I-Glow
2 hours ago
VAPR is still a scam. Read the financials - there isn't any revenue - total assets $152,308 - Total Liabilities $1,294,733.
We generated $-0- revenues and a net loss of $634,580 for the nine months ending September 30, 2024.
Operating Expenses. Our operating expenses were $365,587 and $656,41 for the nine months ended September 30, 2024 and 2023, respectively. The $290,844 decrease was primarily attributable to our acquisition of Ecite Motors LLC, Rescue, Repair and Restoration Inc. and N2A Motors during March 2022, subsequent shortage of cash to fund operations and loss of our manufacturing facility at September 30, 2024.
So, Excite and N2A Motors was acquired for $290,844. SMH! Plus, no exchange traded stock is going partner with an OTC company that doesn't report to the SEC - so their financials aren't audited.
Don't post about a scam on another scam board.
IG
double_m
2 days ago
Why, is Dirty Dave going to take over as CEO as part of the deal as well? A no-revenue having, stinky-pinky shell with a 5-yr high of 6 cents absorbing a crooked scam of a EV company claiming to be in the EV business and having NO (ZERO) infrastructure is nothing short of hilarious!!! Nice "RUMOR!" That should get things going for $MULN 🤣🤣🤣 🚩 ANOTHER POTENTIAL SCAM IF TRUE!!!
Where have we seen this before? 😆🚩
On March 4, 2022, VAPR purchased Ecite Motors LLC and acquired its facility for operations. The facility which Ecite occupies had a signed Commercial & Investment Real Estate Purchase and Sale Agreement dated October 5, 2021 for the facility located at 15812 116th Ave. N.E. Bothell, WA 98011. It is roughly a 4,000 sq ft commercial building which was assumed by the Company.
During June 2023, Ecite filed a Form C (Regulation Crowdfunding; “REG CF”) with the Securities and Exchange Commission to raise funding of up to $1,235,000 through the sale of up to 494,000 Common Membership Units of Ecite, based on a valuation of $75,000,000 (“Offering”). This funding will allow for the development and production of EV vehicles.
The finance lease terminated on September 30, 2024 and the facility was returned to the owner and the Company reported a gain on asset disposition of $58,239 in the accompanying consolidated statements of operations.
Since inception, the Company has incurred minimal revenues since inception and $8,883,827 in cumulative losses. These factors and others indicate the Company may not be able to continue as a going concern. The Company cannot provide assurances that the Company will be able to secure sufficient funds to satisfy the cash requirements for the next 12 months.
Bubae
3 days ago
Is it any wonder that the country is going broke with a nearly two trillion dollar deficit? 😆 How can the EV market have any future if it needs the incentives described in today's article concerning Mullen's Bollinger B4 Electric Truck. This is what it takes to convince people to buy these things? Powerful interests wasting more of our tax dollars.
California Issues HVIP Approval, Granting Bollinger Motors, Class 4 EV Truck a $60,000 Cash Voucher Per Vehicle Sold
PR Newswire Mon, November 18, 2024
https://finance.yahoo.com/news/california-issues-hvip-approval-granting-143000965.html
Under HVIP, the Bollinger B4 electric truck, with a suggested MSRP of $158,758, now qualifies for a rebate of up to $60,000
When combined with the available $40,000 federal tax credit, the net effective cost of the Bollinger B4 would be less than $60,000
I-Glow
6 days ago
I see that QUBT's Accountant/Auditing Firm is listed as BF Borgers CPA PC - that is pretty bad.
"SEC Charges Audit Firm BF Borgers and Its Owner with Massive Fraud Affecting More Than 1,500 SEC Filings"
The are a Prohibited Service Provider on the OTCM.
But this is hilarious:
"HOBOKEN, N.J., Nov. 13, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company has secured its first order for its thin film lithium niobate (TFLN) photonic chip foundry. The order, placed by a prominent research and technology institute based in Asia, underscores the growing global demand for QCi's advanced fabrication technology of TFLN"
Of course the buyer is unnamed and in Asia.
The cost of building a factory to produce thin film lithium niobate chips would be close to $1 Billion.
You jumped into another scam.
IG
Dingbatt
6 days ago
This is bottom of Communism
Then it was time to cover up the murders. Chaos ensued as Yurovsky and his men drove the bodies into the forest, stripped them down, confiscated their jewelry and the jewels that were hidden in their clothing, and buried them. As they did so, they covered them in acid and buried them. But the grave, located in a mine, was too shallow, and when the men tried to collapse the mine with grenades it failed. Instead, they disinterred the bodies as they frantically searched for another grave site.