My Ocean Ultra was delivered today here in Massachusetts. I’m so damn impressed with the quality of this car! I test drove it in August, 2023. Wanted it since my first $250 deposit 02/14/22. I have to believe that I absolutely made the correct decision…..🤞🏼Thanks Ocean1 for everything you do!!!
People forget that Fisker has a contract with CATL for their battery supply, "CATL to supply Fisker Ocean production with small (LFP) and large (NMC) advanced battery packs over multiple years and is fully on track to support the Nov. 17, 2022 start of production milestone and subsequent ramp-up." And CATL has been coming out with long-range batteries (up to 600 miles, or a month worth of driving). I womder if everything was going well, this would possitively affect Fisker.
Based on my understanding of 8K, it is a bi-weekly affair , unless something dramatic changes about the company situation that can dramatically affect the stock price, so since in the previous 8K they mentioned the immediate change in chief restructuring officer in case the note holder DID NOT accept the offer and Fisker was heading for BK , IMO updating the 8K and putting out the news would have been the priority which would have brought the stock price dramatically lower over some news about potential buyers that pumped the stock on Friday , so unless Fisker is now itching for lawsuits on top of their other troubles , I would say nothing dramatic has happened ( or at least that is what the common sense tells me) should have they updated the 8K if note holder accepted the offer ? i don't think that would made a difference on Friday since they fed some good news to the media anyway. In summary , SEC only cares about the news that can have major effect on the stock price, so to avoid updating the 8K on Friday and allow the stock to move up would get SEC's attention and open up Fisker for law suits by those who purchased shares on Friday .
Fisker... FSRN..159 % Gains month. Leading the EV sector in April. The 10-K filing is the start of the next stage for Fisker and it's future product line. Expecting more new Dealerships to open in May. . Thumbs up video/ comments. Thanks.
Hi Thanks again for the videos. Really if Fisker goes BK then the note holder gets next to nothing? If so isn't in the note holders interest to bend to make this work. Also who appointed the CRO the noteholder? Thanks again
It wont be bankruptcy or a buyout. The buyout talks is to get a cash injection. The investor will want to make money on equity. 2025 noteholder is owed about 180 million, they will be completely paid off and the 2026 noteholder conversion price will be renegotiated to a much lower amount. Everyone wins this way. During a bankruptcy there will be losers and it will cost more if a buy out and they cant gain on equity.
Could be an option, but selling of their home could mean Fiskers moving back home to Austria or could be completely unrelated. One article I read stated they asked banks to find a buyer, if no $$ offers are published, then maybe it will turn out to be true, maybe the article was just assuming.
if there were any real potential of one of those 4 buyers, I don't think it would have been announced to staff and leaked the way it was. It's a ruse to stall until bankruptcy filing. it doesn't make sense otherwise.
Exactly!! Henrik just wants one more cash grab before he disappears again 😂 Last time he announced a potential buyer/s..everyone ran and bought up shares lol. He also deleted his socials right after. Anyone who believes anything Henrik says deserves to lose their money 😂
Off topic again but I'm picking up my Extreme from Classic Fisker, likely on Friday when I get back from a biz trip to Toronto. Does anyone know the top speed? Not an issue as I live in Nashville and not Germany but I was just curious.
@@Ocean1_FSR Thanks for the info. Looking forward to my Big Sur Blue, Sea Salt! BTW, how far of a drive are you from Nashville? I’d welcome the opportunity to drive up and meet you in the near future. I can’t thank you enough for all of the valuable info that you have provided. I have learned a lot over the past few months.
I don't blame you for being an optimist, but as of April 2024 Fisker has a market cap of $52.81 Million. They don't really own any assets, potentially some IP but a lot of Ocean is made with off the shelf parts and built by Magna. If you look at China, there are just so many EV companies now as EVs are pretty much like android phones. Anyone can make them. Why would anyone buy Fisker (let alone for £2 bn???), I really don't know... So in a nutshell, sadly I don't see much of a future for Fisker :(
@@monsterpatbro1041 Have you ever attended a restaurant auction? Most of the equipment sells for a small percentage of cost and I kind of expect it would be the same in this scenario. There would be a small number of potential buyers so you won’t get bidding excitement driving the price up.
