People don't realize that Lichter getting his conversion price down to $2.75, is costing way more than the $2.75 million that Elio is getting from Overstock.
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What Is Elio Stock Trading For Today?
- Thread starter Ekh
- Start date
Sorry I meant 2.5 million
RSchneider
Elio Addict
I hope you guys realize that Byrne is now behind this. I guarantee that the Elio will be out in 2019 because this guy doesn't mess around. Look for lots of progress reports and good news for the next 18 months. After that, you all will be driving your Elios.
Finally, Paul did the right thing and now his dream is a reality.
Finally, Paul did the right thing and now his dream is a reality.
booboo
Elio Addict
The rich are getting richer? Say it isn't so!
All I'm saying is dilution of common shares is better than a reverse split or delisting.
RSchneider
Elio Addict
Depends. I made enough on the IPO pump and dump to make enough to buy 2.3 Elios. Today, I just made enough for 0.6. Think about it. If you took two $1K all ins and invested it conservatively, you could have been around 60% of the way to a full list and nicely equipped Elio. This coin speculation and overstock was great news and I hope for more news. I know you all will get your Elio way before I do but at least mine will be free and probably enough left over for free gas for a long time.
Do the rich get richer? They sure did today and back with the IPO. Do the average get rich, depends on what you consider what rich is. Free car makes me feel rich and that's all that matters to me.
The dilution from overstock is good. Very little of the debt Lichter owns is convertible.
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RSchneider
Elio Addict
Stu deserves to make a ton of money. If it wasn’t for him Elio wouldn’t exist.
Since $2.5M is an extremely small percentage of the $376M they were claiming they need to go into production, I wouldn't be overly optimistic just quite yet.
That being said, it is a beginning and hopefully this snowballs quickly into something we can drive. After all, gas prices are slowly rising right now.
I want my green 5 speed Elio!
That being said, it is a beginning and hopefully this snowballs quickly into something we can drive. After all, gas prices are slowly rising right now.
I want my green 5 speed Elio!
Elio Amazed
Elio Addict
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Yep. Still $373.5M away from production.
RSchneider
Elio Addict
The ICO will get them the other $400M they will need.