I agree that the potential is there by growing revenue. I just hope that they're not impatient and try doing it with one or more reverse splits. I also think that there should be no embarrassment if they worked first on reaching $1 and going on the AMEX, then building to over $4 and moving to the Nasdaq. Once we get financials for a quarter or two, especially if we gain some battery contracts in that time, the share price could easily reach the $1+ range. Let's hope that on Monday the merger is considered as happening so the second quarter will be a complete quarter for the company including all parts of the company. I would expect a PR would be issued if this happens, but it could actually have filings made that day, but not announced until everything was accepted, if that's not already the case.
I was just reading about anticipated changes in the 2025 Mustang Mach e, which I seriously am considering. They're still not clear if they're upgrading the battery, which I had been told the were to the one that's faster charging, and can routinely be charged to 100% without damage, because of the ferric compound added to the battery. I know that'll have the Tesla plug and have Tesla chargers authorized for charging, but I really want the faster charging battery. I might even choose not to take the extended range battery if the standard battery has the better technology, which I believe it has today. I really liked the Genesis GV70 electric, but the front plug won't work in my garage because of an overhanging shelf, and I also want something with hands free capability on the highways. Most cars will have it in time, but right now it's Tesla, Ford, and GM products to my knowledge. I know the others have adaptive cruise control, but it's not the same.
It would be great if by the time I'm buying the investment I've made here would more than pay for it, at $1 a share without a R/S it would a few times over.
Gary
