Saturday, April 15, 2023 12:57:38 PM
As for Remo also being involved with CityFreighter and BYOC investing in CF, you have to think that there was some plan involving all of them. But it has likely been thrown amiss or at least delayed by this lawsuit. CityFreighter is raising additional funding over on Wefunder and moving forward with its own business. I focus a lot on electrification so I'm personally investing in them separately as well and see this as a directive trade, and possibly a good way to double up. A CF investment might be longer term but could be worth it. Granted both are still fairly speculative. Success by CF is very good for BYOC, it could also be enormous given the low valuation of CF at the time of BYOC's investment. But Remo and Electric Built have their own business to run and must have a plan they think they can execute with BYOC, or he would have walked away. They can pave their own way to success and value. We just have to be patient and wait just to know how they plan to do so. By the time we know, it will already be in motion. So, lets hope for a resolution of this lawsuit in the next month. If so, by the end of the year, this might be a very different story. Otherwise you can trade the fractions, but it wont matter a lot and might be more frustrating than anything.
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