Some dd I did last night. Make your own decision.
This new ceo’s number has an extremely unprofessional vm. You should call it. Its pretty funny. Its listed on the otc website. That was enough for me to cut my losses. But then other things didn't sit well with me.
This guy has not replied to 1 poster on twitter. Just his pumps tweets.
The judgement settlement-they blatantly state they can finally sell shares now. Its in the PR.
The previous ceo is still affiliated with gegi(she answered an email just yesterday)and is ceo of qedn.
Gegi was an unsuccessful Columbian dogfood company a few months ago to some autonomous bs that is vague with an inexperienced new ceo with no college(go to linked in).
Website -vague with no phone number. Click on IR section-totally unprofessional. No one knows wtf this company does.
The background of the new hire is not really as impressive as it is written up. He was last vp of a $14 million box truck company and before that was terminated from a Safety Director position and then sued Canoo in oct 2021 for racial discrimination right after. (Google it). He is also apparently a big fan of the power rangers and listed a green power ranger costume for sale online for $4000. I am not judging just painting a picture. Go go Power Rangers if thats your thing. I personally like the batman begins costume. Lol. But this is their guy that is going to change the game as they cant afford to hire multiple experienced advisors per the pr.
He claims the reason 10Q is late is due to ownership changes which is just him. Yet the late filing clearly states due to covid. Now they are past even the grace period with the late filing. So yes, in theory, this could be on the expert market any day. Not saying it will be.
So basically the company is this ceo with no higher education and a new strategic advisor, both with no experience making cars drive themselves. Not to mention that this was a columbian dog food company recently. How do you go from that to getting ready to being a disruptor of the autonomous market? This looks like a complete scam. Not to mention those 89 million restricted shares hitting the Float.
Here is the positive. If they drop the filing to go pink current, it should run. But so far, this was 2 day p/d.
This post is not meant to bash. Its solid dd I did and legit concerns. I encourage any investor here to go verify everything I posted and not take my word for it. . It just reminds me of siml. And I was taken for a boatload there.
