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VIDEO: Elio Motors CEO Paul Elio Interviewed in OTCQX Video Series
VIDEO: Elio Motors CEO Paul Elio Interviewed in OTCQX Video Series.
About this update from Elio Motors Inc
[{"type":"text","content":"Paul Elio, founder and CEO of Elio Motors, Inc. (OTCQX: ELIO), the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 MPG with a targeted base price of $6,800, was interviewed by OTC Markets Group Inc. (OTCQX: OTCM) in its OTCQX Video Series. The series features one-on-one interviews with senior executives of OTCQX companies about their businesses and investment profiles. In the interview, Mr. Elio discusses:- His initial inspiration for the production of the Elio vehicle- How he was able to harness the collective expertise of 34 of the world’s best automotive suppliers to build a truly innovative vehicle- Elio Motors’ state-of-the-art facility in Shreveport, Louisiana- How Elio Motors raised close to $17 million under the Jumpstart Our Business Startups (JOBS) Act Regulation A+ (“Reg A+”) and why the company chose to go this route instead of raising capital via the private placement market- The advantages of Reg A+ and how it “gets back to the roots of the equity markets” in creating capital for companies to start and grow- How the passage of Reg A+ will likely be a “bellwether” event in U.S. history- A status update on the production of the ElioTo watch the complete interview, visit OTC Markets Group’s YouTube page at https://youtu.be/kkHj7Weoy18. Elio Motors is a designer, developer and manufacturer of highly efficient, low-cost automobiles. Leveraging existing automotive technologies and partnerships with the world's leading automotive engineering firms and component suppliers, the company is engineering and building a high-quality, safe, environmentally-friendly vehicle, \"the Elio,\" for sale initially in the United States market. About OTC Markets Group Inc.OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the Pink® Open Market. Our data-driven platform enables investors to easily trade throug...