@@DorianColeman Well, I hope that miracle is not "Beyond Your Dreams", we are not looking for Moses moment to split the waters in the Oceans, just the right kind of tide wave and fair winds ;-)
Generally it costs billions for a start up to bring out their first electric car to the market , which is inline with Fisker’s financial situation. Rivian, for example, needed 10.5 billion before its first vehicle came on the market. I might be way way off, but the investors know what it takes and would rather not force chapter 11 on the company, potentially loosing their money. Also , a potential buyer knows how much effort is required to bring an EV to the market . You’re asking for a miracle, which to me seems like a logical conclusion, and a likely outcome , but I don’t know the future or who will pull the trigger and in what direction. Don’t loose your positivity just yet 😅
Also , timing is a factor - as the world moves away from gas powered vehicles, more and more companies are trying to make themselves like Tesla . It would make sense to pick this up now and build on it , rather than spend years trying to develop and compete for a spot on the EV scene . Fisker made a lot of noise and has recognition. The narrative can be flipped from negative to positive with a good software update and some PR , RUclips , etc. nothing is lost yet
I can't answer that. If Fisker survives and can be serviced under warranty, 40k is a crazy good deal. If not, it could be a nightmare if you have problems.
On the $2B in liabilities, any creditor that's been waiting for payment would certainly accept a lower amount rather than zero at this point. Most restructuring efforts will push for 10 to 25 cents on the dollar as full settlement, and surprisingly many vendors may still continue to do business although some may require upfront payments or deposits to keep going. The problem with a large OEM coming in now would give hope to creditors that they could get fully repaid, and that would not be a good use of an acquiring company's capital. So I just don't see a Nissan, a Tesla, a Stellantis stepping up here. Again, I'm sure there have been discussions with Chinese automakers but no news is not good news in this case. If Henrik had someone credible on the line here, he certainly would be broadcasting it. Keep an eye on the company-owned stores and service centers; their closure should be a canary in the coal mine. Third party dealers don't count since they will be the last to know if Fisker folds.
Very true, but the first note holder has to be satisfied as they own us BEFORE anyone else. Then everyone else gets in line. At this point, for the shareholders to get anything at all it looks very very grim.
Agree. But, Chapter 11 will do the same faster, cheaper and easier. It will also put professional management on place and get rid of the dual class share structure. Any new capital will be used for reorganization and funding business growth instead of paying debts. Will also isolate the company for other risks and liabilities. Let´s assume the court gives new investor 70% of the company and 30% to current creditors (partners, suppliers, vendors, customers, etc.). Think you are an OEM or Investment Bank executive trying to sell the idea to your management. What scenario would you be presenting, out-of-court restructuring or Chapter 11 reorganization?
i just hope my tech is able to come and finally figure out why my map has the car sitting three states away from where I actually am before they file bankruptcy and he's let go.
Fisker is the only company where we know everyone on staff by name. This is the second car soap opera after the SAAB debacle that blows my mind. With Mr. Ocean1's detective work and analysis daily and the love of his car and company, someone needs to buy Fisker and give him the chief spokesman role for the company. It would be better if Nissan just took them over most likely after 11. I have only invested a small amount and lost and pulled out. I reenter as OTC will an even smaller amount. I will just HOLD.
I would say , we all due respect, everyone should take Ocean 1 or any youtuber's opinions as they are, their opinions . Unless Ocean 1 has some insider information all I see in 10K is company promoting their product and then rumours of buyouts . I go with that
If as you are suggesting they are holding back a bad news as big as note holder not accepting their offer on Friday that is market manipulation 101, they better not have done that or law suits are gonna come at them by the end of next week
Also regarding the OTC most people cannot trade and even if they could trade with another broker most brokers will not let people move shares in to a OTC account bad days for stock holders
The company is essentially worthless at this point, considering liabilities. There is literally nothing left, and it’s too bad, because some of the ideas are interesting. I was hoping to buy back in, but very unlikely now. Looks like it will be loss/write offs for the foreseeable future, which stinks, but recoups some. The company is/was so horribly ran. It’s crazy.
TSLA may have found a bottom. Had negative free cash flow but they are investing heavily in the business and their future products. Still had $21B in revenue, over $1B in profit. I live in a medium sized town in the Midwest and see Tesla’s everywhere. Chart looks great right now, trading it with a little leverage via TSLL
@@2023gainer why are you asking me? Cyber truck isn’t a serious Tesla project lol, it’s a Musk hobby for social media influencers and people with money to blow.
@@the_leveraged_accountant2890 Tesla heading towards unprofitable... falling knife investment short-term. Fisker up 159 % month...sky could be the limit.
Henrik is done. He's a liar and does nothing but ruin companies. When it finally goes bust you all will only have yourselves to blame for getting fleeced 😂 It's a shame because the Ocean is beautiful.
FSRN is the Top Avg daily trading volume EV stock. 105 million shares.. Everyone is here to Improve the Environment... Making $$ is just the icing on the cake. LOL
i wouldnt say 4 OEM "are interested in purchasing fisker". More like 4 OEMs havent laughed henrik out of the building and may be considering something.
