Wrong. He's covered by his website's "Forward Looking Statement" from any liability hence he doesn't have to do anything and his website can stay as-is indefinitely.I disagree. We know what he's doing. For example:
1. Not updating his SEC filings
2. Not issuing press releases in over two years
3. Making it overly difficult to refund deposits
4. Not taking reservations in over two years
5. Not updating his website
6. Refusal to talk to anyone in the public
7. Is hiding
His thinking is simple. He got a bunch of money from people on a project that was never going to work, so he needs to stay out of the public eye until everyone gives up.
On the other hand we could look at it as he's looking for money and that soon it'll all come together. If Elio was not still a viable business plan, he would have shut the doors years ago. The question is, how long does it take to look for money? The answer to that is simple. Until you die of old age. So this means, Paul has another 20 years.