Fisker Inc (fka FSRNQ)

[pinkslipjunkie]

But if it does it should be rather quickly...the longer it stays delisted the chances narrow IMO.

[pinkslipjunkie]

That so very rarely happens I am sorry to say.

[ka pow]

So pissed right now does this mean this has came to an end or anything here to think the company will get relisted under a different capital structure.

[pinkslipjunkie]

knockout

[Pnypnchr]

What a crooked azz SOB. Hopefully Fisker goes to prison!

[Renee]

FSRNQ: BK PLAN effective. All shares cancelled @ 16:26 hours.

https://otce.finra.org/otce/dailyList?viewType=Deletions

[threebabiesbusy]

Great, thank you for clarifying! Any thoughts on when this could start trading again freely off of the expert market?

[Pnypnchr]

Has been approved.

[threebabiesbusy]

Do you mean plan has been approved or “when plan is approved?” I haven’t stayed in the loop last several weeks.
Tyia
3

[threebabiesbusy]

Positive foot forward. Timeline identified to regain compliance?

[threebabiesbusy]

Positive foot forward. Timeline identified to regain compliance?

[Pnypnchr]

Bankruptcy plan Approved.

[threebabiesbusy]

Does anyone know if they are working to regain their compliance to be put back on the pinks?

[ka pow]

Could Range Rover be in the wings for Fisker. Hmmmmmm

[threebabiesbusy]

Of course!

[novicetrader]

I was also leaning towards that view, so thanks for a 2nd opinion!

[threebabiesbusy]

I’m not a lawyer but that is how I interpreted.

[novicetrader]

so,to have some kind of right in the future,we should be opting out and vote "NO"? Am I understanding correctly?

[threebabiesbusy]

Possibly interpreted As meaning, if you do not formally, opt out and no vote, you give up all legal action to future lawsuit….?

[threebabiesbusy]

Possibly interpreted As meaning, if you do not formally, opt out and no vote, you give up all legal action to future lawsuit….?

[Xunefox]

Woot!!! $14 to $29!!!! DRINKS ON ME !!

[chonrm]

I haven’t tried, but can you even still buy it on the different exchanges?

[novicetrader]

Few of us here have been scratching our heads about it,lol! Still unable to make up my mind what it means & which way to vote.

[chonrm]

What’s the deal with this vote??

[threebabiesbusy]

Yes indeed!

[Xunefox]

Hahahahahahah $14 !!!

[BurgerKing82]

Looks intriguing

[novicetrader]

There's a 4-page document which comes up, 2nd page of which says this:

ALL HOLDERS OF CLAIMS OR INTERESTS IN NON-VOTING CLASSES THAT DO NOT ELECT TO OPT OUT OF SUCH PROVISIONS, BY EITHER PROPERLY AND TIMELY RETURNING THE ATTACHED OPT-OUT FORM, SUBMITTING ONE
THROUGH THE E-OPT-OUT PORTAL ON THE CASE INFORMATION WEBSITE, OR FILING AN
OBJECTION TO THE THIRD-PARTY RELEASE PROVISIONS SET FORTH IN ARTICLE XII OF
THE PLAN, WILL BE DEEMED TO HAVE EXPRESSLY, UNCONDITIONALLY, GENERALLY,
INDIVIDUALLY AND COLLECTIVELY CONSENTED TO THE RELEASE OF ALL CLAIMS AND
CAUSES OF ACTION AGAINST THE RELEASED PARTIES AS SET FORTH IN ARTICLE XII OF
THE PLAN

[SmellMyFinger]

So, there are basically three (technically, four) voting options:
1) For (opt out)
2) Against (same as #3, as in do not opt out)
3) Abstain (same as #2, as in do not opt out)
4) Refuse to vote (which is effectively the same as #2 or #3)

Therefore, it's essentially only two choices: opt out or do not opt out, and the board conveniently doesn't provide a recommendation because if they did, retail shareholders would know to do the opposite of what the board recommends. However, by not recommending anything, the board is by default recommending inaction (or #4 which is effectively the same as #2 or #3). Ergo, I'm assuming the board doesn't want retail shareholders to choose #1, or opt out.

[SmellMyFinger]

Apparently, no one in other message forums for trading understands what it means either, which means it was intentionally written with confounding language. It should be illegal to disinform retail shareholders in such a manner.

[novicetrader]

so it isn't just me not understanding then 😀. Copying the question here, hope someone knows what it means:

OPT OUT OF THE THIRD-PARTY RELEASES CONTAINED IN ARTICLE XII OF THE PLAN (FOR=OPT OUT, AGAINST OR ABSTAIN = DO NOT OPT OUT)

Board Recommendation:
None
For Against Abstain

[SmellMyFinger]

I had the same question. The provided documentation seems to be written in legalese, by design of course, so that retail shareholders can't even understand what's being presented. Can anyone here truthfully break down what the opt-out voting thing is all about?

[Carjockey2]

Must be awful to be nasty 24-7.

[novicetrader]

Cj...what's that Opt-out vote thing that we get a vote on,don't really understand what it implies? Thought you might know.Thanks

[Carjockey2]

He meant $28.00

I guess a sense of humor isn't your strong point.

[Pnypnchr]

Can't even hit .0028!?

[Xunefox]

Back to $28 :/

[Xunefox]

$60 now!!!

[Xunefox]

I’m not moving my $30 for anyone!!

[DawgTrading]

$FSRNQ is there a chance here? Just catching up again only had a few but toast... i see volume who buying this?

[FrostyMountain95]

Where was this posted?

[Carjockey2]

Well trust me..

Lots of laughter going on with your posts..

Have a good night!!

Thanks for stopping by.

[Brucebannerr]

Unlike some I don't live on Ihub pumping losers .
Just checked in for a laugh. And found the most moronic post of the week to chime in on . Lmfao

[Carjockey2]

LMAO


What ya waited all week for this post Bruce..

#FUNNY CHIT!!!

[Brucebannerr]

Less then 800 in dollar volume. Nobody getting rich but the shorts who were smart enough to know a dying pig and are slowly closing out .
Find someone in Canada?
Hilarious weeee !

[ka pow]

A fisker shareholder asked Henrik a question back in March. He got this reply today and posted it.

It sounds like you're seeking clarity on the situation, and I completely understand your concerns. The current challenges have indeed been significant, but I want to assure you that we are actively working on a strategic plan to address these issues. At this time, there are no plans to take the stock offline. Our focus remains on stabilizing the company, implementing necessary updates, and positioning ourselves for a strong recovery.

I appreciate your patience during this period, and I’ll make sure to provide more concrete updates as soon as possible. Thank you for sticking with us through this challenging time.

[misterfishman]

How often do tickers make it out of expert market teach. I think this one is finished and having a dead cat bounce.

[Carjockey2]

Lol

No kidding right..

I'm trying to find somebody I know in Canada that will buy it for me. LOL

[misterfishman]

Its too bad i cant trade this one teach some crazy swings going on here.

[Carjockey2]

Somebody's been buying .0040

Don't think it's a fat finger, but that's a nice 350% gain for some.