I thought placing one in the 2 and 1/2 Men show a year ago was a good idea for exposure, but I've seen them on Epay recently with buy it nows as low as $60K, made me wonder if there was a future for these guys.
There are currently 22 Karma's on eBay for sale. For such a limited production car that has not been out for long that is a lot of cars.
Not really Mark, part of the reason he resigned is that due to the issues they are having the loan for 5xx million is being held up. Hence the board of directors is shopping the company to the Chinese.
So have/are they going to pay back the loans from the federal government....the American taxpayers, or is this going to be a pennies for dollars payback?
Of the $539 million that gov't was to loan them they got $200 million, the rest has been frozen. My personal opinion is that the 200 million is gone never to be seen by the US Gov't again. Much like Clark Griswold giving money to Cousin Eddie. It's not an ideal situation, but it's better than loosing the entire amount. We can discuss till the cows come home if it was a good bet or net. I do not mean to trivialize the amount of money here, as I could probably retire and live very well on that scant $200 million. Should it have been done in the first place. I don't know, but if the company had been successful, paid back every penny with interest then we'd pointing a finger the other way saying see, sometimes it does pay for gov't to meddle in free enterprise. Mark, we are both small business owners, and if we went hat in hand to the feds looking for "loans" such as these we'd never even get in the door much less have it slammed in our faces.
But if we had an investment company behind us with All Gore sitting on the board of directors...the Feds would open up the taxpayers check book in less than the time it takes to say "scam." Oh, and what ever happened to all those American jobs? Nathan no amount of lipstick will help this pig, this was a complete waste of taxpayer's dollars from the beginning.
And now Fisker is circling the bowl.... Source: http://www.autonews.com/apps/pbcs.dll/article?AID=/20130409/OEM/130409894/fisker-said-to-be-prepared-to-file-chapter-11-as-soon-as-this-week#ixzz2Q4h7bnGj
