MBAK Energy Solutions Inc (MBAK)

[BTCDreamer]

You pose very appropriate questions and ones which have been on my mind for sometime. For a company that is supposed to be delivering a product in July we know absolutely nothing about the company or the product or the location where it will be made or sold. Do they even have a factory for crying out loud?

Aside from that phantom video of somebody operating and allegedly electric motorbike that was released months ago there’s really nothing from this company. Who are their business partners? Do they have a canyon business license? Do they have a charging system set up? Have they been training bike riders? These are valid questions and lead me to further question whether or not this company really has it’s act together.

The boda boda system in East Africa is dominated by Chinese motorbikes and for an upstart electric vehicle bike to come in without an on the ground presents seems so unrealistic to me.