Arrival ARVL
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If management does the same debt to equity swap with additional cash infusion for the remaking debt it will be good for the stock holders going forward
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Another option. Just keep 50 key employees, close all manufacturing operations. Just license the technology to major manufacturers and get royalties and profit sharing.
The only reason this company failed is due to Dennis’s lack of common sense, auto business, manufacturing as well as real world experience.
Made easy money in the past. Does not understand the value of money and how to have a realistic business plan and execute. There are companies like Green power who with 20 million in working capital are success fully making commercial electric vehicles.
If this retarded Dennis sells all his 300million plus shares to any major automaker, this stock will move to $5 immediately
How much are the patents and the proprietary technology worth?
Earnings release date 2/28/23?
Dennis is the most disgusting Russian fraud living in UK, with fraudulent immigration and citizenship, by scamming UK idiots as he not a part of Putins soldier, you came to UK and frauded all of us and wasted them. UK is now a worthless third world country, the people will now starve to death because of fraudulent Russian immigrants who are robbing uk with fraudulent companies who are criminals bringing in Russians in to UK using worthless companies like ARVL. ARVL is a company legally bringing spies in to UK, not everyone they bring in this a spy but some of them. Dennis the chairman of the broad is and he is part of the RCP. Dennis should sell all his shares in ARVL and take his wife his kids and his mistress and go back to Russia. If and When that happens this stock will be at $100.
Dennis the Russian guy is now chairman of the board and he is unlucky. He should sell his stock, resign and get the f out of this company for every one’s sake
Good chance that Dennis will sell 80 to 90% of his 350 million shares of ARVL. Only after that this company will get financing either from the buyer or outside parties. Unless Dennis sells his stock, loses control of this company and leaves the company, this company will be bankrupt in less than six months.