SBeer

Adventurer, Operator, Web3 Mindset, but mostly shitposting

[SBeer @SvenBeer2]

@edleonklinger @paulg @investazoria @j_fishback

[SBeer @SvenBeer2]

@joceyreyes209 I had to sell at 9 for a stop loss. I don’t understand if this PO was 3-6 months away why Raj needed to sell stock, ditch CFO, and raise dilutive capital at a huge discount. Anyone inside the company would know the price would be higher after a PO launcch

[SBeer @SvenBeer2]

@RocketPenguin75 Why not wait until after this announcement to raise capital? Raising at <$10 was such an unforced error

[SBeer @SvenBeer2]

@MrNotAdvice This whole company is just not managed well in terms of IR and governance. C-Suite should get huge stock grants but none of it should vest until revenue is generated. Much like Elon’s comp.

It’s wild that execs are making millions and the stock is below SPAC

[SBeer @SvenBeer2]

@2percentisfair I still don’t understand why if the tech is as good as they say it is, customers aren’t funding lines. This recent raise is the most dilutive way to raise capital

[SBeer @SvenBeer2]

@najfah @EnovixBatteries @mcinnes_danny Why could they not have said this on the earnings call? Why do they need to do some fireside chat instead of including it in investor communications

[SBeer @SvenBeer2]

@TsnycTsnyc22 Sold out at a loss, this thing is heading to $4-6. Complete unforced errors. I don’t think it’s a fraud to be clear, but if you mislead investors on the equity raise it only gives credence to the shorts.

Why not mention it on the call? They need real IR not some penny stock guy

[SBeer @SvenBeer2]

@j_fishback Spoke to a teacher who did an in class debate and as part of the prep they had to “debate” their assigned point of view against chat gpt to generate rebuttals.

The people who utilized computers best were strong at STEM. That will be the case for AI

[SBeer @SvenBeer2]

@dry__powder Yes a lot of the online tools don’t factor in TJ’s shares + passive flows

[SBeer @SvenBeer2]

@x_times_1 My hunch is that some parts of diligence need to start over with Cerberus coming in. That said I would imagine the Cerberus milestones would be similar or higher to what is needed to get DOE done from an execution standpoint

[SBeer @SvenBeer2]

@CavemanTraderX I think I read somewhere it had to do with a $6M bonus he gave up from leaving his prior company? I think ENVX agreed to give him that in equity. Not 100% sure to be clear

[SBeer @SvenBeer2]

@realEstateTrent Can we stop pretending that everyone in an office was actually working the full day? Lunch breaks, smoke breaks, chit chat? Remote or in office just manage a team well

[SBeer @SvenBeer2]

@mcinnes_danny @EnovixBatteries I think they need to clarify the next two years rather than worry about missing a milestone by 2 weeks. Things I don’t understand: why would they need more capital they have not been clear about what capital they need?

[SBeer @SvenBeer2]

@HungStrikerCptl Why can’t $EOSE give clarity on what steps are needed to close the loan? Still unclear to me what the blockers are: specific milestones or generally gov being slow

[SBeer @SvenBeer2]

@in_retrotech Things like black rock, Goldman, JPM chase are often either their funds or its clients who have their assets. Unlikely to be active money

[SBeer @SvenBeer2]

@Robber_Baroness Is a drug development company worthless until they get FDA approval? Plenty of pre revenue biotechs, I don’t see the issue with that. Issue is IR sucks

[SBeer @SvenBeer2]

@Zerosumgame33 Can you explain the delay? I don’t understand. Is it due to EOS not meeting some milestone or literally just government being slow/bad at their job

[SBeer @SvenBeer2]

@x_times_1 @JoeMastrangelo8 Can you succinctly explain the DOE loan delay? Is it because EOS has not hit certain production milestones or is it literally just the government being slow

[SBeer @SvenBeer2]

@j_fishback I didn’t understand the note in CNBC today from Wharton’s Jeremy Siegel. Fed only has 2ish months of good inflation data and unemployment was only 10bp worse. After such a bad inflation scare I’m not sure they want to risk prematurely dropping rates

[SBeer @SvenBeer2]

@joceyreyes209 I am long (prob a mistake) but can’t figure out the lack of urgency to get this thing profitable. The 6-18 mo profitability improvement gives them almost no cushion as they are down to $180M of cash and last 6 mo operating burn $110M!!

Hopefully the marketing investments help