Quote:
Originally Posted by Xist
The full article is here and without a paywall: https://www.abc15.com/news/let-joe-k...ased-automaker
Quote:
We asked Elio Motors -- with a decade of missed deadlines and nothing to show for their money, why not give it back to all investors who want it?
In an email, Elio did not answer that question.
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They claimed they returned deposits when requested... but in the example they gave, the investor did not get his deposit back until the news channel helped him. |
Deposits, maybe. But why on Earth would you return money to investors?
As Milo Minderbinder would put it, they have a share. They still own that share, and Paul Elio isn't stupid enough to buy a share in Elio at whatever price those investors did. Would you buy a share in Elio?