Crowd-Funding Opportunity for Automotive Start-up


Up 50% from initial public offering a year ago, for those of you that saw what I saw and jumped on board.
 

pvdogteam said:
I saw it, but when will they release the car?
Click to expand...

I've read they project a roll-out in the third or fourth quarter of 2017. Remains to be seen though, a roll-out has been promised before only to be delayed.

Management anticipates assembling the first 100 S1 prototypes for real-world evaluation in late 2016 or 2017 with commercial mass production to follow.
http://finance.yahoo.com/news/elio-zacks-initiates-coverage-elio-150000693.html


The following is what I'm hoping for after indulging in the IPO at $12.00 per share:

Utilizing annual sales of $1.6 billion and with the expectation that Elio Motors can attain a P/S ratio of 5.0 at that time, the share price target would be $152 in 2021. However, to translate that value to a current target price, a net present value (NPV) calculation indicates a share price target of $51.
http://finance.yahoo.com/news/elio-zacks-initiates-coverage-elio-150000693.html
 
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