Wednesday, May 24, 2023

Foxconn/Lordstown Motors deal. Tick.....tick.....tick.....

 
...BOOM?

Screenshot by Retiring Guy from June 2020 video
Headline: Tech Crunch, 5/23/2023
Lordstown Motors will issue a reverse stock split, a last-ditch move meant to pull the EV automaker out of the penny stock doldrums and salvage a deal with Taiwanese manufacturer Foxconn. The stock fell about 3.7% to $0.28 a share following the announcement.


Other Foxconn  posts:
2023

2022

2021
GET ME REWRITE: Yes, Foxconn's $100 milion pledge to UW-Madison was nothing more than a cynical election ploy by Scott Walker.  (8/11)
The mysteries of Foxconn (season 2).  (5/12)
The collapse of Donald Trump's '8th Wonder of the World'.  (4/20)

2020
Apparently, that's not what Scott Walker heard.  (12/19)
Just wondering what else in this Foxconn op-ed is off the mark.  (11/17)
GET ME REWRITE: Two gullible guys from Racine County still believe anything Foxconn tells them.  (10/23)

Keeping tabs on Foxconn Place in
Eau Claire
Green Bay
Madison
Milwau

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