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doclees · 08-22-2013, 02:49 AM

Here is the latest from Eliomotors concerning their financials. Doesn't tell me anything. Also I am frustrated that they will not say how may pre-orders they have to date. At least Lit motors said 75% of their first run of 1000. Maybe there are some executive types that can interpret this email.

"Thank you so much for reaching out to us with your question. Elio Motors has been
blessed with some core investors who have great resources available to them. One can
just take a look at our board of investors to get a better understanding of the weight
that is behind our mission. From Stu Lichter, the CEO of Investor Resources Group (the
#2 commercial real estate group in the nation), to Jim Holden, the former CEO of
Chrysler, Ken Way, the former CEO of Lear Seating (the company that provides 40% of all
vehicle seats in the world), to David Schembri, a former Mercedes Benz exec and first
President of smartUSA, we recognize that we are quite fortunate! Our management team in
conjunction with our board of directors inspires a commensurate level of investment level
expertise for moving forward.

Our overall strategy takes us well through year one of production and includes many
pieces such that if one piece is not successful we have sufficient alternative pieces
that are ready to fall into place. Most significantly, our investors are just as excited
as you about our project, and therefore they are determined to make sure that we are
successful- something that is WONDERFUL to have behind us. As structured, we are
extremely confident with our financial game plan, and we do recognize that this
information will help you better understand who we are and how we are going to be
successful where others have failed. While we are providing you with a macro level view
of our finances, please know that our investors themselves have the micro level details
and that our financial statement is strong.

As far as how many orders we have, we are not currently releasing those numbers
publically.

We look forward to hopefully having you as an Elio Motors customer- and please tell your
friends about us too!
Best,
The Elio Team"

08-22-2013, 02:49 AM	#222 (permalink)
doclees EcoModding Apprentice Join Date: Dec 2012 Location: harrisburg pa Posts: 121 Thanks: 5 Thanked 10 Times in 7 Posts	Here is the latest from Eliomotors concerning their financials. Doesn't tell me anything. Also I am frustrated that they will not say how may pre-orders they have to date. At least Lit motors said 75% of their first run of 1000. Maybe there are some executive types that can interpret this email. "Thank you so much for reaching out to us with your question. Elio Motors has been blessed with some core investors who have great resources available to them. One can just take a look at our board of investors to get a better understanding of the weight that is behind our mission. From Stu Lichter, the CEO of Investor Resources Group (the #2 commercial real estate group in the nation), to Jim Holden, the former CEO of Chrysler, Ken Way, the former CEO of Lear Seating (the company that provides 40% of all vehicle seats in the world), to David Schembri, a former Mercedes Benz exec and first President of smartUSA, we recognize that we are quite fortunate! Our management team in conjunction with our board of directors inspires a commensurate level of investment level expertise for moving forward. Our overall strategy takes us well through year one of production and includes many pieces such that if one piece is not successful we have sufficient alternative pieces that are ready to fall into place. Most significantly, our investors are just as excited as you about our project, and therefore they are determined to make sure that we are successful- something that is WONDERFUL to have behind us. As structured, we are extremely confident with our financial game plan, and we do recognize that this information will help you better understand who we are and how we are going to be successful where others have failed. While we are providing you with a macro level view of our finances, please know that our investors themselves have the micro level details and that our financial statement is strong. As far as how many orders we have, we are not currently releasing those numbers publically. We look forward to hopefully having you as an Elio Motors customer- and please tell your friends about us too! Best, The Elio Team" __________________ With my Wrangler I average 40 mpg. Triumph Speedmaster 60 mpg + Jeep 20 mpg = 40 mpg!