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karmakaziXpert

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karmakaziXpert

Re: None

Friday, 07/14/2023 9:56:05 AM

Friday, July 14, 2023 9:56:05 AM

Post# of 82470
co. trying to borrow 12X its market cap. lol

soon to 15X to 20X.

Wonder what the loan to value looked like with the insurance wrap due diligence...along with 6k of monthly revenue and losses running at more than 5X the revenue as SPPs parent company financials.

Maybe. it was that magical LOI for 750MW of solar panels. LOI didn't seem to hold water now at 404 days since the company started promoting, "working on the last piece for funding", with its tweet on June 6, 2022.

Now, looking like another 3 years, to get those 750MW (LOI) of solar panels produced, from its announcement date in November 2022. lol. Makes so much sense with a customer signing an LOI for 750MW of solar panels to be produced..... who knows when (if ever)?

just my opinion

good luck
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