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Discussion in 'Elio Stock Discussion' started by Ekh, Feb 20, 2016.
Last person out of here turns out the lights.
That'll probably be me. I'm pretty stubborn.
They make motion sensors for lights. Like in every hotel in Europe, they go out with no activity in the hallway and then turn on when there's activity. No need to turn them off, they will do it automatically. Move around, they come back on.
I don't hear the fat lady yet. Maybe I need a hearing aid … but maybe not. Still hanging in.
Did it really open at $1.62 and close at $1.75 today? Hmmm.
Elio Motors Inc
1.70 / 1.80 (104 x 200)
Real-Time Best Bid & Ask: 05:00pm 06/13/2019
Delayed (15 Min) Trade Data: 09:30am 06/13/2019
Only $1500 in stock traded. Executives and major shareholders are forbidden to trade until 10k released
Big Money loves brinkmanship, it’s a sign of business mettle, savvy, and knowledge. Big Money knows you have something ‘big’ and valuable to invest in with so many ‘spots in line’ and shareholders basking in transparency and goodwill. Brinkmanship further shows that you have a bullet proof business plan, are free of catastrophic liabilities, have a viable prototype, and that your product is protected by Patent and can’t just be reproduced by a High School CAD class during a Summer session.
I think that they were trying for one last score with the Elio coin and now realize that there is nothing left to milk.
Without any info, time has a way of answering questions: still a puzzle is why did Patrick Byrne/Overstock (if it really happened) invest $2.5million in EM? And were we (investors, ‘owners’ and interested parties) supposed to think that that relatively paltry amount would really do anything? I can’t help but think that possibly ESG Engineering may have actually ponied up those funds to posture Byrne as genuinely interested, to make EM still look remotely viable. If I were an Overstock shareholder I would question this whole Tzero project and Pat Byrne’s plan.