Stop talking about a buyout. Not going to happen. It's just wishfull thinking. There is no buisness case for that scenario. Only option Fisker has is Chapter 11.
My Ocean Ultra was delivered today here in Massachusetts. I’m so damn impressed with the quality of this car! I test drove it in August, 2023. Wanted it since my first $250 deposit 02/14/22. I have to believe that I absolutely made the correct decision…..🤞🏼Thanks Ocean1 for everything you do!!!
Awesome!! I hope you love it. If you have any questions, just ask me.
The car is amazing. Sad that management is/ was so bad at business
I look forward to Fisker and its investors doing well.
People forget that Fisker has a contract with CATL for their battery supply, "CATL to supply Fisker Ocean production with small (LFP) and large (NMC) advanced battery packs over multiple years and is fully on track to support the Nov. 17, 2022 start of production milestone and subsequent ramp-up."
And CATL has been coming out with long-range batteries (up to 600 miles, or a month worth of driving).
I womder if everything was going well, this would possitively affect Fisker.
Yes and No. CATL being our supplier forces us to lose the tax credit due to the IRA
@@Ocean1_FSR But it didn't. Everyone who bought a Fisker got tax credit, and the battery pack was CATL, no?
@@JesyB2023 Only because many of us had reservations that qualified under the transition rules.
Based on my understanding of 8K, it is a bi-weekly affair , unless something dramatic changes about the company situation that can dramatically affect the stock price, so since in the previous 8K they mentioned the immediate change in chief restructuring officer in case the note holder DID NOT accept the offer and Fisker was heading for BK , IMO updating the 8K and putting out the news would have been the priority which would have brought the stock price dramatically lower over some news about potential buyers that pumped the stock on Friday , so unless Fisker is now itching for lawsuits on top of their other troubles , I would say nothing dramatic has happened ( or at least that is what the common sense tells me) should have they updated the 8K if note holder accepted the offer ? i don't think that would made a difference on Friday since they fed some good news to the media anyway.
In summary , SEC only cares about the news that can have major effect on the stock price, so to avoid updating the 8K on Friday and allow the stock to move up would get SEC's attention and open up Fisker for law suits by those who purchased shares on Friday .
Fisker... FSRN..159 % Gains month. Leading the EV sector in April. The 10-K filing is the start of the next stage for Fisker and it's future product line. Expecting more new Dealerships to open in May. . Thumbs up video/ comments. Thanks.
Thank you
FISKER Inc just posted on RUclips
Hi Thanks again for the videos. Really if Fisker goes BK then the note holder gets next to nothing? If so isn't in the note holders interest to bend to make this work. Also who appointed the CRO the noteholder? Thanks again
Yes it's in everyone's interest
It wont be bankruptcy or a buyout. The buyout talks is to get a cash injection. The investor will want to make money on equity. 2025 noteholder is owed about 180 million, they will be completely paid off and the 2026 noteholder conversion price will be renegotiated to a much lower amount. Everyone wins this way. During a bankruptcy there will be losers and it will cost more if a buy out and they cant gain on equity.
Thanks. Equity injection is what is needed. Buyouts are messy
Could be an option, but selling of their home could mean Fiskers moving back home to Austria or could be completely unrelated. One article I read stated they asked banks to find a buyer, if no $$ offers are published, then maybe it will turn out to be true, maybe the article was just assuming.
if there were any real potential of one of those 4 buyers, I don't think it would have been announced to staff and leaked the way it was. It's a ruse to stall until bankruptcy filing. it doesn't make sense otherwise.
Exactly!! Henrik just wants one more cash grab before he disappears again 😂 Last time he announced a potential buyer/s..everyone ran and bought up shares lol. He also deleted his socials right after. Anyone who believes anything Henrik says deserves to lose their money 😂
Fisker has hired pros to get a deal done. No way the new seats on the board would be BSing.
It's not Henricks first rodeo 😅
Apple should invest in Fisker and use Fisker in the future!
Off topic again but I'm picking up my Extreme from Classic Fisker, likely on Friday when I get back from a biz trip to Toronto. Does anyone know the top speed? Not an issue as I live in Nashville and not Germany but I was just curious.
129 mph (CPU limited)
@@Ocean1_FSR Thanks for the info. Looking forward to my Big Sur Blue, Sea Salt! BTW, how far of a drive are you from Nashville? I’d welcome the opportunity to drive up and meet you in the near future.
I can’t thank you enough for all of the valuable info that you have provided. I have learned a lot over the past few months.
