After being investigated by the sec, nikola motors has faced lots of scrutiny by the public trevor milton the former ceo literally admitted that the nikola one prototype could not run on its own propulsion. Yet, despite this, the automaker still trades at a valuation of over seven billion dollars. Today, nicola's lives are being spearheaded by not trevor milton which, as many of you know, left nicola but mark russell. Who is the current ceo? This billion dollar fraud is now strategically playing its moves to scam investors, while not breaking the rules set by the sec mark russell.

The ceo kim brady, the chief financial officer and britain worthen. The chief legal officer are putting ridiculous but calculated statements to keep the evaluation at a high level so that they can all exit at once. In december. In this video, i'm gon na expose nikola's last deceptive move and how nikola's team will successfully exit this pump and dump within the next few weeks.

Welcome to cas games academy if you're new to the channel. Please consider subscribing for more content like this and let's get right into it because of the sec investigation. Nikola's team is scrambling to cover up any signs of fraud. This includes showing full transparency, which has failed miserably for their team when showcasing the nikola ii prototype to cnbc, the truck failed to start up.

So if the fuel cell did not boot up, we need a cycle t15 or um. Let me see on the screen. There's no current output from the fuel cell, the transparency comes only after nicolas team received subpoenas from the department of justice and the sec. First, on september 14th, five of nicholas officers received sec subpoenas and a week later, three more subpoenas were given out on september 30th.

Nicolas directors then received sec subpoenas. In short, legal trouble is about to come and because of this nicholas team has to scramble to run their operations normally back on july 24, 2020 mark russell and trevor milton unveiled their quote-unquote groundbreaking factory milton claims that nikola would be the first company to release an Electric semi truck with over 300 miles of range before tesla. What we do here today, if we are successful together, we'll be in the history books someday, because one of the hardest challenges we're going to have to solve as a species on this planet is how to stop digging up and burning fossil fuels to power our lives. We will be the first oem that we know of to hit the market with a 300 plus mile zero emission semi truck despite starting over three months ago.

Nicolas factory is still non-existent yet with the sec scrutinizing. The automaker mark russell had no choice but to begin constructing the factory after over 110 days. Nicola still only has tractors steaming the dirt, keep in mind that trevor milton stated that this factory would begin construction in 12 months from construction. It's been quite a long time and nikola is still quote: unquote, prepping all the earth.

The current tractors seem to just be show cars to make it seem, like nicolas operations are running normally and that this is a legit company. Tractors are like the least important thing when it comes to factory. You know, prepping all the earth moving everything digging for utilities. I mean all that good stuff, but they're like the least important thing, but a lot of people were wondering where they were, of course, with all of these ongoing investigations.

Negla has been spending quite a large sum on legal matters. During nicola's q3 conference call, full disclosure was required for the current sec investigation. One of these disclosures included the facts that nicolas spent 5.2 million dollars in regulatory and legal expenses following the hindenburg report that exposed the thought that is nikola motors on a non-get basis, adjusted evda, totaled, negative 58.8 million and 5.2 million in regulatory and legal matters, which Represents legal advisory and other professional service fees incurred in connection with the short sale short seller analyst report from september 2020, only a company afraid of being exposed to fraudulent matters who spend such a large amount of money on legal fees. Can you share us share with us what the sec is exactly looking for here? Well, you know: no company would comment on ongoing sec matters, so we're cooperating with them and and and doing everything we can to help them in their in their in their work.

But we don't comment. We don't comment on an ongoing sec matter throughout this investigation. We're seeing many victims of trevor milton step up with the most notable one being nevada businessman, glenn pills pills was the man who was scammed by milton back in 2006, when milton created a company named saint george security and alarm after dropping out of utah state valley University glenn pills took out every single dollar out of his 401k savings account to purchase st george security and alarm pills finalized his sale with milton who told pills to call him if he needed anything. The insulation equipment included in the contracts did not even exist.

