Elio Motors Inc. (ELIO)

[JohnPainter]

Elio Motors was founded in 2008. Their original production target was July 2014, then into January 2015, then Summer, then Fall and then to where it is now with 100 vehicles originally to be used for internal purposes being produced in the 4qtr and full scale production in 2017.

Elio Motors, like any new mass production vehicle start up has always been very risky. This is explained in black and white in their reservation agreements, regardless if one chooses a refundable reservation or non-refundable reservation. I have a fairly high tolerance for risk and am both a "all in"/non-refundable reservation holder and share holder.

I think it worth pointing out Elio motors is attempting to bring a vehicle that is Federally classified as a motorcycle to market, that will meet automotive safety standards and far surpass typical automotive fuel economy (due partly to the vehicles shape and long stroke 3cyl engine they designed with IAV) on a budget so far that is less tan Tesla (let alone any of the big boys) expends monthly on R&D. That said Elio Motors will need to raise about another $240 million to make it to production. The company has a good plan for getting there, I think they will, there are those who think they won't. Everyone should do their own due diligence. IMHO.