Elio Motors Inc. (ELIO)

[PennyStockDabbler]

Show one high volume cheap vehicle: Fiero, Saturn.

"Show me one high volume cheap vehicle that is made from a space frame." Pontiac Fiero, every Saturn ever built.

Its startup costs are lower. Fiero was also one of the safest vehicles of its size in '84-88 from the standpoint of crash resistance.

"If you actually took the time to read the SEC filings (which you haven't) you'd see why they were hemorrhaging cash. I ask you this, 'Why do you refuse too?' "

I don't refuse to. It sounds like you let them tell you whatever they want.

They led everyone to believe they went in with a lower cost startup plan. The three wheels would not require the same level of emissions compliance or crashing 90 different cars to ensure crashworthiness. Then they start wasting money pursuing unnecessary things which probably increase their tooling costs tenfold like going to steel stampings for the unibody.

It's almost as if Elio didn't understand the point of his own plan.

They did say they needed $378 million, not 600.