What The Hell Is An Autocycle

[Smitty901]

Not sure what a lower court sorting out a collision has to do with anything. Whatever the legislation says is what it says. Whatever a judge does or doesn't like about it is irrelevant. Courts don't make law, (in theory). But if the law says three wheels doth a cycle make, then it's a cycle. Period. But if the legislators change that law in anticipation of lots of Elios run ng about the country, (cause they wanna cash in), then viola! It's a car!

Courts make law all of the time. They just change the way the read a law and infect change it. Happens a lot now days. What the Supreme Court this year you will see a lot of it.

 

[WilliamH]

Ambiguity and lack of clarity in law or regulation is the something a good lawyer will notice in a liability case.

And if there is no ambiguity or lack of clarity the typical ambulance chasing shyster will bend every effort to contaminate it by injecting his/her own fecal matter. It's what lawyers do.

 

[WilliamH]

View attachment 5459

And you selected which options to get those results?

 

[RUCRAYZE]

Note to self: Add "What the H**l is An autocycle", thread not to respond to,. In just a few posts we wind up in court!!,lawyers, liability, -thanks, I no longer have any energy for this. you-all enjoy
WE ALL KNOW the day (timing is everything) the private/government $ is not secured -, will be beginning of the end of this project whatever it's gonna be called. It'll either be on the streets, or in the second publication of "The A-Z of Three-Wheelers", Elvis will add a footnote, as with so many other failures. I wish us all good luck.

 

[WilliamH]

http://form-d.findthecompany.com/l/188960/Elio-Motors-Inc

Thank you,
I got from a PC display:
----------------------------
Investment Overview
Filing History

Elio Motors, Inc. has filed 4 Form Ds since 2008. Of these filings, 4 have been for unique offerings.
Through these filings, they have raised $550,000.
They have paid sales commissions totaling $4,500,000.
They have used $4,875,000 of the proceeds to make payments to officers and directors of the company.
The types of securities they have issued are Equity, Debt, and other securities.
They have relied on the following exemptions in past filings Rule 506, Rule 506(b), and Rule 506(c).

Analysis of Past Filings

Elio Motors, Inc. has filed 3 more filings compared to an average company in the Manufacturing category.
They have had 3 more unique offerings compared to an average company in the Manufacturing category.
The total amount raised they have raised is about average than the average for a company in the Manufacturing category.
------------------------------------

Not really sure how those numbers work out,
(the first 3 lines)
but that was the kind of stuff that made me drop out of college 50 years ago.

 

[Terrence]

A good read, nothing new, balanced and attempts to differentiate the Elio from other comparables like Tanom Motors, Campagna, Polaris, Morgan http://www.cheatsheet.com/automobil...ng-the-autocycle-is-important.html/?a=viewall

The question was, what is an Autocycle?
-Answer, Autocycle A three-wheel motorcycle that has a steering wheel and seating that does not require
the operator to straddle or sit astride it.
-Key Autocycle Characteristics: A Steering wheel & Operator sits in a seat (does not straddle seat)
-"In recent years, there has been an increase in new
motorcycle designs. Some of the new designs are
challenging the existing rules and procedures for
dealing with motorcycles. Some of the newly designed
motorcycles have three wheels, a steering wheel, and
full or partial enclosures and do not have typical
motorcycle controls. Because these motorcycles are so
different, a new term is needed to identify them;
autocycle is the new term to refer to these
motorcycles." Information from 2013 American Association of Motor Vehicle Administrators
Just Loving the Elio Autocycle! 84 mpg, $6,800.00, motor capable off 200,000 miles, air bags, roll cage, AC, ooh-la-la! I have been all in !!

 

[Jim H]

View attachment 5459

Are you truly interested in Elio success or is your goal simply to "trash" them? Such negativity isn't good for your health and it sounds like you need to learn to mellow out.

 

[John Painter]

 

[WilliamH]

So the answer is, an "autocycle" is whatever Elio Motors says it is, which conveniently excludes all their likely competitors. I'm not sure whether I like the lobbyist-driven lawmaking more, or the clamoring for tax dollars. This story is turning into an example of everything that's wrong with business in America today.

No. An "Autocycle" will be whatever Congress determines it to be.
Unless they abrogate their Constitutional duties and responsibilities to some vile bottom feeding bureaucrat.

 

[WilliamH]

LOL- because Washington bureaucrats are well known for carefully reading and considering all the legislation put before them, right?

All they care about is who's for it, and what they're offering.

No. Congress is your Senators and Representatives. It's problematic whether they can read without their aids.
Bureaucrats are trash like Lois Learner and all of the Civil Service trash.
You know, like the heads of the EPA, FDA, DoE, DoJ, Homeland Security that type.
We didn't elect them, but they think they own us.