Business
Elio Motors Engages Liolios Group to Lead New Strategic Investor Relations Program
Elio Motors Engages Liolios Group to Lead New Strategic Investor Relations Program.
About this update from Elio Motors Inc
[{"type":"text","content":"\n\n\n\nElio Motors Engages Liolios Group to Lead New Strategic Investor Relations Program\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nElio Motors Engages Liolios Group to Lead New Strategic Investor Relations Program\nPR Newswire\nPHOENIX, March 8, 2016\n\n\n\nPHOENIX, March 8, 2016 /PRNewswire/ -- Elio Motors, Inc. (OTCQX: ELIO), the start-up manufacturer launching a low-cost, highly fuel-efficient three wheeled vehicle, has engaged Liolios Group to lead a new strategic investor relations and financial communications program.\n\n\"We've now received more than 50,000 reservations and $21 million in deposits for our revolutionary, ultra-high mileage, targeted $6,800 base price two-person vehicle,\" said Elio Motors founder and CEO, Paul Elio. \"We expect to convert these reservations into more than $315 million in sales. Last month, we were the first company to complete a capital raise under Regulation A+ — with nearly $17 million crowdfunded — and the first to have those shares trade on a public exchange.\"\n\n\"Given our new status as a publicly-traded company, we believe Elio Motors would benefit from an experienced team of professionals to help us navigate the capital markets and generate greater awareness of Elio Motors in the investment community,\" continued Elio. \"Liolios Group brings a proven record of helping emerging growth companies like ours enhance shareholder value by delivering the right message to the right audience and establishing high-quality, long-term relationships with influential members of the financial community.\"\n\nLiolios Group will work closely with Elio Motors management to develop a comprehensive capital markets strategy, including a potential uplisting to a broader exchange. Activities will include messaging and corporate positioning, strategic advisory and introductions to analysts, investors and other key influencers across the financial community. They will also schedule road shows and financial conferences for management to attend over the next several months.\n\nVisit the Elio Motors website for additional informati...