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Forza X1 $FRZA float is only 8m for a 30c name and company has 22 months of cash on hand , has no dilution at all , Insiders own 45% also They anticipate starting sales of their electric boats in Q2, generating their first revenue from powertrain, and delivering to customers during the same quarter.
$FRZA catalysts; The company expects to begin selling their F22 monohull electric boats by Q2 2024 Forza X1 anticipates generating its first revenue from the powertrain in Q2 2024 They plan to start customer deliveries in Q2 2024
Official Forza X1 F22 Electrified Launch Video
1K views 4 months ago
Where you seeing that?
FORT PIERCE, FL / ACCESSWIRE / June13, 2023/ Forza X1, Inc. (NASDAQ:FRZA) ("Forza," the "Company"), a new developer of electric sport boats with a mission to inspire the adoption of sustainable recreational boating, today announced that since the end of July 2023, the Company has received 100 non-binding pre-production reservations for its initial two models, the FX1 Dual Console and FX1 Center Console which, if ultimately finalized, could result in more than $18.5 million in revenue for the Company following delivery.
Wow this is big news just released
Wow part of Frza acquired by motor sport huge news
News out here we go going to 5 dollars
Wow they released new news today being aquired for 50 million oh my god
https://www.nasdaq.com/market-activity/spos
FRZA Forza X1, Inc. 6/07/2023 $11,501,150
https://stockcharts.com/h-sc/ui?s=frza&p=D&yr=0&mn=6&dy=0&id=p38090673899
https://www.barchart.com/stocks/quotes/frza/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);ADX(14);SMA(50);SMACD(12,26,9);RSI(14,100);ACCUM;STOSL(14,3)&sym=CNNA&grid=1&height=500&studyheight=100
https://www.barchart.com/stocks/quotes/frza/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(20);SMA(50);SMA(100);SMA(200);CHKMF(20)&sym=SYSX&grid=1&height=210&studyheight=100
https://www.barchart.com/stocks/quotes/frza/opinion
https://finance.yahoo.com/quote/frza/
Thanks man,held a few days longer than I thought I would but all A_OK
Got out before the halt. $3.88
Told you so a few days ago. Didn't get my $4.00 but did fine! Tell me whats next. :)
Wow...you had about 5 minutes to enjoy the spike. Halted and now down. SMH!
FRZA: Heck, that suffices for me!! An order for THAT many boats --- and from such a RESPECTED boat dealer --- pretty much meets the definition of "EXTRAORDINARY", as pertains to ANY segments of the otherwise Global Boating Industry!!
I think its what they tweeted about
FRZA: Is that what they TWEETED about, a few days ago??? Or, do you think they have an all-NEW electric boat coming????????
FRZA: YEP!!! Never seen anything better, truth-be-told. I have GUESSED that they are about to unveil a new little (EV) 'WATER-SCOOTER' thing; or something like that, since they Tweeted that it would be "EXTRAORDINARY"?? Hopefully, we'll see what it is pretty soon.
Forza X1 Receives Order from OneWater Marine Indicating its Intention to Initially Purchase 100 Units of the Company's 22-foot Electric Boats
FORT PIERCE, FL / ACCESSWIRE / June 9, 2023 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today that it received an initial purchase order from OneWater Marine, Inc. (Nasdaq:ONEW) indicating its intention to purchase 100 units of the Company's upcoming 22-foot electric monohull boat. As Forza gets into commercialization, the order could equate to approximately $12,000,000 in revenue.
OneWater is one of the largest recreational boat retailers in the United States. OneWater engages primarily in the retail sale, brokerage, and service of new and pre-owned boats, motors, trailers, and the sale of marine parts and accessories and offers slip and storage accommodations in certain locations. It currently operates a total of 100 retail locations, twelve distribution centers/warehouses, and multiple online marketplaces in 20 states, several of which are in the top twenty states for marine retail expenditures.
