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Fisker Inc FSRN

Fisker Inc. is building a technology-enabled, asset-light automotive business model for automotive industry. The Company is focused on vehicle development and sales and services. The Company is involved in designing and developing electric vehicles. The Company’s Fisker Flexible Platform Agnostic Design (FF-PAD) is a process that allows the design and development of a vehicle to be adapted to any given EV platform in the specific segment size. Its segments include White space segment, Value segment, and Conservative premium segment. The Company intends to offer third-party insurance to its customers to provide insurance against certain risks, including auto liability and physical damage, general liability and products liability. The Company intends to market and sell its vehicles directly to customers using its digital platforms, including the Flexee App and Website. The Company has not generated any revenue.


OTCPK:FSRN - Post by User

Comment by stockwatcher7on Mar 14, 2024 7:11pm
86 Views
Post# 35933865

RE:2004 AC example of restructure one new share for 11,894 old

RE:2004 AC example of restructure one new share for 11,894 old There is an enormous  short  position  on FSR  they  have  been  busy driving it  down   and  likely  sitting  on  nearly a 1 billion   us  and  will  use that  cash  to restructure  or  refinance FSR  provided they  can flush  out the  majority  of  shareholders  and   use the  new   consolidated  shares to  clear their  short  JUST  like the  AC restructuring   back in  2004

Teh  only  salvation   will be  a  white  Knight  or a  Gov  bailout.  With  all the  other   EV's  feeling the  pinch the  whole  EV  industry is  suffering  from a  lack of  buyers  because the  infrastructure is  not  ready to support them,  it  requires  a lot  of  infrasrtucture  to  charge  and  requires  users  to  find  something  to  occupy  the  2 to 4 hours  to  charge.

The  total  EV  is a step too  far  and  will kill  the  industry.  The  first  step push  should  be  for   Hybrids, to allow  the  infrastruture  build  out  and  users to adapt.  Clearly the  Gov  and  environmentalists  are  way  out  over their  skis.... Too  funny Maybe the  oil  companies  should  buy everyone an  electric  car.
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