Well put, my friend, I could not have said it better myself.
The investors will get NOTHING. They are washed out, because the assets in BK can't begin to cover the liabilities of a company that owes $193M to the DOE and hasn't paid its creditors in months while they were "conserving cash".What good is Fisker without any engineers, designers etc? They will sell the "technology" and bounce out. This is a money grab for investors as they may at least get something back instead of losing 100%. The only people that are left seem to be the ones who are responsible for Fisker failing. They are just pitching the assets, hopefully someone bites and Fisker will be gone. That is why (I think) Henrik left, he had a moral obligation to do the best thing for the company not only the investors.
Fisker could have shrank and cobbled enough to launch the Atlantic on a small scale. Management thought it would be better to firesale Fisker and get something out of the company now. Why do you think they left us owners high and dry without a peep? The people left now don't give a **** about the owners, employees or anyone else. They are just looking to get something back regardless of what that means for the people who have supported Fisker.
With that being said I would still buy the car knowing all this. Nothing else like it (possibly) ever?
I thought some of the creditors are investors (i.e. Quantum- also on the brink of BK)? Should be interesting what Fisker fetches in BK. DOE seems pretty confident they will get their cash back (hence the push towards BK). Just hope this is quick and relatively painless; hopefully we get back to a sense of normalcy (i.e. support, warranty, updates, sales etc)The investors will get NOTHING. They are washed out, because the assets in BK can't begin to cover the liabilities of a company that owes $193M to the DOE and hasn't paid its creditors in months while they were "conserving cash".