Worksport Ltd (WKSP)

[Ambro24]

I think in 2021 a lot of companies saw the stimulus money being dumped into the market and wanted to take advantage. A lot of companies wanted to take advantage. Rossi used the (opportunity) to hype a product that was in it's infancy (Solis and Cor). Investers of course thought WKSP was much further along with Solis and Cor and standard cover sales as well (2019 had looked promising). People threw money at WKSP. Rossi then conducted uplist / R/S that screwed shareholders out of about 28 million dollars (40%+ evaporated and the SP has never recovered). Our partners Hercules and Atlis also evaporated. Either pathitic judgement or nefarious actions took place.

The good news. Worksport has a large (functional) factory. Hard and soft covers are being produced (which I think was the real goal). Revenues are still bad but showing improvement. Cor and Solis always looked like a college project to me put together by amatuers. If Solis and Cor are ever developed there will be a market for them. The heat pump is a bonus to me that I assume wont do much but if it does great.