Elio Motors

http://www.crowdfundinsider.com/201...ey-w-johnstone-vice-president-of-engineering/

Elio previously raised approximately $17 million on equity crowdfunding platform StartEngine. The mini-IPO type offer was available to anyone -not just accredited investors. The securities also became immediately transferable under the Reg A+ rules. Shareholders purchased shares at $12/share. Elio worked diligently to list their shares on the OTCQX, the market reserved for the highest qualify companies listing on the OTC platform.
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https://en.wikipedia.org/wiki/OTC_Markets_Group

Many foreign issuers adhere to the listing requirements of qualified foreign stock exchanges[8] and make their home country disclosure available in English.[9] There are also a significant number of U.S.-based issuers who are current in their reporting to regulators[10] such as the U.S. Securities and Exchange Commission (SEC) or make available ongoing quarterly and audited annual financial reports through OTC Markets Group.[9] Many companies in the Pink market tier of the OTC categorization system do not meet the United States' listing requirements for trading on a stock exchange such as the New York Stock Exchange or NASDAQ. Many of these issuers do not file periodic reports or make available audited financial statements, making it very difficult for investors to find reliable, unbiased information about those companies. For these reasons the SEC views many of the lower-tier companies traded on OTC Markets as "among the most risky investments" and advises potential investors to heavily research the companies in which they plan to invest.[11]
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OddTrader said:
Elio-Parked.jpg
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I wonder what their shares are worth now... they'll sell a lot of these things. Its a solid company. Good engineering design. And safe. Built/designed the engine from the ground up. Roll cage, ABS... 80 MPG, 0 to 60 in ten seconds... air conditioned ....2 seater....$7300.... sweet. These should sell very well. Especially in Europe and Asia. American ingenuity and entrepreneurship is alive and well.
 
Its has a wide wheel base, but you have sit in tandem. Kind of a waste of space. It's cool, but I don't think this will sell in big numbers.
 
Elio Safety Management System that includes three airbags, unibody, and Anti-Lock Braking System
Fuel-injected, SOHC gas-powered, Variable Valve Lift, 3 cyl., .9 liter, liquid-cooled, automotive engine
Front Engine / Front-Wheel Drive
8-Gallon Tank / Targeted 84 MPG (Highway)
Standard 5-speed manual or available automatic transmission
Parking brake
Top speed over 100 MPH
0-60 speed in 9.6 seconds
55 HP and 55 LB-FT of torque
Traction Control, Stability Control
12:1 Compression
Regular Unleaded Fuel
Tire Sizes: Front: 135/80 R15 Rear: 175/65 R15


Standard Convenience Features include:

Air Conditioning / Heater
AM/FM stereo radio
Power windows
Power door lock
Cruise control
Disc brakes
3 yr / 36,000 mile warranty
Pep Boys anticipated to be "Official Service Center" for service and warranty work
Plus hundreds of options like leather seating, stereo upgrades, etc.
 
vanzandt said:
Pretty cool. I bet they make it. I always thought someone should build something like this.

http://helloelio.com/

I might pre-order one of these things lol.... not red though. Hmmmm. Tempting.
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These cars have been around since early 90s, I have seen them at auto-shows and I'd rather buy a Morgan 3-wheeler....
 
dealmaker said:
These cars have been around since early 90s, I have seen them at auto-shows and I'd rather buy a Morgan 3-wheeler....
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http://www.morgan-motors-cars.com/new-morgans/3wheeler



The exciting new Morgan 3 wheeler with its 2 litre S & S Vee twin engine deserves to be driven and have fun in

Prices start at £31,140 including tax, plus on the road costs

The UK's largest Morgan 3 wheeler dealer continues to deliver cars to both UK and overseas customers.

New upgraded specification. Check with Melvyn for delivery in 2016
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vanzandt said:
I wonder what their shares are worth now... they'll sell a lot of these things. Its a solid company. Good engineering design. And safe. Built/designed the engine from the ground up. Roll cage, ABS... 80 MPG, 0 to 60 in ten seconds... air conditioned ....2 seater....$7300.... sweet. These should sell very well. Especially in Europe and Asia. American ingenuity and entrepreneurship is alive and well.
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3 airbags, $7,300 and air conditioned would look good.
 
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