This is Magnis 2.0. A cash burner with many promises. I can still remember Magnis posting photos of its facility over and over again to legitimise their business. But that was the only real thing they had and it didn't generate any revenue. Similar story with NVX. How many times have we seen photos of NVX's facility with the big Novonix logo, i.e the only thing that seems to be real, but similarly not making any value? It is Potjomkin's village to describe it in terms of literature.
The fall of this company will be a big eye opener for the many naive, newbie speculators here.
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