Oct. 14 at 12:31 PM
$GOEV
Moving IP and Operations to the U.K.
Now, this is where things turn suspicious:
Canoo registered “Canoo Technologies Ltd.” in the U.K., headquartered in Bicester Motion, a known automotive R&D hub focused on next-generation mobility and electric innovation.
That company remains active on Companies House, even as the U.S. parent spirals toward insolvency.
By transferring R&D or IP rights to that U.K. entity:
They move valuable intellectual property and contracts overseas.
They shield those assets from U.S. bankruptcy courts.
They can restart operations with the same leadership, under a new flag.
This maneuver effectively “resets” the company, leaving U.S. shareholders and creditors empty-handed.
This is almost the same play as the Delaware court system x10! Tax payer dollars were used to build the facilities and pay for training and equipment! Then they sell it again....to themselves!