The 100-unit order, made up of fifty 22-foot center console and fifty 22-foot dual console boats, marks a significant milestone for Forza, representing the Company's first sale of its 22-foot electric boat. "We're excited to build upon the strategic partnership that we formed with OneWater last August," Forza X1, Inc.'s Executive Chairman and Chief of Product Development Joseph Visconti stated. "Our 22-foot electric boats will have the opportunity to reach customers throughout OneWater's thriving dealer network, especially in key geographic areas that may be prime markets for marine electrification. Our team is hopeful that the boats built to fulfill this order will help amplify our mission to promote sustainable recreational boating."
The Company's 22-foot electrified monohull was first announced in March 2023. Forza's engineers have put the boat through various open water tests, including one that saw it reach speeds of approximately 40 miles per hour (35 knots). Based on its findings, Forza anticipates the 22-footer will be usable for up to five hours with normal run times and usage. The delivery of the units, pursuant to the non-binding order, is subject to testing, ability to manufacture and, typical to the industry, OneWater Marine's right to cancel or amend the order.
About Forza X1, Inc.
Forza X1, Inc.'s mission is to inspire the adoption of sustainable recreational boating by producing stylish electric sport boats. We are focused on the creation, implementation and sale of electric boats utilizing our electric vehicle technology to control and power our boats and proprietary outboard electric motor. Our electric boats are being designed as fully integrated electric boats including the hull, outboard motor and control system. For more information, please visit forzax1.com.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements and include statements regarding OneWater Marine, Inc.'s intention to purchase 100 units of Forza's upcoming 22-foot electric monohull boat, the order equating to approximately $12,000,000 in revenue for Forza, our 22-foot electric boats having the opportunity to reach customers throughout OneWater's thriving dealer network, the boats built to fulfill this order helping to amplify Forza's mission to promote sustainable recreational boating, the 22-footer being usable for up to five hours with normal run times and usage.These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, Forza's ability to commercialize its boats, Forza's abilit
Cgi very interesting Web Page
FRZA: YEP!! It's a winner!! (And Closed this day UP some more.)
Don't know what all that means but FRZA is an aggressive little Company with a bright future!
FRZA: Yes, indeed!! (And NO, all of that was NOT "CGI", of course; but at this stage of the CGI, AI, & METAVERSE stuff, it SHOULD BE!! Lastly, WALT DISNEY STUDIOS was the FIRST "Quasi-Metaverse" --- kids' stuff, for sure, but as such I suspect that DISNEY today will be the very first to totally ANNIHILATE Hollywood!!! WHY the fluck does Hollywood need ANY flesh-&-blood actors??? That is really PUZZLING!!!)
MR Dude, I felt like I was on that boat. The background city is amazing! Love it, man.
MR Dude, I felt like I was on that boat. The background city is amazing! Love it, man.
FRZA: YEP!! (Never seen ANY website --- no matter WHAT the industry --- with THAT kind of visual spectacle. (And, it did NOT look anything like that last year, when their share PRICE was jumpin' somewhat.)
PS: Hope ya got a nice score on that @MGOL --- not me, though; that damn intestinal crap!! But I may jump on THAT one tomorrow.
That is awesome man. I would have never looked if you didn't post the link! Thanks
FRZA: Hey, Colonel Subs, they have a REALLY IMPRESSIVE website now --- look at these graphics!! (If Hollywood can STOP perpetuating their mindless "Star System" of flesh-&-blood actors, then ALL future MOVIES will be made via CGI!!! What the fluck is taking Hollywood so damn long to do that??????)
https://forzax1.com/
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FRZA: They obviously will soon unveil a (very cute) little ELECTRIC-WATER-SCOOTER of sorts --- like a 'Jet-Ski'. (Real hard to figure this one out, Peeps!!!)
Have a wonderful time Ks
Day one reservation holder here. Just got an invite to Forza “electrified” event. Looks awesome. It’s July 8th at west palm beach. We RSVPed already! Can’t wait!
Thank you! Will see how she plays out. :)
And good luck with this play, hopefully J.Vis delivers for y’all ! :)