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I could be wrong, but I think the

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Electra Meccanica Appoints Auto Industry Executive Paul Rivera as New Chief Executive Officer GlobeNewswire Inc. - 6/20/2019 4:05:00 PM
Small Company Offering and Sale of Securities Without Registration (d) Edgar (US Regulatory) - 6/19/2019 2:19:48 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 5/28/2019 2:23:53 PM
Electra Meccanica Announces 2019 Annual General Meeting of Shareholders GlobeNewswire Inc. - 5/28/2019 8:31:00 AM
Small Company Offering and Sale of Securities Without Registration (d) Edgar (US Regulatory) - 5/28/2019 6:04:31 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 5/24/2019 6:03:08 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 5/23/2019 5:24:35 PM
Electra Meccanica to Attend Upcoming Investor Conferences in June GlobeNewswire Inc. - 5/23/2019 8:31:00 AM
Small Company Offering and Sale of Securities Without Registration (d) Edgar (US Regulatory) - 5/22/2019 1:26:31 PM
Small Company Offering and Sale of Securities Without Registration (d) Edgar (US Regulatory) - 5/22/2019 1:17:13 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 5/21/2019 3:58:11 PM
Electra Meccanica Obtains $2,500 Consumer Rebate Designation from the Oregon Clean Vehicle Rebate Program GlobeNewswire Inc. - 5/20/2019 8:31:00 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 5/8/2019 6:34:37 AM
Electra Meccanica Reports First Quarter 2019 Financial Results GlobeNewswire Inc. - 5/7/2019 4:30:00 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 5/7/2019 4:10:44 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 5/7/2019 6:07:41 AM
Electra Meccanica Obtains Vehicle Consumer Rebate Designation From California Air Resources Board (CARB) GlobeNewswire Inc. - 5/6/2019 8:31:00 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 4/30/2019 6:10:27 AM
Electra Meccanica Granted Patent in China for Proprietary Battery Cartridge Design GlobeNewswire Inc. - 4/29/2019 8:31:00 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 4/18/2019 2:29:27 PM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 4/16/2019 3:29:22 PM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 4/15/2019 6:05:42 AM
Electra Meccanica to Showcase SOLO Electric Vehicle at Advanced Clean Transportation EXPO in Long Beach, California on April ... GlobeNewswire Inc. - 4/12/2019 8:31:00 AM
Consolidated Research: 2019 Summary Expectations for Splunk, Lexicon Pharmaceuticals, Cognizant Technology Solutions, QAD, Wa... GlobeNewswire Inc. - 4/10/2019 8:45:00 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 4/2/2019 12:47:54 PM
dcvancity   Wednesday, 03/27/19 04:13:04 PM
Re: SpotOnTrade post# 738
Post # of 787 
I could be wrong, but I think the reverse split, or "stock consolidation" as they called it, was done to get the stock to a point that made it attractive for the Nasdaq listing.

The dilution will be ongoing.

They are burning a ton of cash and not making any material sales.

But hey, no debt.

Not sure the NO DEBT, is a good thing.

If the story is so good, is the investor better off being diluted as the company raises money, or if the company pays interest?

Interest rates are low.

The one down side to debt is the potential of foreclosure I guess.
Management cant grant themselves a heap of options and get control back if the bank forecloses.
Damn those bankers with their covenants!!


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