Usually a merger requires the company merging to investigate at least a decade of the other company’s fins, concurrent debt and even some interest in that niche. There is absolutely no benefit to do so here. To add this has a horrible share structure, float, piles of notes/debt, and niche that the competition has already swallowed up across the US. The competition is producing revs and sales well over $100 mil. SVTE is no where close. But look, Cashscam and co. like how the company operates. They’re content with this. As long as the public vehicle component continues to drive in and scam investors to fund their salaries, expenses, rendezvous, then that’s all they need to keep afloat.
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