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santafe2

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Re: DewDiligence post# 28250

Tuesday, 06/27/2023 11:56:33 AM

Tuesday, June 27, 2023 11:56:33 AM

Post# of 29427
It appears Chapter 11 is the best way for them to exit a non-performing partnership and recoup some losses. As one might expect with a poorly run, failed business, RIDE is under SEC investigation and being sued by shareholders and another partner, Karma Automotive. Maybe Jack Smith wants to dive into this one as well to untangle something close to the truth..:).

The stock market is a device for transferring money from the impatient to the patient. - WB

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