Carvana: New Information Reveals that BridgeCrest is the lienholder - $CVNA must explain How and How Much
link to our new report:
https://t.co/JPz3sYa59T
Carvana: Bridgecrest and the Undisclosed Transactions and Debts
- Last year: both @HindenburgRes and @RealJimChanos lamented at the limited
transparency into $CVNA related parties, DriveTime and Bridgecrest.
- Last week: $CVNA refused to release financial details about DriveTime in a closely watched lawsuit against Carvana and its executives, alleging they carried out a fraudulent “pump and dump scheme”
- TODAY: We are releasing the DriveTime 2024 Annual Report and the GoFI LLC Annual Report we obtained via Freedom of Information Act request, along with our report.
for our full report, DriveTime's 2024 Annual Report, and GoFi LLC Annual Report
visit here: https://t.co/OhCijj2EzG
Spain either hates short sellers or wants you to get up earlier in the morning
Is the Gotham City case market abuse or abuse of process?
Link: https://t.co/o7mPtFNIZT
7-month-old girl Kaori Patterson-Moore was tragically killed by a stray bullet while sitting in her stroller in Brooklyn, New York, a few days ago.
RIP Kaori Patterson-Moore.
Please help the suffering family of baby Kaori on this Good Friday, here:
https://t.co/RL5EVtXjJz
7-month-old girl Kaori Patterson-Moore was tragically killed by a stray bullet while sitting in her stroller in Brooklyn, New York, a few days ago.
RIP Kaori Patterson-Moore.
Please help the suffering family of baby Kaori on this Good Friday, here:
https://t.co/RL5EVtXjJz
Grifols faces a hearing after two plasma donors died. Paid donation centers often target poor people with risky, frequent sessions that hurt health. Tragic cases like this happen, but the company supplies drugs that save thousands from immune diseases. Politician hearings are mostly theater. More rules could spark shortages and kill far more patients.
Spanish drugmaker Grifols will address a parliamentary hearing in Canada, following the recent death of two patients who had made blood plasma donations https://t.co/izSQoDD6Xb
$CVNA says it doesn’t sell loans directly to DriveTime.
The right question is: does $CVNA sell loans to middlemen who then sell to DriveTime?
Because we have irrefutable evidence that $CVNA-tied loans are held by DriveTime (see below 👇)
Carvana: New Information Reveals that BridgeCrest is the lienholder - $CVNA must explain How and How Much
link to our new report:
https://t.co/JPz3sYa59T
$CVNA sells cars without title, and issues temporary plates to customers from other states, while awaiting vehicle/title registration. This explains why there are chronic mismatches between the Obligor State field within ABS filings and title record state in https://t.co/vp2nFCC1Ar or VinAudit. https://t.co/cDLc80BUwD
After we released our first report, $CVNA evidently sent an email to selective recipients. $CVNA should address the issues raised in our reports publicly for all, not just to selective recipients. We believe this, and the below, are concerning behaviors:
https://t.co/i7HCwOqWAW
$CVNA narrowly claims it hasn’t sold loans directly to DriveTime in many years, yet CVNA loans end up in DriveTime/Bridgecrest’s hands. How? Though the exact mechanism remains unexplained, what’s evident is: Carvana’s Gain on Loan Sales are ultimately tied to DriveTime/Bridgecrest. CVNA management should explain how this all works.
Carvana: New Information Reveals that BridgeCrest is the lienholder - $CVNA must explain How and How Much
link to our new report:
https://t.co/JPz3sYa59T
Carvana: Bridgecrest and the Undisclosed Transactions and Debts
- Last year: both @HindenburgRes and @RealJimChanos lamented at the limited
transparency into $CVNA related parties, DriveTime and Bridgecrest.
- Last week: $CVNA refused to release financial details about DriveTime in a closely watched lawsuit against Carvana and its executives, alleging they carried out a fraudulent “pump and dump scheme”
- TODAY: We are releasing the DriveTime 2024 Annual Report and the GoFI LLC Annual Report we obtained via Freedom of Information Act request, along with our report.
for our full report, DriveTime's 2024 Annual Report, and GoFi LLC Annual Report
visit here: https://t.co/OhCijj2EzG
Detailed lienholder history records reveal that Bridgecrest, not $CVNA, is the most
recent lienholder, of the original 34 vehicles/VINs discussed in our first report.
Later today we will be releasing a new report. We have been digesting new information since we published 👇 .
We stand by our views articulated below.
Stay tuned.
Later today we will be releasing a new report on a Company. Our report introduces previously non public information that we legally obtained and believe is a smoking gun. We believe this report will be regarded as the best and most impactful work we've done in our 13 year history. We think this Company will age as one of the biggest Corporate Scandals of America over time. cc: @HindenburgRes@RealJimChanos