Jan. 2 at 6:07 PM
$SOS 4/4❓ So what HAVE they done?
Based on SOS’s own public statements:
• 2021: ~53 MW across U.S. power plants → no follow-up
• 2023: 10 MW live, ramping to 50 MW → no completion disclosure
• 2025: The same project now “begins” at 10 MW and needs
$500M
Those timelines do not reconcile.
💸 Financial reality check
Based on SOS filings and disclosures:
• Hundreds of millions of dollars raised and spent since 2021
• Market cap now below
$15 million
• Cash balance reported at roughly
$4 million
• Company now says it needs
$500 million to do what it previously said was already underway
📢 Why this matters
Investors deserve answers to basic questions:
• Were the 2021 U.S. power assets ever acquired? (no)
• Did the Texas site ever operate at 10–50 MW?
• If so, why does the same project now “begin” again?
• Where did the capital raised since 2021 actually go?
• Why are major milestones announced — but never closed?
No accountability @SECGov @NYSE @FINRA