Electrameccanica Vehicles Corp (SOLO)

[dcvancity]

Just for funs sake, here’s a quick article about the demise of the last public company Jerry Kroll was involved with. Though he wasn’t around at the end, they’d already allegedly booted him out.

https://equity.guru/2016/08/04/ever-get-the-feeling-youve-been-cheated/

I got a sense of déjà vu reading it, especially with sentences like:

“every quarter, the company would lose $3.2 million and then go get financing of $3.2 million, and that this would repeat every quarter. There was no question about it – anyone could see right there in their newsflow that this was the situation, but they had a pilot program with Ikea, so misty clouds of unicorn farts seemed to obscure the vision of investors who kept thinking, ‘this quarter for sure!’”

ROTFL