What Bubble? Sacramento Housing Development Selling $425,000 Pads With No Money Down [zero hedge]
Solidion Technology, Inc. (STI)
Last solidion technology, inc. earnings: 10/17 06:00 am
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Source: zero hedge
There were plenty of bad actors that contributed to the housing crisis in 2009...the banks that underwrote mortgages for people that they knew couldn't afford the home they were buying and then turned around and sold those loans to unsuspecting insurance companies via RMBS structures...the high school janitor making $50,000 a year who suddenly figured he could afford a $750,000 home...the 22-year-old Las Vegas stripper who took out millions in mortgages so she could make "easy money" flipping homes...there was plenty of blame to go around. But, given that those mistakes were made just 8 short years ago, you can imagine our surprise to learn today that a developer in Sacramento seems intent upon making all the same mistakes all over again. As the Sacramento Bee points out, The Mill at Broadway is a brand new housing development where recent college graduates, with no savings and minimal credit history, can easily pick up a $300,000 - $400,000 home with no money down...The Mill at Bro
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- Solidion Technology Reports Results for Full Year 2023 [Yahoo! Finance]Yahoo! Finance
- Solidion Technology Reports Results for Full Year 2023GlobeNewswire
- Solidion Technology, Inc. Announces Pricing of $3.85 Million Private Placement [Yahoo! Finance]Yahoo! Finance
- Solidion Technology, Inc. Announces Pricing of $3.85 Million Private PlacementGlobeNewswire
- Solidion Technology's Lithium-Sulfur Batteries on a Launch Pad to Accelerate the Takeoff of the eVTOL Aircraft Industry [Yahoo! Finance]Yahoo! Finance
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Sec Filings
- 4/15/24 - Form S-1
- 4/12/24 - Form 10-K
- 4/2/24 - Form NT
- STI's page on the SEC website