faraday shill at it again. idk about failure companies that draw me in. This one just has one after another fail around each and every corner, but yet the CEO still wakes up and does his job dilligently, reporting weekly to investors what he's been up to. if I were him after all he's been through, I'd give myself a demotion to some quiet job in some nowhere town in the midwest. But nah, not this guy, after he filed chapter 11, he took a demotion for a while but then got promoted to co-CEO, but pretty much runs all the public facing PR stuff.
its also wild that his company wants to sell to both americans and chinese, but he is banned from working and I assume even visiting china. So this dude gets exiled from his homeland, gets promoted to somewhat his old job, and now he's learning english quite well, enough that he can read from scripts pretty well. haven't heard him speak unscripted yet.
shouldn't waste too much time on this shitter but a glance at the latest 10q won't hurt, the co-CEO bragged about only spending 8.6mil a month in cash burn, down from about 4 times that, if they acheived that organically without accounting wizardry, they might actually win me over and I'll throw a small pile at them, enough to not care if its all lost but enough to keep them on my radar
final faraday shill post tomorrow, promise. this stock will likely crash, but a small part of me is saying "hey these guys have failed so much there's almost no way they don't fail again." reminds me of another the who song WE DON'T GET FOOLED AGAIN