I don't blame you for being an optimist, but as of April 2024 Fisker has a market cap of $52.81 Million. They don't really own any assets, potentially some IP but a lot of Ocean is made with off the shelf parts and built by Magna. If you look at China, there are just so many EV companies now as EVs are pretty much like android phones. Anyone can make them. Why would anyone buy Fisker (let alone for £2 bn???), I really don't know... So in a nutshell, sadly I don't see much of a future for Fisker :(
They own $600 million in machinery and tooling at Magna Graz. It costs billions to enter the EV market and bring a vehicle to where they have.
@@monsterpatbro1041
Have you ever attended a restaurant auction? Most of the equipment sells for a small percentage of cost and I kind of expect it would be the same in this scenario. There would be a small number of potential buyers so you won’t get bidding excitement driving the price up.
Are you an ocean owner or driven one? I doubt it. It is not that easy to make a vehicle like ocean.
@@goTiger Don't get me wrong. It's a lovely car with lots of potential, however we can't sadly ignore reality which looks extremely bleak for Fisker.
@@potmej1 you didn’t answer my question. Do you have an ocean?
Can you make a video on why a company would want to buy out fisker instead of letting it go bankrupt first because it will be lower in value
Just uploaded a video for you
Thank you!!!
We have prayers, plenty of prayers, now it's just time for that miracle🥲
Maybe god is more a Tesla or a BYD kinda guy
@@DorianColeman Well, I hope that miracle is not "Beyond Your Dreams", we are not looking for Moses moment to split the waters in the Oceans, just the right kind of tide wave and fair winds ;-)
@@DorianColeman TATA
The 10- K filing is making the rounds around the world. We will let the billionaires battle it out...and the Winner Pays Us handsomely.
@@2023gainer $3 bucks a share , are you happy with that ??😎💵💵💵💵
We still have shorts, they have to cover partially 😂 let's pray
Please watch Kim Java about FISKER, it is really fair review 👌
I watched
What’s the impact of forbearance ending May 1?
Generally it costs billions for a start up to bring out their first electric car to the market , which is inline with Fisker’s financial situation. Rivian, for example, needed 10.5 billion before its first vehicle came on the market. I might be way way off, but the investors know what it takes and would rather not force chapter 11 on the company, potentially loosing their money. Also , a potential buyer knows how much effort is required to bring an EV to the market . You’re asking for a miracle, which to me seems like a logical conclusion, and a likely outcome , but I don’t know the future or who will pull the trigger and in what direction. Don’t loose your positivity just yet 😅
Also , timing is a factor - as the world moves away from gas powered vehicles, more and more companies are trying to make themselves like Tesla . It would make sense to pick this up now and build on it , rather than spend years trying to develop and compete for a spot on the EV scene . Fisker made a lot of noise and has recognition. The narrative can be flipped from negative to positive with a good software update and some PR , RUclips , etc. nothing is lost yet
Mr ocean 1 how many shares outstanding? It still says 343 million
Roughly 1.3 billion I think.
@@Ocean1_FSR Thanks, well that's not favourable for shareholders on a buy out
Ocean1 is a true one, Fiskerati should be ashamed of himself
Thanks ❤️
So how much should i pay for the top modell from Fisker?
I can't answer that. If Fisker survives and can be serviced under warranty, 40k is a crazy good deal. If not, it could be a nightmare if you have problems.
On the $2B in liabilities, any creditor that's been waiting for payment would certainly accept a lower amount rather than zero at this point. Most restructuring efforts will push for 10 to 25 cents on the dollar as full settlement, and surprisingly many vendors may still continue to do business although some may require upfront payments or deposits to keep going. The problem with a large OEM coming in now would give hope to creditors that they could get fully repaid, and that would not be a good use of an acquiring company's capital. So I just don't see a Nissan, a Tesla, a Stellantis stepping up here. Again, I'm sure there have been discussions with Chinese automakers but no news is not good news in this case. If Henrik had someone credible on the line here, he certainly would be broadcasting it. Keep an eye on the company-owned stores and service centers; their closure should be a canary in the coal mine. Third party dealers don't count since they will be the last to know if Fisker folds.
Very true, but the first note holder has to be satisfied as they own us BEFORE anyone else. Then everyone else gets in line. At this point, for the shareholders to get anything at all it looks very very grim.
Agree. But, Chapter 11 will do the same faster, cheaper and easier. It will also put professional management on place and get rid of the dual class share structure. Any new capital will be used for reorganization and funding business growth instead of paying debts. Will also isolate the company for other risks and liabilities.
