What Is Elio Stock Trading For Today?

[Elio Amazed]

If I was going to scam all of you, then I would have done it much easier. I would have made a great website. Then make a bunch of YouTube videos of all of my friends driving my two cars I had built. Then I would have set up a tour and done it at various racetracks around the country where you would be able to drive around places like Daytona in one of my cars at 50-60 mph. Then do something of a solo course in the parking lot. Had 3-4 people lined up to take your money. Repeat this for 3 years. All while cranking out press releases of various progress updates. I'd even rent a building for a month and set up where I'm going to build the car. After that, I'd start to hint that the government is making it hard on me and it's becoming really hard to make this car you drove at your favorite NASCAR track, not a reality. Then I'd finally declare bankruptcy and walk away.

That's the way you scam people. Do much less and then blame the government on your failure. As we all know, everyone loves a conspiracy theory and thus it'll pass for most of you. All while I walk away making just enough to live a good life and then create the next scam. If Paul was out to scam people, he was a complete idiot by spending way too much time, money and effort to do it. He could have made 10X the amount of money in half the time. If he was really out to scam people, then he will be one of the dumbest scammers on the planet and will go into the history books of doing it.

Also, the exact plan I just mentioned (not using cars but another product) is exactly what I watched someone else do about 20 years ago. He got away because he had the legal knowhow to protect himself.

Totally disagree with everything in that post. Everything.

 

[Watashiwah]

I’d like to believe that Paul went into this with good intentions, I believe Paul is a lousy businessman and probably an average, to below average ‘engineer,’ but that’s not a judgment as much as an editorial. There are many other qualities that he may have that outweigh those two. The scenario I see, is Paul first slowly discovering that ‘success’ doesn’t necessarily have to include making the vehicle. He learns a little from Stu about ‘wealth creation’ and a little from Hari; both leveraging real estate and some manufacturing equipment, and also learns that the ATVM loan ‘possibilities’ alone are enough to generate interest among some buyers and investors. They ‘outsource’ engineering services to themselves as ESG Engineering and arguably overcharge for either unnecessary and/or almost immediately obsolete designs. Paul has a bit of an ego and wants to also try for a new engine: no one is concerned as this allows more ‘churn’ and latitude with costs and places to ‘spend’ money. Slowly they realize that it’s getting more and more obvious that the numbers and projections just don’t add up, and as the ‘clock runs out’, there is nothing ‘Advanced Technology.’

They tried to associate themselves all along with ‘partners’ in the form of ‘Letters of Intent’ (which mean very little) and some bigger players like Roush (and that other company they owed millions to but settled for like $80,000). But all that slowly dissolved and none of the ‘partners’ ever mentioned Elio. The ATVM carrot is always ‘out there,’ and Hari, in particular, knows it’s a big draw to the Elio Interested that it’s mere possibility is a compelling marketing tool. They know they can always say ‘other funding is being pursued.’

They also know that any public disclosure from the DoE regarding the ATVM loan’s true status (which was never good) is not for public consumption: this I believe became the main component of their ‘business plan’ rather early on.

Those comments from the assemblers say it all, the mantra was probably ‘just coast and count the money we got, we’re not getting much more, but let this play out and it will just die on the vine, we get too greedy and we’ll lose any credibility: we did everything we could!’

Of course, this is merely my interpretation of a possible chain of events (although maybe not in order and lots of overlapping) and is meant as pure fiction, for entertainment purposes only!!

 

[RSchneider]

Totally disagree with everything in that post. Everything.

Maybe why you disagree would help. So, please give us a few paragraphs when it comes to you think. It only takes a few minutes and then we all know. One line is not how you respond in the real world.

 

[Elio Amazed]

One line is not how you respond in the real world.

Yes, it is. Do not try to construct a set of your own "rules" that I have to abide by to simply disagree with an entire post.

I believe it was stated plainly and simply enough. Thanks for the response.

 

[Made in USA]

Elio responded to my question about no current SEC documents. They avoided any explanation at all for their actions.


The Elio Customer Experience Team (Elio Motors)

Jul 10, 17:33 EDT

Hello,
Compliance is an important issue for any public company, and we work to stay within the groundrules laid forth by the different agencies.

Make sure to check out our blog at www.eliomotors.com/blog

Thank you,
The Elio Team

Based on the above response, they have failed to "work" on staying in compliance.

 

[Watashiwah]

Elio responded to my question about no current SEC documents. They avoided any explanation at all for their actions.


The Elio Customer Experience Team (Elio Motors)

Jul 10, 17:33 EDT

Hello,
Compliance is an important issue for any public company, and we work to stay within the groundrules laid forth by the different agencies.

Make sure to check out our blog at www.eliomotors.com/blog

Thank you,
The Elio Team

Based on the above response, they have failed to "work" on staying in compliance.

Coss,

You’ve always been deferential to Elio Motors’ integrity by recommending to ‘go and just ask them.’ What questions would you now advise? Let me know, I’ll ask them... i’ve run out of questions.

Thanks!!

 

[Samalross]

" We work to stay within the ground rules", not we are complying with ground rules. Another misleading statement that Elio is so famous for

 

[RSchneider]

Yes, it is. Do not try to construct a set of your own "rules" that I have to abide by to simply disagree with an entire post.

I believe it was stated plainly and simply enough. Thanks for the response.

You live in a different world than I do. Are you sure you don't work for Elio Motors because they give one line responses and we see how well that's working out. Typically the reason for a response like that is because you are afraid of really speaking your mind due to getting in trouble or have something to hide. In the end, we must agree to disagree and go on.

 

[Samalross]

Coss,

You’ve always been deferential to Elio Motors’ integrity by recommending to ‘go and just ask them.’ What questions would you now advise? Let me know, I’ll ask them... i’ve run out of questions.

Thanks!!

How about Dear Elio Motors Why do you not answer questions directly and truthfully?

 

[RSchneider]

How about Dear Elio Motors Why do you not answer questions directly and truthfully?

How about this:
1. As per what is on the OTC site, you are late on your SEC filing. When are you going to file it?
2. It's been over a year since any news has come about for the ElioCoin? When will this be released and go online?
3. Patrick Byrne has mentioned more than once about the Eliocoin and the reservations. How will the Eliocoin work when it comes to the reservations?
4. With the partnership that you have had with Roush for the last three plus years, when will you release the updates that they have done to the vehicle? Any tests on the new powertrain?
5. With today being 7/11/19 and adding on 76 weeks (as per your previous responses) and 7/19/19 will move the date of production into 2021, when will you announce that the Elio will be targeted for 2021?
6. Do you have any special T-Shirts what will come out at the end of October that will commemorate the 10 year anniversary of Elio Motors? If so, will they be on the Eliowear website?