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 Elio
To 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 through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial markets, visit www.otcmarkets.com.
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The information contained in this press release and in the video to which it refers is provided “as is” for educational and informational purposes only, and should not serve as the basis for any trading or investing decisions. OTC Markets Group makes no representations and disclaims all express, implied and statutory warranties of any kind to any viewer or third party. Neither OTC Markets Group nor any of its affiliates makes any endorsement of any particular company, security, product or financial strategy, and nothing contained in this video should be construed as investment advice. Investors should undertake their own diligence and carefully evaluate companies before investing.
Media Contact:
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, saskia@otcmarkets.com