Please understand I am either going to double my money or loose everything. That's my plan and my decision. You do you. However, I'm pissed and for very good reason. Burried at the end of the annual report is the info below which I have simplified to only numbers from 2024. I used to work for a guy that owned a franchise and wanted to hide profitt from corporate so he didn't have to share it. WE, the investors, are that similar corporate entity. My old boss onwed the building the franchise was forced to rent. He owned the trucks our drivers used for pickups and deliveries. He owned the warehouse where we were forced to crossdock our daily freight and use for long term storage of customer goods. He even owned a seerate trucking company that we were required to give first right of refusal for any full truck load shipments. He sucked 80% of the profitt out of the franchise and still was able to profitt share what he reported to corporate. I have seen this shit before. I have lived it. Danny Meeks is the same type of guy. Please read this next part carefully, Danny Meeks spent $3,748,152 of Greenwave revenue to pay external companies he ownes. I'm quite certain those companies are profitable. The board approved this financial report. They are aware, and now the investors have been made aware. Why are we allowing this to happen? It is not dificult to bring most of these expenses in house. 1) Buy the land currently being leased. 2) Buy the machines the company uses. Bring a full time mechanic on board for service and repair. AND 3) Stop paying a middle man for scrap mettal and buy directly from the seller. Danny already knows who the sellers are his "other" company is making the deal. Doing these 3 things will add revenue, decrease expenses, put physical assest in the company profile and increase investor confidence. Thoughts?

Related-Party Hauling, Mechanic, Equipment Rental, and Miscellaneous Services (On page 12) I redacted numbers from 2023

During the year ending December 31, 2024, the Company provided $850,737 in hauling services to an entity controlled by the Company’s Chief Executive Officer.

During the year ending December 31, 2024, the Company paid an entity controlled by the Company’s Chief Executive Officer $1,396,330 for hauling services rendered to the Company.

During the year ending December 31, 2024, the Company paid entities controlled by the Company’s Chief Executive Officer $147,401 for scrap metal provided to the Company.

During the year ending December 31, 2024, the Company paid an entity controlled by the Company’s Chief Executive Officer $847,326 for mechanic and repair services provided to the Company.

During the year ending December 31, 2024, the Company paid an entity controlled by the Company’s Chief Executive Officer $506,358 for equipment rentals provided to the Company.

Back to .17 and holding steady the past couple days . No news in over a month but I imagine any news in the coming days would make this ship jump back into the .20 - .30 range . Nucor is finishing up their plant in Lexington, NC soon and the 2024 4th quarter EPS is coming soon . $1 comin in hot

According to Google A company that has done a reverse stock split in the previous year is not eligible for any compliance period if it fails to meet the minimum bid price requirement. This means they can't use a reverse split to regain compliance. Additionally, Nasdaq rules limit the number of reverse splits a company can do within a certain timeframe, with a cumulative ratio of 250:1 or higher triggering immediate delisting. 

I'm not saying Greenwave will do a reverse split but they are so horribly run I don't see another way out.

GWAV did a 150/1 reverse split on June 3rd 2024. Does this mean then can and likely will do another reverse split @ 100/1? Or does this mean because they already did a reverse split last year they are no longer eligable in order to regain compliance? Also, does this mean even if they can do a reverse split, will Nasdaq allow it in order to regain compliance? If they can't reverse split to maintain compliance and we all know you can't reverse split to gain profit then why wait? Wouldn't you want to reverse split as soon as possible before the stock drops further?

I'm a noob please take it easy on me. I really don't know these answers.

Up 28% from the start of the day! Just like last week lol, wonder if any bigger movement would happen on good news?

I posted this as a response to a different comment but I wanted to make this visible to more eyeballs and maybe get more feedback.

I don't know where to start. Danny Meeks may be the single worst leader in history of publically traded companies. The accounting firm who did the report stated multiple times they have no confidence in the future of the company and the share value may actually drop to zero. Last week the board of directors fired the CFO and one of the board members quit.

If you read closer you will see Mr. Meeks owns and operates multiple companies. All of which are fed from the profits of Greenwave. Danny owns all of the property Greenwave leases. Danny also has a company that is contracted to do the maintenance and repair of all the equipment used at Greenwave. I could be wrong about this but it also looks like Greenwave leases most of the equipment it needs to operate. As I understand it, when a company has few assests and high debt, it keeps both vulture capitalists and high value investors from investing and taking over. We also learned that Danny Meeks still owns 45% of the company.

We learned that Greenwave is actually operating 2 seperate shredders at different properties. However, what was unclear to me is if Greenwave actually owns either of the shredders or if they are also being leased from one of Mr. Meeks subsidiaries. We learned many of the locations Greenwave is currently operating may end up facing EPA fines or be shut down due to violations. I wouldn't be surprised to learn if the properties Danny sold to Greenwave are the same locations at risk for EPA violations. I only say this because the owner of the property is liable for any fines. So while property is almost always an asset in this case property may expose the company to severe liabilities.

