RE:RE:RE:RE:RE:RE:EVLV is out of optionsRevenant: Ain’t speculation fun even if it’s on the dark side? LOL
Bill Gates aka the “Borg” … Can we even be certain he is still involved in EVLV? Maybe he got his seed capital out long ago? Even if he didn’t, would he supply additional capital given EVLV’s ongoing problems?
Gates and friends … Would they supply the needed capital for an EVLV takeover of XTRA? EVLV only had $56M in cash as of June 30 which means EVLV would need between $250M and $400M fresh cash to take a run at XTRA and they would still be stuck with EVLV’s damaged reputation and obviously questionable management.
Regardless if Gates and friends or someone else, there is clearly something in the making. Someone is making a heck of an effort to suppress / keep the SP from rising and that’s usually only done for one of two reasons: Takeover or financing.