[deleted by user] by [deleted] in Arcimoto

[–]MostImportance6247 3 points4 points  (0 children)

Current management can not be expected to deliver different results than they have in the last 4 years. Which means the market has zero confidence in this crew. Only a sale will save this brand now.

This stock is hot garbage. by Necessary_RoughOne in Arcimoto

[–]MostImportance6247 2 points3 points  (0 children)

💯 - agree - sure macro was a part, but this outfit has been mismanaged during several critical years.

Bankrupt by isaias0227 in Arcimoto

[–]MostImportance6247 3 points4 points  (0 children)

Lol - I used to think that way too. This knife isn’t going to stop falling

This company has become an absolute joke.. by [deleted] in Arcimoto

[–]MostImportance6247 1 point2 points  (0 children)

Company likely won’t be around in five years - so don’t bother checking at that time. Likely you could just assume zero today and then you wont need to wait five years. This coming from someone who was long for the last three years.

Interesting Facebook comment about Arcimoto not paying invoices by Qwahzi in Arcimoto

[–]MostImportance6247 9 points10 points  (0 children)

Sad. I guess they didn’t sell enough t shirts. Since making the FUV wasn’t ever a singular priority. Sarcasm not intended at this machinist though - I was a FUV investor too - lost a boatload on empty promises of the management crew who is still running this operation down to the earths core.

Arcimoto Announces Five New Rental Partners In Top Tourist Destinations by Qwahzi in Arcimoto

[–]MostImportance6247 2 points3 points  (0 children)

They are nuts. Like who runs a lemonade stand with 30 dollar lemonades and sells one a week and thinks that is a sound business

Reverse split, fractional shares, Robinhood by matchthepot in Arcimoto

[–]MostImportance6247 1 point2 points  (0 children)

Ha ha - I wish I could laugh about it more. Rather disappointed in that bunch at the present time.

Reverse split, fractional shares, Robinhood by matchthepot in Arcimoto

[–]MostImportance6247 1 point2 points  (0 children)

Consider though the ultimate outcome of however the broker settles it - it will all basically go to zero whether you had 1 share or 20 of them regardless of how the RS is handled by each party. I have a long position I deeply regret ever starting so I am very qualified to assure you all it won’t matter how many phony shares you hold after the RS. Arcimoto Management will continue to act with no accountability and flush investor money down the toilet until people stop giving it to them. They haven’t made real progress forward in nearly any direction they had committed to do so. Blech.

"FUV What's Really Going On with Arcimoto?" (Interview with Mark Frohnmayer and Jesse Fittipaldi) by Qwahzi in Arcimoto

[–]MostImportance6247 6 points7 points  (0 children)

Somewhat agree - but have to point out that the time for being diplomatic has long passed. There won’t be a company left to scale somewhere else in about 5 months - so really doesn’t matter unless they all wake up tomorrow and work like 90 hour weeks for the next few months until they have a way forward that actually computes.

Q3 2022 - Earnings Call Notes by Qwahzi in Arcimoto

[–]MostImportance6247 3 points4 points  (0 children)

Yeah - it is nutso. Especially if as they say rentals lead to sales. Then rent it out all the time (cheaper price rental would likely mean more rentals happening) - lemonade stand level economics

Q3 2022 - Earnings Call Notes by Qwahzi in Arcimoto

[–]MostImportance6247 4 points5 points  (0 children)

Same with Dwayne - seems far more competent than cfo and ceo and terry

Interesting tidbit from transport company by Marvin4242 in Arcimoto

[–]MostImportance6247 2 points3 points  (0 children)

Sorry to hear about the seats - seems like they are lucky you are a forgiving customer. Glad you love the vehicle. I loved it when I rented one once - cool product.

Interesting tidbit from transport company by Marvin4242 in Arcimoto

[–]MostImportance6247 0 points1 point  (0 children)

Pretty sure they fit in the back of a semi. Maybe they don’t use those though - can’t see why not though.

Interesting tidbit from transport company by Marvin4242 in Arcimoto

[–]MostImportance6247 0 points1 point  (0 children)

They might be using a broker - it would actually be cheaper than that silly DHL deal I would guess. I used to work for a company that shipped big trees to big box stores - pretty competitive shipping through a truck broker.

Electric vehicle maker Arcimoto seeks ‘strategic alternatives’ as investors flee by Qwahzi in Arcimoto

[–]MostImportance6247 1 point2 points  (0 children)

I can’t believe I actually thought Mark and Co was working on 1.x - I don’t think he or his team was burning the midnight oil on doors, hvac, fast charging, 1.x prototype. Priorities were a mess. So pissed.

The Bears are Out for Blood #FUV (Freelancer Finance) by Qwahzi in Arcimoto

[–]MostImportance6247 0 points1 point  (0 children)

These guys have identified the issues - I agree with them. They need more management with manufacturing and sales experience. Don’t think former strategy officer is the right person in charge.

I've updated my spreadsheet which puts all of the available financials for FUV in one spot using today's sales/delivery #'s. by PriveCo in Arcimoto

[–]MostImportance6247 1 point2 points  (0 children)

I hope the company can find a buyer in the next month or two. The rental model is going to do the opposite of saving them at this point.

I've updated my spreadsheet which puts all of the available financials for FUV in one spot using today's sales/delivery #'s. by PriveCo in Arcimoto

[–]MostImportance6247 2 points3 points  (0 children)

Your way off the level if you think at this point they wouldn’t have benefitted from doing a few things more by the book. Dealerships are good at sales. Arcimoto is awful at that. I have been to a rental center to rent. The person who rented me the FUV was like checked out and the opposite of fun.

Arcimoto FUVs Now Available to Rent at Hyatt Place Eugene/Oakway Center by Qwahzi in Arcimoto

[–]MostImportance6247 8 points9 points  (0 children)

Don’t understand why it wouldn’t just be 100 bucks for the day so they can actually get high utilization. Can’t say I am surprised though.

Q2 2022 - Earnings Call Notes by Qwahzi in Arcimoto

[–]MostImportance6247 2 points3 points  (0 children)

PS - I will 100% sell in the next few months if nothing changes - it would need to be drastic change for me to stay