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Re: dss19552002 post# 7705

Wednesday, 02/14/2024 12:59:46 PM

Wednesday, February 14, 2024 12:59:46 PM

Post# of 8651
LMC couldn't pull it together with an enormous SPAC funding, why would SG think that a company that sold all of the rights and IP to Burns could ever be a viable company. I'm glad that someone has brought litigation against Burns. Seems almost criminal, especially if Burns is somehow back in control of RIDEQ as well.Burns should have paid $200mil +. That deal allows Burns to get more SPAC(MOB) funding and burn and get
rid of burdenous shareholders. They never should have let Burns pick out what he wanted and leave what he didn't want for the bagholders. Anyone who can't see this is either getting paid or is just another future bagholder. With Lcid at only about 2.5 × the price, which would you pick. Lucid breaks records Rideq breaks banks as it has failed at every milestone. I was told by someone who plows snow, that inhub motors would be great for plowing. Only problem ev vehicles use way more range under heavy load. Jeez it only lasted 40miles at the BAJA. OPPS add to that that your batteries don't charge and have even less range. So when everybody needs their plowing done you might get 20 miles to a charge. This venture has failed, their truck is failed technology, just as everybody is starting to realize about all EV Vehicles a failed folly. Oh but I just got a Macwheel lne-26 electric bicycle and I feel like a kid again. EV assisted bicycles probably one of the greatest inventions ever. If your over 60 and you survive the first 3 minutes your good to go. Take any funds to be squandered on this and get one of those you only live once. What we need is pedal assisted ev cars then we could be like the Flintones.