Let´s assume the court gives new investor 70% of the company and 30% to current creditors (partners, suppliers, vendors, customers, etc.). Think you are an OEM or Investment Bank executive trying to sell the idea to your management. What scenario would you be presenting, out-of-court restructuring or Chapter 11 reorganization?
i just hope my tech is able to come and finally figure out why my map has the car sitting three states away from where I actually am before they file bankruptcy and he's let go.
When my GPS/Navigation goes out, it's sitting in Brussell.
Fisker is the only company where we know everyone on staff by name. This is the second car soap opera after the SAAB debacle that blows my mind. With Mr. Ocean1's detective work and analysis daily and the love of his car and company, someone needs to buy Fisker and give him the chief spokesman role for the company.
It would be better if Nissan just took them over most likely after 11.
I have only invested a small amount and lost and pulled out. I reenter as OTC will an even smaller amount. I will just HOLD.
I would say , we all due respect, everyone should take Ocean 1 or any youtuber's opinions as they are, their opinions . Unless Ocean 1 has some insider information all I see in 10K is company promoting their product and then rumours of buyouts . I go with that
@@AlfinoYose - Mr. Ocean 1 never said it was legit or not.
Nothing on fiskers twitter page about 4 big companies 😳 probably just all nonsense
If as you are suggesting they are holding back a bad news as big as note holder not accepting their offer on Friday that is market manipulation 101, they better not have done that or law suits are gonna come at them by the end of next week
So even with a buyout, it’s unlikely the sp even approaches $1 again? 😢
That's my best guess. To reach that we would need a 3 billion dollar buyout.
Same here bro lost most money on my account…im ready lost it all😢
It ain't over until the fat lady sings
It ain't over until the fat lady sings
Also regarding the OTC most people cannot trade and even if they could trade with another broker most brokers will not let people move shares in to a OTC account bad days for stock holders
The company is essentially worthless at this point, considering liabilities. There is literally nothing left, and it’s too bad, because some of the ideas are interesting. I was hoping to buy back in, but very unlikely now. Looks like it will be loss/write offs for the foreseeable future, which stinks, but recoups some.
The company is/was so horribly ran. It’s crazy.
TSLA may have found a bottom. Had negative free cash flow but they are investing heavily in the business and their future products. Still had $21B in revenue, over $1B in profit. I live in a medium sized town in the Midwest and see Tesla’s everywhere. Chart looks great right now, trading it with a little leverage via TSLL
Where do CyberTruck owners take their trucks to address the Safety Gas pedal total vehicle recall ?
@@2023gainer why are you asking me? Cyber truck isn’t a serious Tesla project lol, it’s a Musk hobby for social media influencers and people with money to blow.
@@the_leveraged_accountant2890 Tesla heading towards unprofitable... falling knife investment short-term. Fisker up 159 % month...sky could be the limit.
@@2023gainereasy fix. ruclips.net/video/aHw50pjY3Es/видео.html
How would they file for Chapter 11? They have no money to continue operations. And they have no assets to rearrange debt. It's sell now or chapter 7.
This story is O V E R….
Then why I keep seeing more Gains in my acct.?
Henrik is done. He's a liar and does nothing but ruin companies. When it finally goes bust you all will only have yourselves to blame for getting fleeced 😂 It's a shame because the Ocean is beautiful.
FSRN is the Top Avg daily trading volume EV stock. 105 million shares.. Everyone is here to Improve the Environment... Making $$ is just the icing on the cake. LOL
Love your realistic thoughts this time ❤ chapter 11 is definitely the final destination for Fisker.
or a mega shortsqueeze is final destination for shorts ❤❤
i wouldnt say 4 OEM "are interested in purchasing fisker". More like 4 OEMs havent laughed henrik out of the building and may be considering something.
Four is just the Beginning, only took a few days after the 10- K filing for Fisker to receive these. Should be an interesting next 3 weeks.
You are saying ocean is a great car. How many EVs have you driven so far? Please drive other cars to know what Fisker offers compared to others
What EVS have you driven?
Stop talking about a buyout. Not going to happen. It's just wishfull thinking. There is no buisness case for that scenario. Only option Fisker has is Chapter 11.
Do people like yourself watch the video BEFORE responding?
I hope Buyout doesn't and Fisker receives funding instead or partnership...but one of these 3 options will ...Definitely... happen
Should have bought Tesla stock. You still can, and there is 10X upside from here. That’s how you recover from here.
Tesla is worse!
If he’s willing to take risks like he did with FSR, he should definitely buy TSLA, but buy the TSLL leveraged fund instead
I am allergic to Recalls
@@2023gainer every car manufacturer on earth has had recalls.
@@the_leveraged_accountant2890 Not Fisker