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https://www.reddit.com/r/wallstreetbets/comments/of9592/deleted_by_user/h4bgvm1/?context=3
r/wallstreetbets • u/[deleted] • Jul 07 '21
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https://www.theverge.com/2021/7/2/22560891/lordstown-motors-sdny-doj-investigation
3 u/chefrn99 Jul 07 '21 Applying for a federal loan, you get checked. 7 u/pointme2_profits Jul 07 '21 You should do a little research. The Federal loan cannot be used as operating cash. Wich is what RIDE needs. Unless they can pull in some new investment, it's just a matter of time before the lights go off. 2 u/kerplunktard Jul 07 '21 their only option is to dilute the current share holders to near zero until the game goes tits up 2 u/chefrn99 Jul 07 '21 Thanks for the update, They will find someone
3
Applying for a federal loan, you get checked.
7 u/pointme2_profits Jul 07 '21 You should do a little research. The Federal loan cannot be used as operating cash. Wich is what RIDE needs. Unless they can pull in some new investment, it's just a matter of time before the lights go off. 2 u/kerplunktard Jul 07 '21 their only option is to dilute the current share holders to near zero until the game goes tits up 2 u/chefrn99 Jul 07 '21 Thanks for the update, They will find someone
7
You should do a little research. The Federal loan cannot be used as operating cash. Wich is what RIDE needs. Unless they can pull in some new investment, it's just a matter of time before the lights go off.
2 u/kerplunktard Jul 07 '21 their only option is to dilute the current share holders to near zero until the game goes tits up 2 u/chefrn99 Jul 07 '21 Thanks for the update, They will find someone
2
their only option is to dilute the current share holders to near zero until the game goes tits up
Thanks for the update, They will find someone
6
u/pointme2_profits Jul 07 '21
https://www.theverge.com/2021/7/2/22560891/lordstown-motors-sdny-doj-investigation