aber immer noch ein must-read. Hatte ja hier schon mehrmals den Hindenburg-Link zur damaligen Twitter-Story gepostet.
Ein amerikanischer Traum ;) "With only $360 (numbers not in thousands) in unrestricted cash as of December 31st, 2021, nearly $19 million in near-term debt, $48.4 million in current liabilities and consistent operating losses, the company seemed to be teetering on insolvency right out of the gate. [Pg. F-2]
Then, on February 28th, 2022 the company made a surprising announcement. Despite spending only $3 million in R&D during its entire fiscal 2021, Mullen claimed it had made progress and “significant advancement” on development of solid-state batteries, a widely regarded “holy grail” of the EV battery industry that has long-eluded tech and automaker giants such as Panasonic and Volkswagen. [Pg. 44] The stock rallied ~145% on the day..." |