 boom What's up money geeks mr. V here welcome to the video guys so in this video I want us to talk about the kassimbo qs quantum escape So this is a company that we cover here on the channel They talked about building the next generation electric vehicle baddie, which is a solid state baddie So right now for those of you that don't quite understand the whole system You have lithium ion baddies, and then you have a solid state baddie So these guys are claiming that they are building the next generation of baddies for electric vehicles And here are some of the claims that they have That their baddies will store more energy which are faster Has a longer lifespan It's safer and costs a relatively cheaper than your lithium Ion baddie so There's some news out there about the company being a scam and that's what I want us to cover into this video But before we get started guys feel new to the channel We talk about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content So guys i've actually covered quantum escape here on the channel When they announced they were going to go public So I give you guys an a deep dive of the company again what they are doing How they plan on changing the electric vehicle space And so if you didn't watch those videos Definitely encourage you to go take a look at those videos today My focus is on these short seller report that came out from scorpion capital and they are blasting Quantum escape so let's kind of jump here This is the street with jim kramer. And so the company actually Said that uh quantum escape is a pump and dumb spark scam So again the company the shorts of the company is scoped here on capital as you can see right there So let's just go down again Let me give you guys some comparison that they put out here, which is really devastating This they compared Quantum escape to terranos I mean they say it makes terranos looks like amateurs If you understand the story of terranos, which is uh elizabeth holmes. I think that's her name A stamp for drop out that the company terranos Explained the fact that she wanted to change the blood testing industry. So she had the technology Called nano tubes where you can just prick your finger and take a little tiny drop of blood just from pricking your finger And then run over two hundred and thirty different tests and so she ran that scheme and She was worth I think or the company was worth like nine billion dollars at one point But finally the whole thing unraveled because it was a scam So they are comparing this company a quantum escape to that to that particular terranos company. So Again, if you can see if we go back here here is a report that they actually put out So a very detailed report again You can see a pump and dump spack scam by silicon valley celebrities That make terranos looks like amateurs. That is crazy So, I mean, this is like A blow. So again, um, if you look at the company here, uh, these guys, um Scorpion capital Did an excellent job When step by step, um analyze everything Pick apart some of the comments made by The ceo CMBC and just went through so I'm going to link this in the description So you guys can definitely go read it for yourself. I'm not going to try to read this for you But definitely go check it out. But again, if you understand how All these different short seller reports do operate The whole idea is that they beat the price of the stock down Um, you know when they put out this report the price of the stock is going to go down And then they would sell the stock up there and turn to buy it at the bottom So they're not just doing it to do us a favor But they're doing it because it benefits them too. So, uh, they're calling, uh, quantia escape, uh, fraud When I looked at quantia escape and I wanted to invest in the company I said this is a very risky investment because this is only a concept They haven't proven themselves. They haven't proven anything just yet So when you're buying a concept this concept might work or might not work And you guys they're even telling us that the production is not going to start until like 2025 So this they have a long waste go to try to figure out this and they're working with um, they have investors like Vox wagon that just give them I think a hundred million dollars because they met a certain milestone In their research process. And so if those companies are pumping money into quantia escape, um If they're blindly pumping that money and then it's it's up to them But you have investors like myself and some of you out there that also have money in this company So you want to be aware of this to me? I'm taking the risk because I'm saying this is a high risk High reward kind of scenario. So that's why I'm buying the dip in this company So I don't know about you guys But for me I see the dip as an opportunity to buy More and build a solid position because again, if this thing goes through and that it would be Tremendous amount of returns for me. So when I was doing this video Again, this is just the one day chart. Uh, when the the report came out So you can see here when the report came out Quantia escape dropped almost, uh, I mean almost 15 percent because of that before Squeezing back after hours to a high of about 36 or they They went now to a low of To a low of about 34 and then squeezed back up So the report didn't really impact the stock that much But just to give you guys some context where the stock is trading right now and where the stock has been Let's just go back to the six months chart here. This stock actually have a had the taste of 131 close to 132 dollars a share Before pulling back. Look at that huge drop there back in january Before now, uh, just kind of consolidating and kept dropping and dropping and now sitting at this $35 price point So, um, again, it's an opportunity for you to open up a position But at the same time you have to be very careful because With companies like this if we saw what happened with terranose Um, a lot of companies Walgreens and all these guys invested. I think it was cbs Excuse me cbs and all these companies invested in terranose and then it turned out it to be a fraud None of those companies saw it coming So again, we can sit here and thinking that quantum skip is this ideal company But they could also be a fraudulent company I acknowledge that and i'm ready to take the risk because if it turns out that the technology Really comes out and work the way they say it's going to work. This is going to be The game changing for the electric vehicle space and this company is going to skyrocket. So that's the reason i'm taking So again, let me know in the conversation what you think about this. I know short sellers again Some of them are just um out there just to make money and they'll write any kind of report But I think the report here was pretty detailed Pointing out certain things but you can need peak every comment or whatever it's going out there for a company that has no product Is to work out or research and development of their products So you can definitely read it and see if there's anything in there that Makes you not want to buy the stock or makes you want to share Sell every share that you have so definitely go check them out And let me know what you guys think if you're new to the channel guys We talk about how to earn money how to save money how to invest and build wealth So there's something that interests you go ahead and hit that subscribe button any notification bell So you don't miss out on new content. Also, if you are looking to get started investing guys Weibo has their promotion where if you sign up and deposit a hundred dollars You get some free stocks links in the description below and as always Do your due diligence. Don't be a pretty savage and stay motivated