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Sheesh
Lot of folks here were posting about buying the top here
Thought you were buying the top
You're still here calling pump and dump? Lol
Desperate
That's all she wrote it seems
Lol. Shook
Burning shorties today?
Happened a bunch of times anD you've been posting for years here. Aitx and Stevie is thrash
Reverse split after Reverse split just check their history. Stevie is the worst
No I'm a realist. $5 to .02 shows fundamental breakdown.
Idex looks halfway decent. Just saying
Lol. It always comes down like from 5$
Enjoy the one pop day my friend
This has been going nasdaq for years but reverse split is what it's good at
Idex is a sad ticker
Turd Stevie at iT again
They have big board supporters circling the drain to the otc which is a terrible combination
Now do the notes for a stock at 4 cents and nasdaq.
So that's why it dropped from $5 to .02 cents? please tell me more
Idex does not make sense. I think the two options are reverse split or take the otc plunge
Did they regain compliance nasdaq? Look at the dates from their article.
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), a global company focused on accelerating the adoption of commercial electric vehicles (EV), today announced that, as expected, the Company received an additional notice of non-compliance from the Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") due to the Company's failure to timely file the Form 10-Q for the quarter ended June 30, 2022 with the Securities and Exchange Commission (the "SEC"), as required by Nasdaq Listing Rule 5250(c)(1). As previously disclosed, the Company earlier received notices from Nasdaq regarding its non-compliance with the Rule with respect to the Forms 10-K and 10-Q for the fiscal year ended December 31, 2021, and quarter ended March 31, 2022, respectively. The Company plans to regain compliance with the filing requirement by no later than September 12, 2022, which is the deadline in order to remain compliant with Nasdaq requirements. In the event that such deadline is not met then the Company will apply to Nasdaq for a hearing panel.
Ok that's great but what amount the Promissory notes? This is at 0.04 and take a look at the excerpt from their filings. It's like they're lending to themselves and that's the irony.
Amendment No. 10 to Secured Convertible Promissory Note
On November 2, 2022 (the “Effective Date”), Ideanomics, Inc. (the “Lender” or “Company”) and Via Motors International, Inc. (the “Borrower”) entered into an amendment (the “Amendment No. 10”) to the Secured Convertible Promissory Note dated August 30, 2021, as amended (the “Secured Convertible Promissory Note”). Under the Amendment No. 10, the Borrower agreed to borrow, and the Lender agreed to advance, an additional amount of US$600,000 on the terms and conditions set forth in the Secured Convertible Promissory Note. Pursuant to the Amendment No. 10, the principal sum payable under the Secured Convertible Promissory Note shall be US$59,818,111 and simple interest on US$600,000 shall accrue from the Effective Date, till the maturity date at the rate of 4% per annum.
Any amounts advanced pursuant to the Amendment No. 10 shall be deducted from the purchase price contemplated by that that certain Agreement and Plan of Merger dated August 30, 2021, as amended.
Guess they didn't have any dilution. Multiply $5 by the amount of shares out and you tell me what here justifies that type of market cap.
You mean the smart people watching it tank of $5 to 0.04 cents? This is a cesspool imo
I'm not short and I'm not invested but this looks like a nasty pump. What's here to be excited about?
4 cents with this amount of convertible debt and a market cap of 35 million. This is just one note too
Amendment No. 10 to Secured Convertible Promissory Note
On November 2, 2022 (the “Effective Date”), Ideanomics, Inc. (the “Lender” or “Company”) and Via Motors International, Inc. (the “Borrower”) entered into an amendment (the “Amendment No. 10”) to the Secured Convertible Promissory Note dated August 30, 2021, as amended (the “Secured Convertible Promissory Note”). Under the Amendment No. 10, the Borrower agreed to borrow, and the Lender agreed to advance, an additional amount of US$600,000 on the terms and conditions set forth in the Secured Convertible Promissory Note. Pursuant to the Amendment No. 10, the principal sum payable under the Secured Convertible Promissory Note shall be US$59,818,111 and simple interest on US$600,000 shall accrue from the Effective Date, till the maturity date at the rate of 4% per annum.
Any amounts advanced pursuant to the Amendment No. 10 shall be deducted from the purchase price contemplated by that that certain Agreement and Plan of Merger dated August 30, 2021, as amended.
Don't mean anything just show them the charts and the share structure
Amendment No. 10 to Secured Convertible Promissory Note
On November 2, 2022 (the “Effective Date”), Ideanomics, Inc. (the “Lender” or “Company”) and Via Motors International, Inc. (the “Borrower”) entered into an amendment (the “Amendment No. 10”) to the Secured Convertible Promissory Note dated August 30, 2021, as amended (the “Secured Convertible Promissory Note”). Under the Amendment No. 10, the Borrower agreed to borrow, and the Lender agreed to advance, an additional amount of US$600,000 on the terms and conditions set forth in the Secured Convertible Promissory Note. Pursuant to the Amendment No. 10, the principal sum payable under the Secured Convertible Promissory Note shall be US$59,818,111 and simple interest on US$600,000 shall accrue from the Effective Date, till the maturity date at the rate of 4% per annum.
Any amounts advanced pursuant to the Amendment No. 10 shall be deducted from the purchase price contemplated by that that certain Agreement and Plan of Merger dated August 30, 2021, as amended.
Very surprised this has believers
There's no way I see this getting to 2$ or 5$ without a reverse split just look at the shade structure. Horrid and delusional I think to think it will
Keep dreaming but this is a nightmare
No way to hold nasdaq without a reverse split imo
Moved quickly from $5 to 4 cents. Stuck holders are trapped
What was all the idex hype for? Nothing!!
Ssshhh
Don't believe the hype here. Folks believed at 5 dollars and got burried.
Idex is a dud so take what you can imo
Lots of folks bagged here selling it to others and won't just move on
I can't see how this is still maintained nasdaq at 2 cents to 4 cents
So are you thinking RS incoming? It that makes you feel better go for it