Lady Mavis, Microvision, MVIS Morning Brief...

Karl Guttag , KGOnTech - Dec 7 2021 (yesterday): In the world of AR “scams”, the $3.5 Billion (over 2.5 times Theranos’s $1.3B) into the Magic Leap has to be right at the top. The other contender would have to be Microvision. They have lost about $600M plus about $90M US government money from an “earmark” pushed through by a US Senator they later put on their board. Microvision went from a low of about 20 cents a share to a high of about $28 per share and a market cap over $3B in less than a year based on hyping their Lidar which people who know Lidar tell me is nothing special, yet no profitable deals have been announced and the company continues to lose about $1M per month and some months much more. The product of Microvision seems to be selling stock.