Additionally, customers of the business were refunding their orders leading to ten thousand dollars in chargebacks. Expenses were also not revealed, such as the fact that the company had to pay one employee's rent when pills later called milton milton, would not respond, and eventually, in 2008 pills gave milton the business back because of how much a disaster it was, in addition to george Pills five other investors also fell in the trevor milton scams, which includes four different companies. In total, over 455 thousand dollars were scammed just out of those six investors. Nicola scam is much larger than those scams combined, but keep in mind that these were the people who took out their 401k savings to purchase milton's businesses.

Now nikola is focusing on a side project that milton created the nicola. Trey mark russell has been making ambitious timelines that are extremely questionable, as he claimed that the nuclear trade would start production in 2021, while these claims may be false. Nikola now has a lawyer to back up any possible fraud allegations when nikola's q3 earnings call started the clo britain worthen started, making some suspicious disclaimers. During today's call, we will make certain forward-looking statements within the meaning of the federal securities laws.

Forward-Looking statements are predictions projections and other statements about future events that are based on current expectations and assumptions and, as a result are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication. The nicola tray may not ever be intended to go in production, but because nikola stated that future events may not be what they stated in the webcast. This gets them off.

The hook of making lies in response to trevor milton's breakthrough battery technology. Mark russell has come up with new groundbreaking technology that isn't actually revolutionary nikola's quote-unquote proprietary technology now comes from how they place the batteries in their chamber truck. In other words, niklas proprietary tech could literally be made by a five-year-old kid stacking batteries. On top of one another pay close attention to the following clip, because this junk is what's keeping nico's valuation in the billions batteries for vehicles use cells that are put into modules, which are then put into battery packs.

Nikola owns our battery pack design the battery pack. That we're using on the prototypes in germany today contains modules that were developed by romeo and contain cells that were provided by another supplier cells are provided by only a handful of people for almost all vehicles worldwide, essentially marcus. Admitting that nikola's only proprietary technology is their design, which they bought from a third party to top it off. Nicola's off-road, nzt vehicle and watercraft have been proven to be non-existent after nicola removed them from their website.

Removing these vehicles is essentially admitting that they never even existed, pay close attention to the workmanship, the interior, the exterior it rivals some of the best automotive engineering in the world. This is on an off-road vehicle. The removal of these vehicles makes it clear that the mission of mark russell is not full retail investors. Like you and me anymore.

The badger, off-road vehicle and watercraft were unveiled to attract all the robinhood investors, as trevor milton admitted before. The dissipation of these makes it clear that nicola's team is about to get away with billions of dollars when nikola unveiled its q3 conference. Call a small but hidden leak was revealed in its 10-q filing. The leak hinted towards a massive exit coming soon by both trevor milton and mark russell, which is on page 60 in the 10q report states that approximately 161 million shares of our common stock will become eligible for sale, beginning on december, 1st 2020, upon the expiration of The lock-up agreements described above approximately 5 million additional shares of our common stock held by the original holders, may become eligible for sale, beginning on or after december 1st 2020., pursuant to the registration rights and lock-up agreement, depending on the price of our common stock.

During the 30-day trading period, commencing on or after november 1st 2020 at the time, 161 million nicolas shares will be eligible for sale on december 1st 2020. At the time that i'm currently recording this, those shares are worth 3.2 billion dollars and are owned by former chairman trevor milton and current ceo mark russell. I'm certainly not a financial advisor, but you should take this date december 1st and put it on your calendar, because i can almost assure you allegedly that nikola stock will plummet by significant amounts, leaving milton and russell with enough money to purchase 11 super yachts, while having Some change left to purchase 600 000 donkeys nikola literally stated on his 10-q that sales of a substantial number of shares on our common stock in the public market, or the perception that these sales might occur could depress the market price of our common stock and could Impair our ability to raise capital through the sale of additional equity securities, we are unable to predict the effects that sales may have on the prevailing market price of our common stock. In addition, the sale of substantial amounts of our common stock could adversely impact its price that right there is how you exit a billion dollar fot successfully, while executing your last deception.

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