Fisker's Hidden Asset: The Key to Survival or Acquisition?

[@rightbackagain]

As always you’re one of the best here. We’re lucky because there are several other great people here as well. Thanks for sharing your experience with us, I just received my Fisker ocean ultra Saturday morning!

[@gentlemensworld]

So cool congrats to your new Fisker hope you will love it. Thank you so much for the nice comment really appreciate it.

[@shckltnebay]

kzbin.infoyJ1CkgZPcl4

[@tlderose]

Hey Patrick! Another great video. I think the thing that bothers me is that they took the Magna platform and retrofitted it with outdated modules just to save money and call it their own. That means older hardware which is probably tougher to program in the software because it can’t do all the newer things the original platform with latest hardware can do. It’s like trying to get a new Windows 11 feature to work on Windows 98. Hopefully another company will come along, buy them out, and get the software in a better place. Here’s keeping my fingers crossed 🤞 😊

[@gentlemensworld]

Hey thank you so much for the very cool comment. I´m totally with you there they shouldn´t taken out the Magna spec and use old or less high quality parts to safe money it´s a pitty but as you said I also hope somebody great buys the company and thinks ramping up from there.

[@TheEVAddict]

Excellent!!! Well put thoughts!

[@gentlemensworld]

Thanks Brother - really appreciate it

[@AgaSlezak]

Thank you! As always nice hearing....

[@gentlemensworld]

Thanks a lot for the nice words and comment.

[@matthewspry4217]

Thanks for the video in English 🌊🇺🇸💪

[@gentlemensworld]

Thanks for the great comment ;-)

[@pama4681]

Very good insides and thoughts thank you!!

[@gentlemensworld]

You welcome and thank you ;-)

[@abaza.ibrahim]

Excellent video !!!!

[@gentlemensworld]

Thank you so much!!

[@High-Jo-Call]

Danke für das Update Patrick! Liebe Grüße aus den Bergen ⛰️🍀 😉

[@gentlemensworld]

Vielen lieben Dank für den super lieben Kommentar und Grüße in die Berge zurück ;-)

[@jacksoft2597]

Great video.. I love my Fisker Ocean Extreme

[@gentlemensworld]

Thank you so much for your comment. Yes the car itself is so lovely. Yesterday my girlfriend also drove it and I had her car and we passed trough each other on the road and I thougth dam what a cool car is that till she came closer and I just realized she was it and its our Fisker Ocean so still so cool desinged.

[@puckomalla]

@@gentlemensworld 😅

[@gentlemensworld]

happen

[@Perseverance21385]

Good insight 👏

[@gentlemensworld]

Thank you

[@chuckreiser]

Von uns auch einen Daumen Hoch ! 👌👌

[@gentlemensworld]

Hey vielen vielen Dank - Lebe hoch!

[@melvinholland9656]

The question is why any company would buy Fisker now and assume over a billion in debt. when they could wait and purchase the IP assets for far less and without debt?

[@gentlemensworld]

Super good comment and I would may say for following reasons. Strategic Fit: The acquiring company may see strategic value in the target company's products, services, technologies, or market presence. By acquiring the target company before it enters bankruptcy, the acquiring company can potentially gain access to these strategic assets at a lower cost than if they were to wait until after bankruptcy. Cost Savings: Acquiring a distressed company before it enters bankruptcy can often be more cost-effective than waiting until after bankruptcy proceedings have begun. By acquiring the company earlier in the process, the acquiring company may have more flexibility to negotiate favorable terms, potentially resulting in lower acquisition costs. Protecting Market Share: If a competitor is facing financial difficulties, acquiring the company before it enters bankruptcy can help the acquiring company protect its market share and prevent competitors from gaining a competitive advantage. Access to Talent: Acquiring a distressed company can provide the acquiring company with access to valuable talent, including skilled employees, executives, or technical experts, who may be more willing to join a stable and financially secure organization. Vertical Integration: Acquiring a distressed company that operates in a related industry or along the supply chain can enable vertical integration, allowing the acquiring company to control more aspects of the production process and potentially achieve cost savings or operational efficiencies. Avoiding Competition: If multiple companies are interested in acquiring the same distressed company, acquiring it before it enters bankruptcy can help the acquiring company avoid competitive bidding processes that could drive up acquisition costs. Preserving Brand Value: Acquiring a distressed company before it enters bankruptcy can help preserve the target company's brand value and customer relationships, which may deteriorate during bankruptcy proceedings. Overall, acquiring a distressed company before it enters bankruptcy can offer several strategic and financial benefits for the acquiring company, including access to valuable assets, cost savings, and competitive advantages. However, it's essential for the acquiring company to conduct thorough due diligence and assess the risks associated with acquiring a distressed company, including potential liabilities and operational challenges.

