What Is Elio Stock Trading For Today?

[RSchneider]

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!

It's $3/gallon here and it'll go 14% higher in about a month.

 

[JEBar]

"Overstock has agreed to buy $2,500,000 of newly issued shares of Elio common stock at $2.75"

to invest that level of capital, Overstock or any other company would have to know enough to believe an Elio (or any other product) will be brought to production in a manner that will make a profit .... if all this goes as speculated, I consider it to be a very positive sign

 

[RSchneider]

Today was a great day. Stock up by 32% and almost a volume of 78K. Those are the numbers we want to see. Let's hope tomorrow will bring up just more of that good news.

 

[MotorcycleKopp]

to invest that level of capital, Overstock or any other company would have to know enough to believe an Elio (or any other product) will be brought to production in a manner that will make a profit .... if all this goes as speculated, I consider it to be a very positive sign

AGREED!!
No major company is going to blindly throw millions at something they don't believe in. Hopefully this is the first step of the turn around we've all been waiting for.

 

[Samalross]

They might not believe in the company, might be just interested in making money from the Eliocoin.

 

[ElioWallSteet]

They might not believe in the company, might be just interested in making money from the Eliocoin.

I think you’ve hit the nail on the head!

 

[Samalross]

I sound like a broken record but get out of Elio Stock tomorrow. Unlikely that the 2017 SEC year end will be good.

 

[Samalross]

Where is the SEC report? It should have been released before opening bell.

 

[Watashiwah]

Where is the SEC report? It should have been released before opening bell.

I think this is it: all the eggs in the "qualified investor" basket and selling ElioBucks...
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What are unregistered securities or stocks? By Katie Adams | Updated June 23, 2017 — 6:00 AM EDT


Before securities – like stocks, bonds and notes – can be offered for sale to the public, they first must be registered with the Securities and Exchange Commission (SEC). Any stock that does not have an effective registration statement on file with the SEC is considered "unregistered." To sell or attempt to sell a financial security before it is registered is considered a felony.

However, certain exemptions apply. For example, a privately-owned corporation may issue shares of stock to its executives and board members, but the new stockholders must notify the SEC before selling the stock to someone else. In addition, companies can raise capital by soliciting investments from individuals outside the company who are considered to be "qualified investors." The SEC defines a qualified investor as someone who has a net worth of at least one million dollars or an annual income in excess of $200,000. Individuals who meet "qualified investor" status also can become victims of "private offering" unregistered securities scams.

Read more: What are unregistered securities or stocks? https://www.investopedia.com/ask/answers/08/unregistered-securities.asp#ixzz5EAVCFWdA
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[Samalross]

What happened to the SEC 1K due yesterday?