Jul. 15 at 11:11 AM
$GOEV Synthetic Shares + FTDs Buried in Bankruptcy
They flooded the float with synthetic shares via naked short selling.
Once retail started catching on, FTDs (Failures to Deliver) stacked up.
By entering Chapter 7, they:
Evade SEC scrutiny
Extinguish retail rights
Let brokers + hedge funds "reset" their short books without ever delivering the real shares.
Illegal, see you Feb 2026!