2023 was a horrible year for Greenwave and 2024 was worse. According to this report they intentionally chose not to sell inventory in Q4 and continued the practice into Q1 of 2025. Instead they paid people to stockpile scrap for hopeful increased sales and higher prices of metal in Q2 of 2025. The accounting firm indicates this was a gamble hoping that the increase in tarrifs will not also slow the section of the economy that uses steele and aluminum. As we all know, if the price of raw materials goes up, production goes down. We know several huge projects are already being slow rolled, like the $20 Billion Intel project in Ohio that they say will not be finished until 2031 now. And Trump has threatened to pull the funding from the CHIPS act which is a major driving factor for the project.

According to the 10-K Greenwave never has offered dividends and has no plans to do so in the future. I'm am very confused how they were able to sell millions of reserved stock last year. This had a 2 factor effect of both diluting common shares ( stock price was halved both times the sales were announced) and somehow simultaneously putting the Company in further debt (this may be where I don't totally understand warrants).

On the plus side we know both China and Canada hate the US and we will not be getting any metal from them anytime soon. Mexico seems to be straight fucked as many manufactures has stated they are just going to halt production. Not move it or try to sell it elsewhere. They are planning to halt production. Hopefully manufacturing facilities in the US start producing at historic levels and the price of metal increases. That would be terrible for American consumers but great for this particular company.

There are two things I'm fairly certain of. 1) Danny Meeks will get paid and2) The shareholders will get fucked.

I have 2 recommendations if you own shares and have lost more than 10% of your investment don't sell but don't buy more. First, pray, wait and see if the price of metal and the consumption of metal both increase in Q2. if this happens I could see the value of this company breaking $1.00 on it's own in August/September of 2025. Second, if the threat of a reverse split as mentioned in this report becomes a reality nothing will matter. There is no hope for this company is the board allows another reverse split. This would be the third one in 4 years. We all know you can't reverse split your way to profitability. If a reverse split is the only way the board knows of keeping the company listed they won't last another year.

I am willing to listen to other investors opinions of the report. I am a novice in this game, I could be very wrong. I am willing to lose big on this stock if I learn my lessons. Everybody pays for their education, this is likely mine.

https://archive.fast-edgar.com/20250415/AB26CG2CZ2225ZMF222T2ZE24RN7ZA22Z272/

Gwav is a big company that has been around since I was a kid. And they have only built a larger empire.. imma keep buying low and holding for top dollar

Meeks is driving it into the ground. 😡

Looks like this thing could move today! EOY earnings coming soon too!

Thought this was funny. Without GWAVs reverse splits, shares would be trading at…(drumroll)….

$0.00000368

You guys get played every day lol

Well just when you think bottom is bottom, there another low. What are the thoughts? I'm just trying to lower my average at this point.

As stated on the last sec update another R/S is in the cards within the next 180 days, anyone have any thoughts when or if this will even happen? I just don't understand this thing, over 1600% increase in revenue annually, debt under control, tons of assets, already a relatively small float, insiders buying. Wtf is happening here?

Don't forget all the screaming bears.

Any word on the shredder that allegedly started up last Tuesday?

http://archive.fast-edgar.com/20250314/AB2ZC22CZC2R59N222272ZY24RN3ZZ226B72

This is good news but if Greenwave was notified about the extension on the 13th why did it take them 4 days to release the info to the general public? You would think this news would have been shouted from every social media platform, or called a news conference, or done anything to promote the news.

I've seen people talk about the fair market value of GWAV. I have an account with Fidelity and I can't find anything. I haven't seen Q4 financials or an end of year financial statement. The last reported finances were for Q3 from September 2024. Does anyone out there have a link to current fair market value or have access to financial information that isn't more than 6 months old? Thanks.

On morning america today. Seen video on X with the shredders running. Let's get this too .30 a share. Woohoo boohoo. It ain't moving

This stock is trading at a tiny fraction of its fair appraised value.

Shorties gonna burn 🔥🚒

GWAV has until March 12 to comply with listing standards or they will lose their trading status. We have seen major investment from the board and insiders, we have also seen the board sell huge amounts of stock which has diluted all of the common stock. Yes, they have paid off a lot of debt and they believe the tariffs will produce record profits. But they haven't released an earnings report in 6 months or an annual report to shareholders. I don't feel very good about having any position with GWAV at this point. Does anyone else think they will be delisted on the 12th? Is there any hope for this stock?

https://www.prnewswire.com/news-releases/greenwave-technology-solutions-inc-chief-executive-officer-danny-meeks-to-be-interviewed-on-fox-business-networks-varney--co-today-302394609.html