This company is a complete scam
First it’s over the counter. They have to do very little to get listed. This is not a red flag in itself but the risk goes up. Second, this company has zero and I mean zero information on their bike other than words that describe that it will be an electric version in the likeness of some previous bike. No information has been given to indicate very basic high level specs like what’s the range? How does it get charged? How fast does it go? Etc. they claim in one of their PRs that this information is to be kept on the down low and will be disclosed at a later date but answers to these basic questions is not something they need to keep quiet for trade secrets reasons. What a bunch of BS. Additionally, the ceo is stated to have a bronze star, that’s an award that cannot be easily verified unless you have personal information. There are sites where you can look up bronze star recipients but they are not in simple list form making searching for a specific name too tedious and they aren’t complete.
The pictures on the website are way too basic and there is a chance those pictures of the ceo are completely fake. Who is Randell Torno really? Has anyone seen him give a single interview? And that recent interview did not come from a reputable site and was very likely a made up transcript - it read like a non-English speaking scammer was trying to sound like that’s how people really talk.
The revolt token is completely bogus...a digital coin that has no market for any exchange- tell you what, give me your money and I’ll print you out a certificate that says you own X shares of my company and the certificate will say your shares are worth $100 a piece to make you feel good. Those pictures of the revolt token team in Argentina are hilarious. Like that should give someone enough confidence - apparently it does but only for idiots.
And lastly, can someone tell me how someone in Africa that wants to give people rides in the African boda-boda market that doesn’t even have two nickels to rub together can afford a 12,500 bike? Or what person that could actually afford one is going to move to one of the highly sought after luxurious locations in Africa where people are at constant war with each other and face oppression and face numerous deathly diseases on a daily basis - all so that they can become a boda-boda driver and give people rides on their brand new $12,500 revolt motorcycle? And have you asked yourself how much tesla initially charges their customers to make orders before getting a new Tesla delivered? I’ll tell you this much- it’s not 50% of the cost of the vehicle.
I’m glad some of you are making money now and if you know this company is a scam but still are trading anyhow, well at least you know. But if you’re going all in and expecting early retirement- whoops, you are going to be in for a big surprise. And I guess the only good thing that might come out of this company is that it is a scam run by opportunistic Africans who have faced starvation and oppression their entire lives and are finally making money off ignorant people in developed countries. But I doubt it, probably just another privileged set of white guys getting richer without having to be held accountable, using the hope of helping oppressed Africans as their fire sale.