[@melvinholland9656]

@@gentlemensworld Thanks for the detailed response. A bit of respectful pushback if I may: A. Strategic Fit..."services, technologies or market presence"...I don't see Fisker having much in the first two and their market presence has been a disaster. Also, can't see how the IP would cost more after BK. B. Cost Savings...my research on BK filings shows just the opposite but I could be wrong in this case. C. Protecting Market Share...sorry but Fisker's share is miniscule. 6000 vehicles spread over the US and Europe is nothing. Adding Fisker to say Tata or Stelantis or you name the firm, will not significantly affect market share. D. Access to Talent...agree on this point. Grab them early before they find employment elsewhere. E. Vertical Integration.... Fisker's weakness was the lack of VI. Those outsourced suppliers will be there two months before BK or two months afterwards. F. Avoiding Competition...There is no feeding frenzy for Fisker. Nissan passed up an opportunity earlier. Companies signing NDAs just allows them to see behind the curtains. Not necessarily even making an offer. G. Brand Value...OMG, this is a tarnished brand to be sure. Fisker is largely seen as dead man walking. BK won't affect that status much before or after. As someone who owns two EVs and will never go back to ICE, I hope Fisker is acquired, and employees keep their jobs. Death of any EV start-up slows the transition. Such a beautiful design with weak management. Shame really.

[@gentlemensworld]

Thanks for the really good feedback here and you right. I just happen not to be in the position to buy the company and also not been to significant invested. Sold the biggest portion of my shares when I bought the one and payed the 5k this been payed out of Fisker stocks during that time. Also the other points are super valid I also don´t like to see the EV´s going down again I like to drive it every day and also the cost around super low..

[@tumentumengoosh5178]

Because the cars are so nice!

[@matthewspry4217]

ACCESS TO THE AMERICAN MARKET 💵🇺🇸🌊 THATS WORTH BILLIONS 💵💵

[@Tacocat123]

Denying an offer must have been a massive lowball offer

[@gentlemensworld]

Well will be not the biggest I guess let´s wait and see all we can do.

[@dennismorris7573]

Possibly one that might exclude the shareholders. If so, very noble of Mr. Fisker to hold out for something more.

[@Tacocat123]

@@dennismorris7573 henrik noble? Smh

[@brunoheggli2888]

Fisker is just pure love!

[@gentlemensworld]

Love your comment thanks.

[@brunoheggli2888]

​@@gentlemensworldI saw one today in Switzerland,looking amazing!

[@gentlemensworld]

Nice first time somebody spotted one there.

[@abaza.ibrahim]

Can I keep my shares after the bankruptcy protection until the Fisket goes up in the stock market, or shall I sell off NOW?

[@gentlemensworld]

That´s a very good question and I can just say what I do due to the fact anybody needs to decided by his own with his finacial investments. Anyhow technicaly the stocks will decline normally when chapter11 will take place, anyhow we don´t know yet if this happen or when. Could be that investors stepping in the stocks go up again. If chapter11 is applied from Fisker I would say the stocks will go down and could be if the succeding restructuring the company go up again. Due to the fakt I bought with around 1,2 Dollar and not having to much investeded I´ll keep my worthless portion the transaction fee would eat anyhow the rest of my investment...

[@shckltnebay]

Any BK will wipe the shares

[@abaza.ibrahim]

@@shckltnebay Please let me know if I am correct about the difference between the BK and BK Protection. Because FISKER will fill for BK protection, NOT BK

[@shckltnebay]

@@abaza.ibrahim Look up Chap 7 vs chap 11. Its most likely any form of BK results in shareholders wiped out. Examples GM and UAL

[@sohailakmal3384]

I sold everything at a loss

[@randyjohnson5426]

Any OEM would wait until chpt 11 before bidding on the company.

[@gentlemensworld]

Could be the case let´s wait and see. At least I just hope somebody buys them.

[@matthewspry4217]

Fisker wont begin lay offs for at least 2 more months. This tells you they have time !!!

[@gentlemensworld]

Is it like that did got the information that´s pretty good news I would say thanks for sharing and the comment.

[@matthewspry4217]

​@@gentlemensworldthank you for your response. Please investigate magnas long term production commitment to Fisker and what is signed in ink 🔏

[@redstaper2414]

Every asset has it's price. We will find out within 30 days if we have a future.

[@gentlemensworld]

So true thanks for your comment.

[@matthewspry4217]

They won't begin layoffs for two months, what does that tell you ???? They have more time

[@gentlemensworld]

Thanks thats pretty cool info.

[@E.Maaß]

New owner - only without the fiskers

[@gentlemensworld]

That could be happen yes.

[@shckltnebay]

Thats a must

[@matthewspry4217]

Just no Geta 😅

[@matthewspry4217]

HENRICK is a cool leader

[@2023gainer]

FSRN. Fisker..Up 165 % month ..Now 18 dealerships with 12 in Europe and 6 in USA .. Revenue increasing with late April Ocean deliveries growing from discount prices models. Partnership, Buyout or Cash infusion credit line without dilution or financing with share issuance which brings dilution. Maybe Fisker is only interested in selling the co.? Thumbs up video/ comments. Thanks.

[@gentlemensworld]

Very good comment I also have the feeling and also what we can see out of the reports that Fisker looks really hard forward selling the company and finding new investors. Was also interessted to see the deeper partnership with Magna what makes also totally sense for booth sides since Magna stopped or lowered there production in Graz from 2 shifts to 2 shifts and finally also stopped for a while. They need also there factory to run and are also interessted that the show goes on I think the help here as well.

[@matthewspry4217]

Trying to question the dealership in Jacksonville they know something but aren't saying