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Monday, December 05, 2022 3:03:45 PM
When it comes to why Eletric Built and Remo Weber would want to wait for a lawsuit to settle in order for $BYOC to aquire them. It could be as simple as he hasn't had anyone else offer him a million bucks, for his company that has no real sales or manufacturing plant, he basically has a somewhat proven prototype vehicle. When it comes to capital I would have to believe it would come from Discover and John Kirkland who's had interest in entering the EV market. Remember Discover has made it largest Toxic loan return now on $CEI over $100 million.
I trade probabilities of a stock moving in the direction I expect it to, and try to never look at what the company spews out and it's long term direction and goals.
At some point this lawsuit will end and I have to believe it will be done by early March at the latest, it could be settled earlier for all we know. Everyone wants it tonend including the judge. At that point I believe we most likely see a 8k filing with a completed merger and then the pps will again start its move out of trips. Fingers crossed here just like everyone else. GL
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