasdaq.asp

If EM is unable to maintain a favorable OTC listing, it doesn’t seem logical EM will ever meet qualification requirements for NASDAQ that has even more stringent regulations and requirements to maintain their listing.

It seems more likely that a company failing to maintain their NASDAQ listing requirements would be delisted from NASDAQ and forced to the OTC Market.

 

[RSchneider]

https://www.investopedia.com/ask/answers/08/otc-nyse-nasdaq.asp

If EM is unable to maintain a favorable OTC listing, it doesn’t seem logical EM will ever meet qualification requirements for NASDAQ that has even more stringent regulations and requirements to maintain their listing.

It seems more likely that a company failing to maintain their NASDAQ listing requirements would be delisted from NASDAQ and forced to the OTC Market.

That's right. If you get desisted at NSADAQ, you go to OTCQX or lower. What Elio did was go one step back and now they need to take two steps forward. In the end, Elio needs to get those SEC filings out there, get the stock up to over $5, move back up to OTCQX and then NASDAQ becomes a reality. As of now, they are just sitting there with no information whatsoever which makes many investors nervous. I know the news in the SEC filing will not look good but you have to get it out there. Having no info is worse than just facing the music with bad info. With the Elio stock volume so low, it won't take much to get it over $5. It's they need to manipulate it a bit to get things going.

 

[Samalross]

That's right. If you get desisted at NSADAQ, you go to OTCQX or lower. What Elio did was go one step back and now they need to take two steps forward. In the end, Elio needs to get those SEC filings out there, get the stock up to over $5, move back up to OTCQX and then NASDAQ becomes a reality. As of now, they are just sitting there with no information whatsoever which makes many investors nervous. I know the news in the SEC filing will not look good but you have to get it out there. Having no info is worse than just facing the music with bad info. With the Elio stock volume so low, it won't take much to get it over $5. It's they need to manipulate it a bit to get things going.

With the low volume , 100,000 shares purchased could bring it up to $5.00 Pocket change for Paul or Stu. They could also do a reverse split, easy to do when they have all the voting shares.

What's the problem with going Pink... where do you think the currently OTCQB listed ELIO shares will go when they IPO on NASDAQ? I think to NASDAQ as well or if not combined the old shares are back to OTCQX just by meeting much stricter NASDAQ standards obviously. So who cares about ELIO's current status with the OTC....seriously!

Traded on two exchanges (OTCQX & NASDAQ) or just NASDAQ after a potential consolidation of shares is really the question I'd like to see answered?

Another problem with pink is that most investors or brokers will not touch it. Remember the problems people had trying to buy Elio on QX, pink would make matters way worse.

 

[booboo]

In the meantime, since they missed their report, they are now relegated to Pink. The moved to B because they failed the penny stock test which has to do with going below $5 and a few other things. Not filing on time with the SEC means you go to Pink.

 

[RSchneider]

All we are missing are Rizzo and the gang on the hood of an Elio:

 

[Sailor Dog]

https://www.investopedia.com/ask/answers/08/otc-nyse-nasdaq.asp

If EM is unable to maintain a favorable OTC listing, it doesn’t seem logical EM will ever meet qualification requirements for NASDAQ that has even more stringent regulations and requirements to maintain their listing.

It seems more likely that a company failing to maintain their NASDAQ listing requirements would be delisted from NASDAQ and forced to the OTC Market.

That's right. If you get desisted at NSADAQ, you go to OTCQX or lower. What Elio did was go one step back and now they need to take two steps forward. In the end, Elio needs to get those SEC filings out there, get the stock up to over $5, move back up to OTCQX and then NASDAQ becomes a reality. As of now, they are just sitting there with no information whatsoever which makes many investors nervous. I know the news in the SEC filing will not look good but you have to get it out there. Having no info is worse than just facing the music with bad info. With the Elio stock volume so low, it won't take much to get it over $5. It's they need to manipulate it a bit to get things going.

This is all part of the plan...NASDAQ raise didn't fade away or outright fail without another word. Rather, not an investor involved doesn't want the delay to avoid the sticky fingers of the LA motor vehicle commission & others are washed clean. Watch as this unfolds...already moving further toward loftier moving averages. We've seen this before... Right?! Don't invest or short ELIO...your call...but we did warn you against that move...repeatedly.... Go ELIO 3 wheels or Go Trifan or go do a lot of research for the next big start up... Maybe Bioclonetix...50/50 shot at a cure for AIDS!

 

[Rickb]

EM said it best in their SEC Filing: