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TenKay

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TenKay

Re: SirCharge post# 66850

Sunday, 10/08/2023 4:07:41 PM

Sunday, October 08, 2023 4:07:41 PM

Post# of 71413
They are making 20% gross margin on their sales as evidenced in the last financials.

That is about $6k-$12K per vehicle.

The company SG&A is running at around $14 million per month.

That means they need to get to a production level of 1500 to 2000 vehicles a month…

…TO BREAK EVEN.

They are so far from that…it’s doubtful they would EVER get there.

So stop with the BS.

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?

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