Microvision Inc (MVIS)

[ElleDe]

"Microvision’s primary source of income was to use its listing on Nasdaq to print money in the form of stock. To date, Microvision has total shareholder losses of almost $600M.... It seemed that every time the company was on death’s door every year to two), Microvision would announce a new business deal. The deal was described cryptically to make it seem like a big deal. These announcements were followed by printing more stock. When the deal when south, it usually just quietly went away, and Microvision stopped talking about it. The pattern repeated so many times"

Quoted from this blog/article: https://www.kguttag.com/2020/05/05/microvision-worth-more-dead-than-alive-stock-jumps-147-in-a-day/