I've seen this coming for over a year now, which does not mean this isn't a terrible loss because it is. I had invested aggressively into Lordstown when Steve Burns stated they had 100k firm pre-orders and would go into production in September 2021 feeling that it would not be possible for the CEO of the company to make such bold and direct statements if they weren't true.
This loss has quite literally changed the financial direction of my life, all for wanting to support a company promoting Made in America and attempting to position itself to bring real skilled jobs back to the Heartland.
I can't believe I got taken by a carnival barker like Steve Burns, and apparently unless I decide to sue him personally which frankly I would not have the financial wherewithal to do for long (meaning I would lose the case because I cannot possibly sustain the legal fees long enough to see it through to Trial) I now need to figure out how to contend with my losses as the SEC does not appear concerned with holding him to account.
Not a happy day.
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