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tigerpac

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tigerpac

Re: TenKay post# 69538

Thursday, 12/28/2023 11:42:38 PM

Thursday, December 28, 2023 11:42:38 PM

Post# of 71016
The company is obviously counting on the spacing of the annual and quarterly reports.

The 10-K (thru 12/31/23) will only show amount of all vehicles invoiced. But you won’t know that until Mar/Apr 2024 filing. Conveniently, vehicles will likely not be delivered until after 1/1/24 and therefore payment would not be recorded until Q1 10-Q in May 2024. Even IF vehicles delivered by end of 2023, company could claim payment not received until 2024.

So this essentially buys the company five months before public filings show what really happened with the RMA deliveries at the end of this year.

Unless someone monitors the parking lots of RMA, it will be anybody’s guess as what happened to the vehicles imo.
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