InvestorsHub Logo
Followers 27
Posts 11315
Boards Moderated 1
Alias Born 10/06/2011

Re: Saving Grace post# 8234

Saturday, 04/20/2024 6:54:12 PM

Saturday, April 20, 2024 6:54:12 PM

Post# of 8285
The fate of Fisker has nothing to do with NoRide. NoRide is no longer an EV manufacturer. In reality, it is a set of books with significant NOLs recorded in them. Those NOLs are NoRide’s main asset.

The BoD is looking to parlay those NOLs into something that will return value to NoRide shareholders and assuage their losses due to the bankruptcy.

I'm here for the entertainment and to entertain. I'm certainly not here to give financial advice and anyone who thinks otherwise is a fool.