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Re: I-Glow post# 70130

Monday, 01/22/2024 12:53:56 PM

Monday, January 22, 2024 12:53:56 PM

Post# of 71211
It’s not. RMA was originally the dealer for ELMS, long before Michery came along. When MULN bought the ELMS assets, Michery got RMA back on board. The question is what are they getting in return? Those vehicles are going to take up real estate and that costs money. It will be buried in the financials somewhere.

It will be interesting to see the table in the next Q that they included in the K. How many vehicles delivered, how much “invoiced”, how much “revenue” and how much “paid”? RMA are certainly in on the deception.

Those things are not selling as fast (or at all) as he is making it out to be.

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