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Technology Stocks : Fisker Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Sultan who wrote (179)	1/24/2024 6:16:25 PM
From: Fisker	Read Replies (1) \| Respond to of 202

We appreciate your interest in Fisker and thought we'd jump in here to talk a little more about the latest developments. We're excited about the Dealer Partnership program, which is a deliberate move we believe suits the needs of the company and its investors. We've heard from 100+ dealers who have expressed interest and we're hosting more for our dealer event at Fisker HQ next week. Right after that we're headed to the National Automobile Dealers Association (NADA) show where you can expect to catch Henrik's presentation on livestream. We've also recently opened up the option to pursue other potential partnerships, including in areas such as OEMs, by amending senior convertible notes related to liens on intellectual property, and we've reduced debt by $185.5M through converting notes to equity which frees up a huge chunk of operating capital. Thank you for your time and hope this sheds some light onto how we see the situation!

To: Sultan who wrote (179)	1/25/2024 8:55:14 AM
From: The Ox	Read Replies (1) \| Respond to of 202

I would be surprised if there's a lot more news filtering out before they release their earnings report. Maybe news of the "promotion" type but, to me, the real news will be in their financials. What did the dilution look like? How solid of a foundation has been laid over the past 4 months? Is the stock worth anything like the 80 cents a share seen today? I'm not too worried about forecasting, as I'm sure many are, but where are they now? With the past year a disaster, as can be seen by the stock price falling from the mid 7s, what can they show in their P+L and balance sheet to explain how they've adjusted their "vision" to the practicality needed to be a " good stock" or are they simply a marketing gimmick? Even if this is a great product, show the world how they are, or will become a reasonable investment. Not hope and dreams, but bottom line efficiency. On the surface, the product looks amazing. What about the business? The amount of money that should be passing through their hands should allow them to navigate upwards from the current depths. But can they, or more to the point, will they? Stating the obvious, there's a reason why nearly 50% of the stock is shorted. I wish you luck with your investment and it could be very fruitful. Fingers crossed!