Welcome to Elio Owners! Join today, registration is easy!
You can register using your Google, Facebook, or Twitter account, just click here.I will not be buying an Elio and do not wish any reservation holders to lose their deposit. So you can dismiss me as a hater if you want. I feel that Paul Elio has no desire to start production of the Elio. The reasons are that of the thirty million he has raised he has spent about $250.000 on mock ups and about $500,000 on an engine. If he used the money towards the car he could have built thousands by now. He wants to raise $30,000,000 and out of it, the directors would keep four million. This is a cash grab that would scare away any potential investors. Some posted that the 4 million would be used for other purposes. If this was true they would not have put this in the prospectus. I think that Comtrex is coming to this realization and I think that John Painter will realize it soon. I hope that I am wrong.
Please don't feed on #336, dismiss it as starter fluid and let it go. just sayin.
And this post will keep us from loosing our "deposit" how?I will not be buying an Elio and do not wish any reservation holders to lose their deposit. So you can dismiss me as a hater if you want. I feel that Paul Elio has no desire to start production of the Elio. The reasons are that of the thirty million he has raised he has spent about $250.000 on mock ups and about $500,000 on an engine. If he used the money towards the car he could have built thousands by now. He wants to raise $30,000,000 and out of it, the directors would keep four million. This is a cash grab that would scare away any potential investors. Some posted that the 4 million would be used for other purposes. If this was true they would not have put this in the prospectus. I think that Comtrex is coming to this realization and I think that John Painter will realize it soon. I hope that I am wrong.
To the Elio plants on this site, did you not read where he said "I hope that I am wrong."
336????? I thought that was 420?Please don't feed on #336, dismiss it as starter fluid and let it go. just sayin.