Elio Motors Inc. (ELIO)

[Greenpower1]

Last auto show they did was the LA Auto Show in 2016. So you didn't see them in 2019. Actually, the last time Paul spoke was in 2018.

[abracky]

This company is a scam.

[splintered sunlight]

It's been toast...

[standintall]

I first saw the Elio at the 2019 Detroit Auto Show and was impressed.. I thought what a great commute vehicle it would make. It appeared to be making progress on production and, given the simplicity of the car, it didn't seem like it would be a real challenge. Still, it continued to announce everything but the delivery of their first cars. Fast forward to now and their introduction of the EV taking precedence over the gas model... this is the move of a pump and dump company.... not a legit car maker.
You can stick a fork in this one... it's toast IMO

[splintered sunlight]

And then they EM.

[Greenpower1]

Crypto didn't work, so they went electric.

[splintered sunlight]

They weren't hawking crypto - they were hawking BS.

[Hystart]

Hard to believe that Elio was hawking crypto!!!

[Greenpower1]

The shirts will be worth 1Bn Eliocoins

[Hystart]

I wonder what the shirts will be worth????

[Greenpower1]

Then when they go bankrupt, it'll be Elio 2.0. Get out your wallets and send him money.

[abracky]

100% CORRECT

[Greenpower1]

It'll be bankrupt soon. They will go another $20M in debt by the time for the next SEC filing. It's to the point, Paul will not be able to pay himself $250K/year. Thus, it's bankruptcy.

[Greenpower1]

The Elio was designed in Phoenix and the later prototypes were done in Michigan. He never "rehabbed" the plant. Instead he sold off old equipment. Actually, Hyundai leases out a big part of the plant. The rest is left to rot. This has nothing with being in the South for the plant. He could have got a plant anywhere and the company would still be in the same predicament. Investors know you can't build what he wanted for the price he said and think you were going to make a profit.

[Greenpower1]

First, they are over $230M in debt. So they need to address that. Then they need at least another $500M to finish the EV version. After that, they will need another $200M to set up their stores.So, let's say $1Bn in investment. Sounds like a plan for a vehicle designed 15 years ago.

[splintered sunlight]

It's not even a good scam.

[abracky]

This isn't a company. This is a scam.

[PennyStockDabbler]

Some people have a problem with investment. They want you to blow your cash locally. Not saying Shreveport or New Orleans, never spent any time there, but suppose it is so. Suppose by bringing them $100 Million, a failed broker and cab driver got to retire rich in the New Orleans area. Instead of being pressured to leave because he's not "old South," he would have gotten himself a gang of supporters because of all the money he spent "rehabbing" the plant. I would guess he did a lot of the work fabricating prototypes (or what looks like prototypes) in the South.

[PennyStockDabbler]

If Elio had a viable way forward, maybe they could get the rest of the cash they need.

Build it in Canada or Mexico. Or, break the promise and build it in China or Indonesia. It's better than not having a company.

[Greenpower1]

Last trade only $0.60. Great value for a company developing warp drive.

[jimmirehman]

Who is buying?

[Greenpower1]

Warp drive Elio that costs $4,999.

[abracky]

What's coming. Next scam?

[Greenpower1]

Keep holding. The announcement will come soon.

[splintered sunlight]

Holding my breathe.

Wait, I can't breath.

[Greenpower1]

A single ticket sold in CA. That state is next to AZ. Thus he bought it and is ready to announce him taking the company private. Can't wait.

[Greenpower1]

Elio is the best pick. Paul has been spending his salary on Powerball tickets, thus he will win and then can take the company private and start up the operation. Good times ahead come Tuesday.

[splintered sunlight]

POWERBALL BY A MILE!!!!!!!!!!!

[abracky]

What's a better pick? ELIO or POWERBALL?

[abracky]

Of course. Maybe some people need to see what this company really is. A SCAM. IMO

[Greenpower1]

Elio will have to declare bankruptcy before they can go further. Erase all of the debt and start over again. They already announced in their SEC filings that they might have to declare bankruptcy in 2023. Building up over $230M in debt and generating an additional $20M in debt by the end of 2022, is a sign that they are just bilking this until the end.

They make $20M in debt by doing nothing. Quite impressive. All while Paul gets a $250K paycheck.

[splintered sunlight]

abbacy don't denigrate the word scam....

[abracky]

Dude. This company is a scam.

[PennyStockDabbler]

The car did not have enough advantages when there were plenty of chips.

In the present environment, or if things get worse, they would have something no one else did which is a new car they could sell.

It might finally attract the capital they need.

[Greenpower1]

When there were plenty of chips, Elio couldn't make a vehicle. Dumbing down the vehicle is not something that would be the worst idea they could ever come up with and guarantee bankruptcy.

[PennyStockDabbler]

Can't Motorcycles use points, carburetors with no chips?

If there's a chip shortage, perhaps Elio could buy the rights to use an older engine which used points ignition and a carburetor? There would also have to be a non-electronic automatic transmission.

[mdb1]

I was going to buy the gas Elio. But guess it has just turned into a farce.

[Greenpower1]

He's actually an alien sent here to study humans. I seen a light over Phoenix the day after he made the Elio-E announcement and that was him flying back to the mothership that is parked on the dark side of the moon. He will be back in about 2 years with a new announcement of taking over planet earth.

[PennyStockDabbler]

Opiates!!! Any evidence Elio got surgery before starting his company?

Maybe some back issues? Anything which would expose him to painkillers?

That would explain it all.

[abracky]

And they will learn it's a scam.

[splintered sunlight]

Oh okay.

Yeah right

Thanks

[Greenpower1]

People will search Elio and find Elio Motors. It's momentum and where people will start gaining interest in the next big thing.

[mdb1]

I think it is worth $.0002 or maybe even $.0001

[splintered sunlight]

What does that mean?

[Greenpower1]

With the exposure of Elio thru Pixar, it will help.

[splintered sunlight]

Nice try at pumping ELIO.

ELIO is now Expert Market.

Really big news.

Really exciting.

SMH

[Greenpower1]

Elio has teamed up with Pixar. Big news!

[splintered sunlight]

By an anonymous poster - def true!!!!!!

[abracky]

Yep. I read it on the internet. So it has to be true.
Ha ha ha ha ha ha.

[splintered sunlight]

Naturally

Of course

Without a doubt.