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[NEW2elec]

Well to all of the huge supporters of Damon Motorcycles in California (and even the not so supportive) the answer is YOU.
That's right all of you living in lovely Cali (if you pay taxes) are (likely) going to be giving money to Damon Motorcycles.

Now I know some of you aren't true believers and don't think there will ever be motorcycles made.
But that doesn't matter, you will still (likely) be giving money to Damon and in turn Jay Giraud.

All Damon has to do is sell Zero-Emission Motorcycle credits from the Zero-Emission Motorcycle mandate California has created.


 Something called Cision and PR Newswire      I don't even see an authors' name so it might be AI. 

You can read about it here:
https://finance.yahoo.com/news/damon-inc-announces-revenue-opportunity-130000520.html


Morgan if you could just write "For Jay" in the memo section of your property tax check I think that would be a nice touch.
I swear you can't dream this shit up any funnier.
Karma working hard as always.   

[Fran K]

In the world I live in property tax goes to the town, city or county.  Morgan should put for Damon in the quarterly income tax payment to the state if that is how he pays his state income tax.  It looks to me like Damon is incorporated in Canada in the stock links and my searching.

Where is the remorse for advocating folks on here to sign up for test rides and all the discussion of wheter the 3 year lease was a lease or a baloon loan?

[EsseEsse]

All Damon has to do is sell Zero-Emission Motorcycle credits from the Zero-Emission Motorcycle mandate California has created.

In order to sell a zero-emission motorcycle credit, one must first sell a zero-emission motorcycle.

Also, it's just a proposal, one that is apparently being delayed. https://calmatters.org/environment/2024/10/california-electric-motorcycles-rule/

[Richard230]

Somehow Lightning has managed to stay in business (sort of) for about as long as Zero but without selling more than a handful of motorcycles. It has always been a mystery to me how they do that. Perhaps a trust fund keeps them going? 
 
Even Tesla had to sell cars in their early years. While they lost money for a long time, by selling cars they hung in there and now are a going concern. But Damon and Lightning? I don't know how they do it. 

[NEW2elec]

"Where is the remorse for advocating folks on here to sign up for test rides"

Hmmm let me see, I post on the electric motorcycle forum that the people who like electric motorcycles can sign up for a free test ride on a new electric bike and see what they think of it for themselves. 
I am truly evil.

As for the lease terms, I've never leased a vehicle so I haven't read over other contracts, but a company would have to cover it's butt in case someone crashes or rags out or otherwise ruins the bikes value.  When I took a test ride years ago on a then new 2015 Zero SR the paperwork I had to sign basically said you wreck it, you bought it.  So that's what the Damon lease is saying while also covering them if they fold before the lease term is up.  They wouldn't want a bunch of used bikes they would want money.
So if you can't afford to buy it don't lease it.

I have never posted that anyone should buy a Damon or even put down a deposit.  All I've ever said was give them a chance and see what happens.  Well Covid happened and it kicked their Canadian locked down butts for years.

I'd say at this point there is less than a 50/50 chance they are able to put out the bikes they wanted to make but again we'll see and it costs nothing to watch.

Oh and Damon is basically in CA now and any bikes they make will be in their CA R&D space.

[MVetter]

CA CARB credit didn't pass for motorcycles.

Knowing that, this 'article' can also safely be ignored. Scammers gon' scam.

Also https://www.revzilla.com/common-tread/five-things-to-consider-before-buying-stock-in-damon-motorcycles

[NEW2elec]

Here are a whole bunch of words anyone interested can read, from Damon's SEC filing:

https://www.sec.gov/Archives/edgar/data/2000640/000121390024099365/ea022140801ex99-6_damon.htm

[NEW2elec]

I think it will pass later they just want some more donations first.
"Scammers gon' scam"         Billy Joel "You may be wrong for all I know you may be right."

But we know the SEC says these guys were scamers but settled without admitting any wrong doing.
From this article from Cointelegraph written by Amaka Nwaokocha
https://cointelegraph.com/news/sec-settles-ideanomics-crypto-fraud

"The Ideanomics investigation implicated its former chairman and CEO, Zheng Wu, the current CEO, Alfred Poor, and former chief financial officer, Federico Tovar. The SEC found that these individuals were involved in multiple fraudulent activities."

You can leave any insight on Energica's health here or in the Bad News thread here:
https://www.electricmotorcycleforum.com/boards/index.php?topic=13301.0

Some questions people have are:  Will there be any support for broken bikes?  Will there be any refund for the cost of the extended 5 year battery warranty?
Looks like a guy in the for sale section took $7k trade in for their 23 Ribelle. 

Makes me feel better about me maybe losing $100 to Damon.

[flynnstig82r]

Everyone knows that Energica got in bed with the wrong people. Partnering with a shady finance company is a completely different animal than a company’s own founders coming from a background of shady startups. Damon never even hired a professional racer to go around a track or down a drag strip on one of their prototypes, which is the first thing you would do if you truly intended to make the world’s fastest electric bike. Even Lightning made at least one LS-218 and briefly captured the top speed record for a “production” motorcycle before the Ninja H2R took it.

Look, I think we’d all love for the Damon story to be real. Who wouldn’t want a 200 MPH transformer that can be an upright 200-mile sport-tourer when you want and then become a track weapon on demand? But when a startup comes along promising the moon, you have to look for a track record. Energica came from CRP group’s racing background, and brought serious know-how to the table on day one, and it still took years to bring the price down from an unnatainable $34,000 to the low 20 thousands and deliver useful highway range. Zero started way back when electric motorcycles were a pipe dream, their first products were essentially beefed-up e-bikes duct taped together, and it took them 10 years to release a bike (SR/F) that handled and felt like a real motorcycle. Then Damon comes along with no pedigree or track record and claims to leapfrog all of that hard-won development. You didn’t even have to wait for all of the missed deadlines and stolen marketing videos to know it was bullsh*t.

[MVetter]

Lightning never held a production record at any point in time. Period.

[flynnstig82r]

I stand corrected.

[Specter]

How do they make their money?  Easy, by bullshitting people.  They will get fools who will buy their shares of the stock, they'll piss that away probably jetsetting and partying like the kids typically do when scamming, say it's their 'salary' then in a year claim bankrupt, probably somehow blame Trump, like everyone on that half of the continent loves to do, and disappear into the sunset with the fools money.

If they are feeling froggy they might play a bit of the Ideanomics game themselves see if they can belly up to the government green trough.

Aaron