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Bullboard - Stock Discussion Forum Beam Global BEEM

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Beam Global is a clean technology innovation company, which develops, patents, designs, engineers and manufactures advanced clean technology solutions. The Company offers sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media. Its product offerings include EV ARC Electric Vehicle Autonomous Renewable Charger, Solar Tree Direct... see more

NDAQ:BEEM - Post Discussion

Beam Global > Where is the cash going?
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Post by solarman2013 on Dec 13, 2019 3:25pm

Where is the cash going?

The company raises $13M, nets $8.5M after paying off all of the jokers involved in the OTC version, uses millions more for operations that are losing money hand over fist despite increasing sales and probably has cash to last another 1yr or just over. how is this not a scam?
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